Funding you earn now, next payment 16:00 UTC−0.0192%/8h= −21.0% APRnext payment −$1.92 per $10,000 · paid last 24h −0.053%
Price spread now: Aster against GRVT−0.031%7-day average −0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$17as in the Price arb table
costs, in and out, $10k−$200.198% of the position
Funding, last 7 days−0.246%−$25 on $10k
+Price spread, last 4 days (all we have)+0.014%+$1 · spread now −0.031%, 7d avg −0.056%
=Together, before fees−0.232%+ Points / potential airdropGRVT: Active · Aster: Stage 5 · farm board−$23 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.024% dearer against GRVT than usual: you sell high and buy low (spread −0.031% now, against its 7-day average of −0.056%): +$2 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 10 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT QQQ_USDT_Perp | 741.91 | 0.0192 | pay 0.0192% / 8h | 6h 21m | $317K | $2.0M | 10x |
| Short | Aster QQQUSDT | 741.68 | 0 | get 0.0000% / 8h | 6h 21m | $856K | $902K | 20x |
GRVT QQQ_USDT_Perp
Aster QQQUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster 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
- −$40.32
- Price spread: −0.031% → −0.056%
- $2.45
- Slippage, 4 orders
- −$2.76
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$57.63
- Costs to cover
- 0.198%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 5 min ago; Aster: live order book, 30 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, 5 min ago | 0.67 bp | 5.2 bp −$5 | 5.7 bp −$57 | doesn't fit | doesn't fit |
| Sell Aster live order book, 30 min ago | 0.34 bp | 4.3 bp −$4 | 6.8 bp −$68 | 28.0 bp −$2,804 | doesn't fit |
QQQ on 28 exchanges
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 −0.0199% / S +0.0282% | 1h | 741.74 | −0.024% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0107% | 1h | 740.41 | −0.203% | $4.2M | $1.8M | 20x | as long as short |
| BloFin QQQ-USDT | −0.0015% | 8h | 741.55 | −0.049% | $1.1M | $227K | 20x | as long as short |
| Aster QQQUSDTshort | 0.0000% | 8h | 741.68 | −0.031% | $856K | $902K | 20x | |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 741.54 | −0.050% | $21.7M | $29.7M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 741.50 | −0.056% | $5.4M | $5.7M | 25x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 741.28 | −0.085% | $3.5M | $20.3M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 741.81 | −0.014% | $16.6M | $5.3M | 20x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 742.20 | +0.039% | $2K | $1.6M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 742.02 | +0.014% | $251K | $38K | 30x | as long as short |
GMX QQQ/USD [ETH-USDC]
Ondo Perps QQQ-USD.P
BloFin QQQ-USDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Gate QQQ_USDT
Bitget QQQUSDT
SunX QQQ-USDT
HTX QQQ-USDTShow all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex QQQUSDT | 0.0000% | 8h | 742.02 | +0.014% | $363K | $1.6M | 10x | as long as short |
| Variational Omni QQQ | +0.0023% | 8h | 741.79 | −0.016% | $16.8M | $7.2M | — | as long as short |
| Lighter QQQ | +0.0032% | 1h | 741.30 | −0.083% | $7.5M | $15.0M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 741.73 | −0.025% | $38.4M | $78.0M | 50x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0032% | 1h | 741.32 | −0.080% | $1.2M | $526K | 20x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 740.76 | −0.155% | $648K | $1.4M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 742.61 | +0.094% | — | $337K | 50x | as long as short |
| Bybit QQQUSDT | +0.0050% | 8h | 741.74 | −0.023% | $10.6M | $4.9M | 50x | as long as short |
| Binance QQQUSDT | +0.0052% | 8h | 741.69 | −0.030% | $71.0M | $141.3M | 25x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 741.23 | −0.092% | $3.4M | $446K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 741.41 | −0.068% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 741.41 | −0.068% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 740.88 | −0.139% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0119% | 1h | 741.22 | −0.093% | $1.6M | $794K | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0128% | 1h | 741.32 | −0.080% | $423K | $126K | 20x | as long as short |
| GRVT QQQ_USDT_Perplong | +0.0192% | 8h | 741.91 | long leg | $317K | $2.0M | 10x | |
| Phoenix QQQ | +0.0280% | 1h | 741.22 | −0.093% | $38K | $59K | 20x | as long as short |
| edgeX QQQUSDC | +0.0649% | 4h | 741.76 | −0.021% | $758K | $335K | 20x | as long as short |
Phemex QQQUSDT
Variational Omni QQQ
Lighter QQQ
Lighter RH QQQ
Coinbase International QQQ-PERP-INTX
Arcus QQQ-USD
Vest QQQ-USD-PERP
Bybit QQQUSDT
Binance QQQUSDT
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Nado QQQ-PERP
Deribit QQQ_USDC-PERPETUAL
Phoenix QQQ
edgeX QQQUSDC