TQQQX funding rate explained
Right now TQQQ xStock (TQQQX) perpetual futures trade on 1 exchange we track. The highest funding is on Gate at 0.000% per day, the lowest on Gate at 0.000%. The average across all venues is 0.000% per day, or about 0.0% a year.
The gap between the highest and lowest venue is 0.000% per day. A delta-neutral position that shorts TQQQX on Gate and goes long on Gate would collect that difference at each settlement, before trading fees and the price spread between the two contracts. Check the live TQQQX arbitrage page for the price side of the trade.
Settlement intervals differ: TQQQX funding is paid every 8 hours depending on the exchange, so every rate on this page is also shown normalised to 24 hours and as an APR.
Related: TQQQX arbitrage · TQQQ xStock price · funding rates for all coins.