Funding you earn now, next payment 04:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.013%
Price spread now: HTX against Deribit+0.077%7-day average +0.080% · 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−$29as in the Price arb table
costs, in and out, $10k−$280.284% of the position
Funding, last 5 days (all we have)−0.107%−$11 on $10k
+Price spread, last 4 days (all we have)−0.099%−$10 · spread now +0.077%, 7d avg +0.080%
=The price spread sits at its 7-day average of +0.080%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit QQQ_USDC-PERPETUAL | 744.06 | 0.0032 | pay 0.0004% / 1h | 8m 31s | $425K | $150K | 20x |
| Short | HTX QQQ-USDT | 744.63 | 0 | get 0.0000% / 8h | 4h 08m | $257K | $29K | 30x |
Deribit QQQ_USDC-PERPETUAL
HTX QQQ-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- −$6.79
- Price spread: +0.077% → +0.080%
- −$0.29
- Slippage, 4 orders
- −$9.36
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$35.44
- Costs to cover
- 0.284%
- Break-even
- never at this rate
Slippage from Deribit: live order book, 50 min ago; HTX: live order book, 48 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, 50 min ago | 0.07 bp | 3.6 bp −$4 | 3.6 bp −$36 | doesn't fit | doesn't fit |
| Sell HTX live order book, 48 min ago | 2.68 bp | 8.7 bp −$9 | 19.4 bp −$194 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps QQQ-USD.P | −0.0129% | 1h | 743.28 | −0.105% | $4.2M | $1.8M | 20x | as long as short |
| GMX QQQ/USD [ETH-USDC] | L −0.0127% / S +0.0226% | 1h | 744.28 | +0.030% | $25K | — | 26x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 744.22 | +0.021% | $841K | $714K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 744.29 | +0.031% | $10.7M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 744.09 | +0.004% | $21.5M | $26.9M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 744.33 | +0.037% | $5.4M | $7.4M | 25x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 743.74 | −0.043% | $3.3M | $20.8M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 744.39 | +0.044% | $16.9M | $5.6M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 744.11 | +0.006% | $17.1M | $7.4M | — | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 744.79 | +0.098% | $2K | $1.9M | 10x | as long as short |
Ondo Perps QQQ-USD.P
GMX QQQ/USD [ETH-USDC]
Aster QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Gate QQQ_USDT
Bitget QQQUSDT
Variational Omni QQQ
SunX QQQ-USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX QQQ-USDTshort | 0.0000% | 8h | 744.63 | +0.077% | $257K | $29K | 30x | |
| Phemex QQQUSDT | 0.0000% | 8h | 744.78 | +0.097% | $360K | $1.5M | 10x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0008% | 1h | 743.80 | −0.035% | $1.2M | $536K | 20x | as long as short |
| BloFin QQQ-USDT | +0.0010% | 8h | 744.09 | +0.004% | $1.1M | $261K | 20x | as long as short |
| Binance QQQUSDT | +0.0024% | 8h | 744.29 | +0.031% | $71.0M | $141.4M | 25x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 744.12 | +0.008% | $7.7M | $16.4M | 30x | as long as short |
| Deribit QQQ_USDC-PERPETUALlong | +0.0032% | 1h | 744.06 | long leg | $425K | $150K | 20x | |
| Arcus QQQ-USD | +0.0040% | 1h | 743.58 | −0.065% | $698K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 745.22 | +0.156% | — | $337K | 50x | as long as short |
| Lighter RH QQQ | +0.0048% | 1h | 744.54 | +0.065% | $37.0M | $79.9M | 50x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0091% | 8h | 744.38 | +0.042% | $316K | $1.9M | 10x | as long as short |
| Nado QQQ-PERP | +0.0095% | 1h | 743.92 | −0.019% | $1.5M | $829K | 20x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 743.90 | −0.022% | $3.4M | $363K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 743.89 | −0.023% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 744.02 | −0.005% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 743.50 | −0.076% | $93K | $1K | 10x | as long as short |
| Phoenix QQQ | +0.0129% | 1h | 743.93 | −0.017% | $38K | $66K | 20x | as long as short |
| edgeX QQQUSDC | +0.0993% | 4h | 744.11 | +0.007% | $761K | $334K | 20x | as long as short |
Phemex QQQUSDT
Coinbase International QQQ-PERP-INTX
BloFin QQQ-USDT
Binance QQQUSDT
Lighter QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
Lighter RH QQQ
GRVT QQQ_USDT_Perp
Nado QQQ-PERP
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Phoenix QQQ
edgeX QQQUSDC