QQQ

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.040%

Price spread now: Gate against KuCoin−0.001%7-day average +0.036% · you buy dearer than you sell

Net, funding: paid 7d − costs−$68as in the Funding arb table

Net, price: spread back to 7d avg − costs−$48as in the Price arb table

costs, in and out, $10k−$450.446% of the position

Long on KuCoin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.230%−$23 on $10k

Price spread, last 7 days+0.151%+$15 · spread now −0.001%, 7d avg +0.036%

Together, before fees−0.079%−$8 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Gate is 0.037% cheaper against KuCoin than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.036%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin QQQUSDTM	739.90	0.0100	pay 0.0100% / 8h	7h 20m	$3.4M	$392K	20x
Short	Gate QQQ_USDT	739.89	0	get 0.0000% / 8h	7h 20m	$3.3M	$20.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against KuCoin. 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 KuCoinbpFee GatebpOrdersPrice spread, now −0.001%Rate

Funding earned: −$21
Price spread: −0.001% → +0.036%: −$3.71
Slippage, 4 orders: −$17.56
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$69.28
Costs to cover: 0.446%
Break-even: never at this rate

Slippage from KuCoin: live order book, 7 min ago; Gate: live order book, 3 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, 7 min ago	1.76 bp	8.1 bp −$8	80.7 bp −$807	doesn't fit	doesn't fit
Sell Gate live order book, 3 min ago	2.57 bp	10.8 bp −$11	13.8 bp −$138	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
GMX QQQ/USD [ETH-USDC]	L −0.0187% / S +0.0273%	1h	740.51	+0.083%	$25K	—	26x	as long as short
BloFin QQQ-USDT	−0.0009%	8h	740.02	+0.016%	$1.1M	$278K	20x	as long as short
Aster QQQUSDT	0.0000%	8h	739.74	−0.022%	$820K	$903K	20x	as long as short
Bybit QQQUSDT	0.0000%	8h	740.63	+0.099%	$10.6M	$5.0M	50x	as long as short
OKX QQQ-USDT-SWAP	0.0000%	8h	740.22	+0.043%	$21.8M	$29.9M	50x	as long as short
RISEx QQQ/USDC	0.0000%	1h	740.23	+0.044%	$5.4M	$5.7M	25x	as long as short
Gate QQQ_USDTshort	0.0000%	8h	739.89	−0.001%	$3.3M	$20.8M	50x
Bitget QQQUSDT	0.0000%	8h	740.44	+0.073%	$16.5M	$5.1M	20x	as long as short
SunX QQQ-USDT	0.0000%	8h	740.96	+0.143%	$2K	$1.6M	10x	as long as short
Deribit QQQ_USDC-PERPETUAL	0.0000%	1h	740.17	+0.036%	$423K	$128K	20x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX QQQ-USDT	0.0000%	8h	739.76	−0.019%	$250K	$38K	30x	as long as short
Phemex QQQUSDT	0.0000%	8h	740.63	+0.099%	$364K	$1.6M	10x	as long as short
Variational Omni QQQ	+0.0003%	8h	740.38	+0.065%	$16.7M	$7.2M	—	as long as short
Coinbase International QQQ-PERP-INTX	+0.0024%	1h	739.81	−0.012%	$1.2M	$499K	20x	as long as short
Lighter QQQ	+0.0032%	1h	740.19	+0.039%	$7.6M	$15.5M	30x	as long as short
Lighter RH QQQ	+0.0032%	1h	740.64	+0.100%	$37.6M	$80.3M	50x	as long as short
Binance QQQUSDT	+0.0032%	8h	740.51	+0.082%	$70.3M	$141.0M	25x	as long as short
Arcus QQQ-USD	+0.0040%	1h	739.55	−0.047%	$647K	$1.5M	25x	as long as short
Vest QQQ-USD-PERP	+0.0046%	1h	741.46	+0.211%	—	$337K	50x	as long as short
Ondo Perps QQQ-USD.P	+0.0050%	1h	739.35	−0.074%	$4.2M	$1.8M	20x	as long as short
KuCoin QQQUSDTMlong	+0.0100%	8h	739.90	long leg	$3.4M	$392K	20x
ApeX Omni QQQUSDT	+0.0100%	1h	739.50	−0.054%	$20K	$2.2M	50x	as long as short
Orderly PERP_QQQ_USDC_mythos	+0.0100%	8h	740.11	+0.028%	$12K	$21K	20x	as long as short
Aevo QQQ-PERP	+0.0104%	1h	739.62	−0.038%	$92K	$1K	10x	as long as short
GRVT QQQ_USDT_Perp	+0.0137%	8h	740.00	+0.014%	$314K	$2.0M	10x	as long as short
Nado QQQ-PERP	+0.0150%	1h	740.09	+0.026%	$1.6M	$748K	20x	as long as short
Phoenix QQQ	+0.0248%	1h	739.00	−0.122%	$38K	$65K	20x	as long as short
edgeX QQQUSDC	+0.0541%	4h	739.75	−0.020%	$756K	$335K	20x	as long as short