Funding you earn now, next payment 05:00 UTC−0.0037%/8h= −4.1% APRpaid last 24h −0.029%
Price spread now: BloFin against RISEx−0.011%97s7-day average −0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$190.188% of the position
Funding, last 4 days (all we have)−0.241%−$24 on $10k
+Price spread, last 4 days (all we have)+0.014%+$1 · spread now −0.011%, 7d avg −0.037%
=The price spread pays, funding is against you. BloFin is 0.027% dearer against RISEx than usual: you sell high and buy low (spread −0.011% now, against its 7-day average of −0.037%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2.4 days. At the pace of the last 4 days (−0.241% in total) that is about 10 hours. The two prices were read 97 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx QQQ/USDC | 743.19 | 0.0010 | pay 0.0001% / 1h | 37m 20s | $5.4M | $7.3M | 25x |
| Short | BloFin QQQ-USDT | 743.11 | −0.0027 | pay 0.0027% / 8h | 3h 37m | $1.1M | $256K | 20x |
RISEx QQQ/USDC
BloFin QQQ-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against RISEx. 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
- −$7.78
- Price spread: −0.011% → −0.037%
- $2.67
- Slippage, 4 orders
- −$0.78
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$23.89
- Costs to cover
- 0.188%
- Break-even
- never at this rate
Slippage from RISEx: live order book, 2 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 RISEx live order book, 2 min ago | 0.14 bp | 3.3 bp −$3 | 3.9 bp −$39 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 5 min ago | 0.07 bp | 6.3 bp −$6 | 7.2 bp −$72 | 10.1 bp −$1,009 | 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 −0.0134% / S +0.0231% | 1h | 743.20 | +0.001% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0043% | 1h | 742.40 | −0.106% | $4.2M | $1.8M | 20x | as long as short |
| BloFin QQQ-USDTshort | −0.0027% | 8h | 743.11 | −0.011% | $1.1M | $256K | 20x | |
| Aster QQQUSDT | 0.0000% | 8h | 743.08 | −0.014% | $840K | $714K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 743.10 | −0.012% | $10.7M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 743.01 | −0.024% | $21.4M | $26.9M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 742.77 | −0.056% | $3.3M | $20.9M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 743.27 | +0.011% | $16.9M | $5.5M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 743.22 | +0.005% | $17.1M | $7.3M | — | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 743.63 | +0.059% | $2K | $1.9M | 10x | as long as short |
GMX QQQ/USD [ETH-USDC]
Ondo Perps QQQ-USD.P
Aster QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International QQQ-PERP-INTX | 0.0000% | 1h | 742.64 | −0.074% | $1.2M | $536K | 20x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 743.57 | +0.051% | $257K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 743.17 | −0.002% | $358K | $1.6M | 10x | as long as short |
| Binance QQQUSDT | +0.0004% | 8h | 743.19 | 0.000% | $70.8M | $141.4M | 25x | as long as short |
| RISEx QQQ/USDClong | +0.0010% | 1h | 743.19 | long leg | $5.4M | $7.3M | 25x | |
| Lighter QQQ | +0.0032% | 1h | 743.00 | −0.025% | $7.7M | $15.8M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 743.41 | +0.030% | $37.0M | $78.7M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 742.55 | −0.086% | $702K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 744.19 | +0.135% | — | $337K | 50x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0071% | 8h | 743.29 | +0.014% | $315K | $1.9M | 10x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0073% | 1h | 743.01 | −0.024% | $424K | $150K | 20x | as long as short |
| Nado QQQ-PERP | +0.0092% | 1h | 742.82 | −0.050% | $1.5M | $763K | 20x | as long as short |
| edgeX QQQUSDC | +0.0096% | 4h | 743.10 | −0.011% | $760K | $334K | 20x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 742.89 | −0.040% | $3.4M | $339K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 742.79 | −0.054% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 742.92 | −0.036% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 742.38 | −0.109% | $92K | $1K | 10x | as long as short |
| Phoenix QQQ | +0.0118% | 1h | 742.77 | −0.056% | $38K | $66K | 20x | as long as short |
Coinbase International QQQ-PERP-INTX
HTX QQQ-USDT
Phemex QQQUSDT
Binance QQQUSDT
Lighter QQQ
Lighter RH QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
GRVT QQQ_USDT_Perp
Deribit QQQ_USDC-PERPETUAL
Nado QQQ-PERP
edgeX QQQUSDC
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Phoenix QQQ