Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.022%
Price spread now: OKX against Binance+0.038%7-day average +0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$270.267% of the position
Funding, last 7 days+0.074%+$7 on $10k
+Price spread, last 2 days (all we have)−0.027%−$3 · spread now +0.038%, 7d avg +0.043%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance TQQQUSDT | 79.630 | 0 | get 0.0000% / 8h | 5h 50m | $18.3M | $47.7M | 20x |
| Short | OKX TQQQ-USDT-SWAP | 79.660 | 0 | get 0.0000% / 8h | 5h 50m | $2.5M | $5.3M | 10x |
Binance TQQQUSDT
OKX TQQQ-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Binance. 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: +0.038% → +0.043%
- −$0.49
- Slippage, 4 orders
- −$6.66
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$27.14
- Costs to cover
- 0.267%
- Break-even
- never at this rate
Slippage from Binance: live order book, 7 min ago; OKX: 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 Binance live order book, 7 min ago | 0.63 bp | 6.2 bp −$6 | 12.9 bp −$129 | 58.2 bp −$5,817 | doesn't fit |
| Sell OKX live order book, 2 min ago | 0.63 bp | 7.0 bp −$7 | 32.2 bp −$322 | doesn't fit | doesn't fit |
TQQQ on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster TQQQUSDT | 0.0000% | 8h | 79.563 | −0.084% | $70K | $145K | 20x | as long as short |
| Binance TQQQUSDTlong | 0.0000% | 8h | 79.630 | long leg | $18.3M | $47.7M | 20x | |
| Bybit TQQQUSDT | 0.0000% | 8h | 79.690 | +0.075% | $3.0M | $6.4M | 25x | as long as short |
| OKX TQQQ-USDT-SWAPshort | 0.0000% | 8h | 79.660 | +0.038% | $2.5M | $5.3M | 10x | |
| MEXC TQQQ_USDT | 0.0000% | 8h | 79.650 | +0.025% | $1.6M | $216K | 20x | as long as short |
| Bitget TQQQUSDT | 0.0000% | 8h | 79.670 | +0.050% | $7.7M | $2.9M | 20x | as long as short |
| GRVT TQQQ_USDT_Perp | 0.0000% | 8h | 79.665 | +0.043% | $1K | $99K | 10x | as long as short |
| HTX TQQQ-USDT | 0.0000% | 8h | 79.640 | +0.013% | $14K | $10K | 10x | as long as short |
| KuCoin TQQQUSDTM | +0.0021% | 8h | 79.620 | −0.013% | $181K | $753K | 10x | as long as short |
| Orderly PERP_TQQQ_USDC_mythos | +0.0100% | 8h | 79.640 | +0.013% | $5 | — | 10x | as long as short |
Aster TQQQUSDT
Bybit TQQQUSDT
MEXC TQQQ_USDT
Bitget TQQQUSDT
GRVT TQQQ_USDT_Perp
HTX TQQQ-USDT
KuCoin TQQQUSDTM
Orderly PERP_TQQQ_USDC_mythos