QQQ

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0042%/8h= −4.6% APRnext payment −$0.42 per $10,000 · paid last 24h −0.026%

Price spread now: Gate against Binance−0.079%7-day average −0.018% · you buy dearer than you sell

Net, funding: paid 7d − costs−$28as in the Funding arb table

Net, price: spread back to 7d avg − costs−$37as in the Price arb table

costs, in and out, $10k−$310.305% of the position

Long on Binance Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.021%+$2 on $10k

Price spread, last 7 days+0.092%+$9 · spread now −0.079%, 7d avg −0.018%

Together, before fees+0.112%+$11 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Gate is 0.061% cheaper against Binance than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.018%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance QQQUSDT	744.49	0.0042	pay 0.0042% / 8h	4h 38m	$71.1M	$141.8M	25x
Short	Gate QQQ_USDT	743.90	0	get 0.0000% / 8h	4h 38m	$3.3M	$20.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.079%Rate

Funding earned: −$8.77
Price spread: −0.079% → −0.018%: −$6.13
Slippage, 4 orders: −$5.51
Fee Binance: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$45.41
Costs to cover: 0.305%
Break-even: never at this rate

Slippage from Binance: live order book, 5 min ago; Gate: live order book, 5 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, 5 min ago	0.07 bp	5.1 bp −$5	5.2 bp −$52	8.9 bp −$886	24.6 bp −$12.3K
Sell Gate live order book, 5 min ago	0.20 bp	8.8 bp −$9	11.8 bp −$118	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
Ondo Perps QQQ-USD.P	−0.0131%	1h	742.94	−0.208%	$4.2M	$1.8M	20x	as long as short
GMX QQQ/USD [ETH-USDC]	L −0.0121% / S +0.0221%	1h	744.50	+0.001%	$25K	—	26x	as long as short
Aster QQQUSDT	0.0000%	8h	744.49	0.000%	$841K	$714K	20x	as long as short
Bybit QQQUSDT	0.0000%	8h	744.41	−0.011%	$10.7M	$5.0M	50x	as long as short
OKX QQQ-USDT-SWAP	0.0000%	8h	744.29	−0.027%	$21.5M	$26.9M	50x	as long as short
RISEx QQQ/USDC	0.0000%	1h	744.54	+0.007%	$5.4M	$7.5M	25x	as long as short
Gate QQQ_USDTshort	0.0000%	8h	743.90	−0.079%	$3.3M	$20.8M	50x
Bitget QQQUSDT	0.0000%	8h	744.59	+0.013%	$16.9M	$5.7M	20x	as long as short
SunX QQQ-USDT	0.0000%	8h	744.95	+0.062%	$2K	$1.9M	10x	as long as short
HTX QQQ-USDT	0.0000%	8h	744.70	+0.028%	$257K	$29K	30x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex QQQUSDT	0.0000%	8h	744.65	+0.021%	$360K	$1.5M	10x	as long as short
Variational Omni QQQ	+0.0006%	8h	744.39	−0.014%	$17.1M	$7.5M	—	as long as short
BloFin QQQ-USDT	+0.0008%	8h	744.29	−0.027%	$1.1M	$271K	20x	as long as short
Coinbase International QQQ-PERP-INTX	+0.0008%	1h	743.96	−0.071%	$1.2M	$536K	20x	as long as short
Lighter QQQ	+0.0032%	1h	744.29	−0.027%	$7.7M	$16.3M	30x	as long as short
Arcus QQQ-USD	+0.0040%	1h	743.69	−0.107%	$702K	$1.6M	25x	as long as short
Binance QQQUSDTlong	+0.0042%	8h	744.49	long leg	$71.1M	$141.8M	25x
Vest QQQ-USD-PERP	+0.0046%	1h	745.46	+0.130%	—	$337K	50x	as long as short
Lighter RH QQQ	+0.0048%	1h	744.79	+0.040%	$36.9M	$78.9M	50x	as long as short
Nado QQQ-PERP	+0.0098%	1h	744.18	−0.041%	$1.5M	$876K	20x	as long as short
KuCoin QQQUSDTM	+0.0100%	8h	744.13	−0.048%	$3.4M	$390K	20x	as long as short
ApeX Omni QQQUSDT	+0.0100%	1h	744.20	−0.039%	$20K	$2.2M	50x	as long as short
Orderly PERP_QQQ_USDC_mythos	+0.0100%	8h	744.22	−0.036%	$12K	$21K	20x	as long as short
Aevo QQQ-PERP	+0.0104%	1h	743.67	−0.110%	$93K	$1K	10x	as long as short
GRVT QQQ_USDT_Perp	+0.0114%	8h	744.62	+0.017%	$319K	$1.9M	10x	as long as short
Phoenix QQQ	+0.0129%	1h	744.09	−0.054%	$38K	$66K	20x	as long as short
Deribit QQQ_USDC-PERPETUAL	+0.0207%	1h	744.41	−0.011%	$425K	$149K	20x	as long as short
edgeX QQQUSDC	+0.0728%	4h	744.46	−0.004%	$761K	$333K	20x	as long as short