Funding you earn now, next payment 00:00 UTC−0.0212%/8h= −23.2% APRnext payment −$2.12 per $10,000 · paid last 24h −0.019%
Price spread now: Aster against Bitget−0.023%7-day average −0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$220.220% of the position
Funding, last 7 days−0.068%−$7 on $10k
+Price spread, last 4 days (all we have)+0.008%+$1 · spread now −0.023%, 7d avg −0.041%
=Together, before fees−0.060%+ Points / potential airdropAster: Stage 5 · farm board−$6 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.041%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.068% in total (about -3.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.12 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget QQQUSDT | 742.50 | 0.0212 | pay 0.0212% / 8h | 1h 36m | $16.7M | $7.1M | 20x |
| Short | Aster QQQUSDT | 742.33 | 0 | get 0.0000% / 8h | 1h 36m | $840K | $780K | 20x |
Bitget QQQUSDT
Aster QQQUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Bitget. 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
- −$44.52
- Price spread: −0.023% → −0.041%
- $1.85
- Slippage, 4 orders
- −$1.96
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$64.63
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 2 min ago; Aster: live order book, 46 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 Bitget live order book, 2 min ago | 0.07 bp | 6.3 bp −$6 | 8.3 bp −$83 | 11.7 bp −$1,170 | doesn't fit |
| Sell Aster live order book, 46 min ago | 0.47 bp | 4.5 bp −$4 | 6.4 bp −$64 | 30.4 bp −$3,041 | 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 −0.0068% / S +0.0180% | 1h | 742.53 | +0.005% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0030% | 1h | 741.26 | −0.167% | $4.2M | $2.2M | 20x | as long as short |
| BloFin QQQ-USDT | −0.0024% | 8h | 742.13 | −0.050% | $1.0M | $482K | 20x | as long as short |
| Aster QQQUSDTshort | 0.0000% | 8h | 742.33 | −0.023% | $840K | $780K | 20x | |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 742.27 | −0.031% | $21.5M | $28.2M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 742.00 | −0.067% | $3.1M | $32.8M | 50x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 742.97 | +0.063% | $2K | $2.4M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 742.71 | +0.028% | $257K | $32K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 742.75 | +0.034% | $364K | $1.5M | 10x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 742.71 | +0.028% | $37.7M | $81.2M | 50x | as long as short |
GMX QQQ/USD [ETH-USDC]
Ondo Perps QQQ-USD.P
BloFin QQQ-USDT
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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX QQQUSDC | +0.0036% | 4h | 742.38 | −0.017% | $759K | $336K | 20x | as long as short |
| Lighter QQQ | +0.0040% | 1h | 742.35 | −0.020% | $7.8M | $21.5M | 30x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 741.80 | −0.094% | $737K | $1.4M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 743.02 | +0.070% | — | $621K | 50x | as long as short |
| Variational Omni QQQ | +0.0056% | 8h | 742.44 | −0.008% | $17.2M | $10.1M | — | as long as short |
| Binance QQQUSDT | +0.0078% | 8h | 742.47 | −0.004% | $69.6M | $161.3M | 25x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0088% | 1h | 742.02 | −0.065% | $1.2M | $866K | 20x | as long as short |
| Bybit QQQUSDT | +0.0088% | 8h | 742.61 | +0.015% | $10.7M | $5.4M | 50x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 742.03 | −0.063% | $3.4M | $438K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 742.04 | −0.062% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 741.19 | −0.176% | $7K | $16K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 741.81 | −0.093% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0168% | 1h | 742.10 | −0.054% | $1.5M | $1.3M | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0177% | 8h | 742.54 | +0.005% | $317K | $1.8M | 10x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0195% | 1h | 742.35 | −0.020% | $424K | $280K | 20x | as long as short |
| Bitget QQQUSDTlong | +0.0212% | 8h | 742.50 | long leg | $16.7M | $7.1M | 20x | |
| Phoenix QQQ | +0.0259% | 1h | 742.10 | −0.054% | $38K | $73K | 20x | as long as short |
| RISEx QQQ/USDC | +0.0315% | 1h | 742.68 | +0.024% | $5.4M | $9.2M | 25x | as long as short |
edgeX QQQUSDC
Lighter QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
Variational Omni QQQ
Binance QQQUSDT
Coinbase International QQQ-PERP-INTX
Bybit QQQUSDT
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Nado QQQ-PERP
GRVT QQQ_USDT_Perp
Deribit QQQ_USDC-PERPETUAL
Phoenix QQQ
RISEx QQQ/USDC