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: SunX against KuCoin+0.106%7-day average +0.088% · you sell dearer than you buy
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$880.881% of the position
Funding, last 7 days−0.203%−$20 on $10k
+Price spread, last 4 days (all we have)+0.029%+$3 · spread now +0.106%, 7d avg +0.088%
=The price spread sits at its 7-day average of +0.088%, 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 | KuCoin QQQUSDTM | 744.12 | 0.0100 | pay 0.0100% / 8h | 4h 33m | $3.4M | $386K | 20x |
| Short | SunX QQQ-USDT | 744.91 | 0 | get 0.0000% / 8h | 4h 33m | $2K | $1.9M | 10x |
KuCoin QQQUSDTM
SunX QQQ-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$21
- Price spread: +0.106% → +0.088%
- $1.79
- Slippage, 4 orders
- −$68.14
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$107.35
- Costs to cover
- 0.881%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 4 min ago; SunX: 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, 4 min ago | 1.54 bp | 10.7 bp −$11 | 82.9 bp −$829 | doesn't fit | doesn't fit |
| Sell SunX live order book, 3 min ago | 21.61 bp | 38.1 bp −$38 | doesn't fit | 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 | −0.0148% | 1h | 743.21 | −0.122% | $4.2M | $1.8M | 20x | as long as short |
| GMX QQQ/USD [ETH-USDC] | L −0.0122% / S +0.0222% | 1h | 744.47 | +0.046% | $25K | — | 26x | as long as short |
| BloFin QQQ-USDT | −0.0023% | 8h | 744.29 | +0.023% | $1.1M | $271K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 744.46 | +0.045% | $841K | $714K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 744.36 | +0.032% | $10.7M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 744.29 | +0.023% | $21.5M | $26.9M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 744.54 | +0.056% | $5.4M | $7.5M | 25x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 743.84 | −0.038% | $3.3M | $20.8M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 744.61 | +0.066% | $16.9M | $5.7M | 20x | as long as short |
| SunX QQQ-USDTshort | 0.0000% | 8h | 744.91 | +0.106% | $2K | $1.9M | 10x |
Ondo Perps QQQ-USD.P
GMX QQQ/USD [ETH-USDC]
BloFin QQQ-USDT
Aster QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Gate QQQ_USDT
Bitget QQQUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX QQQ-USDT | 0.0000% | 8h | 744.81 | +0.093% | $257K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 744.78 | +0.089% | $363K | $1.5M | 10x | as long as short |
| Variational Omni QQQ | +0.0002% | 8h | 744.38 | +0.036% | $17.1M | $7.5M | — | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0008% | 1h | 743.96 | −0.022% | $1.2M | $536K | 20x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 744.27 | +0.020% | $7.7M | $16.3M | 30x | as long as short |
| Binance QQQUSDT | +0.0039% | 8h | 744.47 | +0.047% | $71.1M | $141.7M | 25x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 743.77 | −0.047% | $700K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 745.46 | +0.180% | — | $337K | 50x | as long as short |
| Lighter RH QQQ | +0.0048% | 1h | 744.74 | +0.083% | $36.9M | $79.0M | 50x | as long as short |
| Nado QQQ-PERP | +0.0096% | 1h | 744.09 | −0.003% | $1.5M | $876K | 20x | as long as short |
| KuCoin QQQUSDTMlong | +0.0100% | 8h | 744.12 | long leg | $3.4M | $386K | 20x | |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 744.09 | −0.004% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 744.19 | +0.009% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 743.65 | −0.063% | $93K | $1K | 10x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0110% | 8h | 744.58 | +0.062% | $324K | $1.9M | 10x | as long as short |
| edgeX QQQUSDC | +0.0111% | 4h | 744.37 | +0.034% | $761K | $335K | 20x | as long as short |
| Phoenix QQQ | +0.0129% | 1h | 744.01 | −0.015% | $38K | $66K | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0315% | 1h | 744.41 | +0.039% | $425K | $149K | 20x | as long as short |
HTX QQQ-USDT
Phemex QQQUSDT
Variational Omni QQQ
Coinbase International QQQ-PERP-INTX
Lighter QQQ
Binance QQQUSDT
Arcus QQQ-USD
Vest QQQ-USD-PERP
Lighter RH QQQ
Nado QQQ-PERP
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
GRVT QQQ_USDT_Perp
edgeX QQQUSDC
Phoenix QQQ
Deribit QQQ_USDC-PERPETUAL