Funding you earn now, next payment 16:00 UTC+0.0107%/8h= +11.7% APRnext payment +$1.07 per $10,000 · paid last 24h +0.015%
Price spread now: KuCoin against BloFin−0.040%110s7-day average −0.030% · you buy dearer than you sell
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−$320.319% of the position
Funding, last 7 days+0.328%+$33 on $10k
+Price spread, last 4 days (all we have)−0.048%−$5 · spread now −0.040%, 7d avg −0.030%
=The price spread sits at its 7-day average of −0.030%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. The two prices were read 110 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 | 742.97 | −0.0007 | get 0.0007% / 8h | 5h 41m | $1.1M | $237K | 20x |
| Short | KuCoin QQQUSDTM | 742.67 | 0.0100 | get 0.0100% / 8h | 5h 41m | $3.4M | $472K | 20x |
BloFin QQQ-USDT
KuCoin QQQUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $22.5
- Price spread: −0.040% → −0.030%
- −$1
- Slippage, 4 orders
- −$7.9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$10.41
- Costs to cover
- 0.319%
- Break-even
- 10.2 days
Slippage from BloFin: live order book, 4 min ago; KuCoin: live order book, 4 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, 4 min ago | 0.14 bp | 6.1 bp −$6 | 7.0 bp −$70 | 12.4 bp −$1,241 | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 1.28 bp | 11.8 bp −$12 | 99.7 bp −$997 | doesn't fit | doesn't fit |
QQQ on 28 exchanges
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 −0.0203% / S +0.0285% | 1h | 743.13 | +0.022% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0146% | 1h | 740.96 | −0.271% | $4.2M | $1.8M | 20x | as long as short |
| BloFin QQQ-USDTlong | −0.0007% | 8h | 742.97 | long leg | $1.1M | $237K | 20x | |
| Aster QQQUSDT | 0.0000% | 8h | 743.10 | +0.018% | $856K | $903K | 20x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 742.91 | −0.008% | $21.8M | $30.3M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 742.89 | −0.011% | $5.4M | $5.7M | 25x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 742.60 | −0.050% | $3.5M | $19.8M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 743.03 | +0.008% | $17.0M | $5.9M | 20x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 743.62 | +0.087% | $2K | $1.5M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 743.27 | +0.040% | $247K | $45K | 30x | as long as short |
GMX QQQ/USD [ETH-USDC]
Ondo Perps QQQ-USD.P
Aster QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Gate QQQ_USDT
Bitget QQQUSDT
SunX QQQ-USDT
HTX QQQ-USDTShow all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex QQQUSDT | 0.0000% | 8h | 743.42 | +0.061% | $361K | $1.6M | 10x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 742.53 | −0.059% | $7.3M | $15.7M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 743.14 | +0.023% | $38.7M | $77.1M | 50x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0032% | 1h | 742.87 | −0.013% | $1.2M | $541K | 20x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 741.93 | −0.140% | $659K | $1.4M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 743.87 | +0.121% | — | $337K | 50x | as long as short |
| Variational Omni QQQ | +0.0052% | 8h | 742.97 | −0.001% | $16.8M | $6.9M | — | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0060% | 1h | 742.65 | −0.043% | $398K | $108K | 20x | as long as short |
| Bybit QQQUSDT | +0.0069% | 8h | 743.13 | +0.022% | $10.5M | $4.9M | 50x | as long as short |
| Binance QQQUSDT | +0.0077% | 8h | 743.16 | +0.026% | $71.7M | $145.8M | 25x | as long as short |
| KuCoin QQQUSDTMshort | +0.0100% | 8h | 742.67 | −0.040% | $3.4M | $472K | 20x | |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 742.56 | −0.055% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 742.79 | −0.024% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 742.27 | −0.094% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0136% | 1h | 742.57 | −0.054% | $1.6M | $770K | 20x | as long as short |
| edgeX QQQUSDC | +0.0190% | 4h | 742.87 | −0.014% | $760K | $337K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0247% | 8h | 743.29 | +0.043% | $318K | $2.1M | 10x | as long as short |
| Phoenix QQQ | +0.0302% | 1h | 742.33 | −0.086% | $38K | $59K | 20x | as long as short |
Phemex QQQUSDT
Lighter QQQ
Lighter RH QQQ
Coinbase International QQQ-PERP-INTX
Arcus QQQ-USD
Vest QQQ-USD-PERP
Variational Omni QQQ
Deribit QQQ_USDC-PERPETUAL
Bybit QQQUSDT
Binance QQQUSDT
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Nado QQQ-PERP
edgeX QQQUSDC
GRVT QQQ_USDT_Perp
Phoenix QQQ