Funding you earn now, next payment 08:00 UTC+0.0178%/8h= +19.4% APRpaid last 24h +0.065%
Price spread now: edgeX against Gate+0.079%52s7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$370.372% of the position
Funding, last 7 days+0.108%+$11 on $10k
+Price spread, last 4 days (all we have)−0.075%−$7 · spread now +0.079%, 7d avg +0.019%
=Together, before fees+0.033%+ Points / potential airdropedgeX: Active · farm board+$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and edgeX is 0.061% dearer against Gate than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.019%. The two prices were read 52 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 | Gate QQQ_USDT | 742.21 | 0 | get 0.0000% / 8h | 3h 06m | $3.3M | $21.3M | 50x |
| Short | edgeX QQQUSDC | 742.80 | 0.0178 | get 0.0089% / 4h | 3h 06m | $759K | $334K | 20x |
Gate QQQ_USDT
edgeX QQQUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $37.28
- Price spread: +0.079% → +0.019%
- $6.07
- Slippage, 4 orders
- −$13.25
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $6.11
- Costs to cover
- 0.372%
- Break-even
- 5.9 days
Slippage from Gate: live order book, 2 min ago; edgeX: live order book, 47 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, 2 min ago | 0.54 bp | 9.2 bp −$9 | 16.7 bp −$167 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 47 min ago | 4.10 bp | 8.7 bp −$9 | 9.7 bp −$97 | 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX QQQ/USD [ETH-USDC] | L −0.0140% / S +0.0236% | 1h | 742.75 | +0.072% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0010% | 1h | 741.74 | −0.063% | $4.2M | $1.8M | 20x | as long as short |
| BloFin QQQ-USDT | −0.0003% | 8h | 742.86 | +0.088% | $1.1M | $246K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 742.84 | +0.085% | $824K | $857K | 20x | as long as short |
| Binance QQQUSDT | 0.0000% | 8h | 742.87 | +0.089% | $70.1M | $143.7M | 25x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 742.78 | +0.077% | $10.7M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 742.72 | +0.069% | $21.6M | $27.4M | 50x | as long as short |
| Gate QQQ_USDTlong | 0.0000% | 8h | 742.21 | long leg | $3.3M | $21.3M | 50x | |
| Bitget QQQUSDT | 0.0000% | 8h | 742.96 | +0.101% | $16.9M | $5.6M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 742.83 | +0.083% | $17.1M | $7.3M | — | as long as short |
GMX QQQ/USD [ETH-USDC]
Ondo Perps QQQ-USD.P
BloFin QQQ-USDT
Aster QQQUSDT
Binance QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
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 | 743.23 | +0.137% | $2K | $1.9M | 10x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | 0.0000% | 1h | 742.43 | +0.030% | $424K | $151K | 20x | as long as short |
| Coinbase International QQQ-PERP-INTX | 0.0000% | 1h | 742.35 | +0.019% | $1.2M | $538K | 20x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 743.01 | +0.108% | $257K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 743.10 | +0.120% | $360K | $1.6M | 10x | as long as short |
| RISEx QQQ/USDC | +0.0010% | 1h | 742.93 | +0.097% | $5.4M | $7.3M | 25x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 742.76 | +0.074% | $7.7M | $15.9M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 743.11 | +0.121% | $36.9M | $79.5M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 742.03 | −0.024% | $704K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 743.75 | +0.207% | — | $337K | 50x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0072% | 8h | 742.95 | +0.100% | $320K | $1.9M | 10x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 742.54 | +0.044% | $3.4M | $343K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 742.36 | +0.020% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 742.49 | +0.038% | $12K | $21K | 20x | as long as short |
| Nado QQQ-PERP | +0.0102% | 1h | 742.40 | +0.026% | $1.5M | $763K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 741.99 | −0.030% | $92K | $1K | 10x | as long as short |
| Phoenix QQQ | +0.0118% | 1h | 742.42 | +0.028% | $38K | $66K | 20x | as long as short |
| edgeX QQQUSDCshort | +0.0178% | 4h | 742.80 | +0.079% | $759K | $334K | 20x |
SunX QQQ-USDT
Deribit QQQ_USDC-PERPETUAL
Coinbase International QQQ-PERP-INTX
HTX QQQ-USDT
Phemex QQQUSDT
RISEx QQQ/USDC
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
Nado QQQ-PERP
Aevo QQQ-PERP
Phoenix QQQ