Funding you earn now, next payment 07:00 UTC+0.0060%/8h= +6.5% APRnext payment +$0.07 per $10,000 · paid last 24h +0.020%
Price spread now: ApeX Omni against Arcus+0.036%7-day average +0.086% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$320.323% of the position
Funding, last 4 days (all we have)+0.076%+$8 on $10k
+Price spread, last 7 days−0.027%−$3 · spread now +0.036%, 7d avg +0.086%
=Funding pays, the price is against you. ApeX Omni is 0.050% cheaper against Arcus than usual: you would sell low and buy high (spread +0.036% now, against its 7-day average of +0.086%). If the spread goes back, that is −$5 on $10k: about 2.8 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus QQQ-USD | 741.13 | 0.0040 | pay 0.0005% / 1h | 1m 16s | $686K | $1.6M | 25x |
| Short | ApeX Omni QQQUSDT | 741.40 | 0.0100 | get 0.0013% / 1h | 1m 16s | $20K | $2.2M | 50x |
Arcus QQQ-USD
ApeX Omni QQQUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Arcus. 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
- $12.54
- Price spread: +0.036% → +0.086%
- −$4.97
- Slippage, 4 orders
- −$17.79
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$24.72
- Costs to cover
- 0.323%
- Break-even
- 20.8 days
Slippage from Arcus: live order book, 3 min ago; ApeX Omni: 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 Arcus live order book, 3 min ago | 0.61 bp | 4.7 bp −$5 | 7.9 bp −$79 | 25.2 bp −$2,523 | doesn't fit |
| Sell ApeX Omni live order book, 3 min ago | 3.78 bp | 10.0 bp −$10 | 25.1 bp −$251 | 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX QQQ/USD [ETH-USDC] | L −0.0166% / S +0.0257% | 1h | 742.07 | +0.126% | $25K | — | 26x | as long as short |
| Gate QQQ_USDT | −0.0059% | 8h | 741.37 | +0.032% | $3.4M | $21.6M | 50x | as long as short |
| BloFin QQQ-USDT | −0.0028% | 8h | 741.82 | +0.093% | $1.1M | $271K | 20x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0025% | 1h | 740.51 | −0.084% | $4.2M | $1.8M | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 741.99 | +0.117% | $823K | $858K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 741.95 | +0.111% | $10.5M | $5.2M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 741.78 | +0.088% | $21.4M | $28.3M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 741.76 | +0.085% | $5.4M | $6.3M | 25x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 742.09 | +0.130% | $16.6M | $5.5M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 741.89 | +0.102% | $16.9M | $7.3M | — | as long as short |
GMX QQQ/USD [ETH-USDC]
Gate QQQ_USDT
BloFin QQQ-USDT
Ondo Perps QQQ-USD.P
Aster QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Bitget QQQUSDT
Variational Omni QQQShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX QQQ-USDT | 0.0000% | 8h | 742.79 | +0.224% | $2K | $1.8M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 742.18 | +0.142% | $251K | $41K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 742.12 | +0.134% | $362K | $1.6M | 10x | as long as short |
| Binance QQQUSDT | +0.0003% | 8h | 742.05 | +0.124% | $70.0M | $143.8M | 25x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0016% | 1h | 741.37 | +0.032% | $1.2M | $489K | 20x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 741.83 | +0.094% | $7.7M | $15.6M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 742.17 | +0.140% | $37.1M | $81.5M | 50x | as long as short |
| Arcus QQQ-USDlong | +0.0040% | 1h | 741.13 | long leg | $686K | $1.6M | 25x | |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 742.98 | +0.250% | — | $337K | 50x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0074% | 1h | 741.71 | +0.078% | $424K | $155K | 20x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 741.55 | +0.057% | $3.4M | $356K | 20x | as long as short |
| ApeX Omni QQQUSDTshort | +0.0100% | 1h | 741.40 | +0.036% | $20K | $2.2M | 50x | |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 741.70 | +0.077% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 741.21 | +0.011% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0117% | 1h | 741.61 | +0.064% | $1.6M | $764K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0119% | 8h | 742.17 | +0.140% | $314K | $2.0M | 10x | as long as short |
| Phoenix QQQ | +0.0205% | 1h | 741.63 | +0.067% | $38K | $66K | 20x | as long as short |
| edgeX QQQUSDC | +0.0705% | 4h | 741.81 | +0.092% | $758K | $336K | 20x | as long as short |
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDT
Binance QQQUSDT
Coinbase International QQQ-PERP-INTX
Lighter QQQ
Lighter RH QQQ
Vest QQQ-USD-PERP
Deribit QQQ_USDC-PERPETUAL
KuCoin QQQUSDTM
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Nado QQQ-PERP
GRVT QQQ_USDT_Perp
Phoenix QQQ
edgeX QQQUSDC