Funding you earn now, next payment 08:00 UTC+0.0041%/8h= +4.5% APRnext payment +$0.41 per $10,000 · paid last 24h +0.026%
Price spread now: Binance against SunX−0.060%7-day average −0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$740.738% of the position
Funding, last 7 days−0.032%−$3 on $10k
+Price spread, last 4 days (all we have)+0.019%+$2 · spread now −0.060%, 7d avg −0.054%
=The price spread sits at its 7-day average of −0.054%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX QQQ-USDT | 744.94 | 0 | get 0.0000% / 8h | 4h 37m | $2K | $1.9M | 10x |
| Short | Binance QQQUSDT | 744.49 | 0.0041 | get 0.0041% / 8h | 4h 37m | $71.1M | $141.8M | 25x |
SunX QQQ-USDT
Binance QQQUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against SunX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $8.64
- Price spread: −0.060% → −0.054%
- −$0.61
- Slippage, 4 orders
- −$55.85
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$65.81
- Costs to cover
- 0.738%
- Break-even
- 60.3 days
Slippage from SunX: live order book, 8 min ago; Binance: live order book, 5 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy SunX live order book, 8 min ago | 21.61 bp | 25.6 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 0.07 bp | 5.1 bp −$5 | 5.8 bp −$58 | 10.2 bp −$1,024 | 27.2 bp −$13.6K |
QQQ on 28 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps QQQ-USD.P | −0.0136% | 1h | 742.94 | −0.268% | $4.2M | $1.8M | 20x | as long as short |
| GMX QQQ/USD [ETH-USDC] | L −0.0121% / S +0.0221% | 1h | 744.50 | −0.060% | $25K | — | 26x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 744.49 | −0.061% | $841K | $714K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 744.41 | −0.071% | $10.7M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 744.29 | −0.087% | $21.5M | $26.9M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 744.54 | −0.053% | $5.4M | $7.5M | 25x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 743.91 | −0.138% | $3.3M | $20.8M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 744.62 | −0.043% | $16.9M | $5.7M | 20x | as long as short |
| SunX QQQ-USDTlong | 0.0000% | 8h | 744.94 | long leg | $2K | $1.9M | 10x | |
| HTX QQQ-USDT | 0.0000% | 8h | 744.70 | −0.032% | $257K | $29K | 30x | as long as short |
Ondo Perps QQQ-USD.P
GMX QQQ/USD [ETH-USDC]
Aster QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Gate QQQ_USDT
Bitget QQQUSDT
HTX QQQ-USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex QQQUSDT | 0.0000% | 8h | 744.65 | −0.039% | $360K | $1.5M | 10x | as long as short |
| Variational Omni QQQ | +0.0006% | 8h | 744.39 | −0.074% | $17.1M | $7.5M | — | as long as short |
| BloFin QQQ-USDT | +0.0008% | 8h | 744.29 | −0.087% | $1.1M | $271K | 20x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0008% | 1h | 743.96 | −0.132% | $1.2M | $536K | 20x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 744.35 | −0.079% | $7.7M | $16.3M | 30x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 743.75 | −0.160% | $700K | $1.6M | 25x | as long as short |
| Binance QQQUSDTshort | +0.0041% | 8h | 744.49 | −0.060% | $71.1M | $141.8M | 25x | |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 745.46 | +0.070% | — | $337K | 50x | as long as short |
| Lighter RH QQQ | +0.0048% | 1h | 744.78 | −0.021% | $36.9M | $78.9M | 50x | as long as short |
| Nado QQQ-PERP | +0.0098% | 1h | 744.18 | −0.102% | $1.5M | $876K | 20x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 744.12 | −0.110% | $3.4M | $390K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 744.20 | −0.099% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 744.24 | −0.094% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 743.68 | −0.169% | $93K | $1K | 10x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0114% | 8h | 744.62 | −0.043% | $319K | $1.9M | 10x | as long as short |
| Phoenix QQQ | +0.0129% | 1h | 744.09 | −0.114% | $38K | $66K | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0220% | 1h | 744.42 | −0.070% | $425K | $149K | 20x | as long as short |
| edgeX QQQUSDC | +0.0728% | 4h | 744.46 | −0.065% | $761K | $333K | 20x | as long as short |
Phemex QQQUSDT
Variational Omni QQQ
BloFin QQQ-USDT
Coinbase International QQQ-PERP-INTX
Lighter QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
Lighter RH QQQ
Nado QQQ-PERP
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
GRVT QQQ_USDT_Perp
Phoenix QQQ
Deribit QQQ_USDC-PERPETUAL
edgeX QQQUSDC