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: Orderly against Bybit−0.063%50s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Orderly is 0.063% cheaper against Bybit than usual: you would sell low and buy high (spread −0.063% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 2.1 days of funding at the current rate (+$3 a day). The two prices were read 50 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 | Bybit TQQQUSDT | 79.690 | 0 | get 0.0000% / 8h | 5h 50m | $3.0M | $6.4M | 25x |
| Short | Orderly PERP_TQQQ_USDC_mythos | 79.640 | 0.0100 | get 0.0100% / 8h | 5h 50m | $5 | — | 10x |
Bybit TQQQUSDT
Orderly PERP_TQQQ_USDC_mythosFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Bybit. 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: −0.063% → 0.000%
- −$6.27
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$2.27
- Costs to cover
- 0.170%
- Break-even
- 7.8 days
Slippage unknown: Bybit: live order book, 2 min ago; Orderly: no order-book sample. Net counts fees only.
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 Bybit live order book, 2 min ago | 0.63 bp | 10.0 bp −$10 | 41.7 bp −$417 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
TQQQ on 10 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 | 79.563 | −0.160% | $70K | $145K | 20x | as long as short |
| Binance TQQQUSDT | 0.0000% | 8h | 79.631 | −0.074% | $18.3M | $47.7M | 20x | as long as short |
| Bybit TQQQUSDTlong | 0.0000% | 8h | 79.690 | long leg | $3.0M | $6.4M | 25x | |
| OKX TQQQ-USDT-SWAP | 0.0000% | 8h | 79.650 | −0.050% | $2.5M | $5.3M | 10x | as long as short |
| MEXC TQQQ_USDT | 0.0000% | 8h | 79.660 | −0.038% | $1.6M | $216K | 20x | as long as short |
| Bitget TQQQUSDT | 0.0000% | 8h | 79.670 | −0.025% | $7.7M | $2.9M | 20x | as long as short |
| GRVT TQQQ_USDT_Perp | 0.0000% | 8h | 79.665 | −0.032% | $1K | $99K | 10x | as long as short |
| HTX TQQQ-USDT | 0.0000% | 8h | 79.640 | −0.063% | $14K | $10K | 10x | as long as short |
| KuCoin TQQQUSDTM | +0.0021% | 8h | 79.620 | −0.088% | $181K | $753K | 10x | as long as short |
| Orderly PERP_TQQQ_USDC_mythosshort | +0.0100% | 8h | 79.640 | −0.063% | $5 | — | 10x |
Aster TQQQUSDT
Binance TQQQUSDT
OKX TQQQ-USDT-SWAP
MEXC TQQQ_USDT
Bitget TQQQUSDT
GRVT TQQQ_USDT_Perp
HTX TQQQ-USDT
KuCoin TQQQUSDTM