Funding you earn now, next payment 08:00 UTC+0.0014%/8h= +1.6% APRpaid last 24h +0.062%
Price spread now: edgeX against OKX+0.037%7-day average −0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$280.278% of the position
Funding, last 7 days+0.061%+$6 on $10k
+Price spread, last 4 days (all we have)−0.050%−$5 · spread now +0.037%, 7d avg −0.009%
=Together, before fees+0.011%+ Points / potential airdropedgeX: Active · farm board+$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and edgeX is 0.046% dearer against OKX than usual: you sell high and buy low: +$5 more if the spread 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 | OKX QQQ-USDT-SWAP | 742.43 | 0 | get 0.0000% / 8h | 3h 03m | $21.6M | $27.5M | 50x |
| Short | edgeX QQQUSDC | 742.71 | 0.0014 | get 0.0007% / 4h | 3h 03m | $759K | $335K | 20x |
OKX QQQ-USDT-SWAP
edgeX QQQUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against OKX. 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
- $2.99
- Price spread: +0.037% → −0.009%
- $4.6
- Slippage, 4 orders
- −$8.84
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$20.24
- Costs to cover
- 0.278%
- Break-even
- 54.3 days
Slippage from OKX: live order book, 1 min ago; edgeX: live order book, 51 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 OKX live order book, 1 min ago | 0.07 bp | 5.1 bp −$5 | 5.8 bp −$58 | 12.9 bp −$1,293 | doesn't fit |
| Sell edgeX live order book, 51 min ago | 4.10 bp | 8.7 bp −$9 | 9.7 bp −$97 | 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 −0.0141% / S +0.0237% | 1h | 742.70 | +0.036% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0010% | 1h | 741.70 | −0.098% | $4.2M | $1.8M | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 742.72 | +0.039% | $824K | $857K | 20x | as long as short |
| Binance QQQUSDT | 0.0000% | 8h | 742.70 | +0.036% | $69.9M | $143.8M | 25x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 742.71 | +0.038% | $10.7M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAPlong | 0.0000% | 8h | 742.43 | long leg | $21.6M | $27.5M | 50x | |
| Gate QQQ_USDT | 0.0000% | 8h | 742.06 | −0.050% | $3.3M | $21.3M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 742.89 | +0.062% | $16.7M | $5.6M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 742.76 | +0.044% | $17.1M | $7.2M | — | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 743.22 | +0.106% | $2K | $1.9M | 10x | as long as short |
GMX QQQ/USD [ETH-USDC]
Ondo Perps QQQ-USD.P
Aster QQQUSDT
Binance QQQUSDT
Bybit QQQUSDT
Gate QQQ_USDT
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit QQQ_USDC-PERPETUAL | 0.0000% | 1h | 742.41 | −0.003% | $424K | $151K | 20x | as long as short |
| Coinbase International QQQ-PERP-INTX | 0.0000% | 1h | 742.24 | −0.026% | $1.2M | $539K | 20x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 742.85 | +0.057% | $257K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 742.93 | +0.067% | $363K | $1.6M | 10x | as long as short |
| RISEx QQQ/USDC | +0.0010% | 1h | 742.79 | +0.048% | $5.4M | $7.2M | 25x | as long as short |
| edgeX QQQUSDCshort | +0.0014% | 4h | 742.71 | +0.037% | $759K | $335K | 20x | |
| BloFin QQQ-USDT | +0.0024% | 8h | 742.86 | +0.058% | $1.1M | $246K | 20x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 742.51 | +0.011% | $7.6M | $15.9M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 742.94 | +0.069% | $37.0M | $79.6M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 742.02 | −0.055% | $703K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 743.68 | +0.168% | — | $337K | 50x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0074% | 8h | 743.00 | +0.077% | $320K | $1.9M | 10x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 742.40 | −0.004% | $3.4M | $345K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 742.35 | −0.011% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 742.44 | +0.001% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 741.96 | −0.064% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0105% | 1h | 742.45 | +0.003% | $1.5M | $763K | 20x | as long as short |
| Phoenix QQQ | +0.0118% | 1h | 742.50 | +0.009% | $38K | $66K | 20x | as long as short |
Deribit QQQ_USDC-PERPETUAL
Coinbase International QQQ-PERP-INTX
HTX QQQ-USDT
Phemex QQQUSDT
RISEx QQQ/USDC
BloFin QQQ-USDT
Lighter QQQ
Lighter RH QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
GRVT QQQ_USDT_Perp
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Nado QQQ-PERP
Phoenix QQQ