Funding you earn now, next payment 23:00 UTC−0.0025%/8h= −2.7% APRpaid last 24h +0.089%
Price spread now: Vest against Binance+0.043%7-day average +0.123% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.118%+$12 on $10k
+Price spread, last 2 days (all we have)+0.252%+$25 · spread now +0.043%, 7d avg +0.123%
=Together, before fees+0.370%+ Points / potential airdropVest: Active · farm board+$37 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Vest is 0.080% cheaper against Binance than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.123%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.118%, 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 | 743.10 | 0.0070 | pay 0.0070% / 8h | 1h 04m | $70.7M | $160.7M | 25x |
| Short | Vest QQQ-USD-PERP | 743.42 | 0.0046 | get 0.0006% / 1h | 4m 20s | — | $621K | 50x |
Binance QQQUSDT
Vest QQQ-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Vest 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
- −$5.15
- Price spread: +0.043% → +0.123%
- −$7.97
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$25.12
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 9 min ago; Vest: 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 Binance live order book, 9 min ago | 0.07 bp | 5.1 bp −$5 | 5.1 bp −$51 | 10.1 bp −$1,005 | 26.6 bp −$13.3K |
| Sell Vest no order-book sample | — | — | — | — | — |
Vest: 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 −0.0066% / S +0.0178% | 1h | 743.12 | +0.002% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0033% | 1h | 742.00 | −0.148% | $4.2M | $2.1M | 20x | as long as short |
| BloFin QQQ-USDT | −0.0016% | 8h | 742.23 | −0.117% | $1.0M | $468K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 742.67 | −0.058% | $841K | $780K | 20x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 742.85 | −0.034% | $21.5M | $27.7M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 742.65 | −0.060% | $3.1M | $32.9M | 50x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 743.46 | +0.049% | $2K | $2.3M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 743.12 | +0.003% | $257K | $26K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 743.21 | +0.015% | $359K | $1.4M | 10x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 743.19 | +0.012% | $37.7M | $82.0M | 50x | as long as short |
GMX QQQ/USD [ETH-USDC]
Ondo Perps QQQ-USD.P
BloFin QQQ-USDT
Aster QQQUSDT
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDT
Lighter RH QQQShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni QQQ | +0.0036% | 8h | 742.77 | −0.044% | $17.6M | $10.3M | — | as long as short |
| Lighter QQQ | +0.0040% | 1h | 742.90 | −0.027% | $7.7M | $21.6M | 30x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 742.15 | −0.128% | $737K | $1.4M | 25x | as long as short |
| Vest QQQ-USD-PERPshort | +0.0046% | 1h | 743.42 | +0.043% | — | $621K | 50x | |
| Binance QQQUSDTlong | +0.0070% | 8h | 743.10 | long leg | $70.7M | $160.7M | 25x | |
| Bybit QQQUSDT | +0.0083% | 8h | 743.10 | 0.000% | $10.7M | $5.4M | 50x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0088% | 1h | 742.43 | −0.090% | $1.2M | $868K | 20x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 742.45 | −0.087% | $3.4M | $429K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 742.27 | −0.112% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 742.37 | −0.098% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 742.30 | −0.108% | $92K | $1K | 10x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0127% | 1h | 742.71 | −0.052% | $424K | $227K | 20x | as long as short |
| Nado QQQ-PERP | +0.0161% | 1h | 742.52 | −0.078% | $1.5M | $1.3M | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0171% | 8h | 742.97 | −0.017% | $319K | $1.8M | 10x | as long as short |
| Bitget QQQUSDT | +0.0193% | 8h | 742.87 | −0.031% | $16.9M | $7.0M | 20x | as long as short |
| Phoenix QQQ | +0.0259% | 1h | 742.27 | −0.112% | $38K | $73K | 20x | as long as short |
| RISEx QQQ/USDC | +0.0315% | 1h | 743.05 | −0.006% | $5.3M | $9.0M | 25x | as long as short |
| edgeX QQQUSDC | +0.0315% | 4h | 742.72 | −0.051% | $759K | $336K | 20x | as long as short |
Variational Omni QQQ
Lighter QQQ
Arcus QQQ-USD
Bybit QQQUSDT
Coinbase International QQQ-PERP-INTX
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Deribit QQQ_USDC-PERPETUAL
Nado QQQ-PERP
GRVT QQQ_USDT_Perp
Bitget QQQUSDT
Phoenix QQQ
RISEx QQQ/USDC
edgeX QQQUSDC