Funding you earn now, next payment 00:00 UTC+0.0080%/8h= +8.8% APRpaid last 24h −0.008%
Price spread now: ApeX Omni against BloFin−0.032%7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs$0as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$350.353% of the position
Funding, last 7 days+0.355%+$35 on $10k
+Price spread, last 3 days (all we have)−0.053%−$5 · spread now −0.032%, 7d avg −0.020%
=The price spread sits at its 7-day average of −0.020%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin QQQ-USDT | 743.09 | 0.0020 | pay 0.0020% / 8h | 44m 33s | $1.0M | $468K | 20x |
| Short | ApeX Omni QQQUSDT | 742.85 | 0.0100 | get 0.0013% / 1h | 44m 33s | $20K | $2.2M | 50x |
BloFin QQQ-USDT
ApeX Omni QQQUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against BloFin. 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
- $16.85
- Price spread: −0.032% → −0.020%
- −$1.26
- Slippage, 4 orders
- −$13.31
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$19.71
- Costs to cover
- 0.353%
- Break-even
- 15.2 days
Slippage from BloFin: live order book, 2 min ago; ApeX Omni: live order book, 5 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 BloFin live order book, 2 min ago | 0.07 bp | 9.5 bp −$9 | 10.4 bp −$104 | 13.3 bp −$1,334 | doesn't fit |
| Sell ApeX Omni live order book, 5 min ago | 3.77 bp | 10.0 bp −$10 | 24.7 bp −$247 | 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 −0.0070% / S +0.0181% | 1h | 743.49 | +0.053% | $25K | — | 26x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 743.24 | +0.020% | $21.6M | $27.7M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 742.90 | −0.026% | $3.1M | $32.8M | 50x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 743.95 | +0.116% | $2K | $2.3M | 10x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | 0.0000% | 1h | 743.02 | −0.009% | $424K | $185K | 20x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 743.12 | +0.004% | $257K | $26K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 743.90 | +0.109% | $359K | $1.4M | 10x | as long as short |
| Aster QQQUSDT | +0.0001% | 8h | 743.23 | +0.019% | $841K | $780K | 20x | as long as short |
| BloFin QQQ-USDTlong | +0.0020% | 8h | 743.09 | long leg | $1.0M | $468K | 20x | |
| Arcus QQQ-USD | +0.0040% | 1h | 742.70 | −0.052% | $738K | $1.4M | 25x | as long as short |
GMX QQQ/USD [ETH-USDC]
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
SunX QQQ-USDT
Deribit QQQ_USDC-PERPETUAL
HTX QQQ-USDT
Phemex QQQUSDT
Aster QQQUSDT
Arcus QQQ-USDShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX QQQUSDC | +0.0045% | 4h | 743.18 | +0.012% | $760K | $337K | 20x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 743.92 | +0.112% | — | $621K | 50x | as long as short |
| Lighter RH QQQ | +0.0048% | 1h | 743.60 | +0.069% | $37.6M | $79.0M | 50x | as long as short |
| Variational Omni QQQ | +0.0049% | 8h | 743.31 | +0.030% | $17.6M | $10.3M | — | as long as short |
| Ondo Perps QQQ-USD.P | +0.0050% | 1h | 742.08 | −0.136% | $4.2M | $2.1M | 20x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0072% | 1h | 742.80 | −0.039% | $1.2M | $866K | 20x | as long as short |
| Binance QQQUSDT | +0.0080% | 8h | 743.42 | +0.044% | $71.0M | $160.6M | 25x | as long as short |
| Lighter QQQ | +0.0088% | 1h | 743.29 | +0.027% | $7.6M | $20.9M | 30x | as long as short |
| Bybit QQQUSDT | +0.0099% | 8h | 743.52 | +0.058% | $10.7M | $5.2M | 50x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 742.93 | −0.022% | $3.4M | $424K | 20x | as long as short |
| ApeX Omni QQQUSDTshort | +0.0100% | 1h | 742.85 | −0.032% | $20K | $2.2M | 50x | |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 743.16 | +0.009% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 742.79 | −0.041% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0177% | 1h | 743.03 | −0.008% | $1.5M | $1.3M | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0188% | 8h | 743.36 | +0.036% | $323K | $1.8M | 10x | as long as short |
| RISEx QQQ/USDC | +0.0193% | 1h | 743.66 | +0.077% | $5.4M | $8.9M | 25x | as long as short |
| Phoenix QQQ | +0.0194% | 1h | 742.87 | −0.030% | $38K | $73K | 20x | as long as short |
| Bitget QQQUSDT | +0.0195% | 8h | 743.44 | +0.047% | $16.9M | $7.1M | 20x | as long as short |
edgeX QQQUSDC
Vest QQQ-USD-PERP
Lighter RH QQQ
Variational Omni QQQ
Ondo Perps QQQ-USD.P
Coinbase International QQQ-PERP-INTX
Binance QQQUSDT
Lighter QQQ
Bybit QQQUSDT
KuCoin QQQUSDTM
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Nado QQQ-PERP
GRVT QQQ_USDT_Perp
RISEx QQQ/USDC
Phoenix QQQ
Bitget QQQUSDT