Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.009%
Price spread now: Aster against Bybit−0.009%7-day average −0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$250.249% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 4 days (all we have)−0.033%−$3 · spread now −0.009%, 7d avg −0.027%
=Together, before fees−0.032%+ Points / potential airdropAster: Stage 5 · farm board−$3 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit QQQUSDT | 744.55 | 0 | get 0.0000% / 8h | 4h 43m | $10.7M | $5.0M | 50x |
| Short | Aster QQQUSDT | 744.48 | 0 | get 0.0000% / 8h | 4h 43m | $841K | $714K | 20x |
Bybit QQQUSDT
Aster QQQUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster 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
- $0
- Price spread: −0.009% → −0.027%
- $1.79
- Slippage, 4 orders
- −$5.89
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$23.1
- Costs to cover
- 0.249%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; Aster: live order book, 15 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, 5 min ago | 0.27 bp | 7.8 bp −$8 | 12.8 bp −$128 | 77.0 bp −$7,703 | doesn't fit |
| Sell Aster live order book, 15 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX QQQ/USD [ETH-USDC] | L −0.0120% / S +0.0221% | 1h | 744.57 | +0.002% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0105% | 1h | 743.26 | −0.173% | $4.2M | $1.8M | 20x | as long as short |
| Aster QQQUSDTshort | 0.0000% | 8h | 744.48 | −0.009% | $841K | $714K | 20x | |
| Bybit QQQUSDTlong | 0.0000% | 8h | 744.55 | long leg | $10.7M | $5.0M | 50x | |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 744.39 | −0.021% | $21.5M | $26.9M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 744.69 | +0.019% | $5.4M | $7.5M | 25x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 743.98 | −0.077% | $3.3M | $20.8M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 744.58 | +0.004% | $16.9M | $5.7M | 20x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 745.09 | +0.073% | $2K | $1.9M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 744.72 | +0.023% | $257K | $29K | 30x | as long as short |
GMX QQQ/USD [ETH-USDC]
Ondo Perps QQQ-USD.P
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Gate QQQ_USDT
Bitget QQQUSDT
SunX QQQ-USDT
HTX QQQ-USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex QQQUSDT | 0.0000% | 8h | 745.15 | +0.081% | $360K | $1.5M | 10x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0008% | 1h | 743.80 | −0.101% | $1.2M | $536K | 20x | as long as short |
| Variational Omni QQQ | +0.0008% | 8h | 744.34 | −0.029% | $17.1M | $7.5M | — | as long as short |
| BloFin QQQ-USDT | +0.0023% | 8h | 744.38 | −0.023% | $1.1M | $271K | 20x | as long as short |
| edgeX QQQUSDC | +0.0031% | 4h | 744.32 | −0.030% | $761K | $335K | 20x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 744.39 | −0.021% | $7.7M | $16.3M | 30x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 743.69 | −0.116% | $702K | $1.6M | 25x | as long as short |
| Binance QQQUSDT | +0.0044% | 8h | 744.55 | +0.001% | $71.1M | $141.8M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 745.51 | +0.129% | — | $337K | 50x | as long as short |
| Lighter RH QQQ | +0.0056% | 1h | 744.84 | +0.039% | $37.0M | $78.7M | 50x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 744.17 | −0.051% | $3.4M | $394K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 744.07 | −0.064% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 744.28 | −0.036% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 743.71 | −0.112% | $93K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0106% | 1h | 744.21 | −0.046% | $1.5M | $879K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0117% | 8h | 744.58 | +0.004% | $319K | $1.9M | 10x | as long as short |
| Phoenix QQQ | +0.0129% | 1h | 744.19 | −0.048% | $38K | $66K | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0220% | 1h | 744.43 | −0.016% | $425K | $149K | 20x | as long as short |
Phemex QQQUSDT
Coinbase International QQQ-PERP-INTX
Variational Omni QQQ
BloFin QQQ-USDT
edgeX QQQUSDC
Lighter QQQ
Arcus QQQ-USD
Binance QQQUSDT
Vest QQQ-USD-PERP
Lighter RH QQQ
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Nado QQQ-PERP
GRVT QQQ_USDT_Perp
Phoenix QQQ
Deribit QQQ_USDC-PERPETUAL