Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.014%
Price spread now: Bybit against Gate+0.077%7-day average +0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$370.375% of the position
Funding, last 7 days+0.051%+$5 on $10k
+Price spread, last 7 days−0.103%−$10 · spread now +0.077%, 7d avg +0.026%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.051% dearer against Gate than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.026%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate QQQ_USDT | 743.29 | 0 | get 0.0000% / 8h | 3h 46m | $3.3M | $20.7M | 50x |
| Short | Bybit QQQUSDT | 743.86 | 0 | get 0.0000% / 8h | 3h 46m | $10.7M | $5.0M | 50x |
Gate QQQ_USDT
Bybit QQQUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Gate. 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: +0.077% → +0.026%
- $5.09
- Slippage, 4 orders
- −$11.49
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$32.4
- Costs to cover
- 0.375%
- Break-even
- never at this rate
Slippage from Gate: live order book, 3 min ago; Bybit: live order book, 2 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 Gate live order book, 3 min ago | 1.55 bp | 11.8 bp −$12 | 16.7 bp −$167 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 0.07 bp | 7.4 bp −$7 | 8.1 bp −$81 | 68.9 bp −$6,895 | 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 −0.0132% / S +0.0230% | 1h | 743.79 | +0.068% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0033% | 1h | 742.29 | −0.135% | $4.2M | $1.8M | 20x | as long as short |
| BloFin QQQ-USDT | −0.0007% | 8h | 743.60 | +0.042% | $1.1M | $256K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 743.84 | +0.074% | $841K | $714K | 20x | as long as short |
| Bybit QQQUSDTshort | 0.0000% | 8h | 743.86 | +0.077% | $10.7M | $5.0M | 50x | |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 743.57 | +0.038% | $21.5M | $26.9M | 50x | as long as short |
| Gate QQQ_USDTlong | 0.0000% | 8h | 743.29 | long leg | $3.3M | $20.7M | 50x | |
| Bitget QQQUSDT | 0.0000% | 8h | 743.92 | +0.085% | $16.9M | $5.5M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 743.43 | +0.019% | $17.1M | $7.4M | — | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 744.25 | +0.129% | $2K | $1.9M | 10x | as long as short |
GMX QQQ/USD [ETH-USDC]
Ondo Perps QQQ-USD.P
BloFin QQQ-USDT
Aster QQQUSDT
OKX QQQ-USDT-SWAP
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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International QQQ-PERP-INTX | 0.0000% | 1h | 742.64 | −0.087% | $1.2M | $536K | 20x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 743.53 | +0.032% | $257K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 744.08 | +0.106% | $360K | $1.6M | 10x | as long as short |
| RISEx QQQ/USDC | +0.0010% | 1h | 743.85 | +0.075% | $5.4M | $7.3M | 25x | as long as short |
| Binance QQQUSDT | +0.0011% | 8h | 743.79 | +0.067% | $70.9M | $141.3M | 25x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 743.69 | +0.054% | $7.7M | $15.8M | 30x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0032% | 1h | 743.63 | +0.046% | $425K | $150K | 20x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 742.92 | −0.050% | $704K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 744.77 | +0.199% | — | $337K | 50x | as long as short |
| Lighter RH QQQ | +0.0048% | 1h | 744.12 | +0.112% | $37.0M | $78.2M | 50x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0079% | 8h | 743.34 | +0.007% | $326K | $1.9M | 10x | as long as short |
| Nado QQQ-PERP | +0.0093% | 1h | 743.50 | +0.029% | $1.5M | $780K | 20x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 743.42 | +0.017% | $3.4M | $343K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 742.82 | −0.063% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 743.58 | +0.039% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 743.04 | −0.034% | $92K | $1K | 10x | as long as short |
| Phoenix QQQ | +0.0118% | 1h | 743.09 | −0.027% | $38K | $66K | 20x | as long as short |
| edgeX QQQUSDC | +0.0649% | 4h | 743.23 | −0.008% | $760K | $335K | 20x | as long as short |
Coinbase International QQQ-PERP-INTX
HTX QQQ-USDT
Phemex QQQUSDT
RISEx QQQ/USDC
Binance QQQUSDT
Lighter QQQ
Deribit QQQ_USDC-PERPETUAL
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