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 HTX−0.043%7-day average −0.062% · you buy dearer than you sell
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$370.373% of the position
Funding, last 7 days+0.203%+$20 on $10k
+Price spread, last 3 days (all we have)+0.019%+$2 · spread now −0.043%, 7d avg −0.062%
=The price spread sits at its 7-day average of −0.062%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX QQQ-USDT | 744.08 | 0 | get 0.0000% / 8h | 6h 37m | $257K | $29K | 30x |
| Short | KuCoin QQQUSDTM | 743.76 | 0.0100 | get 0.0100% / 8h | 6h 37m | $3.4M | $406K | 20x |
HTX QQQ-USDT
KuCoin QQQUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $21
- Price spread: −0.043% → −0.062%
- $1.93
- Slippage, 4 orders
- −$13.27
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$14.34
- Costs to cover
- 0.373%
- Break-even
- 11.8 days
Slippage from HTX: live order book, 30 min ago; KuCoin: 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, 30 min ago | 2.68 bp | 8.7 bp −$9 | 9.9 bp −$99 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 1.68 bp | 12.1 bp −$12 | 119.0 bp −$1,190 | 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 | −0.0168% | 1h | 743.00 | −0.145% | $4.2M | $1.9M | 20x | as long as short |
| GMX QQQ/USD [ETH-USDC] | L −0.0097% / S +0.0202% | 1h | 744.05 | −0.003% | $25K | — | 26x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 743.95 | −0.017% | $10.7M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 743.78 | −0.040% | $21.5M | $25.5M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 743.73 | −0.047% | $3.2M | $21.6M | 50x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 744.61 | +0.071% | $2K | $2.1M | 10x | as long as short |
| HTX QQQ-USDTlong | 0.0000% | 8h | 744.08 | long leg | $257K | $29K | 30x | |
| Phemex QQQUSDT | 0.0000% | 8h | 744.13 | +0.007% | $360K | $1.4M | 10x | as long as short |
| Aster QQQUSDT | +0.0011% | 8h | 743.98 | −0.014% | $841K | $712K | 20x | as long as short |
| BloFin QQQ-USDT | +0.0026% | 8h | 744.31 | +0.031% | $1.1M | $319K | 20x | as long as short |
Ondo Perps QQQ-USD.P
GMX QQQ/USD [ETH-USDC]
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
SunX QQQ-USDT
Phemex QQQUSDT
Aster QQQUSDT
BloFin QQQ-USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter QQQ | +0.0032% | 1h | 743.74 | −0.046% | $7.7M | $17.7M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 744.15 | +0.009% | $37.4M | $79.6M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 743.17 | −0.122% | $703K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 745.03 | +0.128% | — | $337K | 50x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0048% | 1h | 743.52 | −0.075% | $1.2M | $535K | 20x | as long as short |
| Variational Omni QQQ | +0.0065% | 8h | 744.04 | −0.005% | $17.1M | $7.6M | — | as long as short |
| Bitget QQQUSDT | +0.0074% | 8h | 744.05 | −0.004% | $16.9M | $5.9M | 20x | as long as short |
| Binance QQQUSDT | +0.0087% | 8h | 743.97 | −0.015% | $71.1M | $147.6M | 25x | as long as short |
| KuCoin QQQUSDTMshort | +0.0100% | 8h | 743.76 | −0.043% | $3.4M | $406K | 20x | |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 743.71 | −0.050% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 743.82 | −0.035% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 743.28 | −0.107% | $93K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0121% | 1h | 743.76 | −0.043% | $1.5M | $1.0M | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0127% | 1h | 743.79 | −0.039% | $425K | $148K | 20x | as long as short |
| RISEx QQQ/USDC | +0.0168% | 1h | 744.17 | +0.012% | $5.4M | $8.2M | 25x | as long as short |
| Phoenix QQQ | +0.0183% | 1h | 743.66 | −0.056% | $38K | $66K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0230% | 8h | 744.26 | +0.025% | $318K | $1.8M | 10x | as long as short |
| edgeX QQQUSDC | +0.0751% | 4h | 743.92 | −0.021% | $761K | $334K | 20x | as long as short |
Lighter QQQ
Lighter RH QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
Coinbase International QQQ-PERP-INTX
Variational Omni QQQ
Bitget QQQUSDT
Binance QQQUSDT
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Nado QQQ-PERP
Deribit QQQ_USDC-PERPETUAL
RISEx QQQ/USDC
Phoenix QQQ
GRVT QQQ_USDT_Perp
edgeX QQQUSDC