Funding you earn now, next payment 08:00 UTC+0.0024%/8h= +2.6% APRnext payment +$0.24 per $10,000 · paid last 24h +0.026%
Price spread now: Binance against SunX−0.040%7-day average −0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$740.738% of the position
Funding, last 7 days−0.032%−$3 on $10k
+Price spread, last 4 days (all we have)−0.013%−$1 · spread now −0.040%, 7d avg −0.055%
=The price spread sits at its 7-day average of −0.055%, 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 | 742.02 | 0 | get 0.0000% / 8h | 10m 45s | $2K | $1.7M | 10x |
| Short | Binance QQQUSDT | 741.72 | 0.0024 | get 0.0024% / 8h | 10m 45s | $70.3M | $140.9M | 25x |
SunX QQQ-USDT
Binance QQQUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $5.02
- Price spread: −0.040% → −0.055%
- $1.48
- Slippage, 4 orders
- −$55.78
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$67.28
- Costs to cover
- 0.738%
- Break-even
- 100.8 days
Slippage from SunX: live order book, 5 min ago; Binance: 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 SunX live order book, 5 min ago | 21.62 bp | 25.6 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 2 min ago | 0.07 bp | 5.1 bp −$5 | 5.7 bp −$57 | 11.0 bp −$1,102 | 28.9 bp −$14.5K |
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 −0.0177% / S +0.0265% | 1h | 741.66 | −0.048% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0140% | 1h | 740.49 | −0.206% | $4.2M | $1.8M | 20x | as long as short |
| Gate QQQ_USDT | −0.0093% | 8h | 741.21 | −0.109% | $3.3M | $21.7M | 50x | as long as short |
| BloFin QQQ-USDT | −0.0008% | 8h | 741.40 | −0.084% | $1.1M | $274K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 741.68 | −0.046% | $824K | $864K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 741.63 | −0.053% | $10.7M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 741.41 | −0.082% | $21.4M | $28.3M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 741.41 | −0.082% | $5.4M | $5.9M | 25x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 741.78 | −0.032% | $16.5M | $5.3M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 741.57 | −0.060% | $16.8M | $7.2M | — | as long as short |
GMX QQQ/USD [ETH-USDC]
Ondo Perps QQQ-USD.P
Gate QQQ_USDT
BloFin QQQ-USDT
Aster QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Bitget QQQUSDT
Variational Omni QQQShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX QQQ-USDTlong | 0.0000% | 8h | 742.02 | long leg | $2K | $1.7M | 10x | |
| HTX QQQ-USDT | 0.0000% | 8h | 741.93 | −0.012% | $250K | $41K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 742.01 | −0.001% | $361K | $1.6M | 10x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0016% | 1h | 741.15 | −0.117% | $1.2M | $488K | 20x | as long as short |
| Binance QQQUSDTshort | +0.0024% | 8h | 741.72 | −0.040% | $70.3M | $140.9M | 25x | |
| edgeX QQQUSDC | +0.0027% | 4h | 741.76 | −0.035% | $758K | $337K | 20x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 741.42 | −0.081% | $7.7M | $15.4M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 741.75 | −0.036% | $37.3M | $81.2M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 740.88 | −0.154% | $647K | $1.7M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 742.60 | +0.078% | — | $337K | 50x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 741.20 | −0.111% | $3.4M | $352K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 741.53 | −0.066% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 741.37 | −0.088% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 740.93 | −0.147% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0139% | 1h | 741.24 | −0.105% | $1.6M | $746K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0143% | 8h | 742.13 | +0.015% | $315K | $2.0M | 10x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0155% | 1h | 741.31 | −0.096% | $423K | $156K | 20x | as long as short |
| Phoenix QQQ | +0.0227% | 1h | 741.64 | −0.051% | $38K | $65K | 20x | as long as short |
HTX QQQ-USDT
Phemex QQQUSDT
Coinbase International QQQ-PERP-INTX
edgeX QQQUSDC
Lighter QQQ
Lighter RH QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Nado QQQ-PERP
GRVT QQQ_USDT_Perp
Deribit QQQ_USDC-PERPETUAL
Phoenix QQQ