Funding you earn now, next payment 01:00 UTC+0.0060%/8h= +6.6% APRpaid last 24h +0.022%
Price spread now: BloFin against GMX−0.026%51s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. BloFin is 0.026% cheaper against GMX than usual: you would sell low and buy high (spread −0.026% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 35 hours of funding at the current rate (+$2 a day). The two prices were read 51 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 | GMX QQQ/USD [ETH-USDC] | 744.25 | L −0.0082% / S +0.0191% | get 0.0010% / 1h | 45m 37s | $25K | — | 26x |
| Short | BloFin QQQ-USDT | 744.06 | −0.0022 | pay 0.0022% / 8h | 7h 45m | $1.0M | $318K | 20x |
GMX QQQ/USD [ETH-USDC]
BloFin QQQ-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against GMX. 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
- $12.68
- Price spread: −0.026% → 0.000%
- −$2.62
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$13.94
- Costs to cover
- 0.240%
- Break-even
- 14.7 days
Slippage unknown: GMX: no order-book sample; BloFin: live order book, 2 min ago. 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 GMX no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 2 min ago | 0.07 bp | 6.1 bp −$6 | 6.5 bp −$65 | 10.4 bp −$1,044 | doesn't fit |
GMX: 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 | −0.0365% | 1h | 742.35 | −0.256% | $4.2M | $2.0M | 20x | as long as short |
| GMX QQQ/USD [ETH-USDC]long | L −0.0082% / S +0.0191% | 1h | 744.25 | long leg | $25K | — | 26x | |
| BloFin QQQ-USDTshort | −0.0022% | 8h | 744.06 | −0.026% | $1.0M | $318K | 20x | |
| Aster QQQUSDT | 0.0000% | 8h | 743.77 | −0.065% | $841K | $760K | 20x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 744.19 | −0.009% | $21.5M | $25.4M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 743.95 | −0.041% | $3.2M | $26.7M | 50x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 744.74 | +0.065% | $2K | $2.2M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 744.80 | +0.073% | $257K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 744.56 | +0.041% | $361K | $1.4M | 10x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0005% | 1h | 743.87 | −0.052% | $425K | $147K | 20x | as long as short |
Ondo Perps QQQ-USD.P
Aster QQQUSDT
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
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 | 744.07 | −0.025% | $7.6M | $18.1M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 744.42 | +0.022% | $37.3M | $79.0M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 743.47 | −0.105% | $747K | $1.5M | 25x | as long as short |
| Variational Omni QQQ | +0.0042% | 8h | 744.27 | +0.002% | $17.1M | $10.9M | — | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 744.79 | +0.072% | — | $336K | 50x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0064% | 1h | 743.88 | −0.050% | $1.2M | $581K | 20x | as long as short |
| Binance QQQUSDT | +0.0072% | 8h | 744.33 | +0.011% | $71.0M | $155.2M | 25x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 743.90 | −0.048% | $3.4M | $413K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 743.83 | −0.057% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 743.99 | −0.036% | $12K | $21K | 20x | as long as short |
| Bybit QQQUSDT | +0.0104% | 8h | 744.45 | +0.026% | $10.7M | $4.9M | 50x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 743.52 | −0.098% | $93K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0115% | 1h | 744.01 | −0.033% | $1.5M | $1.2M | 20x | as long as short |
| Bitget QQQUSDT | +0.0181% | 8h | 744.41 | +0.021% | $16.9M | $6.6M | 20x | as long as short |
| RISEx QQQ/USDC | +0.0208% | 1h | 744.34 | +0.011% | $5.5M | $9.0M | 25x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0219% | 8h | 744.39 | +0.018% | $327K | $1.8M | 10x | as long as short |
| Phoenix QQQ | +0.0258% | 1h | 743.91 | −0.046% | $38K | $66K | 20x | as long as short |
| edgeX QQQUSDC | +0.0995% | 4h | 744.25 | 0.000% | $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
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Bybit QQQUSDT
Aevo QQQ-PERP
Nado QQQ-PERP
Bitget QQQUSDT
RISEx QQQ/USDC
GRVT QQQ_USDT_Perp
Phoenix QQQ
edgeX QQQUSDC