Funding you earn now, next payment 07:00 UTC−0.0019%/8h= −2.1% APRpaid last 24h −0.038%
Price spread now: ApeX Omni against GRVT−0.103%7-day average −0.104% · you buy dearer than you sell
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$300.298% of the position
Funding, last 7 days−0.070%−$7 on $10k
+Price spread, last 7 days−0.027%−$3 · spread now −0.103%, 7d avg −0.104%
=Together, before fees−0.096%+ Points / potential airdropGRVT: Active · farm board−$10 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.104%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT QQQ_USDT_Perp | 742.17 | 0.0119 | pay 0.0119% / 8h | 1h 00m | $314K | $2.0M | 10x |
| Short | ApeX Omni QQQUSDT | 741.40 | 0.0100 | get 0.0013% / 1h | 0m 40s | $20K | $2.2M | 50x |
GRVT QQQ_USDT_Perp
ApeX Omni QQQUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni 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
- −$3.99
- Price spread: −0.103% → −0.104%
- $0.06
- Slippage, 4 orders
- −$10.81
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$33.74
- Costs to cover
- 0.298%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 3 min ago; ApeX Omni: live order book, 3 min ago.
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, 3 min ago | 0.61 bp | 5.1 bp −$5 | 6.3 bp −$63 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 3 min ago | 3.78 bp | 10.0 bp −$10 | 25.1 bp −$251 | doesn't fit | 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 −0.0166% / S +0.0257% | 1h | 742.07 | −0.014% | $25K | — | 26x | as long as short |
| Gate QQQ_USDT | −0.0060% | 8h | 741.37 | −0.108% | $3.4M | $21.6M | 50x | as long as short |
| BloFin QQQ-USDT | −0.0028% | 8h | 741.82 | −0.047% | $1.1M | $271K | 20x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0026% | 1h | 740.60 | −0.211% | $4.2M | $1.8M | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 742.01 | −0.021% | $823K | $858K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 741.95 | −0.029% | $10.5M | $5.2M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 741.78 | −0.052% | $21.4M | $28.3M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 741.76 | −0.055% | $5.4M | $6.3M | 25x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 742.09 | −0.011% | $16.6M | $5.4M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 741.94 | −0.031% | $16.9M | $7.3M | — | as long as short |
GMX QQQ/USD [ETH-USDC]
Gate QQQ_USDT
BloFin QQQ-USDT
Ondo Perps QQQ-USD.P
Aster QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Bitget QQQUSDT
Variational Omni QQQShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX QQQ-USDT | 0.0000% | 8h | 742.79 | +0.084% | $2K | $1.8M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 742.18 | +0.002% | $251K | $41K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 742.12 | −0.006% | $362K | $1.6M | 10x | as long as short |
| Binance QQQUSDT | +0.0003% | 8h | 742.06 | −0.015% | $70.0M | $143.7M | 25x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0016% | 1h | 741.37 | −0.108% | $1.2M | $489K | 20x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 741.84 | −0.044% | $7.7M | $15.6M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 742.17 | 0.000% | $37.1M | $81.5M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 741.14 | −0.139% | $686K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 742.98 | +0.109% | — | $337K | 50x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0074% | 1h | 741.71 | −0.062% | $424K | $155K | 20x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 741.56 | −0.082% | $3.4M | $356K | 20x | as long as short |
| ApeX Omni QQQUSDTshort | +0.0100% | 1h | 741.40 | −0.103% | $20K | $2.2M | 50x | |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 741.70 | −0.063% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 741.21 | −0.129% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0117% | 1h | 741.61 | −0.076% | $1.6M | $764K | 20x | as long as short |
| GRVT QQQ_USDT_Perplong | +0.0119% | 8h | 742.17 | long leg | $314K | $2.0M | 10x | |
| Phoenix QQQ | +0.0205% | 1h | 741.63 | −0.072% | $38K | $66K | 20x | as long as short |
| edgeX QQQUSDC | +0.0705% | 4h | 741.81 | −0.048% | $758K | $336K | 20x | as long as short |
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDT
Binance QQQUSDT
Coinbase International QQQ-PERP-INTX
Lighter QQQ
Lighter RH QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
Deribit QQQ_USDC-PERPETUAL
KuCoin QQQUSDTM
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Nado QQQ-PERP
Phoenix QQQ
edgeX QQQUSDC