Funding you earn now, next payment 06:00 UTC−0.0104%/8h= −11.4% APRpaid last 24h −0.017%
Price spread now: Bybit against Aevo+0.137%49s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.135%−$13 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Bybit is 0.137% dearer against Aevo than usual: you sell high and buy low (spread +0.137% now, against zero (this spread has no 7-day history yet)): +$14 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.4 days. 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 | Aevo QQQ-PERP | 742.28 | 0.0104 | pay 0.0013% / 1h | 12m 29s | $92K | $1K | 10x |
| Short | Bybit QQQUSDT | 743.29 | 0 | get 0.0000% / 8h | 2h 12m | $10.6M | $5.2M | 50x |
Aevo QQQ-PERP
Bybit QQQUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Aevo. 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
- −$21.84
- Price spread: +0.137% → 0.000%
- $13.67
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$35.17
- Costs to cover
- 0.270%
- Break-even
- never at this rate
Slippage unknown: Aevo: no order-book sample; Bybit: live order book, 6 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 Aevo no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 6 min ago | 0.67 bp | 7.5 bp −$8 | 8.7 bp −$87 | 66.3 bp −$6,627 | doesn't fit |
Aevo: 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.
QQQ on 28 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX QQQ/USD [ETH-USDC] | L −0.0151% / S +0.0245% | 1h | 743.14 | +0.117% | $25K | — | 26x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 742.67 | +0.054% | $824K | $857K | 20x | as long as short |
| Binance QQQUSDT | 0.0000% | 8h | 743.24 | +0.129% | $70.0M | $144.2M | 25x | as long as short |
| Bybit QQQUSDTshort | 0.0000% | 8h | 743.29 | +0.137% | $10.6M | $5.2M | 50x | |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 743.00 | +0.098% | $21.6M | $28.2M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 743.10 | +0.111% | $5.4M | $6.7M | 25x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 742.52 | +0.033% | $3.3M | $21.4M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 743.19 | +0.123% | $16.6M | $5.6M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 742.66 | +0.052% | $16.9M | $7.2M | — | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 743.62 | +0.181% | $2K | $1.8M | 10x | as long as short |
GMX QQQ/USD [ETH-USDC]
Aster QQQUSDT
Binance QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Gate QQQ_USDT
Bitget QQQUSDT
Variational Omni QQQ
SunX QQQ-USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International QQQ-PERP-INTX | 0.0000% | 1h | 742.21 | −0.009% | $1.2M | $539K | 20x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 743.33 | +0.142% | $251K | $41K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 743.31 | +0.139% | $363K | $1.6M | 10x | as long as short |
| Ondo Perps QQQ-USD.P | +0.0002% | 1h | 741.43 | −0.114% | $4.2M | $1.8M | 20x | as long as short |
| BloFin QQQ-USDT | +0.0029% | 8h | 742.85 | +0.077% | $1.1M | $277K | 20x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 743.06 | +0.106% | $7.6M | $15.7M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 743.41 | +0.153% | $36.9M | $80.7M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 741.84 | −0.059% | $691K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 744.06 | +0.240% | — | $337K | 50x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0090% | 8h | 742.89 | +0.083% | $315K | $2.0M | 10x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 742.78 | +0.068% | $3.4M | $362K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 742.26 | −0.002% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 742.78 | +0.068% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERPlong | +0.0104% | 1h | 742.28 | long leg | $92K | $1K | 10x | |
| Nado QQQ-PERP | +0.0121% | 1h | 742.71 | +0.058% | $1.5M | $749K | 20x | as long as short |
| Phoenix QQQ | +0.0129% | 1h | 742.54 | +0.036% | $38K | $66K | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0167% | 1h | 742.86 | +0.079% | $424K | $152K | 20x | as long as short |
| edgeX QQQUSDC | +0.0614% | 4h | 742.65 | +0.051% | $759K | $336K | 20x | as long as short |
Coinbase International QQQ-PERP-INTX
HTX QQQ-USDT
Phemex QQQUSDT
Ondo Perps QQQ-USD.P
BloFin QQQ-USDT
Lighter QQQ
Lighter RH QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
GRVT QQQ_USDT_Perp
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Nado QQQ-PERP
Phoenix QQQ
Deribit QQQ_USDC-PERPETUAL
edgeX QQQUSDC