Funding you earn now, next payment 16:00 UTC−0.0029%/8h= −3.2% APRnext payment −$0.29 per $10,000 · paid last 24h −0.021%
Price spread now: Aster against Binance+0.012%7-day average −0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$12as in the Funding arb table
Net, price: spread back to 7d avg − costs−$17as in the Price arb table
costs, in and out, $10k−$190.194% of the position
Funding, last 7 days+0.073%+$7 on $10k
+Price spread, last 4 days (all we have)−0.134%−$13 · spread now +0.012%, 7d avg −0.012%
=Together, before fees−0.061%+ Points / potential airdropAster: Stage 5 · farm board−$6 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.024% dearer against Binance than usual: you sell high and buy low (spread +0.012% now, against its 7-day average of −0.012%): +$2 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2.7 days. Mind the row above: over the last 7 days funding on this pair paid +0.073%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance QQQUSDT | 741.11 | 0.0029 | pay 0.0029% / 8h | 7h 55m | $70.3M | $140.0M | 25x |
| Short | Aster QQQUSDT | 741.20 | 0 | get 0.0000% / 8h | 7h 55m | $823K | $865K | 20x |
Binance QQQUSDT
Aster QQQUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Binance. 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
- −$6.12
- Price spread: +0.012% → −0.012%
- $2.39
- Slippage, 4 orders
- −$1.37
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$23.1
- Costs to cover
- 0.194%
- Break-even
- never at this rate
Slippage from Binance: live order book, 2 min ago; Aster: live order book, 42 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 Binance live order book, 2 min ago | 0.07 bp | 5.1 bp −$5 | 5.5 bp −$55 | 12.6 bp −$1,259 | 37.0 bp −$18.5K |
| Sell Aster live order book, 42 min ago | 0.07 bp | 4.1 bp −$4 | 6.8 bp −$68 | 41.1 bp −$4,109 | 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 −0.0180% / S +0.0267% | 1h | 741.50 | +0.052% | $25K | — | 26x | as long as short |
| Aster QQQUSDTshort | 0.0000% | 8h | 741.20 | +0.012% | $823K | $865K | 20x | |
| Bybit QQQUSDT | 0.0000% | 8h | 741.13 | +0.003% | $10.7M | $4.9M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 740.88 | −0.031% | $21.5M | $28.2M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 740.97 | −0.019% | $5.3M | $5.8M | 25x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 740.81 | −0.040% | $3.4M | $20.5M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 741.20 | +0.012% | $16.5M | $5.2M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 741.37 | +0.035% | $16.8M | $7.2M | — | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 741.85 | +0.100% | $2K | $1.7M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 741.58 | +0.063% | $250K | $41K | 30x | as long as short |
GMX QQQ/USD [ETH-USDC]
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Gate QQQ_USDT
Bitget QQQUSDT
Variational Omni QQQ
SunX QQQ-USDT
HTX QQQ-USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex QQQUSDT | 0.0000% | 8h | 741.85 | +0.100% | $363K | $1.6M | 10x | as long as short |
| BloFin QQQ-USDT | +0.0002% | 8h | 741.25 | +0.019% | $1.1M | $274K | 20x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0024% | 1h | 741.06 | −0.007% | $1.2M | $486K | 20x | as long as short |
| Binance QQQUSDTlong | +0.0029% | 8h | 741.11 | long leg | $70.3M | $140.0M | 25x | |
| Lighter QQQ | +0.0032% | 1h | 740.86 | −0.034% | $7.7M | $15.0M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 741.19 | +0.011% | $37.5M | $78.6M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 740.20 | −0.123% | $646K | $1.7M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 742.35 | +0.167% | — | $337K | 50x | as long as short |
| Ondo Perps QQQ-USD.P | +0.0050% | 1h | 740.43 | −0.092% | $4.2M | $1.8M | 20x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 740.77 | −0.046% | $3.4M | $365K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 741.02 | −0.012% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 741.25 | +0.019% | $12K | $21K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0101% | 8h | 741.77 | +0.089% | $314K | $2.0M | 10x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 740.77 | −0.046% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0149% | 1h | 741.15 | +0.006% | $1.6M | $744K | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0222% | 1h | 741.24 | +0.018% | $423K | $156K | 20x | as long as short |
| Phoenix QQQ | +0.0227% | 1h | 741.35 | +0.032% | $38K | $65K | 20x | as long as short |
| edgeX QQQUSDC | +0.0826% | 4h | 741.65 | +0.073% | $758K | $334K | 20x | as long as short |
Phemex QQQUSDT
BloFin QQQ-USDT
Coinbase International QQQ-PERP-INTX
Lighter QQQ
Lighter RH QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
Ondo Perps QQQ-USD.P
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
GRVT QQQ_USDT_Perp
Aevo QQQ-PERP
Nado QQQ-PERP
Deribit QQQ_USDC-PERPETUAL
Phoenix QQQ
edgeX QQQUSDC