Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Phemex against SunX−0.005%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$123as in the Funding arb table
Net, price: spread back to 7d avg − costs−$122as in the Price arb table
costs, in and out, $10k−$1231.231% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.008%+$1 · spread now −0.005%, 7d avg −0.015%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX QQQ-USDT | 742.04 | 0 | get 0.0000% / 8h | 7m 00s | $2K | $1.7M | 10x |
| Short | Phemex QQQUSDT | 742.00 | 0 | get 0.0000% / 8h | 7m 00s | $358K | $1.6M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- $0
- Price spread: −0.005% → −0.015%
- $0.94
- Slippage, 4 orders
- −$103.11
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$122.17
- Costs to cover
- 1.231%
- Break-even
- never at this rate
Slippage from SunX: live order book, 9 min ago; Phemex: live order book, 1 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, 9 min ago | 21.62 bp | 25.6 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phemex live order book, 1 min ago | 1.42 bp | 29.1 bp −$29 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX QQQ/USD [ETH-USDC] | L −0.0177% / S +0.0265% | 1h | 741.75 | −0.040% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0123% | 1h | 740.66 | −0.186% | $4.2M | $1.8M | 20x | as long as short |
| Gate QQQ_USDT | −0.0094% | 8h | 741.22 | −0.111% | $3.3M | $21.7M | 50x | as long as short |
| BloFin QQQ-USDT | −0.0019% | 8h | 741.34 | −0.094% | $1.1M | $274K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 741.74 | −0.040% | $824K | $864K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 741.73 | −0.042% | $10.7M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 741.56 | −0.065% | $21.5M | $28.4M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 741.49 | −0.074% | $5.4M | $5.9M | 25x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 741.88 | −0.022% | $16.5M | $5.3M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 741.57 | −0.063% | $16.8M | $7.2M | — | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX QQQ-USDTlong | 0.0000% | 8h | 742.04 | long leg | $2K | $1.7M | 10x | |
| Deribit QQQ_USDC-PERPETUAL | 0.0000% | 1h | 741.34 | −0.094% | $424K | $156K | 20x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 742.03 | −0.001% | $251K | $41K | 30x | as long as short |
| Phemex QQQUSDTshort | 0.0000% | 8h | 742.00 | −0.005% | $358K | $1.6M | 10x | |
| Coinbase International QQQ-PERP-INTX | +0.0016% | 1h | 741.14 | −0.121% | $1.2M | $487K | 20x | as long as short |
| Binance QQQUSDT | +0.0025% | 8h | 741.77 | −0.037% | $70.3M | $140.6M | 25x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 741.53 | −0.069% | $7.7M | $15.4M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 741.88 | −0.022% | $37.4M | $81.5M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 740.84 | −0.162% | $647K | $1.7M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 742.64 | +0.081% | — | $337K | 50x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 741.32 | −0.097% | $3.4M | $356K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 741.13 | −0.123% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 741.43 | −0.082% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 740.98 | −0.143% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0140% | 1h | 741.27 | −0.103% | $1.6M | $744K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0144% | 8h | 741.77 | −0.036% | $314K | $2.0M | 10x | as long as short |
| Phoenix QQQ | +0.0227% | 1h | 741.17 | −0.117% | $38K | $65K | 20x | as long as short |
| edgeX QQQUSDC | +0.0942% | 4h | 741.62 | −0.057% | $758K | $335K | 20x | as long as short |
SunX QQQ-USDT
Phemex QQQUSDT
GMX QQQ/USD [ETH-USDC]
Gate QQQ_USDT
BloFin QQQ-USDT
Aster QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Bitget QQQUSDT
Variational Omni QQQ
Deribit QQQ_USDC-PERPETUAL
HTX QQQ-USDT
Coinbase International QQQ-PERP-INTX
Binance QQQUSDT
Lighter QQQ
Lighter RH QQQ
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
GRVT QQQ_USDT_Perp
Phoenix QQQ
edgeX QQQUSDC