QQQ funding rates

QQQ perpetual funding across 11 venues. Rates are annualized (APR); positive means longs pay shorts.

· refreshed every 5 min

Best pair · 7d
8.8%long Nado, short Lighter RH · net 7.0%
Highest funding now
14.9%Lighter RH
Lowest funding now
−24.9%RISEx
Listed on
11 venues

Funding by venue

7d chartFlagsOpen
Lighter RHQQQ14.9%8.1%9.6%7.3%9.9%99%1h05:00755.11$44.8M$42.9MTradFiLrLighter RH
RWA PerpPERP_QQQ_USDC_mythos10.9%10.9%10.9%10.9%10.9%100%8h08:00755.01$7k$183kTradFiRwRWA Perp
LighterQQQ3.5%3.9%3.6%4.7%3.6%99%1h05:00754.95$5.2M$4.2MTradFiLiLighter
NadoQQQ-PERP_USDT01.0%−5.4%0.8%1.8%1.8%56%1h05:00755.54$1.2M$348kTradFiNaNado
AsterQQQUSDT0.0%0.0%1.9%2.1%2.2%16%8h08:00755.54$650k$348kTradFiAsAster
GRVTQQQ_USDT_Perp0.0%0.0%4.4%9.8%5.2%40%8h08:00755.68$323k$200kTradFiGrGRVT
VariationalQQQ0.0%0.0%1.3%2.2%1.6%15%8h—754.58$14.4M$2.9MTradFiVaVariational
BybitCEXQQQUSDT0.0%−0.3%1.8%1.6%2.1%21%8h08:00755.29$15.7M$2.0MTradFiByBybit
BitgetCEXQQQUSDT0.0%0.0%0.8%5.2%1.0%5%8h08:00755.29$12.7M$3.6MTradFiBgBitget
GateCEXQQQ_USDT0.0%0.0%0.8%−2.3%1.0%5%8h08:00755.01$22.3M$13.4MTradFiGtGate
RISExQQQ/USDC−24.9%16.9%5.5%8.2%3.6%29%1h05:00755.16$5.5M$3.1MTradFiRxRISEx

Sparklines: hourly funding APR over the last 7 days, zero line dashed.

Long/short pairs

Funding spreads, annualized: short-leg rate minus long-leg rate.
Spread APRAfter taker feesQuality
7d trendFlagsOpenCalc
VariationalLighter RH14.9%8.1%8.3%5.0%8.3%12.4%<0.1dsteady$14.4M8h/1hTradFispread not incl.VaLrcalc
NadoLighter RH13.9%13.5%8.8%5.9%7.0%10.5%2.9dsteady$1.2MTradFiNaLrcalc
LighterLighter RH11.4%4.2%6.0%2.4%6.0%9.0%<0.1dsteady$5.2MTradFiLiLrcalc
AsterLighter RH14.9%8.1%7.7%5.5%5.7%8.5%3.8dsteady$650k8h/1hTradFiAsLrcalc
BitgetCEXLighter RH14.9%8.1%8.8%2.0%5.6%8.5%5.0dsteady$12.7M8h/1hTradFiBgLrcalc
BybitCEXLighter RH14.9%8.4%7.9%5.6%5.0%7.5%5.1dsteady$15.7M8h/1hTradFiByLrcalc
GateCEXLighter RH14.9%8.1%8.8%7.6%4.9%7.3%6.2dsteady$22.3M8h/1hTradFiGtLrcalc
GRVTLighter RH14.9%8.1%5.2%−1.6%2.8%4.2%6.4dweak$323k8h/1hTradFiGrLrcalc
RISExLighter RH39.8%−8.9%4.1%−1.9%2.6%3.9%5.3dcooling$5.5MTradFiRxLrcalc
VariationalLighter3.5%3.9%2.3%2.4%2.3%3.4%<0.1dweak$5.2M8h/1hTradFispread not incl.VaLicalc
VariationalRISEx−24.9%16.9%4.1%5.9%2.6%3.9%5.3dspike ×8.4$5.5M8h/1hTradFispread not incl.VaRxcalc
NadoLighter2.5%9.3%2.8%2.9%1.0%1.5%9.0dweak$1.2MTradFiNaLicalc
VariationalGRVT0.0%0.0%3.1%7.6%0.8%1.1%11dweak$323kTradFispread not incl.VaGrcalc
NadoRISEx−25.9%22.4%4.7%6.4%1.3%2.0%10dspike ×12.7$1.2MTradFiNaRxcalc
LighterRISEx−28.5%13.0%1.9%3.5%0.3%0.4%12dmixed$5.2MTradFiLiRxcalc
AsterRISEx−24.9%16.9%3.6%6.1%0.0%−0.1%14dspike ×12.2$650k8h/1hTradFiAsRxcalc
BitgetCEXRISEx−24.9%16.9%4.6%3.0%−0.1%−0.1%14dspike ×6.5$5.5M8h/1hTradFiBgRxcalc
AsterLighter3.5%3.9%1.7%2.6%−0.3%−0.5%17dweak$650k8h/1hTradFiAsLicalc
BitgetCEXLighter3.5%3.9%2.8%−0.5%−0.4%−0.5%16dweak$5.2M8h/1hTradFiBgLicalc
NadoGRVT−1.0%5.4%3.7%8.1%−0.5%−0.8%16dweak$323k1h/8hTradFiNaGrcalc
BybitCEXLighter3.5%4.2%1.9%3.0%−1.0%−1.5%21dweak$5.2M8h/1hTradFiByLicalc
GateCEXLighter3.5%3.9%2.8%7.0%−1.1%−1.7%20dweak$5.2M8h/1hTradFiGtLicalc
BybitCEXRISEx−24.9%17.3%3.7%6.5%−0.7%−1.1%17dspike ×11.7$5.5M8h/1hTradFiByRxcalc
VariationalAster0.0%0.0%0.5%−0.1%−1.6%−2.3%55dweak$650kTradFispread not incl.VaAscalc
GateCEXRISEx−24.9%16.9%4.6%10.5%−0.8%−1.3%17dspike ×6.5$5.5M8h/1hTradFiGtRxcalc
AsterGRVT0.0%0.0%2.6%7.7%−1.9%−2.8%24dweak$323kTradFiAsGrcalc
BitgetCEXGRVT0.0%0.0%3.6%4.7%−1.9%−2.8%21dweak$323kTradFiBgGrcalc
VariationalBybitCEX0.0%−0.3%0.4%−0.6%−2.5%−3.7%98dweak$14.4MTradFispread not incl.VaBycalc
BybitCEXGRVT0.0%0.3%2.7%8.2%−2.5%−3.8%27dweak$323kTradFiByGrcalc
NadoVariational−1.0%5.4%0.6%0.4%−1.3%−1.9%46dmixed$1.2M1h/8hTradFispread not incl.NaVacalc
BitgetCEXVariational0.0%0.0%0.5%−3.0%−2.6%−3.9%88dweak$12.7MTradFispread not incl.BgVacalc
GateCEXGRVT0.0%0.0%3.6%12.2%−2.7%−4.0%24dweak$323kTradFiGtGrcalc
LighterGRVT−3.5%−3.9%0.8%5.2%−1.5%−2.3%40dmixed$323k1h/8hTradFiLiGrcalc
GRVTLighter3.5%3.9%−0.8%−5.2%−3.2%−4.8%—weak$323k8h/1hTradFiGrLicalc
GateCEXVariational0.0%0.0%0.5%4.6%−3.4%−5.1%109dweak$14.4MTradFispread not incl.GtVacalc
RISExLighter28.5%−13.0%−1.9%−3.5%−3.4%−5.1%—weak$5.2MTradFiRxLicalc
BitgetCEXAster0.0%0.0%1.0%−3.1%−4.2%−6.3%71dweak$650kTradFiBgAscalc
VariationalNado1.0%−5.4%−0.6%−0.4%−2.4%−3.6%—mixed$1.2M8h/1hTradFispread not incl.VaNacalc
BybitCEXAster0.0%0.3%0.1%0.4%−4.8%−7.2%574dweak$650kTradFiByAscalc
RISExGRVT24.9%−16.9%−1.0%1.7%−5.0%−7.4%—weak$323k1h/8hTradFiRxGrcalc
GateCEXAster0.0%0.0%1.0%4.4%−5.0%−7.4%81dweak$650kTradFiGtAscalc
BitgetCEXBybitCEX0.0%−0.3%0.9%−3.5%−5.1%−7.6%93dweak$12.7MTradFiBgBycalc
NadoAster−1.0%5.4%1.1%0.3%−2.8%−4.2%50dmixed$650k1h/8hTradFiNaAscalc
RISExVariational24.9%−16.9%−4.1%−5.9%−5.7%−8.6%—weak$5.5M1h/8hTradFispread not incl.RxVacalc
GRVTRISEx−24.9%16.9%1.0%−1.7%−2.9%−4.3%53dspike$323k8h/1hTradFiGrRxcalc
GateCEXBybitCEX0.0%−0.3%0.9%4.0%−5.9%−8.8%104dweak$15.7MTradFiGtBycalc
GateCEXBitgetCEX0.0%0.0%0.0%7.5%−7.0%−10.6%>999dweak$12.7MTradFiGtBgcalc
RISExAster24.9%−16.9%−3.6%−6.1%−7.3%−10.9%—weak$650k1h/8hTradFiRxAscalc
NadoBybitCEX−1.0%5.1%1.0%−0.1%−3.7%−5.6%68dmixed$1.2M1h/8hTradFiNaBycalc
RISExBybitCEX24.9%−17.3%−3.7%−6.5%−8.2%−12.2%—weak$5.5M1h/8hTradFiRxBycalc
RISExBitgetCEX24.9%−16.9%−4.6%−3.0%−9.3%−14.0%—weak$5.5M1h/8hTradFiRxBgcalc
NadoBitgetCEX−1.0%5.4%0.1%3.4%−4.9%−7.3%>999dmixed$1.2M1h/8hTradFiNaBgcalc
AsterNado1.0%−5.4%−1.1%−0.3%−5.0%−7.5%—mixed$650k8h/1hTradFiAsNacalc
BitgetCEXNado1.0%−5.4%−0.1%−3.4%−5.0%−7.5%—mixed$1.2M8h/1hTradFiBgNacalc
RISExGateCEX24.9%−16.9%−4.6%−10.5%−10.1%−15.2%—weak$5.5M1h/8hTradFiRxGtcalc
BybitCEXNado1.0%−5.1%−1.0%0.1%−5.7%−8.5%—mixed$1.2M8h/1hTradFiByNacalc
NadoGateCEX−1.0%5.4%0.1%−4.1%−5.7%−8.5%>999dmixed$1.2M1h/8hTradFiNaGtcalc
GateCEXNado1.0%−5.4%−0.1%4.1%−5.8%−8.7%—mixed$1.2M8h/1hTradFiGtNacalc
GRVTNado1.0%−5.4%−3.7%−8.1%−7.8%−11.7%—mixed$323k8h/1hTradFiGrNacalc
RISExNado25.9%−22.4%−4.7%−6.4%−8.1%−12.1%—mixed$1.2MTradFiRxNacalc
What the columns and badges mean
now
Current funding spread APR: short-leg rate minus long-leg rate, annualized.
24h
Average spread APR over the last 24 hours, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
7d
Average spread APR over the last 7 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet). Used for ranking and net APR.
30d
Average spread APR over the last 30 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
7d trend
Spread APR over the last 7 days in 6-hour averages; the dashed line is zero.
Net APR
7d spread APR minus taker fees to open and close both legs, spread over the holding period: net = spread7d − fees × 365 / days. Per unit of notional per leg.
On capital
Net APR on the capital posted for both legs at this leverage: net × leverage / 2.
Breakeven
Days of 7d-average funding needed to pay back open+close taker fees.
Min OI
Smaller open interest of the two legs, USD.
steady
Steady: prior-week spread at least 5% APR, last 24h positive and no spike, positive now. Not negative in X% of hours over 7 days.
spike
The last 24h spread is far above the prior 6-day average (more than 3×, or above 15% APR after a weak prior) — it may not last.
mixed
The spread was negative too often: not negative in only X% of hours over 7 days.
new
Less than 4 days of shared history in the prior week: stability cannot be judged yet.
weak
Prior-week spread under 5% APR: too small to call steady.
cooling
The prior week was solid, but the last 24h or the current spread is not positive.
≠ asset?
Mark prices differ by N bps — these may be different assets under one ticker, or contracts of a different size (e.g. per 1,000 coins). Verify before trading.
stale
At least one leg has not updated for over 30 minutes.
low OI
Open interest under $50k on at least one leg — size carefully.
8h/1h
Funding intervals differ (8h vs 1h): payments are not simultaneous.
TradFi
Tokenized stock, index or commodity: trading sessions and oracle rules may differ.
invite only
Invite-only venue: an account needs an invite code, so it is not selected by default. Tick it in the venue filter to include it.
spread not incl.
A leg trades on quotes with no fee (Variational): the cost is the market maker's quote spread, which we cannot see, so the net APR is before it. Compare the quote with the mark price before you trade.
CEX
Centralized exchange: trading needs an account with identity verification (KYC).

Prices now

Buy on the row's venue at its ask, sell on the column's venue at its bid; spread before fees.

Indicative · marks from 2026-10-12 04:55 UTC

Live quotes are unavailable right now (last update: never). Shown instead: indicative spreads between mark prices from the funding snapshot. Marks are taken minutes apart and are not prices you can trade at.

QQQ · TradFi

No two venues give a usable spread right now.

QQQ: spread buying on the row's venue and selling on the column's venue
Buy ↓ · Sell →GRVT755.68Aster755.545Nado755.545Bitget755.29Bybit755.29RISEx755.165Lighter RH755.105Gate755.01RWA Perp755.01Lighter754.95Variational754.579
Variational754.5790.146%0.128%0.128%0.094%0.094%0.078%0.070%0.057%0.057%0.049%—
Lighter754.950.097%0.079%0.079%0.045%0.045%0.029%0.021%0.008%0.008%—−0.049%
Gate755.010.089%0.071%0.071%0.037%0.037%0.021%0.013%—0.000%−0.008%−0.057%
RWA Perp755.010.089%0.071%0.071%0.037%0.037%0.021%0.013%0.000%—−0.008%−0.057%
Lighter RH755.1050.076%0.058%0.058%0.024%0.024%0.008%—−0.013%−0.013%−0.021%−0.070%
RISEx755.1650.068%0.050%0.050%0.016%0.016%—−0.008%−0.021%−0.021%−0.029%−0.078%
Bitget755.290.052%0.034%0.034%—0.000%−0.016%−0.024%−0.037%−0.037%−0.045%−0.094%
Bybit755.290.052%0.034%0.034%0.000%—−0.016%−0.024%−0.037%−0.037%−0.045%−0.094%
Aster755.5450.018%—0.000%−0.034%−0.034%−0.050%−0.058%−0.071%−0.071%−0.079%−0.128%
Nado755.5450.018%0.000%—−0.034%−0.034%−0.050%−0.058%−0.071%−0.071%−0.079%−0.128%
GRVT755.68—−0.018%−0.018%−0.052%−0.052%−0.068%−0.076%−0.089%−0.089%−0.097%−0.146%
All quotes (11)
VenueBidAskQualityAgeVol 24hFlags
Aster755.545755.545mark44s$348kclosedno FX
BitgetCEX755.29755.29mark5m$3.6Mclosedno FX
BybitCEX755.29755.29mark5m$2.0Mclosedno FX
GateCEX755.01755.01mark5m$13.4Mclosedno FX
GRVT755.68755.68mark44s$200kclosedno FX
Lighter754.95754.95mark44s$4.2Mclosed
Nado755.545755.545mark44s$348kclosedno FX
Lighter RH755.105755.105mark44s$42.9Mclosed
RISEx755.165755.165mark44s$3.1Mclosed
RWA Perp755.01755.01mark44s$183kclosed
Variational754.579754.579mark44s$2.9Mclosed

All spreads → · Hatched cells use a mark or mid price, a flagged venue or one outside the default selection.

↗ buttons open the exchange; some are referral links and we may earn a commission at no extra cost to you.