Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bybit against Deribit+0.051%7-day average +0.074% · 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−$24as in the Price arb table
costs, in and out, $10k−$210.213% of the position
Funding, last 5 days (all we have)−0.088%−$9 on $10k
+Price spread, last 4 days (all we have)+0.004%$0 · spread now +0.051%, 7d avg +0.074%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.023% cheaper against Deribit than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.074%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit QQQ_USDC-PERPETUAL | 742.31 | 0 | get 0.0000% / 1h | 47m 12s | $424K | $151K | 20x |
| Short | Bybit QQQUSDT | 742.69 | 0 | get 0.0000% / 8h | 2h 47m | $10.7M | $5.1M | 50x |
Deribit QQQ_USDC-PERPETUAL
Bybit QQQUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Deribit. 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: +0.051% → +0.074%
- −$2.32
- Slippage, 4 orders
- −$3.35
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$23.66
- Costs to cover
- 0.213%
- Break-even
- never at this rate
Slippage from Deribit: live order book, 1 min ago; Bybit: live order book, 1 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 Deribit live order book, 1 min ago | 0.07 bp | 3.6 bp −$4 | 5.1 bp −$51 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 0.07 bp | 6.8 bp −$7 | 7.9 bp −$79 | 62.1 bp −$6,214 | 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 | 742.57 | +0.034% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0005% | 1h | 741.73 | −0.078% | $4.2M | $1.8M | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 742.53 | +0.030% | $824K | $857K | 20x | as long as short |
| Binance QQQUSDT | 0.0000% | 8h | 742.56 | +0.034% | $69.8M | $143.0M | 25x | as long as short |
| Bybit QQQUSDTshort | 0.0000% | 8h | 742.69 | +0.051% | $10.7M | $5.1M | 50x | |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 742.27 | −0.005% | $21.6M | $27.8M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 742.58 | +0.036% | $5.4M | $7.2M | 25x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 741.92 | −0.053% | $3.3M | $21.3M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 742.69 | +0.051% | $16.6M | $5.7M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 742.62 | +0.041% | $17.1M | $7.2M | — | as long as short |
GMX QQQ/USD [ETH-USDC]
Ondo Perps QQQ-USD.P
Aster QQQUSDT
Binance 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 | 743.09 | +0.105% | $2K | $1.9M | 10x | as long as short |
| Deribit QQQ_USDC-PERPETUALlong | 0.0000% | 1h | 742.31 | long leg | $424K | $151K | 20x | |
| Coinbase International QQQ-PERP-INTX | 0.0000% | 1h | 742.10 | −0.028% | $1.2M | $538K | 20x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 742.85 | +0.073% | $252K | $38K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 742.83 | +0.070% | $359K | $1.6M | 10x | as long as short |
| BloFin QQQ-USDT | +0.0001% | 8h | 742.26 | −0.007% | $1.1M | $246K | 20x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 742.42 | +0.015% | $7.7M | $15.5M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 742.77 | +0.062% | $36.9M | $78.3M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 741.73 | −0.078% | $702K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 743.52 | +0.163% | — | $337K | 50x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0077% | 8h | 742.85 | +0.072% | $319K | $1.9M | 10x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 742.25 | −0.008% | $3.4M | $349K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 742.32 | +0.001% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 742.28 | −0.004% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 741.77 | −0.073% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0121% | 1h | 742.20 | −0.015% | $1.5M | $761K | 20x | as long as short |
| Phoenix QQQ | +0.0129% | 1h | 742.17 | −0.019% | $38K | $66K | 20x | as long as short |
| edgeX QQQUSDC | +0.0971% | 4h | 742.47 | +0.022% | $759K | $336K | 20x | as long as short |
SunX QQQ-USDT
Coinbase International QQQ-PERP-INTX
HTX QQQ-USDT
Phemex QQQUSDT
BloFin QQQ-USDT
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