Funding you earn now, next payment 08:00 UTC+0.0619%/8h= +67.7% APRpaid last 24h +0.055%
Price spread now: edgeX against Arcus+0.049%54s7-day average +0.123% · you sell dearer than you buy
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−$300.301% of the position
Funding, last 4 days (all we have)−0.310%−$31 on $10k
+Price spread, last 4 days (all we have)+0.056%+$6 · spread now +0.049%, 7d avg +0.123%
=Together, before fees−0.255%+ Points / potential airdropedgeX: Active · farm board−$25 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.073% cheaper against Arcus than usual: you would sell low and buy high (spread +0.049% now, against its 7-day average of +0.123%). If the spread goes back, that is −$7 on $10k: about 9 hours of funding at the current rate (+$19 a day). Mind the row above: over the last 4 days funding on this pair cost −0.310%, so the current rate has only just turned in your favour. The two prices were read 54 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 | Arcus QQQ-USD | 741.24 | 0.0040 | pay 0.0005% / 1h | 48m 04s | $642K | $1.7M | 25x |
| Short | edgeX QQQUSDC | 741.61 | 0.0659 | get 0.0329% / 4h | 48m 04s | $758K | $336K | 20x |
Arcus QQQ-USD
edgeX QQQUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Arcus. 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
- $129.91
- Price spread: +0.049% → +0.123%
- −$7.32
- Slippage, 4 orders
- −$16.61
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $92.48
- Costs to cover
- 0.301%
- Break-even
- 2.0 days
Slippage from Arcus: live order book, 1 min ago; edgeX: live order book, 56 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 Arcus live order book, 1 min ago | 0.74 bp | 6.3 bp −$6 | 8.2 bp −$82 | 24.5 bp −$2,450 | doesn't fit |
| Sell edgeX live order book, 56 min ago | 4.11 bp | 8.6 bp −$9 | 9.7 bp −$97 | 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 −0.0169% / S +0.0259% | 1h | 741.93 | +0.094% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0152% | 1h | 740.17 | −0.144% | $4.2M | $1.8M | 20x | as long as short |
| Gate QQQ_USDT | −0.0068% | 8h | 741.47 | +0.031% | $3.3M | $21.6M | 50x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 741.99 | +0.101% | $823K | $858K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 742.01 | +0.104% | $10.7M | $5.3M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 741.71 | +0.063% | $21.5M | $28.3M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 741.73 | +0.066% | $5.4M | $6.3M | 25x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 742.02 | +0.105% | $16.5M | $5.4M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 741.63 | +0.053% | $16.8M | $7.4M | — | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 742.73 | +0.201% | $2K | $1.8M | 10x | as long as short |
GMX QQQ/USD [ETH-USDC]
Ondo Perps QQQ-USD.P
Gate QQQ_USDT
Aster QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Bitget QQQUSDT
Variational Omni QQQ
SunX QQQ-USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit QQQ_USDC-PERPETUAL | 0.0000% | 1h | 741.71 | +0.063% | $424K | $155K | 20x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 741.94 | +0.094% | $250K | $41K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 742.26 | +0.138% | $360K | $1.6M | 10x | as long as short |
| Binance QQQUSDT | +0.0005% | 8h | 741.98 | +0.100% | $70.0M | $142.6M | 25x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0016% | 1h | 741.39 | +0.020% | $1.2M | $489K | 20x | as long as short |
| BloFin QQQ-USDT | +0.0016% | 8h | 741.73 | +0.066% | $1.1M | $270K | 20x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 741.83 | +0.080% | $7.7M | $15.3M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 742.18 | +0.127% | $37.2M | $79.8M | 50x | as long as short |
| Arcus QQQ-USDlong | +0.0040% | 1h | 741.24 | long leg | $642K | $1.7M | 25x | |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 742.83 | +0.215% | — | $337K | 50x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 741.51 | +0.036% | $3.4M | $357K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 741.30 | +0.008% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 741.63 | +0.053% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 741.17 | −0.010% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0107% | 1h | 741.60 | +0.049% | $1.6M | $758K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0122% | 8h | 741.91 | +0.090% | $325K | $2.0M | 10x | as long as short |
| Phoenix QQQ | +0.0227% | 1h | 741.27 | +0.004% | $38K | $65K | 20x | as long as short |
| edgeX QQQUSDCshort | +0.0659% | 4h | 741.61 | +0.049% | $758K | $336K | 20x |
Deribit QQQ_USDC-PERPETUAL
HTX QQQ-USDT
Phemex QQQUSDT
Binance QQQUSDT
Coinbase International QQQ-PERP-INTX
BloFin QQQ-USDT
Lighter QQQ
Lighter RH QQQ
Vest QQQ-USD-PERP
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Nado QQQ-PERP
GRVT QQQ_USDT_Perp
Phoenix QQQ