Funding you earn now, next payment 03:00 UTC−0.0104%/8h= −11.4% APRnext payment −$0.13 per $10,000 · paid last 24h −0.017%
Price spread now: Deribit against Aevo+0.065%7-day average — · you sell dearer than you buy
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
=Together, before fees—needs both histories
The price spread pays, funding is against you. Deribit is 0.065% dearer against Aevo than usual: you sell high and buy low (spread +0.065% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo QQQ-PERP | 743.61 | 0.0104 | pay 0.0013% / 1h | 58m 05s | $93K | $1K | 10x |
| Short | Deribit QQQ_USDC-PERPETUAL | 744.09 | 0 | get 0.0000% / 1h | 58m 05s | $425K | $149K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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: +0.065% → 0.000%
- $6.46
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$38.38
- Costs to cover
- 0.230%
- Break-even
- never at this rate
Slippage unknown: Aevo: no order-book sample; Deribit: 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 Deribit live order book, 6 min ago | 0.07 bp | 9.0 bp −$9 | 10.5 bp −$105 | doesn't fit | 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 27 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 −0.0105% / S +0.0208% | 1h | 744.43 | +0.111% | $25K | — | 26x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 744.41 | +0.108% | $10.7M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 744.35 | +0.100% | $21.7M | $26.3M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 744.39 | +0.106% | $5.4M | $8.0M | 25x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 744.05 | +0.059% | $3.3M | $20.1M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 744.47 | +0.116% | $16.9M | $5.8M | 20x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 744.80 | +0.160% | $2K | $2.0M | 10x | as long as short |
| Deribit QQQ_USDC-PERPETUALshort | 0.0000% | 1h | 744.09 | +0.065% | $425K | $149K | 20x | |
| HTX QQQ-USDT | 0.0000% | 8h | 744.65 | +0.140% | $257K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 744.63 | +0.137% | $356K | $1.4M | 10x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster QQQUSDT | 0.0000% | 8h | 744.41 | +0.108% | $841K | $713K | 20x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 744.25 | +0.086% | $7.7M | $17.1M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 744.68 | +0.144% | $37.4M | $78.1M | 50x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0032% | 1h | 743.88 | +0.036% | $1.2M | $532K | 20x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 743.40 | −0.028% | $705K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 745.33 | +0.231% | — | $337K | 50x | as long as short |
| Ondo Perps QQQ-USD.P | +0.0050% | 1h | 743.21 | −0.054% | $4.2M | $1.9M | 20x | as long as short |
| Variational Omni QQQ | +0.0053% | 8h | 744.24 | +0.085% | $17.1M | $7.6M | — | as long as short |
| Binance QQQUSDT | +0.0077% | 8h | 744.38 | +0.104% | $71.2M | $145.2M | 25x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 744.08 | +0.063% | $3.4M | $412K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 743.97 | +0.049% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 744.14 | +0.071% | $12K | $21K | 20x | as long as short |
| Nado QQQ-PERP | +0.0102% | 1h | 743.97 | +0.049% | $1.5M | $933K | 20x | as long as short |
| Aevo QQQ-PERPlong | +0.0104% | 1h | 743.61 | long leg | $93K | $1K | 10x | |
| GRVT QQQ_USDT_Perp | +0.0179% | 8h | 744.41 | +0.108% | $322K | $1.9M | 10x | as long as short |
| Phoenix QQQ | +0.0183% | 1h | 743.81 | +0.027% | $38K | $66K | 20x | as long as short |
| edgeX QQQUSDC | +0.0258% | 4h | 744.28 | +0.090% | $761K | $335K | 20x | as long as short |
Deribit QQQ_USDC-PERPETUAL
GMX QQQ/USD [ETH-USDC]
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Gate QQQ_USDT
Bitget QQQUSDT
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDT
Aster QQQUSDT
Lighter QQQ
Lighter RH QQQ
Coinbase International QQQ-PERP-INTX
Variational Omni QQQ
Binance QQQUSDT
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
GRVT QQQ_USDT_Perp
Phoenix QQQ
edgeX QQQUSDC