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: Aster against Orderly−0.161%49s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Aster is 0.161% cheaper against Orderly than usual: you would sell low and buy high (−$16 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 49 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 | Orderly PERP_TQQQ_USDC_mythos | 79.700 | 0.0100 | pay 0.0100% / 8h | 5h 02m | $5 | — | 10x |
| Short | Aster TQQQUSDT | 79.572 | 0 | get 0.0000% / 8h | 5h 02m | $70K | $145K | 20x |
Orderly PERP_TQQQ_USDC_mythos
Aster TQQQUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Orderly. 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
- −$21
- Price spread: −0.161% → 0.000%
- −$16.11
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$51.11
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Aster: live order book, 59 min ago. Net counts fees only.
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 Orderly no order-book sample | — | — | — | — | — |
| Sell Aster live order book, 59 min ago | 38.34 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 TQQQUSDTshort | 0.0000% | 8h | 79.572 | −0.161% | $70K | $145K | 20x | |
| Binance TQQQUSDT | 0.0000% | 8h | 79.720 | +0.025% | $18.4M | $47.6M | 20x | as long as short |
| Bybit TQQQUSDT | 0.0000% | 8h | 79.760 | +0.075% | $3.0M | $6.5M | 25x | as long as short |
| OKX TQQQ-USDT-SWAP | 0.0000% | 8h | 79.710 | +0.013% | $2.5M | $5.3M | 10x | as long as short |
| MEXC TQQQ_USDT | 0.0000% | 8h | 79.730 | +0.038% | $1.5M | $233K | 20x | as long as short |
| Bitget TQQQUSDT | 0.0000% | 8h | 79.720 | +0.025% | $7.6M | $2.9M | 20x | as long as short |
| GRVT TQQQ_USDT_Perp | 0.0000% | 8h | 79.740 | +0.050% | $2K | $99K | 10x | as long as short |
| HTX TQQQ-USDT | 0.0000% | 8h | 79.710 | +0.013% | $14K | $10K | 10x | as long as short |
| BloFin TQQQ-USDT | +0.0022% | 8h | 79.680 | −0.025% | $164K | $30K | 20x | as long as short |
| KuCoin TQQQUSDTM | +0.0042% | 8h | 79.670 | −0.038% | $181K | $711K | 10x | as long as short |
Binance TQQQUSDT
Bybit TQQQUSDT
OKX TQQQ-USDT-SWAP
MEXC TQQQ_USDT
Bitget TQQQUSDT
GRVT TQQQ_USDT_Perp
HTX TQQQ-USDT
BloFin 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_mythoslong | +0.0100% | 8h | 79.700 | long leg | $5 | — | 10x |