Funding you earn now, next payment 22:00 UTC−0.0077%/8h= −8.4% APRpaid last 24h +0.018%
Price spread now: Aevo against GRVT−0.086%71s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.047%−$5 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Aevo is 0.086% cheaper against GRVT than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 71 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 | GRVT QQQ_USDT_Perp | 742.07 | 0.0181 | pay 0.0181% / 8h | 2h 06m | $316K | $1.7M | 10x |
| Short | Aevo QQQ-PERP | 741.43 | 0.0104 | get 0.0013% / 1h | 6m 17s | $92K | $1K | 10x |
GRVT QQQ_USDT_Perp
Aevo QQQ-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against GRVT. 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
- −$16.17
- Price spread: −0.086% → 0.000%
- −$8.57
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$49.74
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: GRVT: live order book, 2 min ago; Aevo: 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 GRVT live order book, 2 min ago | 0.61 bp | 5.5 bp −$5 | 7.3 bp −$73 | doesn't fit | doesn't fit |
| Sell Aevo no order-book sample | — | — | — | — | — |
Aevo: 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 −0.0061% / S +0.0174% | 1h | 742.12 | +0.007% | $25K | — | 26x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 741.89 | −0.024% | $21.3M | $28.1M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 741.83 | −0.032% | $3.1M | $33.3M | 50x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 742.55 | +0.065% | $1K | $2.4M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 742.41 | +0.046% | $256K | $32K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 742.52 | +0.061% | $360K | $1.4M | 10x | as long as short |
| Aster QQQUSDT | +0.0008% | 8h | 741.87 | −0.026% | $840K | $780K | 20x | as long as short |
| BloFin QQQ-USDT | +0.0022% | 8h | 741.77 | −0.040% | $1.0M | $509K | 20x | as long as short |
| Arcus QQQ-USD | +0.0025% | 1h | 741.39 | −0.091% | $735K | $1.5M | 25x | as long as short |
| Ondo Perps QQQ-USD.P | +0.0031% | 1h | 740.96 | −0.149% | $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 | +0.049% | — | $621K | 50x | as long as short |
| Variational Omni QQQ | +0.0058% | 8h | 741.96 | −0.014% | $17.2M | $10.6M | — | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0064% | 1h | 741.62 | −0.060% | $1.2M | $897K | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0074% | 1h | 741.82 | −0.033% | $424K | $304K | 20x | as long as short |
| Bybit QQQUSDT | +0.0075% | 8h | 742.19 | +0.017% | $10.7M | $5.4M | 50x | as long as short |
| Phoenix QQQ | +0.0076% | 1h | 741.46 | −0.082% | $38K | $73K | 20x | as long as short |
| Binance QQQUSDT | +0.0090% | 8h | 742.09 | +0.003% | $69.8M | $165.0M | 25x | as long as short |
| Lighter QQQ | +0.0096% | 1h | 741.94 | −0.017% | $7.8M | $21.7M | 30x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 741.52 | −0.074% | $3.4M | $449K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 741.43 | −0.086% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 741.22 | −0.114% | $7K | $15K | 20x | as long as short |
| Aevo QQQ-PERPshort | +0.0104% | 1h | 741.43 | −0.086% | $92K | $1K | 10x | |
| Lighter RH QQQ | +0.0112% | 1h | 742.27 | +0.028% | $37.7M | $83.3M | 50x | as long as short |
| GRVT QQQ_USDT_Perplong | +0.0181% | 8h | 742.07 | long leg | $316K | $1.7M | 10x | |
| RISEx QQQ/USDC | +0.0212% | 1h | 742.18 | +0.016% | $5.4M | $9.3M | 25x | as long as short |
| Bitget QQQUSDT | +0.0227% | 8h | 742.14 | +0.010% | $16.7M | $7.8M | 20x | as long as short |
| Nado QQQ-PERP | +0.0243% | 1h | 741.47 | −0.080% | $1.5M | $1.3M | 20x | as long as short |
| edgeX QQQUSDC | +0.0275% | 4h | 741.95 | −0.015% | $759K | $336K | 20x | as long as short |
Vest QQQ-USD-PERP
Variational Omni QQQ
Coinbase International QQQ-PERP-INTX
Deribit QQQ_USDC-PERPETUAL
Bybit QQQUSDT
Phoenix QQQ
Binance QQQUSDT
Lighter QQQ
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Lighter RH QQQ
RISEx QQQ/USDC
Bitget QQQUSDT
Nado QQQ-PERP
edgeX QQQUSDC