Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against SunX−0.097%7-day average −0.088% · you buy dearer than you sell
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$850.852% of the position
Funding, last 7 days+0.203%+$20 on $10k
+Price spread, last 3 days (all we have)+0.013%+$1 · spread now −0.097%, 7d avg −0.088%
=The price spread sits at its 7-day average of −0.088%, so right now this pair is about funding alone: +$3 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 | 745.25 | 0 | get 0.0000% / 8h | 6h 59m | $2K | $2.1M | 10x |
| Short | KuCoin QQQUSDTM | 744.53 | 0.0100 | get 0.0100% / 8h | 6h 59m | $3.4M | $410K | 20x |
SunX QQQ-USDT
KuCoin QQQUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $21
- Price spread: −0.097% → −0.088%
- −$0.87
- Slippage, 4 orders
- −$65.16
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$65.04
- Costs to cover
- 0.852%
- Break-even
- 28.7 days
Slippage from SunX: live order book, 7 min ago; KuCoin: live order book, 3 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, 7 min ago | 21.60 bp | 25.6 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 1.41 bp | 12.0 bp −$12 | 120.7 bp −$1,207 | doesn't fit | doesn't fit |
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 | −0.0293% | 1h | 743.10 | −0.288% | $4.2M | $2.0M | 20x | as long as short |
| GMX QQQ/USD [ETH-USDC] | L −0.0092% / S +0.0198% | 1h | 744.76 | −0.065% | $25K | — | 26x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 744.53 | −0.097% | $21.5M | $25.3M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 744.37 | −0.118% | $3.2M | $19.9M | 50x | as long as short |
| SunX QQQ-USDTlong | 0.0000% | 8h | 745.25 | long leg | $2K | $2.1M | 10x | |
| HTX QQQ-USDT | 0.0000% | 8h | 744.94 | −0.042% | $257K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 745.03 | −0.030% | $360K | $1.4M | 10x | as long as short |
| BloFin QQQ-USDT | +0.0003% | 8h | 744.38 | −0.117% | $1.1M | $320K | 20x | as long as short |
| Aster QQQUSDT | +0.0023% | 8h | 744.66 | −0.079% | $841K | $713K | 20x | as long as short |
| Bybit QQQUSDT | +0.0025% | 8h | 744.74 | −0.068% | $10.7M | $5.0M | 50x | as long as short |
Ondo Perps QQQ-USD.P
GMX QQQ/USD [ETH-USDC]
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
HTX QQQ-USDT
Phemex QQQUSDT
BloFin QQQ-USDT
Aster QQQUSDT
Bybit QQQUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter QQQ | +0.0032% | 1h | 744.51 | −0.099% | $7.7M | $17.6M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 744.91 | −0.046% | $37.4M | $78.5M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 743.79 | −0.196% | $748K | $1.5M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 745.30 | +0.007% | — | $306K | 50x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0064% | 1h | 744.09 | −0.156% | $1.2M | $545K | 20x | as long as short |
| Variational Omni QQQ | +0.0072% | 8h | 744.60 | −0.087% | $17.1M | $7.6M | — | as long as short |
| Nado QQQ-PERP | +0.0098% | 1h | 744.41 | −0.113% | $1.5M | $1.1M | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0099% | 1h | 744.53 | −0.097% | $425K | $147K | 20x | as long as short |
| Binance QQQUSDT | +0.0100% | 8h | 744.75 | −0.067% | $71.3M | $149.1M | 25x | as long as short |
| KuCoin QQQUSDTMshort | +0.0100% | 8h | 744.53 | −0.097% | $3.4M | $410K | 20x | |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 744.13 | −0.150% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 744.51 | −0.099% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 744.02 | −0.165% | $93K | $1K | 10x | as long as short |
| Bitget QQQUSDT | +0.0143% | 8h | 744.71 | −0.072% | $16.9M | $6.1M | 20x | as long as short |
| RISEx QQQ/USDC | +0.0168% | 1h | 744.80 | −0.060% | $5.4M | $8.2M | 25x | as long as short |
| edgeX QQQUSDC | +0.0216% | 4h | 744.53 | −0.097% | $761K | $337K | 20x | as long as short |
| Phoenix QQQ | +0.0258% | 1h | 744.24 | −0.136% | $38K | $66K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0371% | 8h | 744.88 | −0.049% | $318K | $1.8M | 10x | as long as short |
Lighter QQQ
Lighter RH QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
Coinbase International QQQ-PERP-INTX
Variational Omni QQQ
Nado QQQ-PERP
Deribit QQQ_USDC-PERPETUAL
Binance QQQUSDT
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Bitget QQQUSDT
RISEx QQQ/USDC
edgeX QQQUSDC
Phoenix QQQ
GRVT QQQ_USDT_Perp