QQQ

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0104%/8h= +11.4% APRnext payment +$1.04 per $10,000 · paid last 24h +0.014%

Price spread now: Bitget against Binance−0.001%7-day average +0.028% · you buy dearer than you sell

Net, funding: paid 7d − costs−$8as in the Funding arb table

Net, price: spread back to 7d avg − costs−$26as in the Price arb table

costs, in and out, $10k−$230.230% of the position

Long on Binance Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.151%+$15 on $10k

Price spread, last 2 days (all we have)+0.031%+$3 · spread now −0.001%, 7d avg +0.028%

Together, before fees+0.182%+$18 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bitget is 0.029% cheaper against Binance than usual: you would sell low and buy high (spread −0.001% now, against its 7-day average of +0.028%). If the spread goes back, that is −$3 on $10k: about 22 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance QQQUSDT	744.05	0.0068	pay 0.0068% / 8h	7h 51m	$71.0M	$155.1M	25x
Short	Bitget QQQUSDT	744.05	0.0172	get 0.0172% / 8h	7h 51m	$16.9M	$6.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Binance. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BinancebpFee BitgetbpOrdersPrice spread, now −0.001%Rate

Funding earned: $21.84
Price spread: −0.001% → +0.028%: −$2.9
Slippage, 4 orders: −$1.04
Fee Binance: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$4.1
Costs to cover: 0.230%
Break-even: 8.3 days

Slippage from Binance: live order book, 7 min ago; Bitget: live order book, 2 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, 7 min ago	0.07 bp	5.1 bp −$5	6.2 bp −$62	12.3 bp −$1,225	31.4 bp −$15.7K
Sell Bitget live order book, 2 min ago	0.07 bp	6.1 bp −$6	7.6 bp −$76	15.1 bp −$1,510	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	−0.0362%	1h	742.38	−0.225%	$4.2M	$2.0M	20x	as long as short
GMX QQQ/USD [ETH-USDC]	L −0.0081% / S +0.0190%	1h	744.09	+0.004%	$25K	—	26x	as long as short
BloFin QQQ-USDT	−0.0022%	8h	743.81	−0.033%	$1.0M	$318K	20x	as long as short
Aster QQQUSDT	0.0000%	8h	743.63	−0.057%	$841K	$757K	20x	as long as short
OKX QQQ-USDT-SWAP	0.0000%	8h	743.84	−0.029%	$21.5M	$25.4M	50x	as long as short
Gate QQQ_USDT	0.0000%	8h	743.69	−0.049%	$3.2M	$26.3M	50x	as long as short
SunX QQQ-USDT	0.0000%	8h	744.48	+0.057%	$2K	$2.3M	10x	as long as short
HTX QQQ-USDT	0.0000%	8h	743.14	−0.123%	$257K	$28K	30x	as long as short
Phemex QQQUSDT	0.0000%	8h	744.20	+0.020%	$362K	$1.4M	10x	as long as short
Bybit QQQUSDT	+0.0022%	8h	744.08	+0.003%	$10.7M	$4.9M	50x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter QQQ	+0.0032%	1h	743.90	−0.021%	$7.6M	$18.1M	30x	as long as short
Lighter RH QQQ	+0.0032%	1h	744.17	+0.015%	$37.4M	$78.7M	50x	as long as short
Variational Omni QQQ	+0.0040%	8h	743.83	−0.030%	$17.1M	$10.8M	—	as long as short
Arcus QQQ-USD	+0.0040%	1h	743.12	−0.126%	$746K	$1.5M	25x	as long as short
Vest QQQ-USD-PERP	+0.0046%	1h	744.57	+0.069%	—	$388K	50x	as long as short
Coinbase International QQQ-PERP-INTX	+0.0064%	1h	743.51	−0.073%	$1.2M	$624K	20x	as long as short
Binance QQQUSDTlong	+0.0068%	8h	744.05	long leg	$71.0M	$155.1M	25x
KuCoin QQQUSDTM	+0.0100%	8h	743.67	−0.052%	$3.4M	$413K	20x	as long as short
ApeX Omni QQQUSDT	+0.0100%	1h	743.50	−0.075%	$20K	$2.2M	50x	as long as short
Orderly PERP_QQQ_USDC_mythos	+0.0100%	8h	743.75	−0.041%	$12K	$21K	20x	as long as short
Aevo QQQ-PERP	+0.0104%	1h	743.39	−0.090%	$93K	$1K	10x	as long as short
Nado QQQ-PERP	+0.0112%	1h	743.63	−0.057%	$1.5M	$1.2M	20x	as long as short
GRVT QQQ_USDT_Perp	+0.0165%	8h	744.03	−0.003%	$327K	$1.8M	10x	as long as short
Deribit QQQ_USDC-PERPETUAL	+0.0167%	1h	743.91	−0.019%	$425K	$147K	20x	as long as short
Bitget QQQUSDTshort	+0.0172%	8h	744.05	−0.001%	$16.9M	$6.6M	20x
RISEx QQQ/USDC	+0.0208%	1h	744.03	−0.003%	$5.5M	$9.1M	25x	as long as short
Phoenix QQQ	+0.0258%	1h	743.43	−0.084%	$38K	$66K	20x	as long as short
edgeX QQQUSDC	+0.0496%	4h	743.85	−0.028%	$761K	$336K	20x	as long as short