QQQ

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0002%/8h= +0.2% APRpaid last 24h +0.012%

Price spread now: Binance against Deribit+0.035%7-day average +0.045% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$21as in the Price arb table

costs, in and out, $10k−$200.197% of the position

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.173%−$17 on $10k

Price spread, last 2 days (all we have)+0.030%+$3 · spread now +0.035%, 7d avg +0.045%

Together, before fees−0.143%−$14 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit QQQ_USDC-PERPETUAL	743.91	0.0086	pay 0.0011% / 1h	37m 59s	$425K	$148K	20x
Short	Binance QQQUSDT	744.17	0.0088	get 0.0088% / 8h	6h 37m	$71.1M	$147.6M	25x

Funding history

latest

Range statsloading…

Binance against Deribit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Position, each leg$Hold fordaysFee DeribitbpFee BinancebpOrdersPrice spread, now +0.035%Rate

Slippage from Deribit: live order book, 31 min ago; Binance: live order book, 5 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Deribit live order book, 31 min ago	0.07 bp	3.6 bp −$4	3.8 bp −$38	doesn't fit	doesn't fit
Sell Binance live order book, 5 min ago	0.07 bp	5.1 bp −$5	5.7 bp −$57	10.4 bp −$1,043	27.2 bp −$13.6K

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
Ondo Perps QQQ-USD.P	−0.0172%	1h	743.00	−0.122%	$4.2M	$1.9M	20x	as long as short
GMX QQQ/USD [ETH-USDC]	L −0.0096% / S +0.0202%	1h	744.12	+0.028%	$25K	—	26x	as long as short
Bybit QQQUSDT	0.0000%	8h	744.07	+0.022%	$10.7M	$5.0M	50x	as long as short
OKX QQQ-USDT-SWAP	0.0000%	8h	743.94	+0.004%	$21.5M	$25.5M	50x	as long as short
Gate QQQ_USDT	0.0000%	8h	743.86	−0.007%	$3.2M	$21.5M	50x	as long as short
SunX QQQ-USDT	0.0000%	8h	744.57	+0.089%	$2K	$2.1M	10x	as long as short
HTX QQQ-USDT	0.0000%	8h	744.32	+0.055%	$257K	$29K	30x	as long as short
Phemex QQQUSDT	0.0000%	8h	744.38	+0.063%	$359K	$1.4M	10x	as long as short
Aster QQQUSDT	+0.0011%	8h	744.15	+0.032%	$841K	$712K	20x	as long as short
BloFin QQQ-USDT	+0.0026%	8h	744.31	+0.054%	$1.1M	$319K	20x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter QQQ	+0.0032%	1h	743.92	+0.001%	$7.7M	$17.7M	30x	as long as short
Lighter RH QQQ	+0.0032%	1h	744.34	+0.058%	$37.4M	$79.6M	50x	as long as short
Arcus QQQ-USD	+0.0040%	1h	743.18	−0.098%	$703K	$1.6M	25x	as long as short
Vest QQQ-USD-PERP	+0.0046%	1h	745.08	+0.157%	—	$356K	50x	as long as short
Coinbase International QQQ-PERP-INTX	+0.0048%	1h	744.05	+0.019%	$1.2M	$538K	20x	as long as short
Variational Omni QQQ	+0.0065%	8h	744.04	+0.017%	$17.1M	$7.6M	—	as long as short
Bitget QQQUSDT	+0.0078%	8h	744.15	+0.032%	$16.9M	$5.9M	20x	as long as short
Deribit QQQ_USDC-PERPETUALlong	+0.0086%	1h	743.91	long leg	$425K	$148K	20x
Binance QQQUSDTshort	+0.0088%	8h	744.17	+0.035%	$71.1M	$147.6M	25x
KuCoin QQQUSDTM	+0.0100%	8h	743.89	−0.003%	$3.4M	$406K	20x	as long as short
ApeX Omni QQQUSDT	+0.0100%	1h	743.76	−0.020%	$20K	$2.2M	50x	as long as short
Orderly PERP_QQQ_USDC_mythos	+0.0100%	8h	743.87	−0.005%	$12K	$21K	20x	as long as short
Aevo QQQ-PERP	+0.0104%	1h	743.34	−0.076%	$93K	$1K	10x	as long as short
Nado QQQ-PERP	+0.0121%	1h	743.74	−0.023%	$1.5M	$1.0M	20x	as long as short
RISEx QQQ/USDC	+0.0168%	1h	744.10	+0.025%	$5.4M	$8.2M	25x	as long as short
Phoenix QQQ	+0.0183%	1h	743.78	−0.017%	$38K	$66K	20x	as long as short
GRVT QQQ_USDT_Perp	+0.0241%	8h	744.31	+0.054%	$318K	$1.8M	10x	as long as short
edgeX QQQUSDC	+0.0480%	4h	744.13	+0.030%	$761K	$333K	20x	as long as short