QQQ

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0046%/8h= +5.0% APRnext payment +$0.06 per $10,000 · paid last 24h −0.015%

Price spread now: Vest against Deribit+0.094%48s7-day average +0.197% · you sell dearer than you buy

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

Long on Deribit Short on Vest

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.065%−$6 on $10k

Price spread, last 3 days (all we have)−0.065%−$6 · spread now +0.094%, 7d avg +0.197%

Together, before fees−0.130%+ Points / potential airdropVest: Active · farm board−$13 on $10k · with fees, hour by hour

Funding pays, the price is against you. Vest is 0.103% cheaper against Deribit than usual: you would sell low and buy high (spread +0.094% now, against its 7-day average of +0.197%). If the spread goes back, that is −$10 on $10k: about 7.5 days of funding at the current rate (+$1 a day). Mind the row above: over the last 3 days funding on this pair cost −0.065%, so the current rate has only just turned in your favour. The two prices were read 48 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	Deribit QQQ_USDC-PERPETUAL	741.93	0	get 0.0000% / 1h	48m 29s	$424K	$305K	20x
Short	Vest QQQ-USD-PERP	742.63	0.0046	get 0.0006% / 1h	48m 29s	—	$621K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest against Deribit. 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 DeribitbpFee VestbpOrdersPrice spread, now +0.094%Rate

Funding earned: $9.59
Price spread: +0.094% → +0.197%: −$10.29
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Vest: 1 bp × 2 orders: −$2
Net: −$9.7
Costs to cover: 0.090%
Break-even: 14.1 days

Slippage unknown: Deribit: live order book, 35 min ago; Vest: no order-book sample. 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 Deribit live order book, 35 min ago	0.07 bp	3.6 bp −$4	4.2 bp −$42	doesn't fit	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

Vest: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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 −0.0065% / S +0.0178%	1h	742.13	+0.026%	$25K	—	26x	as long as short
Ondo Perps QQQ-USD.P	−0.0014%	1h	741.25	−0.092%	$4.2M	$2.2M	20x	as long as short
BloFin QQQ-USDT	−0.0006%	8h	742.10	+0.023%	$1.0M	$483K	20x	as long as short
OKX QQQ-USDT-SWAP	0.0000%	8h	741.94	+0.001%	$21.5M	$28.3M	50x	as long as short
Gate QQQ_USDT	0.0000%	8h	741.89	−0.005%	$3.1M	$32.8M	50x	as long as short
SunX QQQ-USDT	0.0000%	8h	742.77	+0.113%	$1K	$2.4M	10x	as long as short
Deribit QQQ_USDC-PERPETUALlong	0.0000%	1h	741.93	long leg	$424K	$305K	20x
HTX QQQ-USDT	0.0000%	8h	742.63	+0.094%	$257K	$32K	30x	as long as short
Phemex QQQUSDT	0.0000%	8h	742.78	+0.115%	$362K	$1.4M	10x	as long as short
Aster QQQUSDT	+0.0008%	8h	741.96	+0.004%	$840K	$780K	20x	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	742.17	+0.032%	$7.8M	$21.5M	30x	as long as short
Lighter RH QQQ	+0.0032%	1h	742.59	+0.089%	$37.7M	$81.1M	50x	as long as short
Arcus QQQ-USD	+0.0040%	1h	741.51	−0.057%	$737K	$1.4M	25x	as long as short
Vest QQQ-USD-PERPshort	+0.0046%	1h	742.63	+0.094%	—	$621K	50x
Variational Omni QQQ	+0.0064%	8h	742.23	+0.041%	$17.2M	$10.1M	—	as long as short
Bybit QQQUSDT	+0.0086%	8h	742.09	+0.022%	$10.7M	$5.4M	50x	as long as short
Binance QQQUSDT	+0.0087%	8h	742.13	+0.026%	$69.6M	$163.0M	25x	as long as short
Coinbase International QQQ-PERP-INTX	+0.0088%	1h	741.80	−0.018%	$1.2M	$873K	20x	as long as short
KuCoin QQQUSDTM	+0.0100%	8h	741.77	−0.022%	$3.4M	$441K	20x	as long as short
ApeX Omni QQQUSDT	+0.0100%	1h	741.87	−0.008%	$20K	$2.2M	50x	as long as short
Orderly PERP_QQQ_USDC_mythos	+0.0100%	8h	741.19	−0.100%	$7K	$16K	20x	as long as short
edgeX QQQUSDC	+0.0103%	4h	742.22	+0.039%	$759K	$336K	20x	as long as short
Aevo QQQ-PERP	+0.0104%	1h	741.45	−0.065%	$92K	$1K	10x	as long as short
Nado QQQ-PERP	+0.0163%	1h	741.92	−0.001%	$1.5M	$1.3M	20x	as long as short
GRVT QQQ_USDT_Perp	+0.0187%	8h	742.41	+0.065%	$323K	$1.7M	10x	as long as short
Bitget QQQUSDT	+0.0220%	8h	742.16	+0.031%	$16.7M	$7.3M	20x	as long as short
Phoenix QQQ	+0.0259%	1h	741.88	−0.007%	$38K	$73K	20x	as long as short
RISEx QQQ/USDC	+0.0315%	1h	742.49	+0.076%	$5.4M	$9.3M	25x	as long as short