Funding you earn now, next payment 04:00 UTC−0.0576%/8h= −63.1% APRpaid last 24h −0.001%
Price spread now: Aevo against edgeX−0.093%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.070%+$7 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and Aevo is 0.093% cheaper against edgeX than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.070%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.070% in total (about 3.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX QQQUSDC | 744.36 | 0.0680 | pay 0.0340% / 4h | 35m 25s | $761K | $334K | 20x |
| Short | Aevo QQQ-PERP | 743.67 | 0.0104 | get 0.0013% / 1h | 35m 25s | $93K | $1K | 10x |
edgeX QQQUSDC
Aevo QQQ-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against edgeX. 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
- −$120.93
- Price spread: −0.093% → 0.000%
- −$9.34
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$155.27
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: edgeX: live order book, 23 min ago; Aevo: 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 edgeX live order book, 23 min ago | 4.16 bp | 8.7 bp −$9 | 9.6 bp −$96 | doesn't fit | doesn't fit |
| Sell Aevo no order-book sample | — | — | — | — | — |
Aevo: 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 | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps QQQ-USD.P | −0.0143% | 1h | 743.21 | −0.155% | $4.2M | $1.8M | 20x | as long as short |
| GMX QQQ/USD [ETH-USDC] | L −0.0122% / S +0.0222% | 1h | 744.47 | +0.014% | $25K | — | 26x | as long as short |
| BloFin QQQ-USDT | −0.0021% | 8h | 744.29 | −0.010% | $1.1M | $271K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 744.50 | +0.018% | $841K | $714K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 744.41 | +0.007% | $10.7M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 744.29 | −0.010% | $21.5M | $26.9M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 744.53 | +0.023% | $5.4M | $7.5M | 25x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 743.87 | −0.066% | $3.3M | $20.8M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 744.62 | +0.035% | $16.9M | $5.7M | 20x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 744.96 | +0.080% | $2K | $1.9M | 10x | as long as short |
Ondo Perps QQQ-USD.P
GMX QQQ/USD [ETH-USDC]
BloFin QQQ-USDT
Aster QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Gate QQQ_USDT
Bitget QQQUSDT
SunX QQQ-USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX QQQ-USDT | 0.0000% | 8h | 744.70 | +0.046% | $257K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 744.74 | +0.051% | $361K | $1.5M | 10x | as long as short |
| Variational Omni QQQ | +0.0002% | 8h | 744.38 | +0.003% | $17.1M | $7.5M | — | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0008% | 1h | 743.96 | −0.054% | $1.2M | $536K | 20x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 744.31 | −0.007% | $7.7M | $16.3M | 30x | as long as short |
| Binance QQQUSDT | +0.0040% | 8h | 744.46 | +0.013% | $71.1M | $141.8M | 25x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 743.76 | −0.081% | $700K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 745.44 | +0.145% | — | $337K | 50x | as long as short |
| Lighter RH QQQ | +0.0048% | 1h | 744.77 | +0.055% | $36.9M | $78.9M | 50x | as long as short |
| Nado QQQ-PERP | +0.0096% | 1h | 744.14 | −0.030% | $1.5M | $876K | 20x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 744.13 | −0.031% | $3.4M | $389K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 744.11 | −0.034% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 744.19 | −0.023% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERPshort | +0.0104% | 1h | 743.67 | −0.093% | $93K | $1K | 10x | |
| GRVT QQQ_USDT_Perp | +0.0110% | 8h | 744.62 | +0.035% | $319K | $1.9M | 10x | as long as short |
| Phoenix QQQ | +0.0129% | 1h | 744.01 | −0.047% | $38K | $66K | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0274% | 1h | 744.41 | +0.007% | $425K | $149K | 20x | as long as short |
| edgeX QQQUSDClong | +0.0680% | 4h | 744.36 | long leg | $761K | $334K | 20x |
HTX QQQ-USDT
Phemex QQQUSDT
Variational Omni QQQ
Coinbase International QQQ-PERP-INTX
Lighter QQQ
Binance QQQUSDT
Arcus QQQ-USD
Vest QQQ-USD-PERP
Lighter RH QQQ
Nado QQQ-PERP
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
GRVT QQQ_USDT_Perp
Phoenix QQQ
Deribit QQQ_USDC-PERPETUAL