QQQ

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0109%/8h= −11.9% APRnext payment −$1.09 per $10,000 · paid last 24h −0.019%

Price spread now: Bybit against Bitget+0.030%7-day average −0.013% · you sell dearer than you buy

Net, funding: paid 7d − costs−$34as in the Funding arb table

Net, price: spread back to 7d avg − costs−$22as in the Price arb table

costs, in and out, $10k−$260.262% of the position

Long on Bitget Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.078%−$8 on $10k

Price spread, last 7 days−0.037%−$4 · spread now +0.030%, 7d avg −0.013%

Together, before fees−0.114%−$11 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bybit is 0.043% dearer against Bitget than usual: you sell high and buy low (spread +0.030% now, against its 7-day average of −0.013%): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 32 hours. At the pace of the last 7 days (−0.078% in total) that is about 3.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget QQQUSDT	742.87	0.0192	pay 0.0192% / 8h	1h 04m	$16.9M	$7.0M	20x
Short	Bybit QQQUSDT	743.09	0.0083	get 0.0083% / 8h	1h 04m	$10.7M	$5.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Bitget. 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 BitgetbpFee BybitbpOrdersPrice spread, now +0.030%Rate

Funding earned: −$22.83
Price spread: +0.030% → −0.013%: $4.29
Slippage, 4 orders: −$3.18
Fee Bitget: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$44.72
Costs to cover: 0.262%
Break-even: never at this rate

Slippage from Bitget: live order book, 9 min ago; Bybit: live order book, 8 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 Bitget live order book, 9 min ago	0.07 bp	6.1 bp −$6	8.6 bp −$86	12.5 bp −$1,254	doesn't fit
Sell Bybit live order book, 8 min ago	0.07 bp	7.4 bp −$7	10.1 bp −$101	50.7 bp −$5,071	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 −0.0066% / S +0.0178%	1h	743.09	+0.029%	$25K	—	26x	as long as short
Ondo Perps QQQ-USD.P	−0.0036%	1h	742.00	−0.117%	$4.2M	$2.1M	20x	as long as short
BloFin QQQ-USDT	−0.0016%	8h	742.23	−0.086%	$1.0M	$468K	20x	as long as short
Aster QQQUSDT	0.0000%	8h	742.71	−0.022%	$841K	$780K	20x	as long as short
OKX QQQ-USDT-SWAP	0.0000%	8h	742.82	−0.007%	$21.5M	$27.7M	50x	as long as short
Gate QQQ_USDT	0.0000%	8h	742.61	−0.035%	$3.1M	$32.9M	50x	as long as short
SunX QQQ-USDT	0.0000%	8h	743.46	+0.079%	$2K	$2.3M	10x	as long as short
HTX QQQ-USDT	0.0000%	8h	743.12	+0.034%	$257K	$26K	30x	as long as short
Phemex QQQUSDT	0.0000%	8h	743.21	+0.046%	$359K	$1.4M	10x	as long as short
Lighter RH QQQ	+0.0032%	1h	743.19	+0.043%	$37.7M	$82.0M	50x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni QQQ	+0.0036%	8h	742.77	−0.013%	$17.6M	$10.3M	—	as long as short
Lighter QQQ	+0.0040%	1h	742.90	+0.004%	$7.7M	$21.6M	30x	as long as short
Arcus QQQ-USD	+0.0040%	1h	742.14	−0.098%	$737K	$1.4M	25x	as long as short
Vest QQQ-USD-PERP	+0.0046%	1h	743.42	+0.074%	—	$621K	50x	as long as short
Binance QQQUSDT	+0.0070%	8h	743.07	+0.026%	$70.7M	$160.7M	25x	as long as short
Bybit QQQUSDTshort	+0.0083%	8h	743.09	+0.030%	$10.7M	$5.4M	50x
Coinbase International QQQ-PERP-INTX	+0.0088%	1h	742.43	−0.059%	$1.2M	$868K	20x	as long as short
KuCoin QQQUSDTM	+0.0100%	8h	742.47	−0.054%	$3.4M	$429K	20x	as long as short
ApeX Omni QQQUSDT	+0.0100%	1h	742.27	−0.081%	$20K	$2.2M	50x	as long as short
Orderly PERP_QQQ_USDC_mythos	+0.0100%	8h	742.37	−0.067%	$12K	$21K	20x	as long as short
Aevo QQQ-PERP	+0.0104%	1h	742.30	−0.077%	$92K	$1K	10x	as long as short
Deribit QQQ_USDC-PERPETUAL	+0.0127%	1h	742.71	−0.022%	$424K	$227K	20x	as long as short
Nado QQQ-PERP	+0.0161%	1h	742.47	−0.054%	$1.5M	$1.3M	20x	as long as short
GRVT QQQ_USDT_Perp	+0.0171%	8h	742.97	+0.013%	$319K	$1.8M	10x	as long as short
Bitget QQQUSDTlong	+0.0192%	8h	742.87	long leg	$16.9M	$7.0M	20x
Phoenix QQQ	+0.0259%	1h	742.27	−0.081%	$38K	$73K	20x	as long as short
RISEx QQQ/USDC	+0.0315%	1h	743.00	+0.017%	$5.3M	$9.0M	25x	as long as short
edgeX QQQUSDC	+0.0315%	4h	742.72	−0.020%	$759K	$336K	20x	as long as short