Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Phemex−0.085%7-day average −0.071% · you buy dearer than you sell
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$850.854% of the position
Funding, last 7 days−0.011%−$1 on $10k
+Price spread, last 4 days (all we have)−0.007%−$1 · spread now −0.085%, 7d avg −0.071%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex QQQUSDT | 743.74 | 0 | get 0.0000% / 8h | 3h 44m | $361K | $1.6M | 10x |
| Short | Gate QQQ_USDT | 743.11 | 0 | get 0.0000% / 8h | 3h 44m | $3.3M | $20.8M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Phemex. 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: −0.085% → −0.071%
- −$1.35
- Slippage, 4 orders
- −$58.36
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$86.71
- Costs to cover
- 0.854%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 4 min ago; Gate: 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 Phemex live order book, 4 min ago | 1.21 bp | 32.2 bp −$32 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 5 min ago | 1.55 bp | 10.6 bp −$11 | 15.1 bp −$151 | 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 −0.0132% / S +0.0230% | 1h | 743.63 | −0.015% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0032% | 1h | 742.52 | −0.164% | $4.2M | $1.8M | 20x | as long as short |
| BloFin QQQ-USDT | −0.0029% | 8h | 743.43 | −0.042% | $1.1M | $256K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 743.69 | −0.007% | $840K | $714K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 743.62 | −0.016% | $10.7M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 743.43 | −0.042% | $21.4M | $26.9M | 50x | as long as short |
| Gate QQQ_USDTshort | 0.0000% | 8h | 743.11 | −0.085% | $3.3M | $20.8M | 50x | |
| Bitget QQQUSDT | 0.0000% | 8h | 743.74 | 0.000% | $16.9M | $5.5M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 743.66 | −0.010% | $17.1M | $7.4M | — | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 744.08 | +0.046% | $2K | $1.9M | 10x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International QQQ-PERP-INTX | 0.0000% | 1h | 742.64 | −0.148% | $1.2M | $536K | 20x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 743.82 | +0.011% | $257K | $29K | 30x | as long as short |
| Phemex QQQUSDTlong | 0.0000% | 8h | 743.74 | long leg | $361K | $1.6M | 10x | |
| Binance QQQUSDT | +0.0009% | 8h | 743.62 | −0.016% | $70.9M | $141.2M | 25x | as long as short |
| RISEx QQQ/USDC | +0.0010% | 1h | 743.70 | −0.005% | $5.4M | $7.3M | 25x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 743.52 | −0.030% | $7.7M | $15.8M | 30x | as long as short |
| Lighter RH QQQ | +0.0040% | 1h | 743.93 | +0.026% | $37.0M | $78.4M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 742.92 | −0.110% | $703K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 744.63 | +0.120% | — | $337K | 50x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0059% | 1h | 743.43 | −0.042% | $425K | $150K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0079% | 8h | 743.34 | −0.054% | $326K | $1.9M | 10x | as long as short |
| Nado QQQ-PERP | +0.0092% | 1h | 743.34 | −0.054% | $1.5M | $779K | 20x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 743.33 | −0.055% | $3.4M | $342K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 743.43 | −0.042% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 743.37 | −0.050% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 742.83 | −0.123% | $92K | $1K | 10x | as long as short |
| Phoenix QQQ | +0.0118% | 1h | 743.26 | −0.065% | $38K | $66K | 20x | as long as short |
| edgeX QQQUSDC | +0.0750% | 4h | 743.65 | −0.013% | $760K | $336K | 20x | as long as short |
Phemex QQQUSDT
Gate QQQ_USDT
GMX QQQ/USD [ETH-USDC]
BloFin QQQ-USDT
Aster QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
Bitget QQQUSDT
Variational Omni QQQ
SunX QQQ-USDT
Coinbase International QQQ-PERP-INTX
HTX QQQ-USDT
Binance QQQUSDT
RISEx QQQ/USDC
Lighter QQQ
Lighter RH QQQ
Deribit QQQ_USDC-PERPETUAL
GRVT QQQ_USDT_Perp
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Phoenix QQQ
edgeX QQQUSDC