Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.023%
Price spread now: Bybit against Binance+0.058%7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$360.356% of the position
Funding, last 7 days+0.022%+$2 on $10k
+Price spread, last 7 days−0.026%−$3 · spread now +0.058%, 7d avg +0.017%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.041% dearer against Binance than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.017%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance TQQQUSDT | 79.274 | 0 | get 0.0000% / 8h | 3h 14m | $18.3M | $48.5M | 20x |
| Short | Bybit TQQQUSDT | 79.320 | 0 | get 0.0000% / 8h | 3h 14m | $2.4M | $7.0M | 25x |
Binance TQQQUSDT
Bybit TQQQUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $0
- Price spread: +0.058% → +0.017%
- $4.11
- Slippage, 4 orders
- −$14.55
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$31.44
- Costs to cover
- 0.356%
- Break-even
- never at this rate
Slippage from Binance: live order book, 13 min ago; Bybit: 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 Binance live order book, 13 min ago | 0.63 bp | 6.5 bp −$7 | 11.8 bp −$118 | 63.3 bp −$6,325 | doesn't fit |
| Sell Bybit live order book, 4 min ago | 1.26 bp | 11.0 bp −$11 | 54.0 bp −$540 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin TQQQ-USDT | −0.0024% | 8h | 79.280 | +0.008% | $156K | $31K | 20x | as long as short |
| KuCoin TQQQUSDTM | −0.0005% | 8h | 79.200 | −0.093% | $180K | $614K | 10x | as long as short |
| Aster TQQQUSDT | 0.0000% | 8h | 79.327 | +0.067% | $70K | $145K | 20x | as long as short |
| Binance TQQQUSDTlong | 0.0000% | 8h | 79.274 | long leg | $18.3M | $48.5M | 20x | |
| Bybit TQQQUSDTshort | 0.0000% | 8h | 79.320 | +0.058% | $2.4M | $7.0M | 25x | |
| OKX TQQQ-USDT-SWAP | 0.0000% | 8h | 79.280 | +0.008% | $2.2M | $5.6M | 10x | as long as short |
| MEXC TQQQ_USDT | 0.0000% | 8h | 79.280 | +0.008% | $1.5M | $226K | 20x | as long as short |
| Bitget TQQQUSDT | 0.0000% | 8h | 79.310 | +0.045% | $7.6M | $2.9M | 20x | as long as short |
| GRVT TQQQ_USDT_Perp | 0.0000% | 8h | 79.308 | +0.043% | $1K | $101K | 10x | as long as short |
| HTX TQQQ-USDT | 0.0000% | 8h | 79.310 | +0.045% | $14K | $10K | 10x | as long as short |
BloFin TQQQ-USDT
KuCoin TQQQUSDTM
Aster TQQQUSDT
OKX TQQQ-USDT-SWAP
MEXC TQQQ_USDT
Bitget TQQQUSDT
GRVT TQQQ_USDT_Perp
HTX TQQQ-USDTShow 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 | 79.280 | +0.008% | $5 | — | 10x | as long as short |
Orderly PERP_TQQQ_USDC_mythos