Funding you earn now, next payment 08:00 UTC+0.0070%/8h= +7.6% APRnext payment +$0.70 per $10,000 · paid last 24h −0.089%
Price spread now: Binance against Aster+0.029%7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$190.193% of the position
Funding, last 7 days−0.079%−$8 on $10k
+Price spread, last 2 days (all we have)+0.004%$0 · spread now +0.029%, 7d avg +0.021%
=Together, before fees−0.075%+ Points / potential airdropAster: Stage 5 · farm board−$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.021%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.079%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster QQQUSDT | 743.38 | 0 | get 0.0000% / 8h | 7h 58m | $839K | $799K | 20x |
| Short | Binance QQQUSDT | 743.59 | 0.0070 | get 0.0070% / 8h | 7h 58m | $70.9M | $161.1M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $14.63
- Price spread: +0.029% → +0.021%
- $0.8
- Slippage, 4 orders
- −$1.33
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$3.89
- Costs to cover
- 0.193%
- Break-even
- 8.9 days
Slippage from Aster: live order book, 14 min ago; Binance: live order book, 14 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, 14 min ago | 0.27 bp | 4.8 bp −$5 | 6.8 bp −$68 | 32.4 bp −$3,239 | doesn't fit |
| Sell Binance live order book, 14 min ago | 0.07 bp | 5.1 bp −$5 | 5.2 bp −$52 | 9.2 bp −$924 | 24.9 bp −$12.5K |
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 | −0.0240% | 1h | 741.95 | −0.192% | $4.2M | $2.0M | 20x | as long as short |
| GMX QQQ/USD [ETH-USDC] | L −0.0080% / S +0.0189% | 1h | 743.59 | +0.028% | $25K | — | 26x | as long as short |
| Aster QQQUSDTlong | 0.0000% | 8h | 743.38 | long leg | $839K | $799K | 20x | |
| Bybit QQQUSDT | 0.0000% | 8h | 743.63 | +0.034% | $10.7M | $4.9M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 743.41 | +0.004% | $21.5M | $25.8M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 743.14 | −0.032% | $3.1M | $25.9M | 50x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 744.02 | +0.086% | $1K | $2.3M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 743.13 | −0.034% | $257K | $25K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 743.83 | +0.061% | $361K | $1.4M | 10x | as long as short |
| BloFin QQQ-USDT | +0.0015% | 8h | 743.09 | −0.039% | $1.0M | $318K | 20x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH QQQ | +0.0032% | 1h | 743.85 | +0.063% | $37.4M | $78.3M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 742.77 | −0.082% | $747K | $1.5M | 25x | as long as short |
| Variational Omni QQQ | +0.0042% | 8h | 743.41 | +0.005% | $17.2M | $10.8M | — | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 744.10 | +0.097% | — | $621K | 50x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0064% | 1h | 743.04 | −0.046% | $1.2M | $697K | 20x | as long as short |
| Binance QQQUSDTshort | +0.0070% | 8h | 743.59 | +0.029% | $70.9M | $161.1M | 25x | |
| Lighter QQQ | +0.0088% | 1h | 743.53 | +0.020% | $7.6M | $18.1M | 30x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 743.14 | −0.032% | $3.4M | $414K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 743.14 | −0.032% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 743.32 | −0.008% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 742.97 | −0.055% | $92K | $1K | 10x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0127% | 1h | 743.32 | −0.008% | $425K | $158K | 20x | as long as short |
| Bitget QQQUSDT | +0.0169% | 8h | 743.62 | +0.032% | $16.9M | $6.7M | 20x | as long as short |
| Nado QQQ-PERP | +0.0175% | 1h | 743.12 | −0.034% | $1.5M | $1.2M | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0187% | 8h | 743.68 | +0.040% | $316K | $1.8M | 10x | as long as short |
| Phoenix QQQ | +0.0194% | 1h | 743.19 | −0.026% | $38K | $66K | 20x | as long as short |
| RISEx QQQ/USDC | +0.0208% | 1h | 743.50 | +0.016% | $5.6M | $9.0M | 25x | as long as short |
| edgeX QQQUSDC | +0.0806% | 4h | 743.41 | +0.005% | $760K | $337K | 20x | as long as short |
Aster QQQUSDT
Binance QQQUSDT
GMX QQQ/USD [ETH-USDC]
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDT
BloFin QQQ-USDT
Lighter RH QQQ
Variational Omni QQQ
Coinbase International QQQ-PERP-INTX
Lighter QQQ
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Deribit QQQ_USDC-PERPETUAL
Bitget QQQUSDT
GRVT QQQ_USDT_Perp
Phoenix QQQ
RISEx QQQ/USDC
edgeX QQQUSDC