QQQ

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0060%/8h= −6.5% APRpaid last 24h −0.020%

Price spread now: Arcus against KuCoin−0.081%7-day average −0.098% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$38as in the Price arb table

costs, in and out, $10k−$400.399% of the position

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.076%−$8 on $10k

Price spread, last 7 days+0.086%+$9 · spread now −0.081%, 7d avg −0.098%

Together, before fees+0.010%+$1 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.098%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin QQQUSDTM	742.78	0.0100	pay 0.0100% / 8h	2h 08m	$3.4M	$364K	20x
Short	Arcus QQQ-USD	742.18	0.0040	get 0.0005% / 1h	8m 08s	$689K	$1.6M	25x

Funding history

latest

Range statsloading…

Arcus against KuCoin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee KuCoinbpFee ArcusbpOrdersPrice spread, now −0.081%Rate

Slippage from KuCoin: live order book, 4 min ago; Arcus: live order book, 1 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy KuCoin live order book, 4 min ago	2.15 bp	8.3 bp −$8	78.8 bp −$788	doesn't fit	doesn't fit
Sell Arcus live order book, 1 min ago	1.08 bp	6.3 bp −$6	11.7 bp −$117	doesn't fit	doesn't fit

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
GMX QQQ/USD [ETH-USDC]	L −0.0152% / S +0.0246%	1h	743.21	+0.057%	$25K	—	26x	as long as short
Ondo Perps QQQ-USD.P	−0.0004%	1h	741.94	−0.113%	$4.2M	$1.8M	20x	as long as short
BloFin QQQ-USDT	−0.0004%	8h	742.84	+0.008%	$1.1M	$278K	20x	as long as short
Aster QQQUSDT	0.0000%	8h	742.75	−0.004%	$824K	$857K	20x	as long as short
Binance QQQUSDT	0.0000%	8h	743.10	+0.043%	$70.0M	$145.1M	25x	as long as short
Bybit QQQUSDT	0.0000%	8h	743.19	+0.055%	$10.6M	$5.2M	50x	as long as short
OKX QQQ-USDT-SWAP	0.0000%	8h	743.03	+0.034%	$21.5M	$28.3M	50x	as long as short
RISEx QQQ/USDC	0.0000%	1h	743.20	+0.056%	$5.4M	$6.7M	25x	as long as short
Gate QQQ_USDT	0.0000%	8h	742.48	−0.040%	$3.3M	$21.4M	50x	as long as short
Bitget QQQUSDT	0.0000%	8h	743.30	+0.070%	$16.6M	$5.6M	20x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni QQQ	0.0000%	8h	743.18	+0.055%	$16.9M	$7.3M	—	as long as short
SunX QQQ-USDT	0.0000%	8h	743.64	+0.116%	$2K	$1.8M	10x	as long as short
Coinbase International QQQ-PERP-INTX	0.0000%	1h	742.77	−0.001%	$1.2M	$541K	20x	as long as short
HTX QQQ-USDT	0.0000%	8h	743.39	+0.082%	$251K	$41K	30x	as long as short
Phemex QQQUSDT	0.0000%	8h	743.54	+0.102%	$360K	$1.6M	10x	as long as short
Lighter QQQ	+0.0032%	1h	742.99	+0.028%	$7.6M	$15.8M	30x	as long as short
Lighter RH QQQ	+0.0032%	1h	743.33	+0.074%	$37.0M	$81.0M	50x	as long as short
Arcus QQQ-USDshort	+0.0040%	1h	742.18	−0.081%	$689K	$1.6M	25x
Vest QQQ-USD-PERP	+0.0046%	1h	744.11	+0.179%	—	$337K	50x	as long as short
GRVT QQQ_USDT_Perp	+0.0095%	8h	743.38	+0.081%	$316K	$2.0M	10x	as long as short
KuCoin QQQUSDTMlong	+0.0100%	8h	742.78	long leg	$3.4M	$364K	20x
ApeX Omni QQQUSDT	+0.0100%	1h	742.75	−0.004%	$20K	$2.2M	50x	as long as short
Orderly PERP_QQQ_USDC_mythos	+0.0100%	8h	742.91	+0.018%	$12K	$21K	20x	as long as short
Deribit QQQ_USDC-PERPETUAL	+0.0100%	1h	742.97	+0.026%	$424K	$152K	20x	as long as short
Aevo QQQ-PERP	+0.0104%	1h	742.40	−0.051%	$92K	$1K	10x	as long as short
Nado QQQ-PERP	+0.0121%	1h	742.93	+0.020%	$1.5M	$749K	20x	as long as short
Phoenix QQQ	+0.0129%	1h	742.54	−0.032%	$38K	$66K	20x	as long as short
edgeX QQQUSDC	+0.0987%	4h	743.21	+0.057%	$760K	$334K	20x	as long as short