Funding you earn now, next payment 04:00 UTC+0.0116%/8h= +12.7% APRpaid last 24h −0.038%
Price spread now: edgeX against KuCoin+0.020%7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$390.389% of the position
Funding, last 7 days−0.176%−$18 on $10k
+Price spread, last 3 days (all we have)0.000%$0 · spread now +0.020%, 7d avg +0.023%
=Together, before fees−0.176%+ Points / potential airdropedgeX: Active · farm board−$18 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.023%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.176%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin QQQUSDTM | 744.38 | 0.0100 | pay 0.0100% / 8h | 6h 58m | $3.4M | $410K | 20x |
| Short | edgeX QQQUSDC | 744.53 | 0.0216 | get 0.0108% / 4h | 2h 58m | $761K | $337K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against KuCoin. 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
- $24.29
- Price spread: +0.020% → +0.023%
- −$0.31
- Slippage, 4 orders
- −$17.92
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$14.93
- Costs to cover
- 0.389%
- Break-even
- 11.3 days
Slippage from KuCoin: live order book, 4 min ago; edgeX: live order book, 10 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 KuCoin live order book, 4 min ago | 1.41 bp | 9.4 bp −$9 | 86.4 bp −$864 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 10 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 | −0.0293% | 1h | 743.10 | −0.172% | $4.2M | $2.0M | 20x | as long as short |
| GMX QQQ/USD [ETH-USDC] | L −0.0092% / S +0.0199% | 1h | 744.75 | +0.049% | $25K | — | 26x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 744.44 | +0.008% | $21.5M | $25.3M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 744.34 | −0.005% | $3.2M | $19.9M | 50x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 745.21 | +0.112% | $2K | $2.1M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 744.94 | +0.075% | $257K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 745.09 | +0.095% | $359K | $1.4M | 10x | as long as short |
| BloFin QQQ-USDT | +0.0019% | 8h | 744.38 | 0.000% | $1.1M | $320K | 20x | as long as short |
| Aster QQQUSDT | +0.0023% | 8h | 744.66 | +0.037% | $841K | $713K | 20x | as long as short |
| Bybit QQQUSDT | +0.0025% | 8h | 744.74 | +0.048% | $10.7M | $5.0M | 50x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter QQQ | +0.0032% | 1h | 744.35 | −0.004% | $7.7M | $17.6M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 744.82 | +0.059% | $37.4M | $78.5M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 743.79 | −0.079% | $748K | $1.5M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 745.30 | +0.124% | — | $306K | 50x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0048% | 1h | 744.09 | −0.039% | $1.2M | $545K | 20x | as long as short |
| Variational Omni QQQ | +0.0072% | 8h | 744.60 | +0.030% | $17.1M | $7.6M | — | as long as short |
| Nado QQQ-PERP | +0.0098% | 1h | 744.41 | +0.004% | $1.5M | $1.1M | 20x | as long as short |
| Binance QQQUSDT | +0.0099% | 8h | 744.63 | +0.034% | $71.3M | $149.2M | 25x | as long as short |
| KuCoin QQQUSDTMlong | +0.0100% | 8h | 744.38 | long leg | $3.4M | $410K | 20x | |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 744.13 | −0.034% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 744.51 | +0.017% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 744.09 | −0.038% | $93K | $1K | 10x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0113% | 1h | 744.49 | +0.015% | $425K | $147K | 20x | as long as short |
| Bitget QQQUSDT | +0.0143% | 8h | 744.69 | +0.042% | $16.9M | $6.1M | 20x | as long as short |
| RISEx QQQ/USDC | +0.0168% | 1h | 744.80 | +0.057% | $5.4M | $8.2M | 25x | as long as short |
| edgeX QQQUSDCshort | +0.0216% | 4h | 744.53 | +0.020% | $761K | $337K | 20x | |
| Phoenix QQQ | +0.0258% | 1h | 744.24 | −0.019% | $38K | $66K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0371% | 8h | 744.88 | +0.067% | $318K | $1.8M | 10x | as long as short |
KuCoin QQQUSDTM
edgeX QQQUSDC
GMX QQQ/USD [ETH-USDC]
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDT
BloFin QQQ-USDT
Aster QQQUSDT
Bybit QQQUSDT
Lighter QQQ
Lighter RH QQQ
Coinbase International QQQ-PERP-INTX
Variational Omni QQQ
Binance QQQUSDT
ApeX Omni QQQUSDT
Deribit QQQ_USDC-PERPETUAL
Bitget QQQUSDT
RISEx QQQ/USDC
Phoenix QQQ
GRVT QQQ_USDT_Perp