Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.025%
Price spread now: Orderly against Aster−0.030%49s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Orderly is 0.030% cheaper against Aster than usual: you would sell low and buy high (spread −0.030% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 24 hours of funding at the current rate (+$3 a day). The two prices were read 49 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 | 743.71 | 0 | get 0.0000% / 8h | 3h 52m | $840K | $714K | 20x |
| Short | Orderly PERP_QQQ_USDC_mythos | 743.48 | 0.0100 | get 0.0100% / 8h | 3h 52m | $12K | $21K | 20x |
Aster QQQUSDT
Orderly PERP_QQQ_USDC_mythosFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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: −0.030% → 0.000%
- −$3.04
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $3.96
- Costs to cover
- 0.140%
- Break-even
- 5.7 days
Slippage unknown: Aster: live order book, just now; Orderly: 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 Aster live order book, just now | 0.81 bp | 4.9 bp −$5 | 5.7 bp −$57 | 66.6 bp −$6,659 | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX QQQ/USD [ETH-USDC] | L −0.0131% / S +0.0229% | 1h | 743.61 | −0.014% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0038% | 1h | 742.62 | −0.146% | $4.2M | $1.8M | 20x | as long as short |
| BloFin QQQ-USDT | −0.0016% | 8h | 743.63 | −0.010% | $1.1M | $256K | 20x | as long as short |
| Aster QQQUSDTlong | 0.0000% | 8h | 743.71 | long leg | $840K | $714K | 20x | |
| Bybit QQQUSDT | 0.0000% | 8h | 743.69 | −0.002% | $10.7M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 743.51 | −0.026% | $21.5M | $26.8M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 743.25 | −0.061% | $3.3M | $20.7M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 743.80 | +0.013% | $16.9M | $5.5M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 743.78 | +0.011% | $17.1M | $7.4M | — | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 744.19 | +0.065% | $2K | $1.9M | 10x | as long as short |
GMX QQQ/USD [ETH-USDC]
Ondo Perps QQQ-USD.P
BloFin QQQ-USDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
Bitget QQQUSDT
Variational Omni QQQ
SunX QQQ-USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International QQQ-PERP-INTX | 0.0000% | 1h | 743.62 | −0.012% | $1.2M | $536K | 20x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 744.04 | +0.045% | $257K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 744.09 | +0.052% | $362K | $1.6M | 10x | as long as short |
| RISEx QQQ/USDC | +0.0010% | 1h | 743.75 | +0.007% | $5.4M | $7.3M | 25x | as long as short |
| Binance QQQUSDT | +0.0014% | 8h | 743.54 | −0.023% | $70.9M | $141.1M | 25x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 743.56 | −0.020% | $7.7M | $15.8M | 30x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 743.10 | −0.082% | $699K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 744.60 | +0.120% | — | $337K | 50x | as long as short |
| Lighter RH QQQ | +0.0056% | 1h | 743.90 | +0.026% | $37.0M | $77.9M | 50x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0086% | 8h | 744.21 | +0.068% | $326K | $1.9M | 10x | as long as short |
| Nado QQQ-PERP | +0.0095% | 1h | 743.38 | −0.044% | $1.5M | $790K | 20x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 743.38 | −0.044% | $3.4M | $342K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 743.42 | −0.038% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythosshort | +0.0100% | 8h | 743.48 | −0.030% | $12K | $21K | 20x | |
| Aevo QQQ-PERP | +0.0104% | 1h | 743.01 | −0.094% | $92K | $1K | 10x | as long as short |
| Phoenix QQQ | +0.0118% | 1h | 743.69 | −0.002% | $38K | $66K | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0127% | 1h | 743.58 | −0.017% | $425K | $150K | 20x | as long as short |
| edgeX QQQUSDC | +0.0851% | 4h | 743.70 | −0.001% | $760K | $334K | 20x | as long as short |
Coinbase International QQQ-PERP-INTX
HTX QQQ-USDT
Phemex QQQUSDT
RISEx QQQ/USDC
Binance QQQUSDT
Lighter QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
Lighter RH QQQ
GRVT QQQ_USDT_Perp
Nado QQQ-PERP
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Aevo QQQ-PERP
Phoenix QQQ
Deribit QQQ_USDC-PERPETUAL
edgeX QQQUSDC