QQQ

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0042%/8h= +4.6% APRnext payment +$0.42 per $10,000 · paid last 24h +0.016%

Price spread now: Variational Omni against Gate+0.040%7-day average +0.003% · you sell dearer than you buy

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

Long on Gate Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.036%+$4 on $10k

Price spread, last 7 days−0.067%−$7 · spread now +0.040%, 7d avg +0.003%

Together, before fees−0.032%+ Points / potential airdropVariational Omni: Active · farm board−$3 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Variational Omni is 0.037% dearer against Gate than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.003%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate QQQ_USDT	743.12	0	get 0.0000% / 8h	7h 59m	$3.1M	$25.9M	50x
Short	Variational Omni QQQ	743.41	0.0042	get 0.0042% / 8h	7h 59m	$17.2M	$10.8M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Gate. 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 GatebpFee Variational OmnibpOrdersPrice spread, now +0.040%Rate

Funding earned: $8.79
Price spread: +0.040% → +0.003%: $3.66
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$2.55
Costs to cover: 0.150%
Break-even: 9.0 days

Slippage unknown: Gate: live order book, 5 min ago; Variational Omni: RFQ quote, 5 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 Gate live order book, 5 min ago	0.07 bp	10.9 bp −$11	16.4 bp −$164	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 5 min ago	1.90 bp	doesn't fit	2.2 bp −$22	8.2 bp −$819	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	−0.0240%	1h	741.95	−0.157%	$4.2M	$2.0M	20x	as long as short
GMX QQQ/USD [ETH-USDC]	L −0.0080% / S +0.0189%	1h	743.59	+0.063%	$25K	—	26x	as long as short
Aster QQQUSDT	0.0000%	8h	743.38	+0.035%	$839K	$799K	20x	as long as short
Bybit QQQUSDT	0.0000%	8h	743.54	+0.057%	$10.7M	$5.1M	50x	as long as short
OKX QQQ-USDT-SWAP	0.0000%	8h	743.38	+0.035%	$21.5M	$25.8M	50x	as long as short
Gate QQQ_USDTlong	0.0000%	8h	743.12	long leg	$3.1M	$25.9M	50x
SunX QQQ-USDT	0.0000%	8h	744.02	+0.121%	$1K	$2.3M	10x	as long as short
HTX QQQ-USDT	0.0000%	8h	743.13	+0.001%	$257K	$25K	30x	as long as short
Phemex QQQUSDT	0.0000%	8h	743.83	+0.096%	$361K	$1.4M	10x	as long as short
BloFin QQQ-USDT	+0.0015%	8h	743.09	−0.004%	$1.0M	$318K	20x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH QQQ	+0.0032%	1h	743.75	+0.085%	$37.4M	$78.2M	50x	as long as short
Arcus QQQ-USD	+0.0040%	1h	742.77	−0.047%	$747K	$1.5M	25x	as long as short
Variational Omni QQQshort	+0.0042%	8h	743.41	+0.040%	$17.2M	$10.8M	—
Vest QQQ-USD-PERP	+0.0046%	1h	744.10	+0.132%	—	$621K	50x	as long as short
Coinbase International QQQ-PERP-INTX	+0.0064%	1h	743.04	−0.011%	$1.2M	$697K	20x	as long as short
Binance QQQUSDT	+0.0070%	8h	743.57	+0.061%	$70.9M	$161.0M	25x	as long as short
Lighter QQQ	+0.0088%	1h	743.39	+0.036%	$7.6M	$18.1M	30x	as long as short
KuCoin QQQUSDTM	+0.0100%	8h	743.14	+0.003%	$3.4M	$414K	20x	as long as short
ApeX Omni QQQUSDT	+0.0100%	1h	743.14	+0.003%	$20K	$2.2M	50x	as long as short
Orderly PERP_QQQ_USDC_mythos	+0.0100%	8h	743.32	+0.027%	$12K	$21K	20x	as long as short
Aevo QQQ-PERP	+0.0104%	1h	742.97	−0.020%	$92K	$1K	10x	as long as short
Deribit QQQ_USDC-PERPETUAL	+0.0127%	1h	743.32	+0.027%	$425K	$158K	20x	as long as short
Bitget QQQUSDT	+0.0169%	8h	743.63	+0.069%	$16.9M	$6.7M	20x	as long as short
Nado QQQ-PERP	+0.0175%	1h	743.12	+0.001%	$1.5M	$1.2M	20x	as long as short
GRVT QQQ_USDT_Perp	+0.0187%	8h	743.68	+0.075%	$316K	$1.8M	10x	as long as short
Phoenix QQQ	+0.0194%	1h	743.19	+0.009%	$38K	$66K	20x	as long as short
RISEx QQQ/USDC	+0.0208%	1h	743.50	+0.051%	$5.6M	$9.0M	25x	as long as short
edgeX QQQUSDC	+0.0806%	4h	743.41	+0.040%	$760K	$337K	20x	as long as short