Funding you earn now, next payment 08:00 UTC+0.0076%/8h= +8.3% APRpaid last 24h +0.023%
Price spread now: Orderly against Coinbase International+0.041%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Orderly is 0.041% dearer against Coinbase International than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International QQQ-PERP-INTX | 739.68 | 0.0024 | pay 0.0003% / 1h | 36m 13s | $1.2M | $493K | 20x |
| Short | Orderly PERP_QQQ_USDC_mythos | 739.98 | 0.0100 | get 0.0100% / 8h | 7h 36m | $12K | $21K | 20x |
Coinbase International QQQ-PERP-INTX
Orderly PERP_QQQ_USDC_mythosFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- $15.96
- Price spread: +0.041% → 0.000%
- $4.06
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $4.02
- Costs to cover
- 0.160%
- Break-even
- 5.2 days
Slippage unknown: Coinbase International: live order book, 2 min ago; Orderly: no order-book sample. Net counts fees only.
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 | 5.4 bp −$5 | 7.1 bp −$71 | 36.1 bp −$3,610 | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 −0.0184% / S +0.0270% | 1h | 740.23 | +0.074% | $25K | — | 26x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 740.31 | +0.085% | $822K | $865K | 20x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 740.06 | +0.051% | $21.6M | $28.2M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 739.96 | +0.038% | $5.4M | $5.7M | 25x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 739.61 | −0.009% | $3.4M | $20.6M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 740.23 | +0.074% | $16.5M | $5.1M | 20x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 740.55 | +0.118% | $1K | $1.7M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 740.70 | +0.138% | $250K | $41K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 740.52 | +0.114% | $365K | $1.6M | 10x | as long as short |
| Variational Omni QQQ | +0.0001% | 8h | 740.33 | +0.088% | $16.7M | $7.2M | — | as long as short |
GMX QQQ/USD [ETH-USDC]
Aster QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Gate QQQ_USDT
Bitget QQQUSDT
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDT
Variational Omni QQQShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin QQQ-USDT | +0.0006% | 8h | 740.22 | +0.073% | $1.1M | $274K | 20x | as long as short |
| edgeX QQQUSDC | +0.0010% | 4h | 740.44 | +0.103% | $757K | $335K | 20x | as long as short |
| Coinbase International QQQ-PERP-INTXlong | +0.0024% | 1h | 739.68 | long leg | $1.2M | $493K | 20x | |
| Bybit QQQUSDT | +0.0025% | 8h | 740.37 | +0.093% | $10.7M | $5.0M | 50x | as long as short |
| Binance QQQUSDT | +0.0031% | 8h | 740.31 | +0.086% | $70.0M | $139.7M | 25x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 740.03 | +0.047% | $7.6M | $15.2M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 740.39 | +0.096% | $37.5M | $79.5M | 50x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0034% | 1h | 739.99 | +0.042% | $423K | $158K | 20x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 739.28 | −0.054% | $646K | $1.7M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 741.05 | +0.185% | — | $337K | 50x | as long as short |
| Ondo Perps QQQ-USD.P | +0.0050% | 1h | 739.24 | −0.059% | $4.2M | $1.8M | 20x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 739.88 | +0.027% | $3.4M | $380K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 739.90 | +0.030% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythosshort | +0.0100% | 8h | 739.98 | +0.041% | $12K | $21K | 20x | |
| Aevo QQQ-PERP | +0.0104% | 1h | 739.42 | −0.035% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0150% | 1h | 739.81 | +0.018% | $1.6M | $742K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0184% | 8h | 740.55 | +0.118% | $326K | $2.0M | 10x | as long as short |
| Phoenix QQQ | +0.0248% | 1h | 740.22 | +0.073% | $38K | $65K | 20x | as long as short |
BloFin QQQ-USDT
edgeX QQQUSDC
Bybit QQQUSDT
Binance QQQUSDT
Lighter QQQ
Lighter RH QQQ
Deribit QQQ_USDC-PERPETUAL
Arcus QQQ-USD
Vest QQQ-USD-PERP
Ondo Perps QQQ-USD.P
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Aevo QQQ-PERP
Nado QQQ-PERP
GRVT QQQ_USDT_Perp
Phoenix QQQ