Funding you earn now, next payment 08:00 UTC−0.0003%/8h= −0.3% APRnext payment −$0.03 per $10,000 · paid last 24h +0.014%
Price spread now: Bitget against BloFin+0.013%65s7-day average +0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$260.258% of the position
Funding, last 7 days+0.252%+$25 on $10k
+Price spread, last 4 days (all we have)−0.033%−$3 · spread now +0.013%, 7d avg +0.041%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.028% cheaper against BloFin than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.041%. The two prices were read 65 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 | BloFin QQQ-USDT | 741.78 | 0.0003 | pay 0.0003% / 8h | 56m 04s | $1.1M | $270K | 20x |
| Short | Bitget QQQUSDT | 741.88 | 0 | get 0.0000% / 8h | 56m 04s | $16.5M | $5.5M | 20x |
BloFin QQQ-USDT
Bitget QQQUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against BloFin. 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
- −$0.65
- Price spread: +0.013% → +0.041%
- −$2.79
- Slippage, 4 orders
- −$1.78
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$29.23
- Costs to cover
- 0.258%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 1 min ago; Bitget: live order book, 3 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 BloFin live order book, 1 min ago | 0.07 bp | 6.9 bp −$7 | 7.6 bp −$76 | 12.0 bp −$1,205 | doesn't fit |
| Sell Bitget live order book, 3 min ago | 0.07 bp | 6.3 bp −$6 | 8.3 bp −$83 | 12.9 bp −$1,293 | 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 −0.0167% / S +0.0257% | 1h | 741.83 | +0.006% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0097% | 1h | 740.46 | −0.178% | $4.2M | $1.8M | 20x | as long as short |
| Gate QQQ_USDT | −0.0064% | 8h | 741.21 | −0.077% | $3.3M | $21.5M | 50x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 741.83 | +0.007% | $823K | $858K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 741.80 | +0.003% | $10.5M | $5.2M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 741.58 | −0.027% | $21.5M | $28.2M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 741.48 | −0.041% | $5.4M | $6.3M | 25x | as long as short |
| Bitget QQQUSDTshort | 0.0000% | 8h | 741.88 | +0.013% | $16.5M | $5.5M | 20x | |
| Variational Omni QQQ | 0.0000% | 8h | 741.94 | +0.021% | $16.9M | $7.3M | — | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 742.49 | +0.096% | $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
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 | 741.47 | −0.042% | $424K | $155K | 20x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 742.08 | +0.040% | $251K | $41K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 741.97 | +0.026% | $365K | $1.6M | 10x | as long as short |
| BloFin QQQ-USDTlong | +0.0003% | 8h | 741.78 | long leg | $1.1M | $270K | 20x | |
| Binance QQQUSDT | +0.0004% | 8h | 741.82 | +0.005% | $70.0M | $143.3M | 25x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0016% | 1h | 741.33 | −0.061% | $1.2M | $486K | 20x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 741.62 | −0.022% | $7.7M | $15.2M | 30x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 741.03 | −0.101% | $686K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 742.75 | +0.131% | — | $337K | 50x | as long as short |
| Lighter RH QQQ | +0.0048% | 1h | 741.95 | +0.023% | $37.1M | $79.6M | 50x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 741.41 | −0.050% | $3.4M | $356K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 741.56 | −0.030% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 741.54 | −0.032% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 741.04 | −0.099% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0115% | 1h | 741.29 | −0.066% | $1.6M | $760K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0120% | 8h | 742.18 | +0.053% | $314K | $2.0M | 10x | as long as short |
| Phoenix QQQ | +0.0205% | 1h | 741.30 | −0.065% | $38K | $65K | 20x | as long as short |
| edgeX QQQUSDC | +0.0604% | 4h | 741.87 | +0.012% | $759K | $334K | 20x | as long as short |
Deribit QQQ_USDC-PERPETUAL
HTX QQQ-USDT
Phemex QQQUSDT
Binance QQQUSDT
Coinbase International QQQ-PERP-INTX
Lighter QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
Lighter RH QQQ
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Nado QQQ-PERP
GRVT QQQ_USDT_Perp
Phoenix QQQ
edgeX QQQUSDC