Funding you earn now, next payment 01:00 UTC+0.0005%/8h= +0.6% APRnext payment +$0.01 per $10,000 · paid last 24h +0.004%
Price spread now: Vest against Arcus+0.195%7-day average +0.278% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.023%+$2 on $10k
+Price spread, last 3 days (all we have)−0.072%−$7 · spread now +0.195%, 7d avg +0.278%
=Together, before fees−0.049%+ Points / potential airdropVest: Active · farm board−$5 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Vest is 0.083% cheaper against Arcus than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.278%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus QQQ-USD | 743.79 | 0.0040 | pay 0.0005% / 1h | 5m 19s | $748K | $1.5M | 25x |
| Short | Vest QQQ-USD-PERP | 745.24 | 0.0046 | get 0.0006% / 1h | 5m 19s | — | $306K | 50x |
Arcus QQQ-USD
Vest QQQ-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Vest 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
- $1.13
- Price spread: +0.195% → +0.278%
- −$8.33
- Slippage, 4 orders
- no order book: not counted
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$13.7
- Costs to cover
- 0.065%
- Break-even
- 91.5 days
Slippage unknown: Arcus: live order book, 4 min ago; Vest: no order-book sample. 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 Arcus live order book, 4 min ago | 0.34 bp | 6.4 bp −$6 | 9.7 bp −$97 | 25.8 bp −$2,578 | doesn't fit |
| Sell Vest no order-book sample | — | — | — | — | — |
Vest: 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 | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps QQQ-USD.P | −0.0312% | 1h | 743.10 | −0.093% | $4.2M | $2.0M | 20x | as long as short |
| GMX QQQ/USD [ETH-USDC] | L −0.0091% / S +0.0198% | 1h | 744.71 | +0.123% | $25K | — | 26x | as long as short |
| BloFin QQQ-USDT | −0.0023% | 8h | 744.38 | +0.079% | $1.1M | $319K | 20x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 744.52 | +0.098% | $21.5M | $25.3M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 744.34 | +0.074% | $3.3M | $28.9M | 50x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 745.17 | +0.186% | $2K | $2.1M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 744.97 | +0.159% | $257K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 744.94 | +0.155% | $362K | $1.4M | 10x | as long as short |
| Bybit QQQUSDT | +0.0017% | 8h | 744.83 | +0.140% | $10.7M | $5.0M | 50x | as long as short |
| Aster QQQUSDT | +0.0017% | 8h | 744.67 | +0.118% | $841K | $713K | 20x | as long as short |
Ondo Perps QQQ-USD.P
GMX QQQ/USD [ETH-USDC]
BloFin QQQ-USDT
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDT
Bybit QQQUSDT
Aster QQQUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter QQQ | +0.0032% | 1h | 744.48 | +0.093% | $7.7M | $18.4M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 744.92 | +0.152% | $37.4M | $81.2M | 50x | as long as short |
| Arcus QQQ-USDlong | +0.0040% | 1h | 743.79 | long leg | $748K | $1.5M | 25x | |
| Vest QQQ-USD-PERPshort | +0.0046% | 1h | 745.24 | +0.195% | — | $306K | 50x | |
| Coinbase International QQQ-PERP-INTX | +0.0064% | 1h | 744.09 | +0.040% | $1.2M | $546K | 20x | as long as short |
| Variational Omni QQQ | +0.0066% | 8h | 744.61 | +0.110% | $17.1M | $8.0M | — | as long as short |
| Binance QQQUSDT | +0.0095% | 8h | 744.71 | +0.124% | $71.3M | $149.8M | 25x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0099% | 1h | 744.46 | +0.090% | $425K | $147K | 20x | as long as short |
| Nado QQQ-PERP | +0.0100% | 1h | 744.33 | +0.073% | $1.5M | $1.2M | 20x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 744.26 | +0.063% | $3.4M | $411K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 744.16 | +0.050% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 744.39 | +0.081% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 743.88 | +0.013% | $93K | $1K | 10x | as long as short |
| Bitget QQQUSDT | +0.0151% | 8h | 744.73 | +0.126% | $16.9M | $6.1M | 20x | as long as short |
| edgeX QQQUSDC | +0.0170% | 4h | 744.59 | +0.107% | $761K | $336K | 20x | as long as short |
| RISEx QQQ/USDC | +0.0208% | 1h | 744.70 | +0.122% | $5.4M | $8.4M | 25x | as long as short |
| Phoenix QQQ | +0.0258% | 1h | 744.36 | +0.077% | $38K | $66K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0346% | 8h | 744.84 | +0.141% | $318K | $1.8M | 10x | as long as short |
Lighter QQQ
Lighter RH QQQ
Coinbase International QQQ-PERP-INTX
Variational Omni QQQ
Binance QQQUSDT
Deribit QQQ_USDC-PERPETUAL
Nado QQQ-PERP
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Bitget QQQUSDT
edgeX QQQUSDC
RISEx QQQ/USDC
Phoenix QQQ
GRVT QQQ_USDT_Perp