Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.010%
Price spread now: Gate against OKX−0.035%7-day average −0.016% · 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−$34as in the Price arb table
costs, in and out, $10k−$320.323% of the position
Funding, last 7 days−0.057%−$6 on $10k
+Price spread, last 7 days+0.087%+$9 · spread now −0.035%, 7d avg −0.016%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX QQQ-USDT-SWAP | 739.95 | 0 | get 0.0000% / 8h | 7h 36m | $21.6M | $28.2M | 50x |
| Short | Gate QQQ_USDT | 739.69 | 0 | get 0.0000% / 8h | 7h 36m | $3.4M | $20.6M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $0
- Price spread: −0.035% → −0.016%
- −$1.91
- Slippage, 4 orders
- −$7.31
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$34.22
- Costs to cover
- 0.323%
- Break-even
- never at this rate
Slippage from OKX: live order book, 2 min ago; Gate: live order book, 2 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, 2 min ago | 0.07 bp | 5.1 bp −$5 | 6.3 bp −$63 | 13.5 bp −$1,350 | doesn't fit |
| Sell Gate live order book, 2 min ago | 0.14 bp | 10.7 bp −$11 | 15.4 bp −$154 | 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 −0.0184% / S +0.0270% | 1h | 740.39 | +0.060% | $25K | — | 26x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 740.31 | +0.049% | $822K | $865K | 20x | as long as short |
| OKX QQQ-USDT-SWAPlong | 0.0000% | 8h | 739.95 | long leg | $21.6M | $28.2M | 50x | |
| RISEx QQQ/USDC | 0.0000% | 1h | 740.14 | +0.026% | $5.4M | $5.7M | 25x | as long as short |
| Gate QQQ_USDTshort | 0.0000% | 8h | 739.69 | −0.035% | $3.4M | $20.6M | 50x | |
| Bitget QQQUSDT | 0.0000% | 8h | 740.42 | +0.064% | $16.5M | $5.1M | 20x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 740.83 | +0.119% | $1K | $1.7M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 740.70 | +0.101% | $250K | $41K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 740.83 | +0.119% | $365K | $1.6M | 10x | as long as short |
| Variational Omni QQQ | +0.0001% | 8h | 740.33 | +0.052% | $16.7M | $7.2M | — | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin QQQ-USDT | +0.0006% | 8h | 740.22 | +0.036% | $1.1M | $274K | 20x | as long as short |
| edgeX QQQUSDC | +0.0010% | 4h | 740.44 | +0.066% | $757K | $335K | 20x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0024% | 1h | 739.68 | −0.036% | $1.2M | $492K | 20x | as long as short |
| Bybit QQQUSDT | +0.0030% | 8h | 740.30 | +0.047% | $10.7M | $5.0M | 50x | as long as short |
| Binance QQQUSDT | +0.0031% | 8h | 740.24 | +0.039% | $70.0M | $139.6M | 25x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 740.00 | +0.007% | $7.6M | $15.2M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 740.41 | +0.062% | $37.5M | $79.5M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 739.56 | −0.053% | $646K | $1.7M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 741.26 | +0.177% | — | $337K | 50x | as long as short |
| Ondo Perps QQQ-USD.P | +0.0050% | 1h | 739.24 | −0.096% | $4.2M | $1.8M | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0061% | 1h | 740.07 | +0.016% | $423K | $157K | 20x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 739.93 | −0.003% | $3.4M | $380K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 739.90 | −0.007% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 740.09 | +0.019% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 739.58 | −0.051% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0150% | 1h | 739.96 | +0.001% | $1.6M | $742K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0184% | 8h | 740.55 | +0.081% | $326K | $2.0M | 10x | as long as short |
| Phoenix QQQ | +0.0248% | 1h | 740.22 | +0.036% | $38K | $65K | 20x | as long as short |
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
GMX QQQ/USD [ETH-USDC]
Aster QQQUSDT
RISEx QQQ/USDC
Bitget QQQUSDT
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDT
Variational Omni QQQ
BloFin QQQ-USDT
edgeX QQQUSDC
Coinbase International QQQ-PERP-INTX
Bybit QQQUSDT
Binance QQQUSDT
Lighter QQQ
Lighter RH QQQ
Deribit QQQ_USDC-PERPETUAL
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
GRVT QQQ_USDT_Perp
Phoenix QQQ