QQQ

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0058%/8h= +6.3% APRnext payment +$0.58 per $10,000 · paid last 24h −0.007%

Price spread now: Variational Omni against BloFin+0.003%86s7-day average −0.011% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on BloFin Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.059%+$6 on $10k

Price spread, last 3 days (all we have)−0.052%−$5 · spread now +0.003%, 7d avg −0.011%

Together, before fees+0.007%+ Points / potential airdropVariational Omni: Active · farm board+$1 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.011%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. The two prices were read 86 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	743.81	−0.0018	get 0.0018% / 8h	7h 53m	$1.0M	$318K	20x
Short	Variational Omni QQQ	743.83	0.0040	get 0.0040% / 8h	7h 53m	$17.1M	$10.8M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BloFinbpFee Variational OmnibpOrdersPrice spread, now +0.003%Rate

Funding earned: $12.12
Price spread: +0.003% → −0.011%: $1.43
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $1.54
Costs to cover: 0.120%
Break-even: 6.1 days

Slippage unknown: BloFin: live order book, 3 min ago; Variational Omni: RFQ quote, 1 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 BloFin live order book, 3 min ago	0.07 bp	6.3 bp −$6	6.3 bp −$63	10.4 bp −$1,036	doesn't fit
Sell Variational Omni RFQ quote, 1 min ago	1.90 bp	doesn't fit	2.6 bp −$26	9.8 bp −$980	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	−0.0350%	1h	742.30	−0.203%	$4.2M	$2.0M	20x	as long as short
GMX QQQ/USD [ETH-USDC]	L −0.0081% / S +0.0190%	1h	743.97	+0.021%	$25K	—	26x	as long as short
Gate QQQ_USDT	−0.0028%	8h	743.31	−0.067%	$3.1M	$26.1M	50x	as long as short
BloFin QQQ-USDTlong	−0.0018%	8h	743.81	long leg	$1.0M	$318K	20x
Aster QQQUSDT	0.0000%	8h	743.55	−0.035%	$841K	$757K	20x	as long as short
OKX QQQ-USDT-SWAP	0.0000%	8h	743.83	+0.003%	$21.5M	$25.4M	50x	as long as short
SunX QQQ-USDT	0.0000%	8h	744.43	+0.083%	$2K	$2.3M	10x	as long as short
HTX QQQ-USDT	0.0000%	8h	743.14	−0.090%	$257K	$28K	30x	as long as short
Phemex QQQUSDT	0.0000%	8h	743.97	+0.022%	$363K	$1.4M	10x	as long as short
Bybit QQQUSDT	+0.0024%	8h	744.03	+0.030%	$10.7M	$4.8M	50x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter QQQ	+0.0032%	1h	743.76	−0.007%	$7.6M	$18.1M	30x	as long as short
Lighter RH QQQ	+0.0032%	1h	744.04	+0.031%	$37.4M	$78.6M	50x	as long as short
Variational Omni QQQshort	+0.0040%	8h	743.83	+0.003%	$17.1M	$10.8M	—
Arcus QQQ-USD	+0.0040%	1h	742.99	−0.110%	$747K	$1.5M	25x	as long as short
Vest QQQ-USD-PERP	+0.0046%	1h	744.49	+0.091%	—	$388K	50x	as long as short
Coinbase International QQQ-PERP-INTX	+0.0064%	1h	743.51	−0.040%	$1.2M	$626K	20x	as long as short
Binance QQQUSDT	+0.0068%	8h	743.93	+0.016%	$70.9M	$156.3M	25x	as long as short
KuCoin QQQUSDTM	+0.0100%	8h	743.57	−0.032%	$3.4M	$413K	20x	as long as short
ApeX Omni QQQUSDT	+0.0100%	1h	743.44	−0.050%	$20K	$2.2M	50x	as long as short
Orderly PERP_QQQ_USDC_mythos	+0.0100%	8h	743.64	−0.023%	$12K	$21K	20x	as long as short
Aevo QQQ-PERP	+0.0104%	1h	743.32	−0.065%	$93K	$1K	10x	as long as short
Nado QQQ-PERP	+0.0107%	1h	743.45	−0.048%	$1.5M	$1.2M	20x	as long as short
GRVT QQQ_USDT_Perp	+0.0116%	8h	743.95	+0.019%	$316K	$1.8M	10x	as long as short
Bitget QQQUSDT	+0.0170%	8h	743.98	+0.023%	$16.9M	$6.6M	20x	as long as short
Phoenix QQQ	+0.0194%	1h	743.43	−0.051%	$38K	$66K	20x	as long as short
RISEx QQQ/USDC	+0.0208%	1h	743.89	+0.011%	$5.6M	$9.0M	25x	as long as short
Deribit QQQ_USDC-PERPETUAL	+0.0275%	1h	743.94	+0.017%	$425K	$147K	20x	as long as short
edgeX QQQUSDC	+0.0662%	4h	743.73	−0.010%	$760K	$335K	20x	as long as short