Funding you earn now, next payment 08:00 UTC−0.0028%/8h= −3.1% APRnext payment −$0.28 per $10,000 · paid last 24h +0.019%
Price spread now: OKX against BloFin−0.013%63s7-day average +0.014% · 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−$350.346% of the position
Funding, last 5 days (all we have)+0.001%$0 on $10k
+Price spread, last 3 days (all we have)−0.026%−$3 · spread now −0.013%, 7d avg +0.014%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and OKX is 0.026% cheaper against BloFin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.014%). Swap the legs. The two prices were read 63 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 | BloFin TQQQ-USDT | 79.780 | 0.0028 | pay 0.0028% / 8h | 7h 00m | $165K | $30K | 20x |
| Short | OKX TQQQ-USDT-SWAP | 79.770 | 0 | get 0.0000% / 8h | 7h 00m | $2.6M | $5.1M | 10x |
BloFin TQQQ-USDT
OKX TQQQ-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against BloFin. 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
- −$5.94
- Price spread: −0.013% → +0.014%
- −$2.61
- Slippage, 4 orders
- −$12.57
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$43.12
- Costs to cover
- 0.346%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 56 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 BloFin live order book, 56 min ago | 1.89 bp | 7.9 bp −$8 | 11.8 bp −$118 | 34.2 bp −$3,424 | doesn't fit |
| Sell OKX live order book, 2 min ago | 0.63 bp | 8.9 bp −$9 | 32.5 bp −$325 | doesn't fit | doesn't fit |
TQQQ on 11 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 | 79.787 | +0.009% | $70K | $145K | 20x | as long as short |
| Binance TQQQUSDT | 0.0000% | 8h | 79.820 | +0.050% | $18.4M | $48.5M | 20x | as long as short |
| Bybit TQQQUSDT | 0.0000% | 8h | 79.830 | +0.063% | $3.2M | $6.5M | 25x | as long as short |
| OKX TQQQ-USDT-SWAPshort | 0.0000% | 8h | 79.770 | −0.013% | $2.6M | $5.1M | 10x | |
| MEXC TQQQ_USDT | 0.0000% | 8h | 79.790 | +0.013% | $1.7M | $262K | 20x | as long as short |
| Bitget TQQQUSDT | 0.0000% | 8h | 79.800 | +0.025% | $7.7M | $2.9M | 20x | as long as short |
| GRVT TQQQ_USDT_Perp | 0.0000% | 8h | 79.760 | −0.025% | $1K | $100K | 10x | as long as short |
| HTX TQQQ-USDT | 0.0000% | 8h | 79.750 | −0.038% | $13K | $4K | 10x | as long as short |
| BloFin TQQQ-USDTlong | +0.0028% | 8h | 79.780 | long leg | $165K | $30K | 20x | |
| KuCoin TQQQUSDTM | +0.0073% | 8h | 79.730 | −0.063% | $181K | $823K | 10x | as long as short |
Aster TQQQUSDT
Binance TQQQUSDT
Bybit TQQQUSDT
MEXC TQQQ_USDT
Bitget TQQQUSDT
GRVT TQQQ_USDT_Perp
HTX TQQQ-USDT
KuCoin TQQQUSDTMShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_TQQQ_USDC_mythos | +0.0100% | 8h | 79.760 | −0.025% | $5 | — | 10x | as long as short |
Orderly PERP_TQQQ_USDC_mythos