Funding you earn now, next payment 00:00 UTC−0.0012%/8h= −1.3% APRnext payment −$0.12 per $10,000 · paid last 24h +0.020%
Price spread now: Variational Omni against Bybit−0.025%7-day average −0.021% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.020%+$2 on $10k
+Price spread, last 7 days+0.012%+$1 · spread now −0.025%, 7d avg −0.021%
=Together, before fees+0.032%+ Points / potential airdropVariational Omni: Active · farm board+$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.021%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit QQQUSDT | 742.03 | 0.0070 | pay 0.0070% / 8h | 2h 12m | $10.7M | $5.4M | 50x |
| Short | Variational Omni QQQ | 741.84 | 0.0058 | get 0.0058% / 8h | 2h 12m | $17.2M | $10.6M | — |
Bybit QQQUSDT
Variational Omni QQQFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational 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
- −$2.45
- Price spread: −0.025% → −0.021%
- −$0.48
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$13.93
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 6 min ago; Variational Omni: RFQ quote, 2 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 Bybit live order book, 6 min ago | 0.07 bp | 10.3 bp −$10 | 13.3 bp −$133 | 139.7 bp −$14.0K | doesn't fit |
| Sell Variational Omni RFQ quote, 2 min ago | 1.90 bp | doesn't fit | 3.3 bp −$33 | 15.5 bp −$1,547 | 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 −0.0059% / S +0.0173% | 1h | 741.98 | −0.007% | $25K | — | 26x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 741.78 | −0.034% | $21.3M | $28.1M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 741.66 | −0.050% | $3.1M | $33.2M | 50x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 742.40 | +0.050% | $2K | $2.5M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 742.10 | +0.009% | $256K | $32K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 742.21 | +0.024% | $361K | $1.4M | 10x | as long as short |
| Aster QQQUSDT | +0.0006% | 8h | 741.87 | −0.022% | $840K | $780K | 20x | as long as short |
| BloFin QQQ-USDT | +0.0018% | 8h | 741.79 | −0.032% | $1.0M | $509K | 20x | as long as short |
| Arcus QQQ-USD | +0.0025% | 1h | 741.20 | −0.112% | $735K | $1.5M | 25x | as long as short |
| Ondo Perps QQQ-USD.P | +0.0028% | 1h | 740.94 | −0.147% | $4.2M | $2.2M | 20x | as long as short |
GMX QQQ/USD [ETH-USDC]
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDT
Aster QQQUSDT
BloFin QQQ-USDT
Arcus QQQ-USD
Ondo Perps QQQ-USD.PShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest QQQ-USD-PERP | +0.0046% | 1h | 742.43 | +0.054% | — | $621K | 50x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0047% | 1h | 741.78 | −0.034% | $424K | $304K | 20x | as long as short |
| Variational Omni QQQshort | +0.0058% | 8h | 741.84 | −0.025% | $17.2M | $10.6M | — | |
| Coinbase International QQQ-PERP-INTX | +0.0064% | 1h | 741.44 | −0.080% | $1.2M | $894K | 20x | as long as short |
| Bybit QQQUSDTlong | +0.0070% | 8h | 742.03 | long leg | $10.7M | $5.4M | 50x | |
| Phoenix QQQ | +0.0076% | 1h | 741.52 | −0.069% | $38K | $73K | 20x | as long as short |
| Binance QQQUSDT | +0.0087% | 8h | 741.98 | −0.007% | $69.8M | $165.6M | 25x | as long as short |
| Lighter QQQ | +0.0096% | 1h | 741.84 | −0.026% | $7.9M | $21.6M | 30x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 741.44 | −0.080% | $3.4M | $449K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 741.45 | −0.078% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 741.19 | −0.113% | $7K | $15K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 741.28 | −0.101% | $92K | $1K | 10x | as long as short |
| Lighter RH QQQ | +0.0112% | 1h | 742.19 | +0.022% | $37.8M | $83.1M | 50x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0178% | 8h | 742.06 | +0.004% | $316K | $1.7M | 10x | as long as short |
| RISEx QQQ/USDC | +0.0212% | 1h | 742.07 | +0.005% | $5.4M | $9.3M | 25x | as long as short |
| Bitget QQQUSDT | +0.0228% | 8h | 741.91 | −0.016% | $16.7M | $7.8M | 20x | as long as short |
| Nado QQQ-PERP | +0.0244% | 1h | 741.40 | −0.085% | $1.5M | $1.4M | 20x | as long as short |
| edgeX QQQUSDC | +0.0266% | 4h | 741.89 | −0.019% | $759K | $338K | 20x | as long as short |
Vest QQQ-USD-PERP
Deribit QQQ_USDC-PERPETUAL
Coinbase International QQQ-PERP-INTX
Phoenix QQQ
Binance QQQUSDT
Lighter QQQ
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Lighter RH QQQ
GRVT QQQ_USDT_Perp
RISEx QQQ/USDC
Bitget QQQUSDT
Nado QQQ-PERP
edgeX QQQUSDC