Funding you earn now, next payment 10:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.028%
Price spread now: ApeX Omni against Aster−0.011%7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$13as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$300.295% of the position
Funding, last 7 days+0.169%+$17 on $10k
+Price spread, last 4 days (all we have)+0.034%+$3 · spread now −0.011%, 7d avg −0.020%
=Together, before fees+0.203%+ Points / potential airdropAster: Stage 5 · farm board+$20 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.020%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster QQQUSDT | 741.82 | 0 | get 0.0000% / 8h | 6h 55m | $857K | $902K | 20x |
| Short | ApeX Omni QQQUSDT | 741.74 | 0.0100 | get 0.0013% / 1h | 55m 34s | $20K | $2.2M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Aster. 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
- Price spread: −0.011% → −0.020%
- $0.99
- Slippage, 4 orders
- −$11.52
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$7.53
- Costs to cover
- 0.295%
- Break-even
- 9.5 days
Slippage from Aster: live order book, 37 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 Aster live order book, 37 min ago | 0.88 bp | 4.9 bp −$5 | 5.2 bp −$52 | 22.9 bp −$2,285 | doesn't fit |
| Sell ApeX Omni live order book, 3 min ago | 3.84 bp | 9.8 bp −$10 | 27.9 bp −$279 | 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 −0.0192% / S +0.0277% | 1h | 742.11 | +0.039% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0062% | 1h | 740.71 | −0.149% | $4.2M | $1.8M | 20x | as long as short |
| BloFin QQQ-USDT | −0.0007% | 8h | 741.88 | +0.008% | $1.1M | $281K | 20x | as long as short |
| Aster QQQUSDTlong | 0.0000% | 8h | 741.82 | long leg | $857K | $902K | 20x | |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 741.49 | −0.044% | $21.6M | $30.1M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 742.00 | +0.025% | $5.4M | $5.7M | 25x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 741.41 | −0.055% | $3.5M | $19.7M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 741.71 | −0.015% | $16.6M | $5.3M | 20x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 742.62 | +0.108% | $2K | $1.6M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 742.48 | +0.089% | $251K | $38K | 30x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex QQQUSDT | 0.0000% | 8h | 742.39 | +0.077% | $362K | $1.6M | 10x | as long as short |
| Variational Omni QQQ | +0.0029% | 8h | 741.96 | +0.019% | $16.8M | $7.3M | — | as long as short |
| Lighter QQQ | +0.0032% | 1h | 741.45 | −0.050% | $7.6M | $14.7M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 741.85 | +0.004% | $38.3M | $76.8M | 50x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0032% | 1h | 741.63 | −0.025% | $1.2M | $512K | 20x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 740.93 | −0.120% | $647K | $1.4M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 742.58 | +0.103% | — | $337K | 50x | as long as short |
| Binance QQQUSDT | +0.0055% | 8h | 741.65 | −0.023% | $70.9M | $141.9M | 25x | as long as short |
| Bybit QQQUSDT | +0.0078% | 8h | 741.79 | −0.004% | $10.6M | $5.0M | 50x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 741.45 | −0.050% | $3.4M | $414K | 20x | as long as short |
| ApeX Omni QQQUSDTshort | +0.0100% | 1h | 741.74 | −0.011% | $20K | $2.2M | 50x | |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 741.86 | +0.006% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 741.26 | −0.075% | $92K | $1K | 10x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0128% | 1h | 741.75 | −0.009% | $424K | $125K | 20x | as long as short |
| Nado QQQ-PERP | +0.0145% | 1h | 741.38 | −0.059% | $1.6M | $744K | 20x | as long as short |
| Phoenix QQQ | +0.0248% | 1h | 741.73 | −0.012% | $38K | $59K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0277% | 8h | 742.31 | +0.066% | $315K | $2.0M | 10x | as long as short |
| edgeX QQQUSDC | +0.0704% | 4h | 741.86 | +0.006% | $759K | $335K | 20x | as long as short |
Aster QQQUSDT
ApeX Omni QQQUSDT
GMX QQQ/USD [ETH-USDC]
BloFin QQQ-USDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Gate QQQ_USDT
Bitget QQQUSDT
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDT
Variational Omni QQQ
Lighter QQQ
Lighter RH QQQ
Coinbase International QQQ-PERP-INTX
Binance QQQUSDT
Bybit QQQUSDT
KuCoin QQQUSDTM
Deribit QQQ_USDC-PERPETUAL
Phoenix QQQ
GRVT QQQ_USDT_Perp
edgeX QQQUSDC