Funding you earn now, next payment 08:00 UTC+0.0025%/8h= +2.8% APRnext payment +$0.25 per $10,000 · paid last 24h −0.022%
Price spread now: Aster against BloFin+0.042%102s7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$5as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$220.219% of the position
Funding, last 7 days+0.173%+$17 on $10k
+Price spread, last 4 days (all we have)−0.125%−$12 · spread now +0.042%, 7d avg −0.001%
=Together, before fees+0.049%+ Points / potential airdropAster: Stage 5 · farm board+$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Aster is 0.044% dearer against BloFin than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.001%. The two prices were read 102 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin QQQ-USDT | 744.19 | −0.0025 | get 0.0025% / 8h | 4h 23m | $1.1M | $271K | 20x |
| Short | Aster QQQUSDT | 744.51 | 0 | get 0.0000% / 8h | 4h 23m | $841K | $714K | 20x |
BloFin QQQ-USDT
Aster QQQUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster 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
- $5.35
- Price spread: +0.042% → −0.001%
- $4.37
- Slippage, 4 orders
- −$1.85
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$12.13
- Costs to cover
- 0.219%
- Break-even
- 22.9 days
Slippage from BloFin: live order book, 9 min ago; Aster: live order book, 34 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, 9 min ago | 0.07 bp | 6.1 bp −$6 | 6.8 bp −$68 | 9.3 bp −$926 | doesn't fit |
| Sell Aster live order book, 34 min ago | 0.81 bp | 4.9 bp −$5 | 6.4 bp −$64 | 26.6 bp −$2,657 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps QQQ-USD.P | −0.0163% | 1h | 743.37 | −0.110% | $4.2M | $1.8M | 20x | as long as short |
| GMX QQQ/USD [ETH-USDC] | L −0.0124% / S +0.0224% | 1h | 744.48 | +0.038% | $25K | — | 26x | as long as short |
| BloFin QQQ-USDTlong | −0.0025% | 8h | 744.19 | long leg | $1.1M | $271K | 20x | |
| Aster QQQUSDTshort | 0.0000% | 8h | 744.51 | +0.042% | $841K | $714K | 20x | |
| Bybit QQQUSDT | 0.0000% | 8h | 744.52 | +0.044% | $10.7M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 744.36 | +0.023% | $21.5M | $26.9M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 744.58 | +0.052% | $5.4M | $7.4M | 25x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 743.91 | −0.038% | $3.3M | $20.8M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 744.60 | +0.055% | $16.9M | $5.7M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 744.19 | 0.000% | $17.1M | $7.5M | — | as long as short |
Ondo Perps QQQ-USD.P
GMX QQQ/USD [ETH-USDC]
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Gate QQQ_USDT
Bitget QQQUSDT
Variational Omni QQQShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX QQQ-USDT | 0.0000% | 8h | 744.83 | +0.086% | $2K | $1.9M | 10x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | 0.0000% | 1h | 744.11 | −0.011% | $425K | $149K | 20x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 744.54 | +0.047% | $257K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 744.68 | +0.066% | $362K | $1.5M | 10x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0008% | 1h | 743.80 | −0.052% | $1.2M | $537K | 20x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 744.38 | +0.026% | $7.7M | $16.4M | 30x | as long as short |
| Binance QQQUSDT | +0.0033% | 8h | 744.54 | +0.047% | $71.1M | $141.5M | 25x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 743.76 | −0.058% | $699K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 745.55 | +0.183% | — | $337K | 50x | as long as short |
| Lighter RH QQQ | +0.0048% | 1h | 744.83 | +0.086% | $36.9M | $79.3M | 50x | as long as short |
| Nado QQQ-PERP | +0.0096% | 1h | 744.19 | 0.000% | $1.5M | $877K | 20x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 744.18 | −0.001% | $3.4M | $367K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 744.02 | −0.023% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 744.21 | +0.003% | $12K | $21K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0102% | 8h | 744.49 | +0.040% | $324K | $1.9M | 10x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 743.66 | −0.071% | $93K | $1K | 10x | as long as short |
| Phoenix QQQ | +0.0129% | 1h | 743.90 | −0.039% | $38K | $66K | 20x | as long as short |
| edgeX QQQUSDC | +0.0180% | 4h | 744.24 | +0.007% | $761K | $334K | 20x | as long as short |
SunX QQQ-USDT
Deribit QQQ_USDC-PERPETUAL
HTX QQQ-USDT
Phemex QQQUSDT
Coinbase International QQQ-PERP-INTX
Lighter QQQ
Binance QQQUSDT
Arcus QQQ-USD
Vest QQQ-USD-PERP
Lighter RH QQQ
Nado QQQ-PERP
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
GRVT QQQ_USDT_Perp
Aevo QQQ-PERP
Phoenix QQQ
edgeX QQQUSDC