QQQ

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0258%/8h= +28.2% APRnext payment +$0.32 per $10,000 · paid last 24h +0.037%

Price spread now: ApeX Omni against GMX−0.052%7-day average — · you buy dearer than you sell

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

Long on GMX Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. ApeX Omni is 0.052% cheaper against GMX than usual: you would sell low and buy high (spread −0.052% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 16 hours of funding at the current rate (+$8 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX QQQ/USD [ETH-USDC]	741.90	L −0.0158% / S +0.0250%	get 0.0020% / 1h	40m 42s	$25K	—	26x
Short	ApeX Omni QQQUSDT	741.52	0.0100	get 0.0013% / 1h	40m 42s	$20K	$2.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against GMX. 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 GMXbpFee ApeX OmnibpOrdersPrice spread, now −0.052%Rate

Funding earned: $54.16
Price spread: −0.052% → 0.000%: −$5.19
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: $26.97
Costs to cover: 0.220%
Break-even: 3.5 days

Slippage unknown: GMX: no order-book sample; ApeX Omni: live order book, 3 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 GMX no order-book sample	—	—	—	—	—
Sell ApeX Omni live order book, 3 min ago	3.84 bp	11.1 bp −$11	36.6 bp −$366	doesn't fit	doesn't fit

GMX: 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]long	L −0.0158% / S +0.0250%	1h	741.90	long leg	$25K	—	26x
Ondo Perps QQQ-USD.P	−0.0030%	1h	740.94	−0.130%	$4.2M	$1.8M	20x	as long as short
BloFin QQQ-USDT	−0.0011%	8h	741.77	−0.018%	$1.1M	$278K	20x	as long as short
Gate QQQ_USDT	−0.0001%	8h	741.26	−0.087%	$3.3M	$21.5M	50x	as long as short
Aster QQQUSDT	0.0000%	8h	741.78	−0.016%	$823K	$858K	20x	as long as short
Bybit QQQUSDT	0.0000%	8h	741.82	−0.011%	$10.5M	$5.2M	50x	as long as short
OKX QQQ-USDT-SWAP	0.0000%	8h	741.68	−0.030%	$21.5M	$28.3M	50x	as long as short
RISEx QQQ/USDC	0.0000%	1h	741.72	−0.025%	$5.5M	$6.3M	25x	as long as short
Bitget QQQUSDT	0.0000%	8h	742.00	+0.013%	$16.6M	$5.6M	20x	as long as short
Variational Omni QQQ	0.0000%	8h	741.78	−0.017%	$16.9M	$7.3M	—	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX QQQ-USDT	0.0000%	8h	742.36	+0.061%	$2K	$1.8M	10x	as long as short
HTX QQQ-USDT	0.0000%	8h	741.96	+0.007%	$250K	$41K	30x	as long as short
Phemex QQQUSDT	0.0000%	8h	742.05	+0.020%	$360K	$1.6M	10x	as long as short
Binance QQQUSDT	+0.0001%	8h	741.88	−0.003%	$70.1M	$145.4M	25x	as long as short
Coinbase International QQQ-PERP-INTX	+0.0016%	1h	741.73	−0.024%	$1.2M	$550K	20x	as long as short
Lighter QQQ	+0.0032%	1h	741.66	−0.033%	$7.6M	$15.4M	30x	as long as short
Lighter RH QQQ	+0.0040%	1h	742.06	+0.021%	$36.9M	$80.0M	50x	as long as short
Arcus QQQ-USD	+0.0040%	1h	741.05	−0.115%	$686K	$1.6M	25x	as long as short
Vest QQQ-USD-PERP	+0.0046%	1h	742.82	+0.123%	—	$337K	50x	as long as short
KuCoin QQQUSDTM	+0.0100%	8h	741.50	−0.055%	$3.4M	$352K	20x	as long as short
ApeX Omni QQQUSDTshort	+0.0100%	1h	741.52	−0.052%	$20K	$2.2M	50x
Orderly PERP_QQQ_USDC_mythos	+0.0100%	8h	741.61	−0.040%	$12K	$21K	20x	as long as short
Aevo QQQ-PERP	+0.0104%	1h	741.11	−0.108%	$92K	$1K	10x	as long as short
GRVT QQQ_USDT_Perp	+0.0111%	8h	742.20	+0.040%	$318K	$2.0M	10x	as long as short
Nado QQQ-PERP	+0.0145%	1h	741.52	−0.051%	$1.5M	$758K	20x	as long as short
Phoenix QQQ	+0.0205%	1h	741.77	−0.018%	$38K	$66K	20x	as long as short
edgeX QQQUSDC	+0.0211%	4h	741.89	−0.003%	$759K	$336K	20x	as long as short
Deribit QQQ_USDC-PERPETUAL	+0.0276%	1h	741.70	−0.028%	$424K	$154K	20x	as long as short