QQQ

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0024%/8h= +2.7% APRnext payment +$0.24 per $10,000 · paid last 24h +0.014%

Price spread now: Bybit against HTX−0.026%7-day average −0.003% · you buy dearer than you sell

Net, funding: paid 7d − costs−$28as in the Funding arb table

Net, price: spread back to 7d avg − costs−$34as in the Price arb table

costs, in and out, $10k−$320.321% of the position

Long on HTX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.040%+$4 on $10k

Price spread, last 3 days (all we have)+0.045%+$5 · spread now −0.026%, 7d avg −0.003%

Together, before fees+0.086%+$9 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bybit is 0.023% cheaper against HTX than usual: you would sell low and buy high (spread −0.026% now, against its 7-day average of −0.003%). If the spread goes back, that is −$2 on $10k: about 3.1 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX QQQ-USDT	744.97	0	get 0.0000% / 8h	7h 02m	$257K	$29K	30x
Short	Bybit QQQUSDT	744.78	0.0024	get 0.0024% / 8h	7h 02m	$10.7M	$5.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against HTX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee HTXbpFee BybitbpOrdersPrice spread, now −0.026%Rate

Funding earned: $5.11
Price spread: −0.026% → −0.003%: −$2.28
Slippage, 4 orders: −$9.07
Fee HTX: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$29.24
Costs to cover: 0.321%
Break-even: 47.1 days

Slippage from HTX: live order book, 4 min ago; Bybit: live order book, 5 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 HTX live order book, 4 min ago	2.68 bp	8.7 bp −$9	9.9 bp −$99	doesn't fit	doesn't fit
Sell Bybit live order book, 5 min ago	0.07 bp	7.2 bp −$7	8.4 bp −$84	57.8 bp −$5,785	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	−0.0309%	1h	743.25	−0.231%	$4.2M	$2.0M	20x	as long as short
GMX QQQ/USD [ETH-USDC]	L −0.0091% / S +0.0198%	1h	744.60	−0.050%	$25K	—	26x	as long as short
BloFin QQQ-USDT	−0.0007%	8h	744.38	−0.079%	$1.1M	$320K	20x	as long as short
OKX QQQ-USDT-SWAP	0.0000%	8h	744.47	−0.067%	$21.5M	$25.4M	50x	as long as short
Gate QQQ_USDT	0.0000%	8h	744.31	−0.089%	$3.2M	$29.0M	50x	as long as short
SunX QQQ-USDT	0.0000%	8h	745.12	+0.020%	$2K	$2.1M	10x	as long as short
HTX QQQ-USDTlong	0.0000%	8h	744.97	long leg	$257K	$29K	30x
Phemex QQQUSDT	0.0000%	8h	744.80	−0.023%	$362K	$1.4M	10x	as long as short
Aster QQQUSDT	+0.0021%	8h	744.66	−0.041%	$841K	$713K	20x	as long as short
Bybit QQQUSDTshort	+0.0024%	8h	744.78	−0.026%	$10.7M	$5.0M	50x

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter QQQ	+0.0032%	1h	744.38	−0.079%	$7.7M	$18.5M	30x	as long as short
Lighter RH QQQ	+0.0032%	1h	744.79	−0.024%	$37.4M	$81.3M	50x	as long as short
Arcus QQQ-USD	+0.0040%	1h	743.77	−0.161%	$748K	$1.5M	25x	as long as short
Vest QQQ-USD-PERP	+0.0046%	1h	745.18	+0.028%	—	$306K	50x	as long as short
Coinbase International QQQ-PERP-INTX	+0.0064%	1h	744.09	−0.118%	$1.2M	$545K	20x	as long as short
Variational Omni QQQ	+0.0066%	8h	744.61	−0.049%	$17.1M	$8.0M	—	as long as short
Binance QQQUSDT	+0.0097%	8h	744.66	−0.041%	$71.3M	$149.3M	25x	as long as short
Nado QQQ-PERP	+0.0100%	1h	744.29	−0.091%	$1.5M	$1.1M	20x	as long as short
KuCoin QQQUSDTM	+0.0100%	8h	744.28	−0.093%	$3.4M	$411K	20x	as long as short
ApeX Omni QQQUSDT	+0.0100%	1h	744.18	−0.106%	$20K	$2.2M	50x	as long as short
Orderly PERP_QQQ_USDC_mythos	+0.0100%	8h	744.34	−0.085%	$12K	$21K	20x	as long as short
Aevo QQQ-PERP	+0.0104%	1h	743.83	−0.152%	$93K	$1K	10x	as long as short
Bitget QQQUSDT	+0.0147%	8h	744.71	−0.035%	$16.9M	$6.1M	20x	as long as short
Deribit QQQ_USDC-PERPETUAL	+0.0153%	1h	744.42	−0.074%	$425K	$147K	20x	as long as short
edgeX QQQUSDC	+0.0170%	4h	744.59	−0.051%	$761K	$336K	20x	as long as short
RISEx QQQ/USDC	+0.0208%	1h	744.70	−0.037%	$5.4M	$8.3M	25x	as long as short
Phoenix QQQ	+0.0258%	1h	744.36	−0.082%	$38K	$66K	20x	as long as short
GRVT QQQ_USDT_Perp	+0.0361%	8h	744.85	−0.016%	$318K	$1.8M	10x	as long as short