Funding you earn now, next payment 01:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.016%
Price spread now: ApeX Omni against Bybit−0.094%59s7-day average −0.076% · you buy dearer than you sell
Net, funding: paid 7d − costs−$18as 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−$350.350% of the position
Funding, last 7 days+0.170%+$17 on $10k
+Price spread, last 7 days+0.052%+$5 · spread now −0.094%, 7d avg −0.076%
=The price spread sits at its 7-day average of −0.076%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. The two prices were read 59 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 | Bybit QQQUSDT | 744.98 | 0 | get 0.0000% / 8h | 7h 26m | $10.7M | $4.9M | 50x |
| Short | ApeX Omni QQQUSDT | 744.28 | 0.0100 | get 0.0013% / 1h | 26m 34s | $20K | $2.2M | 50x |
Bybit QQQUSDT
ApeX Omni QQQUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Bybit. 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
- $21
- Price spread: −0.094% → −0.076%
- −$1.8
- Slippage, 4 orders
- −$14.02
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$15.82
- Costs to cover
- 0.350%
- Break-even
- 12.3 days
Slippage from Bybit: live order book, 2 min ago; ApeX Omni: live order book, 3 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 Bybit live order book, 2 min ago | 0.07 bp | 8.2 bp −$8 | 13.5 bp −$135 | 81.8 bp −$8,182 | doesn't fit |
| Sell ApeX Omni live order book, 3 min ago | 3.76 bp | 9.8 bp −$10 | 27.1 bp −$271 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps QQQ-USD.P | −0.0358% | 1h | 743.17 | −0.243% | $4.2M | $2.1M | 20x | as long as short |
| GMX QQQ/USD [ETH-USDC] | L −0.0086% / S +0.0194% | 1h | 745.12 | +0.018% | $25K | — | 26x | as long as short |
| Bybit QQQUSDTlong | 0.0000% | 8h | 744.98 | long leg | $10.7M | $4.9M | 50x | |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 744.74 | −0.032% | $21.6M | $25.3M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 744.58 | −0.054% | $3.3M | $27.7M | 50x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 745.42 | +0.059% | $1K | $2.2M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 745.42 | +0.059% | $258K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 745.25 | +0.036% | $361K | $1.4M | 10x | as long as short |
| Aster QQQUSDT | +0.0001% | 8h | 744.37 | −0.082% | $841K | $714K | 20x | as long as short |
| BloFin QQQ-USDT | +0.0023% | 8h | 744.39 | −0.079% | $1.1M | $318K | 20x | as long as short |
Ondo Perps QQQ-USD.P
GMX QQQ/USD [ETH-USDC]
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDT
Aster QQQUSDT
BloFin QQQ-USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter QQQ | +0.0032% | 1h | 744.80 | −0.024% | $7.7M | $18.4M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 745.22 | +0.032% | $37.4M | $80.1M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 743.99 | −0.133% | $748K | $1.5M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 745.39 | +0.055% | — | $306K | 50x | as long as short |
| Variational Omni QQQ | +0.0047% | 8h | 744.24 | −0.099% | $17.1M | $9.7M | — | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0064% | 1h | 744.61 | −0.050% | $1.2M | $549K | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0072% | 1h | 744.88 | −0.013% | $426K | $147K | 20x | as long as short |
| Binance QQQUSDT | +0.0079% | 8h | 744.92 | −0.008% | $71.2M | $152.1M | 25x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 744.53 | −0.060% | $3.4M | $410K | 20x | as long as short |
| ApeX Omni QQQUSDTshort | +0.0100% | 1h | 744.28 | −0.094% | $20K | $2.2M | 50x | |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 744.62 | −0.048% | $12K | $21K | 20x | as long as short |
| Nado QQQ-PERP | +0.0100% | 1h | 744.63 | −0.046% | $1.5M | $1.3M | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 744.19 | −0.106% | $93K | $1K | 10x | as long as short |
| Bitget QQQUSDT | +0.0178% | 8h | 744.98 | 0.000% | $16.9M | $6.5M | 20x | as long as short |
| RISEx QQQ/USDC | +0.0208% | 1h | 745.00 | +0.003% | $5.4M | $8.6M | 25x | as long as short |
| Phoenix QQQ | +0.0258% | 1h | 744.03 | −0.128% | $38K | $66K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0263% | 8h | 744.41 | −0.077% | $316K | $1.8M | 10x | as long as short |
| edgeX QQQUSDC | +0.0289% | 4h | 744.45 | −0.072% | $761K | $335K | 20x | as long as short |
Lighter QQQ
Lighter RH QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
Variational Omni QQQ
Coinbase International QQQ-PERP-INTX
Deribit QQQ_USDC-PERPETUAL
Binance QQQUSDT
KuCoin QQQUSDTM
Orderly PERP_QQQ_USDC_mythos
Nado QQQ-PERP
Aevo QQQ-PERP
Bitget QQQUSDT
RISEx QQQ/USDC
Phoenix QQQ
GRVT QQQ_USDT_Perp
edgeX QQQUSDC