Funding you earn now, next payment 08:00 UTC−0.0008%/8h= −0.9% APRpaid last 24h +0.015%
Price spread now: BloFin against Lighter RH−0.043%7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$130.130% of the position
Funding, last 7 days−0.253%−$25 on $10k
+Price spread, last 4 days (all we have)+0.088%+$9 · spread now −0.043%, 7d avg +0.009%
=Together, before fees−0.165%+ Points / potential airdropLighter RH: Points live · farm board−$16 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.052% cheaper against Lighter RH than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.009%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH QQQ | 741.84 | 0.0032 | pay 0.0004% / 1h | 32m 42s | $37.3M | $80.2M | 50x |
| Short | BloFin QQQ-USDT | 741.52 | 0.0024 | get 0.0024% / 8h | 32m 42s | $1.1M | $274K | 20x |
Lighter RH QQQ
BloFin QQQ-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Lighter RH. 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
- −$1.68
- Price spread: −0.043% → +0.009%
- −$5.22
- Slippage, 4 orders
- −$1
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$19.89
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage from Lighter RH: live order book, 6 min ago; BloFin: 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 Lighter RH live order book, 6 min ago | 0.07 bp | 0.4 bp $0 | 1.1 bp −$11 | 9.4 bp −$941 | doesn't fit |
| Sell BloFin live order book, 5 min ago | 0.14 bp | 6.1 bp −$6 | 7.2 bp −$72 | 10.6 bp −$1,064 | 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 | −0.0173% | 1h | 740.14 | −0.229% | $4.2M | $1.8M | 20x | as long as short |
| GMX QQQ/USD [ETH-USDC] | L −0.0172% / S +0.0261% | 1h | 741.76 | −0.010% | $25K | — | 26x | as long as short |
| Gate QQQ_USDT | −0.0074% | 8h | 741.40 | −0.059% | $3.3M | $21.6M | 50x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 741.80 | −0.006% | $821K | $861K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 741.74 | −0.013% | $10.7M | $5.1M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 741.50 | −0.046% | $21.4M | $28.4M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 741.51 | −0.044% | $5.4M | $6.3M | 25x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 741.90 | +0.008% | $16.5M | $5.4M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 741.73 | −0.015% | $16.8M | $7.2M | — | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 742.56 | +0.097% | $2K | $1.8M | 10x | as long as short |
Ondo Perps QQQ-USD.P
GMX QQQ/USD [ETH-USDC]
Gate QQQ_USDT
Aster QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Bitget QQQUSDT
Variational Omni QQQ
SunX QQQ-USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX QQQ-USDT | 0.0000% | 8h | 742.04 | +0.027% | $251K | $41K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 742.01 | +0.023% | $361K | $1.6M | 10x | as long as short |
| Binance QQQUSDT | +0.0012% | 8h | 741.81 | −0.004% | $70.2M | $142.0M | 25x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0016% | 1h | 741.51 | −0.044% | $1.2M | $491K | 20x | as long as short |
| BloFin QQQ-USDTshort | +0.0024% | 8h | 741.52 | −0.043% | $1.1M | $274K | 20x | |
| Lighter QQQ | +0.0032% | 1h | 741.56 | −0.038% | $7.7M | $15.3M | 30x | as long as short |
| Lighter RH QQQlong | +0.0032% | 1h | 741.84 | long leg | $37.3M | $80.2M | 50x | |
| Arcus QQQ-USD | +0.0040% | 1h | 741.20 | −0.086% | $644K | $1.7M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 742.71 | +0.117% | — | $337K | 50x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 741.36 | −0.065% | $3.4M | $360K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 741.49 | −0.047% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 741.46 | −0.051% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 741.01 | −0.112% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0121% | 1h | 741.34 | −0.067% | $1.6M | $763K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0130% | 8h | 742.08 | +0.033% | $325K | $2.0M | 10x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0222% | 1h | 741.52 | −0.043% | $424K | $156K | 20x | as long as short |
| Phoenix QQQ | +0.0227% | 1h | 741.51 | −0.044% | $38K | $65K | 20x | as long as short |
| edgeX QQQUSDC | +0.0600% | 4h | 741.80 | −0.005% | $758K | $335K | 20x | as long as short |
HTX QQQ-USDT
Phemex QQQUSDT
Binance QQQUSDT
Coinbase International QQQ-PERP-INTX
Lighter QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Nado QQQ-PERP
GRVT QQQ_USDT_Perp
Deribit QQQ_USDC-PERPETUAL
Phoenix QQQ
edgeX QQQUSDC