Funding you earn now, next payment 05:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h +0.010%
Price spread now: Arcus against SunX−0.187%7-day average −0.189% · 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−$74as in the Price arb table
costs, in and out, $10k−$750.746% of the position
Funding, last 4 days (all we have)+0.033%+$3 on $10k
+Price spread, last 4 days (all we have)+0.002%$0 · spread now −0.187%, 7d avg −0.189%
=The price spread sits at its 7-day average of −0.189%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX QQQ-USDT | 743.69 | 0 | get 0.0000% / 8h | 3h 15m | $1K | $1.9M | 10x |
| Short | Arcus QQQ-USD | 742.30 | 0.0040 | get 0.0005% / 1h | 15m 31s | $705K | $1.6M | 25x |
SunX QQQ-USDT
Arcus QQQ-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against SunX. 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
- $8.46
- Price spread: −0.187% → −0.189%
- $0.23
- Slippage, 4 orders
- −$62.07
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$65.89
- Costs to cover
- 0.746%
- Break-even
- 61.5 days
Slippage from SunX: live order book, just now; Arcus: live order book, 3 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 SunX live order book, just now | 21.65 bp | 25.6 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
| Sell Arcus live order book, 3 min ago | 0.54 bp | 5.2 bp −$5 | 10.9 bp −$109 | 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 −0.0138% / S +0.0235% | 1h | 743.25 | −0.058% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0022% | 1h | 742.45 | −0.167% | $4.2M | $1.8M | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 742.86 | −0.112% | $824K | $857K | 20x | as long as short |
| Binance QQQUSDT | 0.0000% | 8h | 743.23 | −0.062% | $70.3M | $142.8M | 25x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 743.26 | −0.058% | $10.7M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 742.98 | −0.095% | $21.5M | $27.3M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 742.67 | −0.137% | $3.3M | $21.2M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 743.32 | −0.050% | $16.9M | $5.5M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 743.13 | −0.075% | $17.1M | $7.3M | — | as long as short |
| SunX QQQ-USDTlong | 0.0000% | 8h | 743.69 | long leg | $1K | $1.9M | 10x |
GMX QQQ/USD [ETH-USDC]
Ondo Perps QQQ-USD.P
Aster QQQUSDT
Binance QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
Bitget QQQUSDT
Variational Omni QQQShow 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 | 742.78 | −0.122% | $1.2M | $537K | 20x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 743.43 | −0.035% | $257K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 743.45 | −0.032% | $360K | $1.6M | 10x | as long as short |
| BloFin QQQ-USDT | +0.0002% | 8h | 743.11 | −0.078% | $1.1M | $246K | 20x | as long as short |
| RISEx QQQ/USDC | +0.0010% | 1h | 743.31 | −0.051% | $5.4M | $7.3M | 25x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 743.08 | −0.082% | $7.7M | $15.8M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 743.43 | −0.035% | $37.0M | $79.4M | 50x | as long as short |
| Arcus QQQ-USDshort | +0.0040% | 1h | 742.30 | −0.187% | $705K | $1.6M | 25x | |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 744.14 | +0.061% | — | $337K | 50x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0067% | 8h | 743.40 | −0.039% | $321K | $1.9M | 10x | as long as short |
| Nado QQQ-PERP | +0.0084% | 1h | 742.85 | −0.113% | $1.5M | $757K | 20x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 742.87 | −0.110% | $3.4M | $342K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 742.84 | −0.114% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 742.97 | −0.097% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 742.44 | −0.167% | $92K | $1K | 10x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0114% | 1h | 742.98 | −0.095% | $424K | $151K | 20x | as long as short |
| Phoenix QQQ | +0.0118% | 1h | 742.48 | −0.163% | $38K | $66K | 20x | as long as short |
| edgeX QQQUSDC | +0.0856% | 4h | 743.06 | −0.084% | $760K | $336K | 20x | as long as short |
Coinbase International QQQ-PERP-INTX
HTX QQQ-USDT
Phemex QQQUSDT
BloFin QQQ-USDT
RISEx QQQ/USDC
Lighter QQQ
Lighter RH QQQ
Vest QQQ-USD-PERP
GRVT QQQ_USDT_Perp
Nado QQQ-PERP
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Deribit QQQ_USDC-PERPETUAL
Phoenix QQQ
edgeX QQQUSDC