Funding you earn now, next payment 02:00 UTC−0.0175%/8h= −19.2% APRpaid last 24h +0.018%
Price spread now: Arcus against edgeX−0.106%114s7-day average −0.125% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$290.287% of the position
Funding, last 3 days (all we have)+0.399%+$40 on $10k
+Price spread, last 3 days (all we have)−0.006%−$1 · spread now −0.106%, 7d avg −0.125%
=Together, before fees+0.393%+ Points / potential airdropedgeX: Active · farm board+$39 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.125%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair paid +0.399%, so the current rate has only just turned against you. The two prices were read 114 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX QQQUSDC | 744.53 | 0.0216 | pay 0.0108% / 4h | 2h 57m | $761K | $337K | 20x |
| Short | Arcus QQQ-USD | 743.74 | 0.0040 | get 0.0005% / 1h | 57m 41s | $747K | $1.5M | 25x |
edgeX QQQUSDC
Arcus QQQ-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus 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
- −$36.83
- Price spread: −0.106% → −0.125%
- $1.9
- Slippage, 4 orders
- −$15.25
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$63.68
- Costs to cover
- 0.287%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 11 min ago; Arcus: 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 edgeX live order book, 11 min ago | 4.16 bp | 8.7 bp −$9 | 9.7 bp −$97 | doesn't fit | doesn't fit |
| Sell Arcus live order book, 1 min ago | 0.34 bp | 6.0 bp −$6 | 11.1 bp −$111 | 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 | −0.0262% | 1h | 743.10 | −0.192% | $4.2M | $2.0M | 20x | as long as short |
| GMX QQQ/USD [ETH-USDC] | L −0.0092% / S +0.0199% | 1h | 744.63 | +0.013% | $25K | — | 26x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 744.34 | −0.025% | $21.5M | $25.3M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 744.23 | −0.040% | $3.2M | $19.9M | 50x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 745.08 | +0.074% | $2K | $2.1M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 744.94 | +0.056% | $257K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 744.71 | +0.025% | $359K | $1.4M | 10x | as long as short |
| BloFin QQQ-USDT | +0.0019% | 8h | 744.38 | −0.020% | $1.1M | $320K | 20x | as long as short |
| Bybit QQQUSDT | +0.0020% | 8h | 744.58 | +0.007% | $10.7M | $5.0M | 50x | as long as short |
| Aster QQQUSDT | +0.0022% | 8h | 744.66 | +0.018% | $841K | $713K | 20x | as long as short |
Ondo Perps QQQ-USD.P
GMX QQQ/USD [ETH-USDC]
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDT
BloFin QQQ-USDT
Bybit QQQUSDT
Aster QQQUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter QQQ | +0.0032% | 1h | 744.33 | −0.026% | $7.7M | $17.6M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 744.74 | +0.029% | $37.4M | $78.5M | 50x | as long as short |
| Arcus QQQ-USDshort | +0.0040% | 1h | 743.74 | −0.106% | $747K | $1.5M | 25x | |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 745.23 | +0.095% | — | $309K | 50x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0048% | 1h | 744.05 | −0.064% | $1.2M | $545K | 20x | as long as short |
| Variational Omni QQQ | +0.0072% | 8h | 744.60 | +0.011% | $17.1M | $7.6M | — | as long as short |
| Nado QQQ-PERP | +0.0075% | 1h | 744.32 | −0.028% | $1.5M | $1.1M | 20x | as long as short |
| Binance QQQUSDT | +0.0099% | 8h | 744.59 | +0.009% | $71.3M | $148.7M | 25x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 744.28 | −0.033% | $3.4M | $409K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 744.13 | −0.053% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 744.43 | −0.013% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 743.92 | −0.081% | $93K | $1K | 10x | as long as short |
| Bitget QQQUSDT | +0.0139% | 8h | 744.61 | +0.011% | $16.9M | $6.1M | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0153% | 1h | 744.42 | −0.014% | $425K | $147K | 20x | as long as short |
| RISEx QQQ/USDC | +0.0168% | 1h | 744.62 | +0.013% | $5.4M | $8.2M | 25x | as long as short |
| edgeX QQQUSDClong | +0.0216% | 4h | 744.53 | long leg | $761K | $337K | 20x | |
| Phoenix QQQ | +0.0258% | 1h | 744.24 | −0.038% | $38K | $66K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0371% | 8h | 744.88 | +0.048% | $318K | $1.8M | 10x | as long as short |
Lighter QQQ
Lighter RH QQQ
Vest QQQ-USD-PERP
Coinbase International QQQ-PERP-INTX
Variational Omni QQQ
Nado QQQ-PERP
Binance QQQUSDT
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Bitget QQQUSDT
Deribit QQQ_USDC-PERPETUAL
RISEx QQQ/USDC
Phoenix QQQ
GRVT QQQ_USDT_Perp