Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.019%
Price spread now: Binance against Coinbase International+0.058%7-day average +0.057% · you sell dearer than you buy
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$220.219% of the position
Funding, last 7 days−0.267%−$27 on $10k
+Price spread, last 4 days (all we have)−0.080%−$8 · spread now +0.058%, 7d avg +0.057%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International QQQ-PERP-INTX | 741.54 | 0 | get 0.0000% / 1h | 26m 06s | $1.2M | $539K | 20x |
| Short | Binance QQQUSDT | 741.97 | 0 | get 0.0000% / 8h | 2h 26m | $69.9M | $143.8M | 25x |
Coinbase International QQQ-PERP-INTX
Binance QQQUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Coinbase International. 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: +0.058% → +0.057%
- $0.09
- Slippage, 4 orders
- −$1.87
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$21.78
- Costs to cover
- 0.219%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 2 min ago; Binance: 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 Coinbase International live order book, 2 min ago | 0.07 bp | 6.0 bp −$6 | 7.7 bp −$77 | 36.8 bp −$3,676 | doesn't fit |
| Sell Binance live order book, 2 min ago | 0.07 bp | 5.1 bp −$5 | 5.5 bp −$55 | 11.0 bp −$1,103 | 29.0 bp −$14.5K |
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 −0.0149% / S +0.0243% | 1h | 742.01 | +0.064% | $25K | — | 26x | as long as short |
| BloFin QQQ-USDT | −0.0019% | 8h | 741.68 | +0.019% | $1.1M | $267K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 741.96 | +0.056% | $823K | $857K | 20x | as long as short |
| Binance QQQUSDTshort | 0.0000% | 8h | 741.97 | +0.058% | $69.9M | $143.8M | 25x | |
| Bybit QQQUSDT | 0.0000% | 8h | 741.88 | +0.046% | $10.6M | $5.1M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 741.73 | +0.026% | $21.6M | $28.0M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 741.89 | +0.047% | $5.4M | $7.0M | 25x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 741.30 | −0.032% | $3.3M | $21.3M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 742.06 | +0.070% | $16.6M | $5.7M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 741.86 | +0.044% | $16.9M | $7.3M | — | as long as short |
GMX QQQ/USD [ETH-USDC]
BloFin QQQ-USDT
Aster QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Gate QQQ_USDT
Bitget QQQUSDT
Variational Omni QQQShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX QQQ-USDT | 0.0000% | 8h | 742.50 | +0.129% | $2K | $1.8M | 10x | as long as short |
| Coinbase International QQQ-PERP-INTXlong | 0.0000% | 1h | 741.54 | long leg | $1.2M | $539K | 20x | |
| HTX QQQ-USDT | 0.0000% | 8h | 742.18 | +0.086% | $250K | $41K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 742.24 | +0.094% | $361K | $1.6M | 10x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 741.79 | +0.034% | $7.7M | $15.6M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 742.21 | +0.090% | $36.8M | $79.9M | 50x | as long as short |
| Ondo Perps QQQ-USD.P | +0.0033% | 1h | 740.81 | −0.098% | $4.2M | $1.8M | 20x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 740.98 | −0.076% | $689K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 742.95 | +0.190% | — | $337K | 50x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0082% | 8h | 742.19 | +0.088% | $320K | $2.0M | 10x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 741.65 | +0.015% | $3.4M | $356K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 741.65 | +0.015% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 741.68 | +0.019% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 741.15 | −0.053% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0125% | 1h | 741.58 | +0.005% | $1.5M | $765K | 20x | as long as short |
| Phoenix QQQ | +0.0129% | 1h | 741.77 | +0.031% | $38K | $66K | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0182% | 1h | 741.75 | +0.028% | $424K | $152K | 20x | as long as short |
| edgeX QQQUSDC | +0.0286% | 4h | 742.09 | +0.074% | $759K | $336K | 20x | as long as short |
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDT
Lighter QQQ
Lighter RH QQQ
Ondo Perps QQQ-USD.P
Arcus QQQ-USD
Vest QQQ-USD-PERP
GRVT QQQ_USDT_Perp
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Nado QQQ-PERP
Phoenix QQQ
Deribit QQQ_USDC-PERPETUAL
edgeX QQQUSDC