Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.007%
Price spread now: Bybit against Coinbase International+0.084%7-day average +0.082% · you sell dearer than you buy
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$270.268% of the position
Funding, last 7 days−0.195%−$20 on $10k
+Price spread, last 4 days (all we have)−0.108%−$11 · spread now +0.084%, 7d avg +0.082%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International QQQ-PERP-INTX | 742.10 | 0 | get 0.0000% / 1h | 47m 38s | $1.2M | $538K | 20x |
| Short | Bybit QQQUSDT | 742.72 | 0 | get 0.0000% / 8h | 2h 47m | $10.7M | $5.1M | 50x |
Coinbase International QQQ-PERP-INTX
Bybit QQQUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: +0.084% → +0.082%
- $0.17
- Slippage, 4 orders
- −$5.81
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$26.64
- Costs to cover
- 0.268%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 6 min ago; Bybit: live order book, 6 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, 6 min ago | 0.07 bp | 5.9 bp −$6 | 7.6 bp −$76 | 32.9 bp −$3,292 | doesn't fit |
| Sell Bybit live order book, 6 min ago | 0.07 bp | 7.0 bp −$7 | 8.7 bp −$87 | 59.2 bp −$5,923 | 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 −0.0144% / S +0.0239% | 1h | 742.63 | +0.072% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0005% | 1h | 741.73 | −0.050% | $4.2M | $1.8M | 20x | as long as short |
| BloFin QQQ-USDT | −0.0003% | 8h | 742.40 | +0.040% | $1.1M | $246K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 742.55 | +0.060% | $824K | $857K | 20x | as long as short |
| Binance QQQUSDT | 0.0000% | 8h | 742.60 | +0.067% | $69.8M | $143.0M | 25x | as long as short |
| Bybit QQQUSDTshort | 0.0000% | 8h | 742.72 | +0.084% | $10.7M | $5.1M | 50x | |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 742.40 | +0.040% | $21.6M | $27.8M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 742.58 | +0.065% | $5.4M | $7.2M | 25x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 741.91 | −0.026% | $3.3M | $21.3M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 742.70 | +0.081% | $16.6M | $5.7M | 20x | as long as short |
GMX QQQ/USD [ETH-USDC]
Ondo Perps QQQ-USD.P
BloFin QQQ-USDT
Aster QQQUSDT
Binance QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Gate QQQ_USDT
Bitget QQQUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni QQQ | 0.0000% | 8h | 742.62 | +0.069% | $17.1M | $7.2M | — | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 743.11 | +0.136% | $2K | $1.9M | 10x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | 0.0000% | 1h | 742.30 | +0.027% | $424K | $151K | 20x | as long as short |
| Coinbase International QQQ-PERP-INTXlong | 0.0000% | 1h | 742.10 | long leg | $1.2M | $538K | 20x | |
| HTX QQQ-USDT | 0.0000% | 8h | 742.63 | +0.071% | $252K | $38K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 742.74 | +0.086% | $359K | $1.6M | 10x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 742.47 | +0.050% | $7.7M | $15.5M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 742.81 | +0.096% | $36.9M | $78.3M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 741.73 | −0.050% | $702K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 743.52 | +0.191% | — | $337K | 50x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0077% | 8h | 742.85 | +0.101% | $319K | $1.9M | 10x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 742.26 | +0.022% | $3.4M | $349K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 742.32 | +0.030% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 742.33 | +0.031% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 741.85 | −0.033% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0121% | 1h | 742.20 | +0.014% | $1.5M | $761K | 20x | as long as short |
| Phoenix QQQ | +0.0129% | 1h | 742.29 | +0.026% | $38K | $66K | 20x | as long as short |
| edgeX QQQUSDC | +0.0971% | 4h | 742.47 | +0.050% | $759K | $336K | 20x | as long as short |
Variational Omni QQQ
SunX QQQ-USDT
Deribit QQQ_USDC-PERPETUAL
HTX QQQ-USDT
Phemex QQQUSDT
Lighter QQQ
Lighter RH QQQ
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
edgeX QQQUSDC