Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.040%
Price spread now: Gate against Bitget−0.109%7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$340.339% of the position
Funding, last 7 days−0.130%−$13 on $10k
+Price spread, last 7 days+0.123%+$12 · spread now −0.109%, 7d avg −0.039%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.070% cheaper against Bitget than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.039%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget QQQUSDT | 743.35 | 0 | get 0.0000% / 8h | 3h 21m | $16.9M | $5.5M | 20x |
| Short | Gate QQQ_USDT | 742.54 | 0 | get 0.0000% / 8h | 3h 21m | $3.3M | $21.2M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bitget. 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
- $0
- Price spread: −0.109% → −0.039%
- −$6.97
- Slippage, 4 orders
- −$6.88
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$40.85
- Costs to cover
- 0.339%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 2 min ago; Gate: 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 Bitget live order book, 2 min ago | 0.07 bp | 6.6 bp −$7 | 8.8 bp −$88 | 12.8 bp −$1,285 | doesn't fit |
| Sell Gate live order book, 2 min ago | 0.88 bp | 9.3 bp −$9 | 14.4 bp −$144 | 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 −0.0137% / S +0.0234% | 1h | 743.13 | −0.030% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0037% | 1h | 741.81 | −0.207% | $4.2M | $1.8M | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 743.13 | −0.030% | $840K | $857K | 20x | as long as short |
| Binance QQQUSDT | 0.0000% | 8h | 743.26 | −0.012% | $70.5M | $142.2M | 25x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 743.20 | −0.020% | $10.7M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 743.03 | −0.043% | $21.5M | $27.2M | 50x | as long as short |
| Gate QQQ_USDTshort | 0.0000% | 8h | 742.54 | −0.109% | $3.3M | $21.2M | 50x | |
| Bitget QQQUSDTlong | 0.0000% | 8h | 743.35 | long leg | $16.9M | $5.5M | 20x | |
| Variational Omni QQQ | 0.0000% | 8h | 743.08 | −0.037% | $17.1M | $7.3M | — | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 743.48 | +0.017% | $2K | $1.9M | 10x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International QQQ-PERP-INTX | 0.0000% | 1h | 742.64 | −0.096% | $1.2M | $537K | 20x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 743.17 | −0.024% | $257K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 743.29 | −0.008% | $363K | $1.6M | 10x | as long as short |
| RISEx QQQ/USDC | +0.0010% | 1h | 743.30 | −0.006% | $5.4M | $7.3M | 25x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0019% | 1h | 742.86 | −0.066% | $424K | $151K | 20x | as long as short |
| BloFin QQQ-USDT | +0.0028% | 8h | 743.11 | −0.032% | $1.1M | $256K | 20x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 743.07 | −0.038% | $7.7M | $15.8M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 743.46 | +0.015% | $37.0M | $79.3M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 742.29 | −0.143% | $704K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 744.15 | +0.108% | — | $337K | 50x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0067% | 8h | 743.31 | −0.006% | $321K | $1.9M | 10x | as long as short |
| Nado QQQ-PERP | +0.0078% | 1h | 742.86 | −0.065% | $1.5M | $746K | 20x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 742.94 | −0.055% | $3.4M | $340K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 742.74 | −0.082% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 742.85 | −0.067% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 742.21 | −0.153% | $92K | $1K | 10x | as long as short |
| Phoenix QQQ | +0.0118% | 1h | 742.68 | −0.090% | $38K | $66K | 20x | as long as short |
| edgeX QQQUSDC | +0.0448% | 4h | 742.90 | −0.060% | $760K | $335K | 20x | as long as short |
Bitget QQQUSDT
Gate QQQ_USDT
GMX QQQ/USD [ETH-USDC]
Aster QQQUSDT
Binance QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
Variational Omni QQQ
SunX QQQ-USDT
Coinbase International QQQ-PERP-INTX
HTX QQQ-USDT
Phemex QQQUSDT
RISEx QQQ/USDC
Deribit QQQ_USDC-PERPETUAL
BloFin QQQ-USDT
Lighter QQQ
Lighter RH QQQ
GRVT QQQ_USDT_Perp
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Phoenix QQQ
edgeX QQQUSDC