Funding you earn now, next payment 00:00 UTC+0.0165%/8h= +18.1% APRnext payment +$1.65 per $10,000 · paid last 24h +0.008%
Price spread now: GRVT against Aster+0.036%50s7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$200.195% of the position
Funding, last 7 days+0.182%+$18 on $10k
+Price spread, last 3 days (all we have)+0.005%$0 · spread now +0.036%, 7d avg +0.023%
=Together, before fees+0.186%+ Points / potential airdropAster: Stage 5 · GRVT: Active · farm board+$19 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.023%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster QQQUSDT | 741.87 | 0.0005 | pay 0.0005% / 8h | 2h 22m | $840K | $780K | 20x |
| Short | GRVT QQQ_USDT_Perp | 742.14 | 0.0170 | get 0.0170% / 8h | 2h 22m | $316K | $1.7M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- $34.66
- Price spread: +0.036% → +0.023%
- $1.3
- Slippage, 4 orders
- −$2.54
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- $16.41
- Costs to cover
- 0.195%
- Break-even
- 3.7 days
Slippage from Aster: live order book, 65 min ago; GRVT: live order book, 6 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, 65 min ago | 0.41 bp | 5.2 bp −$5 | 6.6 bp −$66 | 35.3 bp −$3,530 | doesn't fit |
| Sell GRVT live order book, 6 min ago | 0.47 bp | 5.0 bp −$5 | 6.1 bp −$61 | 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 −0.0057% / S +0.0171% | 1h | 741.99 | +0.016% | $25K | — | 26x | as long as short |
| BloFin QQQ-USDT | −0.0017% | 8h | 741.82 | −0.007% | $1.0M | $509K | 20x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 741.77 | −0.013% | $21.3M | $28.1M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 741.59 | −0.038% | $3.1M | $33.2M | 50x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 742.41 | +0.073% | $2K | $2.5M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 742.11 | +0.032% | $256K | $32K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 742.46 | +0.080% | $361K | $1.4M | 10x | as long as short |
| Aster QQQUSDTlong | +0.0005% | 8h | 741.87 | long leg | $840K | $780K | 20x | |
| Arcus QQQ-USD | +0.0025% | 1h | 741.30 | −0.077% | $735K | $1.5M | 25x | as long as short |
| Ondo Perps QQQ-USD.P | +0.0035% | 1h | 740.84 | −0.139% | $4.2M | $2.2M | 20x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest QQQ-USD-PERP | +0.0046% | 1h | 742.44 | +0.077% | — | $621K | 50x | as long as short |
| Variational Omni QQQ | +0.0055% | 8h | 742.03 | +0.021% | $17.2M | $10.6M | — | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0064% | 1h | 741.44 | −0.058% | $1.2M | $894K | 20x | as long as short |
| Bybit QQQUSDT | +0.0065% | 8h | 742.04 | +0.023% | $10.7M | $5.4M | 50x | as long as short |
| Phoenix QQQ | +0.0076% | 1h | 741.66 | −0.028% | $38K | $73K | 20x | as long as short |
| Binance QQQUSDT | +0.0087% | 8h | 741.93 | +0.007% | $69.9M | $165.5M | 25x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 741.51 | −0.049% | $3.4M | $449K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 741.45 | −0.057% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 741.19 | −0.092% | $7K | $15K | 20x | as long as short |
| Lighter QQQ | +0.0104% | 1h | 741.83 | −0.005% | $7.9M | $21.6M | 30x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 741.35 | −0.070% | $92K | $1K | 10x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0114% | 1h | 741.82 | −0.007% | $424K | $304K | 20x | as long as short |
| Lighter RH QQQ | +0.0120% | 1h | 742.18 | +0.042% | $37.9M | $82.8M | 50x | as long as short |
| GRVT QQQ_USDT_Perpshort | +0.0170% | 8h | 742.14 | +0.036% | $316K | $1.7M | 10x | |
| RISEx QQQ/USDC | +0.0212% | 1h | 742.09 | +0.029% | $5.4M | $9.2M | 25x | as long as short |
| Bitget QQQUSDT | +0.0233% | 8h | 741.95 | +0.011% | $16.8M | $7.7M | 20x | as long as short |
| Nado QQQ-PERP | +0.0248% | 1h | 741.43 | −0.060% | $1.5M | $1.4M | 20x | as long as short |
| edgeX QQQUSDC | +0.0856% | 4h | 742.03 | +0.021% | $759K | $335K | 20x | as long as short |
Aster QQQUSDT
GRVT QQQ_USDT_Perp
GMX QQQ/USD [ETH-USDC]
BloFin QQQ-USDT
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDT
Variational Omni QQQ
Coinbase International QQQ-PERP-INTX
Bybit QQQUSDT
Phoenix QQQ
Binance QQQUSDT
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Lighter QQQ
Deribit QQQ_USDC-PERPETUAL
Lighter RH QQQ
RISEx QQQ/USDC
Bitget QQQUSDT
edgeX QQQUSDC