Settings8H · net · $10k
Funding arb · Price arb /

QQQ

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0048%/8h= +5.3% APRnext payment +$0.48 per $10,000 · paid last 24h +0.020%
Price spread now: Variational Omni against Aster−0.007%7-day average −0.004% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.020%+$2 on $10k
Price spread, last 4 days (all we have)+0.010%+$1 · spread now −0.007%, 7d avg −0.004%
Together, before fees+0.030%+ Points / potential airdropAster: Stage 5 · Variational Omni: Active · farm board+$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.004%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster QQQUSDT741.870.0004pay 0.0004% / 8h2h 25m$840K$780K20x
ShortVariational Omni QQQ741.820.0052get 0.0052% / 8h2h 25m$17.2M$10.6M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$10.17
Price spread: −0.007% → −0.004%
−$0.28
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$1.89
Costs to cover
0.080%
Break-even
5.7 days
Slippage unknown: Aster: live order book, 62 min ago; Variational Omni: RFQ quote, 3 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 62 min ago0.41 bp5.2 bp −$56.6 bp −$6635.3 bp −$3,530doesn't fit
Sell Variational Omni RFQ quote, 3 min ago1.89 bpdoesn't fit2.9 bp −$2916.7 bp −$1,673doesn't fit

QQQ on 28 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX QQQ/USD [ETH-USDC]L −0.0056% / S +0.0170%1h742.05+0.025%$25K26xas long as short
BloFin QQQ-USDT−0.0030%8h741.83−0.005%$1.0M$509K20xas long as short
OKX QQQ-USDT-SWAP0.0000%8h741.83−0.005%$21.3M$28.1M50xas long as short
Gate QQQ_USDT0.0000%8h741.63−0.032%$3.1M$33.2M50xas long as short
SunX QQQ-USDT0.0000%8h742.48+0.082%$2K$2.5M10xas long as short
HTX QQQ-USDT0.0000%8h742.23+0.049%$256K$32K30xas long as short
Phemex QQQUSDT0.0000%8h742.47+0.081%$359K$1.4M10xas long as short
Aster QQQUSDTlong+0.0004%8h741.87long leg$840K$780K20x
Arcus QQQ-USD+0.0025%1h741.30−0.077%$735K$1.5M25xas long as short
Ondo Perps QQQ-USD.P+0.0035%1h740.84−0.139%$4.2M$2.2M20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest QQQ-USD-PERP+0.0046%1h742.51+0.086%$621K50xas long as short
Variational Omni QQQshort+0.0052%8h741.82−0.007%$17.2M$10.6M
Bybit QQQUSDT+0.0061%8h742.19+0.043%$10.7M$5.4M50xas long as short
Coinbase International QQQ-PERP-INTX+0.0064%1h741.44−0.058%$1.2M$894K20xas long as short
Phoenix QQQ+0.0076%1h741.50−0.050%$38K$73K20xas long as short
Binance QQQUSDT+0.0086%8h742.01+0.019%$69.9M$165.5M25xas long as short
KuCoin QQQUSDTM+0.0100%8h741.51−0.049%$3.4M$449K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h741.38−0.066%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h741.19−0.092%$7K$15K20xas long as short
Lighter QQQ+0.0104%1h741.92+0.007%$7.9M$21.6M30xas long as short
Aevo QQQ-PERP+0.0104%1h741.37−0.067%$92K$1K10xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0114%1h741.88+0.001%$424K$304K20xas long as short
Lighter RH QQQ+0.0128%1h742.21+0.046%$37.9M$82.7M50xas long as short
GRVT QQQ_USDT_Perp+0.0165%8h741.96+0.013%$326K$1.7M10xas long as short
RISEx QQQ/USDC+0.0212%1h742.09+0.029%$5.3M$9.2M25xas long as short
Bitget QQQUSDT+0.0233%8h742.06+0.026%$16.8M$7.7M20xas long as short
Nado QQQ-PERP+0.0249%1h741.45−0.056%$1.5M$1.4M20xas long as short
edgeX QQQUSDC+0.0353%4h741.82−0.007%$758K$337K20xas long as short