Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against Gate−0.007%7-day average −0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$510.510% of the position
Funding, last 7 days+0.214%+$21 on $10k
+Price spread, last 7 days−0.096%−$10 · spread now −0.007%, 7d avg −0.042%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.035% dearer against Gate than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.042%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate QQQ_USDT | 743.93 | 0 | get 0.0000% / 8h | 7h 46m | $3.2M | $26.7M | 50x |
| Short | KuCoin QQQUSDTM | 743.88 | 0.0100 | get 0.0100% / 8h | 7h 46m | $3.4M | $413K | 20x |
Gate QQQ_USDT
KuCoin QQQUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $21
- Price spread: −0.007% → −0.042%
- $3.54
- Slippage, 4 orders
- −$24.01
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$26.47
- Costs to cover
- 0.510%
- Break-even
- 15.8 days
Slippage from Gate: live order book, 3 min ago; KuCoin: live order book, 11 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 | 0.07 bp | 9.3 bp −$9 | 14.8 bp −$148 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 11 min ago | 1.82 bp | 23.4 bp −$23 | 137.1 bp −$1,371 | 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 | −0.0370% | 1h | 742.51 | −0.191% | $4.2M | $2.0M | 20x | as long as short |
| GMX QQQ/USD [ETH-USDC] | L −0.0082% / S +0.0191% | 1h | 744.25 | +0.044% | $25K | — | 26x | as long as short |
| BloFin QQQ-USDT | −0.0022% | 8h | 744.06 | +0.017% | $1.0M | $318K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 743.73 | −0.026% | $841K | $760K | 20x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 744.15 | +0.030% | $21.5M | $25.4M | 50x | as long as short |
| Gate QQQ_USDTlong | 0.0000% | 8h | 743.93 | long leg | $3.2M | $26.7M | 50x | |
| SunX QQQ-USDT | 0.0000% | 8h | 744.74 | +0.109% | $2K | $2.2M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 744.80 | +0.117% | $257K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 744.56 | +0.085% | $361K | $1.4M | 10x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0005% | 1h | 743.87 | −0.008% | $425K | $147K | 20x | as long as short |
Ondo Perps QQQ-USD.P
GMX QQQ/USD [ETH-USDC]
BloFin QQQ-USDT
Aster QQQUSDT
OKX QQQ-USDT-SWAP
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDT
Deribit QQQ_USDC-PERPETUALShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter QQQ | +0.0032% | 1h | 744.01 | +0.011% | $7.6M | $18.1M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 744.35 | +0.056% | $37.3M | $79.0M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 743.46 | −0.063% | $747K | $1.5M | 25x | as long as short |
| Variational Omni QQQ | +0.0042% | 8h | 744.27 | +0.046% | $17.1M | $10.9M | — | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 744.79 | +0.116% | — | $336K | 50x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0064% | 1h | 743.88 | −0.007% | $1.2M | $581K | 20x | as long as short |
| Binance QQQUSDT | +0.0071% | 8h | 744.36 | +0.057% | $71.0M | $155.1M | 25x | as long as short |
| Bybit QQQUSDT | +0.0087% | 8h | 744.45 | +0.070% | $10.7M | $4.9M | 50x | as long as short |
| KuCoin QQQUSDTMshort | +0.0100% | 8h | 743.88 | −0.007% | $3.4M | $413K | 20x | |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 743.83 | −0.013% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 743.99 | +0.008% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 743.52 | −0.055% | $93K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0115% | 1h | 744.01 | +0.010% | $1.5M | $1.2M | 20x | as long as short |
| Bitget QQQUSDT | +0.0180% | 8h | 744.34 | +0.055% | $16.9M | $6.6M | 20x | as long as short |
| RISEx QQQ/USDC | +0.0208% | 1h | 744.40 | +0.063% | $5.5M | $9.0M | 25x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0219% | 8h | 744.39 | +0.061% | $327K | $1.8M | 10x | as long as short |
| Phoenix QQQ | +0.0258% | 1h | 743.91 | −0.003% | $38K | $66K | 20x | as long as short |
| edgeX QQQUSDC | +0.0995% | 4h | 744.25 | +0.043% | $761K | $336K | 20x | as long as short |
Lighter QQQ
Lighter RH QQQ
Arcus QQQ-USD
Variational Omni QQQ
Vest QQQ-USD-PERP
Coinbase International QQQ-PERP-INTX
Binance QQQUSDT
Bybit QQQUSDT
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Nado QQQ-PERP
Bitget QQQUSDT
RISEx QQQ/USDC
GRVT QQQ_USDT_Perp
Phoenix QQQ
edgeX QQQUSDC