Funding you earn now, next payment 08:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.18 per $10,000 · paid last 24h −0.003%
Price spread now: BloFin against Binance−0.050%101s7-day average +0.026% · 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—prices read too far apart to compare
costs, in and out, $10k−$310.310% of the position
Funding, last 5 days (all we have)+0.027%+$3 on $10k
+Price spread, last 4 days (all we have)+0.084%+$8 · spread now −0.050%, 7d avg +0.026%
=Funding pays, the price is against you. BloFin is 0.076% cheaper against Binance than usual: you would sell low and buy high (spread −0.050% now, against its 7-day average of +0.026%). If the spread goes back, that is −$8 on $10k: about 14 days of funding at the current rate (+$1 a day). The two prices were read 101 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance TQQQUSDT | 79.660 | 0 | get 0.0000% / 8h | 4h 09m | $18.4M | $47.8M | 20x |
| Short | BloFin TQQQ-USDT | 79.620 | 0.0018 | get 0.0018% / 8h | 4h 09m | $164K | $30K | 20x |
Binance TQQQUSDT
BloFin TQQQ-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. 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
- $3.77
- Price spread: −0.050% → +0.026%
- −$7.58
- Slippage, 4 orders
- −$9.03
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$34.84
- Costs to cover
- 0.310%
- Break-even
- 71.7 days
Slippage from Binance: live order book, 3 min ago; BloFin: live order book, 20 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 Binance live order book, 3 min ago | 0.63 bp | 6.7 bp −$7 | 11.5 bp −$115 | 61.1 bp −$6,108 | doesn't fit |
| Sell BloFin live order book, 20 min ago | 1.88 bp | 8.2 bp −$8 | 11.0 bp −$110 | 35.7 bp −$3,574 | doesn't fit |
TQQQ on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster TQQQUSDT | 0.0000% | 8h | 79.548 | −0.140% | $70K | $145K | 20x | as long as short |
| Binance TQQQUSDTlong | 0.0000% | 8h | 79.660 | long leg | $18.4M | $47.8M | 20x | |
| Bybit TQQQUSDT | 0.0000% | 8h | 79.700 | +0.050% | $3.0M | $6.5M | 25x | as long as short |
| OKX TQQQ-USDT-SWAP | 0.0000% | 8h | 79.640 | −0.025% | $2.5M | $5.3M | 10x | as long as short |
| MEXC TQQQ_USDT | 0.0000% | 8h | 79.660 | 0.000% | $1.5M | $226K | 20x | as long as short |
| Bitget TQQQUSDT | 0.0000% | 8h | 79.680 | +0.025% | $7.6M | $2.9M | 20x | as long as short |
| GRVT TQQQ_USDT_Perp | 0.0000% | 8h | 79.647 | −0.017% | $2K | $99K | 10x | as long as short |
| HTX TQQQ-USDT | 0.0000% | 8h | 79.700 | +0.050% | $14K | $10K | 10x | as long as short |
| BloFin TQQQ-USDTshort | +0.0018% | 8h | 79.620 | −0.050% | $164K | $30K | 20x | |
| KuCoin TQQQUSDTM | +0.0036% | 8h | 79.600 | −0.075% | $181K | $664K | 10x | as long as short |
Aster TQQQUSDT
Bybit TQQQUSDT
OKX TQQQ-USDT-SWAP
MEXC TQQQ_USDT
Bitget TQQQUSDT
GRVT TQQQ_USDT_Perp
HTX TQQQ-USDT
KuCoin TQQQUSDTMShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_TQQQ_USDC_mythos | +0.0100% | 8h | 79.630 | −0.038% | $5 | — | 10x | as long as short |
Orderly PERP_TQQQ_USDC_mythos