Funding you earn now, next payment 08:00 UTC−0.0013%/8h= −1.4% APRnext payment −$0.13 per $10,000 · paid last 24h −0.006%
Price spread now: Variational Omni against Binance+0.014%7-day average −0.013% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.097%+$10 on $10k
+Price spread, last 7 days−0.026%−$3 · spread now +0.014%, 7d avg −0.013%
=Together, before fees+0.071%+ Points / potential airdropVariational Omni: Active · farm board+$7 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.027% dearer against Binance than usual: you sell high and buy low (spread +0.014% now, against its 7-day average of −0.013%): +$3 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 7.2 days. Mind the row above: over the last 4 days funding on this pair paid +0.097%, 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 | 743.33 | 0.0013 | pay 0.0013% / 8h | 3h 49m | $70.9M | $141.1M | 25x |
| Short | Variational Omni QQQ | 743.43 | 0 | get 0.0000% / 8h | 3h 49m | $17.1M | $7.4M | — |
Binance QQQUSDT
Variational Omni QQQFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$2.67
- Price spread: +0.014% → −0.013%
- $2.73
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$9.94
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 8 min ago; Variational Omni: RFQ quote, 4 min ago. 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 Binance live order book, 8 min ago | 0.07 bp | 5.1 bp −$5 | 5.8 bp −$58 | 10.4 bp −$1,040 | 26.1 bp −$13.0K |
| Sell Variational Omni RFQ quote, 4 min ago | 1.90 bp | doesn't fit | 3.2 bp −$32 | 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 −0.0131% / S +0.0229% | 1h | 743.46 | +0.017% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0034% | 1h | 742.29 | −0.140% | $4.2M | $1.8M | 20x | as long as short |
| BloFin QQQ-USDT | −0.0013% | 8h | 743.61 | +0.038% | $1.1M | $255K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 743.34 | +0.002% | $840K | $714K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 743.48 | +0.020% | $10.7M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 743.24 | −0.012% | $21.4M | $26.9M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 743.01 | −0.043% | $3.3M | $20.7M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 743.72 | +0.052% | $16.9M | $5.5M | 20x | as long as short |
| Variational Omni QQQshort | 0.0000% | 8h | 743.43 | +0.014% | $17.1M | $7.4M | — | |
| SunX QQQ-USDT | 0.0000% | 8h | 744.00 | +0.090% | $2K | $1.9M | 10x | as long as short |
GMX QQQ/USD [ETH-USDC]
Ondo Perps QQQ-USD.P
BloFin QQQ-USDT
Aster QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
Bitget QQQUSDT
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 | 743.18 | −0.020% | $1.2M | $536K | 20x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 744.04 | +0.096% | $257K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 743.76 | +0.058% | $361K | $1.6M | 10x | as long as short |
| RISEx QQQ/USDC | +0.0010% | 1h | 743.47 | +0.019% | $5.4M | $7.3M | 25x | as long as short |
| Binance QQQUSDTlong | +0.0013% | 8h | 743.33 | long leg | $70.9M | $141.1M | 25x | |
| Lighter QQQ | +0.0032% | 1h | 743.17 | −0.022% | $7.7M | $15.8M | 30x | as long as short |
| Lighter RH QQQ | +0.0040% | 1h | 743.58 | +0.034% | $37.0M | $78.0M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 742.96 | −0.050% | $699K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 744.44 | +0.149% | — | $337K | 50x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0080% | 8h | 743.92 | +0.080% | $326K | $1.9M | 10x | as long as short |
| Nado QQQ-PERP | +0.0097% | 1h | 743.14 | −0.026% | $1.5M | $783K | 20x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 743.15 | −0.024% | $3.4M | $343K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 743.42 | +0.012% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 743.12 | −0.028% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 742.64 | −0.093% | $92K | $1K | 10x | as long as short |
| Phoenix QQQ | +0.0118% | 1h | 743.27 | −0.008% | $38K | $66K | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0181% | 1h | 743.27 | −0.008% | $425K | $150K | 20x | as long as short |
| edgeX QQQUSDC | +0.0470% | 4h | 743.62 | +0.039% | $760K | $335K | 20x | as long as short |
Coinbase International QQQ-PERP-INTX
HTX QQQ-USDT
Phemex QQQUSDT
RISEx QQQ/USDC
Lighter QQQ
Lighter RH QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
GRVT QQQ_USDT_Perp
Nado QQQ-PERP
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Phoenix QQQ
Deribit QQQ_USDC-PERPETUAL
edgeX QQQUSDC