Funding you earn now, next payment 01:00 UTC+0.0208%/8h= +22.7% APRpaid last 24h +0.069%
Price spread now: RISEx against SunX−0.053%7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$710.710% of the position
Funding, last 3 days (all we have)+0.195%+$19 on $10k
+Price spread, last 3 days (all we have)+0.044%+$4 · spread now −0.053%, 7d avg −0.018%
=Funding pays, the price is against you. RISEx is 0.035% cheaper against SunX than usual: you would sell low and buy high (spread −0.053% now, against its 7-day average of −0.018%). If the spread goes back, that is −$3 on $10k: about 13 hours of funding at the current rate (+$6 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX QQQ-USDT | 745.20 | 0 | get 0.0000% / 8h | 7h 00m | $2K | $2.1M | 10x |
| Short | RISEx QQQ/USDC | 744.80 | 0.0208 | get 0.0026% / 1h | 0m 23s | $5.4M | $8.2M | 25x |
SunX QQQ-USDT
RISEx QQQ/USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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
- $43.62
- Price spread: −0.053% → −0.018%
- −$3.48
- Slippage, 4 orders
- −$57
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- −$30.87
- Costs to cover
- 0.710%
- Break-even
- 12.0 days
Slippage from SunX: live order book, 6 min ago; RISEx: live order book, 4 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, 6 min ago | 21.60 bp | 25.6 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
| Sell RISEx live order book, 4 min ago | 0.07 bp | 3.1 bp −$3 | 3.5 bp −$35 | 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 | −0.0307% | 1h | 743.25 | −0.262% | $4.2M | $2.0M | 20x | as long as short |
| GMX QQQ/USD [ETH-USDC] | L −0.0092% / S +0.0198% | 1h | 744.76 | −0.058% | $25K | — | 26x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 744.52 | −0.091% | $21.5M | $25.4M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 744.36 | −0.113% | $3.2M | $29.1M | 50x | as long as short |
| SunX QQQ-USDTlong | 0.0000% | 8h | 745.20 | long leg | $2K | $2.1M | 10x | |
| HTX QQQ-USDT | 0.0000% | 8h | 744.94 | −0.035% | $257K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 745.09 | −0.015% | $361K | $1.4M | 10x | as long as short |
| BloFin QQQ-USDT | +0.0003% | 8h | 744.38 | −0.110% | $1.1M | $320K | 20x | as long as short |
| Aster QQQUSDT | +0.0022% | 8h | 744.66 | −0.072% | $841K | $713K | 20x | as long as short |
| Bybit QQQUSDT | +0.0027% | 8h | 744.76 | −0.059% | $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 | 744.53 | −0.090% | $7.7M | $18.5M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 744.93 | −0.036% | $37.4M | $81.4M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 743.78 | −0.191% | $748K | $1.5M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 745.31 | +0.015% | — | $306K | 50x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0064% | 1h | 744.09 | −0.149% | $1.2M | $545K | 20x | as long as short |
| Variational Omni QQQ | +0.0072% | 8h | 744.60 | −0.080% | $17.1M | $7.6M | — | as long as short |
| Nado QQQ-PERP | +0.0099% | 1h | 744.35 | −0.114% | $1.5M | $1.1M | 20x | as long as short |
| Binance QQQUSDT | +0.0099% | 8h | 744.77 | −0.058% | $71.3M | $149.2M | 25x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 744.39 | −0.109% | $3.4M | $410K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 744.13 | −0.144% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 744.51 | −0.093% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 744.02 | −0.158% | $93K | $1K | 10x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0113% | 1h | 744.46 | −0.099% | $425K | $147K | 20x | as long as short |
| Bitget QQQUSDT | +0.0144% | 8h | 744.71 | −0.066% | $16.9M | $6.1M | 20x | as long as short |
| RISEx QQQ/USDCshort | +0.0208% | 1h | 744.80 | −0.053% | $5.4M | $8.2M | 25x | |
| edgeX QQQUSDC | +0.0216% | 4h | 744.53 | −0.090% | $761K | $337K | 20x | as long as short |
| Phoenix QQQ | +0.0258% | 1h | 744.36 | −0.113% | $38K | $66K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0361% | 8h | 744.85 | −0.047% | $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
Binance QQQUSDT
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Deribit QQQ_USDC-PERPETUAL
Bitget QQQUSDT
edgeX QQQUSDC
Phoenix QQQ
GRVT QQQ_USDT_Perp