Funding you earn now, next payment 02:00 UTC+0.0157%/8h= +17.2% APRpaid last 24h −0.011%
Price spread now: GRVT against ApeX Omni+0.098%7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$300.298% of the position
Funding, last 7 days+0.021%+$2 on $10k
+Price spread, last 4 days (all we have)−0.013%−$1 · spread now +0.098%, 7d avg +0.034%
=Together, before fees+0.007%+ Points / potential airdropGRVT: Active · farm board+$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and GRVT is 0.064% dearer against ApeX Omni than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.034%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni QQQUSDT | 743.76 | 0.0100 | pay 0.0013% / 1h | 40m 32s | $20K | $2.2M | 50x |
| Short | GRVT QQQ_USDT_Perp | 744.49 | 0.0257 | get 0.0257% / 8h | 6h 40m | $319K | $1.8M | 10x |
ApeX Omni QQQUSDT
GRVT QQQ_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against ApeX Omni. 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
- $32.97
- Price spread: +0.098% → +0.034%
- $6.38
- Slippage, 4 orders
- −$10.82
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- $9.53
- Costs to cover
- 0.298%
- Break-even
- 5.0 days
Slippage from ApeX Omni: live order book, 4 min ago; GRVT: live order book, 3 min ago.
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 ApeX Omni live order book, 4 min ago | 3.83 bp | 9.7 bp −$10 | 31.0 bp −$310 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 3 min ago | 0.54 bp | 5.0 bp −$5 | 5.2 bp −$52 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps QQQ-USD.P | −0.0174% | 1h | 743.00 | −0.102% | $4.2M | $2.0M | 20x | as long as short |
| GMX QQQ/USD [ETH-USDC] | L −0.0096% / S +0.0202% | 1h | 744.15 | +0.053% | $25K | — | 26x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 744.04 | +0.038% | $10.7M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 743.90 | +0.019% | $21.5M | $25.4M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 743.87 | +0.015% | $3.2M | $21.2M | 50x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 744.66 | +0.121% | $2K | $2.1M | 10x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | 0.0000% | 1h | 743.83 | +0.009% | $425K | $148K | 20x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 744.32 | +0.075% | $257K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 744.26 | +0.067% | $360K | $1.4M | 10x | as long as short |
| Aster QQQUSDT | +0.0012% | 8h | 744.12 | +0.048% | $841K | $712K | 20x | as long as short |
Ondo Perps QQQ-USD.P
GMX QQQ/USD [ETH-USDC]
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
SunX QQQ-USDT
Deribit QQQ_USDC-PERPETUAL
HTX QQQ-USDT
Phemex QQQUSDT
Aster QQQUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin QQQ-USDT | +0.0026% | 8h | 744.31 | +0.074% | $1.1M | $319K | 20x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 743.87 | +0.015% | $7.7M | $17.7M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 744.35 | +0.079% | $37.3M | $79.5M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 743.25 | −0.069% | $704K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 745.12 | +0.183% | — | $356K | 50x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0048% | 1h | 744.05 | +0.039% | $1.2M | $538K | 20x | as long as short |
| Variational Omni QQQ | +0.0065% | 8h | 744.04 | +0.038% | $17.1M | $7.6M | — | as long as short |
| Bitget QQQUSDT | +0.0086% | 8h | 744.16 | +0.054% | $16.9M | $5.9M | 20x | as long as short |
| Binance QQQUSDT | +0.0089% | 8h | 744.08 | +0.043% | $71.1M | $147.4M | 25x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 743.88 | +0.016% | $3.4M | $406K | 20x | as long as short |
| ApeX Omni QQQUSDTlong | +0.0100% | 1h | 743.76 | long leg | $20K | $2.2M | 50x | |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 743.87 | +0.015% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 743.41 | −0.047% | $93K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0120% | 1h | 743.78 | +0.003% | $1.5M | $1.0M | 20x | as long as short |
| RISEx QQQ/USDC | +0.0168% | 1h | 744.13 | +0.049% | $5.4M | $8.2M | 25x | as long as short |
| Phoenix QQQ | +0.0183% | 1h | 743.78 | +0.003% | $38K | $66K | 20x | as long as short |
| GRVT QQQ_USDT_Perpshort | +0.0257% | 8h | 744.49 | +0.098% | $319K | $1.8M | 10x | |
| edgeX QQQUSDC | +0.0480% | 4h | 744.13 | +0.050% | $761K | $333K | 20x | as long as short |
BloFin QQQ-USDT
Lighter QQQ
Lighter RH QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
Coinbase International QQQ-PERP-INTX
Variational Omni QQQ
Bitget QQQUSDT
Binance QQQUSDT
KuCoin QQQUSDTM
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Nado QQQ-PERP
RISEx QQQ/USDC
Phoenix QQQ
edgeX QQQUSDC