Funding you earn now, next payment 04:00 UTC+0.0216%/8h= +23.6% APRpaid last 24h −0.008%
Price spread now: edgeX against HTX−0.056%77s7-day average −0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$32as 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−$350.348% of the position
Funding, last 7 days+0.027%+$3 on $10k
+Price spread, last 3 days (all we have)+0.054%+$5 · spread now −0.056%, 7d avg −0.040%
=Together, before fees+0.081%+ Points / potential airdropedgeX: Active · farm board+$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.040%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate. The two prices were read 77 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.027% in total (about 1.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX QQQ-USDT | 744.94 | 0 | get 0.0000% / 8h | 6h 58m | $257K | $29K | 30x |
| Short | edgeX QQQUSDC | 744.53 | 0.0216 | get 0.0108% / 4h | 2h 58m | $761K | $337K | 20x |
HTX QQQ-USDT
edgeX QQQUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against HTX. 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
- $45.29
- Price spread: −0.056% → −0.040%
- −$1.6
- Slippage, 4 orders
- −$13.82
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $8.87
- Costs to cover
- 0.348%
- Break-even
- 5.6 days
Slippage from HTX: live order book, 9 min ago; edgeX: 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 HTX live order book, 9 min ago | 2.68 bp | 8.7 bp −$9 | 9.9 bp −$99 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 11 min ago | 4.16 bp | 8.7 bp −$9 | 9.8 bp −$98 | 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 | −0.0278% | 1h | 743.10 | −0.247% | $4.2M | $2.0M | 20x | as long as short |
| GMX QQQ/USD [ETH-USDC] | L −0.0092% / S +0.0199% | 1h | 744.63 | −0.042% | $25K | — | 26x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 744.28 | −0.089% | $21.5M | $25.3M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 744.29 | −0.087% | $3.2M | $19.9M | 50x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 745.08 | +0.019% | $2K | $2.1M | 10x | as long as short |
| HTX QQQ-USDTlong | 0.0000% | 8h | 744.94 | long leg | $257K | $29K | 30x | |
| Phemex QQQUSDT | 0.0000% | 8h | 744.71 | −0.031% | $359K | $1.4M | 10x | as long as short |
| BloFin QQQ-USDT | +0.0019% | 8h | 744.38 | −0.075% | $1.1M | $320K | 20x | as long as short |
| Aster QQQUSDT | +0.0023% | 8h | 744.66 | −0.038% | $841K | $713K | 20x | as long as short |
| Bybit QQQUSDT | +0.0024% | 8h | 744.61 | −0.044% | $10.7M | $5.0M | 50x | as long as short |
Ondo Perps QQQ-USD.P
GMX QQQ/USD [ETH-USDC]
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
SunX QQQ-USDT
Phemex QQQUSDT
BloFin QQQ-USDT
Aster QQQUSDT
Bybit QQQUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter QQQ | +0.0032% | 1h | 744.33 | −0.082% | $7.7M | $17.6M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 744.63 | −0.042% | $37.4M | $78.5M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 743.77 | −0.157% | $748K | $1.5M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 745.23 | +0.039% | — | $309K | 50x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0048% | 1h | 744.05 | −0.119% | $1.2M | $545K | 20x | as long as short |
| Variational Omni QQQ | +0.0072% | 8h | 744.60 | −0.045% | $17.1M | $7.6M | — | as long as short |
| Nado QQQ-PERP | +0.0075% | 1h | 744.32 | −0.084% | $1.5M | $1.1M | 20x | as long as short |
| Binance QQQUSDT | +0.0099% | 8h | 744.57 | −0.049% | $71.3M | $148.7M | 25x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 744.32 | −0.083% | $3.4M | $409K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 744.13 | −0.109% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 744.43 | −0.068% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 743.92 | −0.136% | $93K | $1K | 10x | as long as short |
| Bitget QQQUSDT | +0.0141% | 8h | 744.61 | −0.044% | $16.9M | $6.1M | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0153% | 1h | 744.42 | −0.070% | $425K | $147K | 20x | as long as short |
| RISEx QQQ/USDC | +0.0168% | 1h | 744.71 | −0.031% | $5.4M | $8.2M | 25x | as long as short |
| edgeX QQQUSDCshort | +0.0216% | 4h | 744.53 | −0.056% | $761K | $337K | 20x | |
| Phoenix QQQ | +0.0258% | 1h | 744.24 | −0.094% | $38K | $66K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0371% | 8h | 744.88 | −0.008% | $318K | $1.8M | 10x | as long as short |
Lighter QQQ
Lighter RH QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
Coinbase International QQQ-PERP-INTX
Variational Omni QQQ
Nado QQQ-PERP
Binance QQQUSDT
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Bitget QQQUSDT
Deribit QQQ_USDC-PERPETUAL
RISEx QQQ/USDC
Phoenix QQQ
GRVT QQQ_USDT_Perp