QQQ

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%

Price spread now: KuCoin against SunX−0.114%7-day average −0.089% · you buy dearer than you sell

Net, funding: paid 7d − costs−$72as in the Funding arb table

Net, price: spread back to 7d avg − costs−$94as in the Price arb table

costs, in and out, $10k−$920.919% of the position

Long on SunX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.203%+$20 on $10k

Price spread, last 4 days (all we have)+0.020%+$2 · spread now −0.114%, 7d avg −0.089%

Together, before fees+0.223%+$22 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.026% cheaper against SunX than usual: you would sell low and buy high (spread −0.114% now, against its 7-day average of −0.089%). If the spread goes back, that is −$3 on $10k: about 21 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX QQQ-USDT	743.64	0	get 0.0000% / 8h	2h 07m	$2K	$1.8M	10x
Short	KuCoin QQQUSDTM	742.79	0.0100	get 0.0100% / 8h	2h 07m	$3.4M	$364K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against SunX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee SunXbpFee KuCoinbpOrdersPrice spread, now −0.114%Rate

Funding earned: $21
Price spread: −0.114% → −0.089%: −$2.57
Slippage, 4 orders: −$71.9
Fee SunX: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$73.47
Costs to cover: 0.919%
Break-even: 31.5 days

Slippage from SunX: live order book, 8 min ago; KuCoin: live order book, 4 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, 8 min ago	21.59 bp	25.6 bp −$26	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 4 min ago	2.15 bp	20.0 bp −$20	136.1 bp −$1,361	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 −0.0152% / S +0.0246%	1h	743.21	−0.058%	$25K	—	26x	as long as short
Ondo Perps QQQ-USD.P	−0.0004%	1h	741.94	−0.229%	$4.2M	$1.8M	20x	as long as short
BloFin QQQ-USDT	−0.0004%	8h	742.84	−0.108%	$1.1M	$278K	20x	as long as short
Aster QQQUSDT	0.0000%	8h	742.79	−0.114%	$824K	$857K	20x	as long as short
Binance QQQUSDT	0.0000%	8h	743.18	−0.062%	$70.0M	$145.1M	25x	as long as short
Bybit QQQUSDT	0.0000%	8h	743.21	−0.058%	$10.6M	$5.2M	50x	as long as short
OKX QQQ-USDT-SWAP	0.0000%	8h	743.03	−0.082%	$21.5M	$28.3M	50x	as long as short
RISEx QQQ/USDC	0.0000%	1h	743.20	−0.060%	$5.4M	$6.7M	25x	as long as short
Gate QQQ_USDT	0.0000%	8h	742.48	−0.156%	$3.3M	$21.4M	50x	as long as short
Bitget QQQUSDT	0.0000%	8h	743.30	−0.046%	$16.6M	$5.6M	20x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni QQQ	0.0000%	8h	743.18	−0.061%	$16.9M	$7.3M	—	as long as short
SunX QQQ-USDTlong	0.0000%	8h	743.64	long leg	$2K	$1.8M	10x
Coinbase International QQQ-PERP-INTX	0.0000%	1h	742.77	−0.117%	$1.2M	$541K	20x	as long as short
HTX QQQ-USDT	0.0000%	8h	743.39	−0.034%	$251K	$41K	30x	as long as short
Phemex QQQUSDT	0.0000%	8h	743.54	−0.013%	$360K	$1.6M	10x	as long as short
Lighter QQQ	+0.0032%	1h	742.99	−0.087%	$7.6M	$15.8M	30x	as long as short
Lighter RH QQQ	+0.0032%	1h	743.33	−0.042%	$37.0M	$81.0M	50x	as long as short
Arcus QQQ-USD	+0.0040%	1h	742.18	−0.196%	$689K	$1.6M	25x	as long as short
Vest QQQ-USD-PERP	+0.0046%	1h	744.11	+0.063%	—	$337K	50x	as long as short
GRVT QQQ_USDT_Perp	+0.0095%	8h	743.38	−0.035%	$316K	$2.0M	10x	as long as short
KuCoin QQQUSDTMshort	+0.0100%	8h	742.79	−0.114%	$3.4M	$364K	20x
ApeX Omni QQQUSDT	+0.0100%	1h	742.75	−0.120%	$20K	$2.2M	50x	as long as short
Orderly PERP_QQQ_USDC_mythos	+0.0100%	8h	742.91	−0.098%	$12K	$21K	20x	as long as short
Deribit QQQ_USDC-PERPETUAL	+0.0100%	1h	742.97	−0.090%	$424K	$152K	20x	as long as short
Aevo QQQ-PERP	+0.0104%	1h	742.40	−0.167%	$92K	$1K	10x	as long as short
Nado QQQ-PERP	+0.0121%	1h	742.93	−0.095%	$1.5M	$749K	20x	as long as short
Phoenix QQQ	+0.0129%	1h	742.54	−0.148%	$38K	$66K	20x	as long as short
edgeX QQQUSDC	+0.0987%	4h	743.21	−0.058%	$760K	$334K	20x	as long as short