Funding you earn now, next payment 00:00 UTC−0.0144%/8h= −15.8% APRpaid last 24h +0.013%
Price spread now: Vest against GRVT+0.070%63s7-day average +0.122% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.025%+$2 on $10k
+Price spread, last 3 days (all we have)−0.089%−$9 · spread now +0.070%, 7d avg +0.122%
=Together, before fees−0.065%+ Points / potential airdropGRVT: Active · Vest: Active · farm board−$6 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Vest is 0.052% cheaper against GRVT than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.122%). Swap the legs. The two prices were read 63 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 | 743.54 | 0.0190 | pay 0.0190% / 8h | 18m 05s | $323K | $1.8M | 10x |
| Short | Vest QQQ-USD-PERP | 744.06 | 0.0046 | get 0.0006% / 1h | 18m 05s | — | $621K | 50x |
GRVT QQQ_USDT_Perp
Vest QQQ-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Vest 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
- −$30.31
- Price spread: +0.070% → +0.122%
- −$5.19
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$46.49
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: GRVT: live order book, 5 min ago; Vest: 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, 5 min ago | 0.07 bp | 4.6 bp −$5 | 5.3 bp −$53 | doesn't fit | doesn't fit |
| Sell Vest no order-book sample | — | — | — | — | — |
Vest: 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 −0.0076% / S +0.0186% | 1h | 743.60 | +0.008% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0019% | 1h | 742.08 | −0.196% | $4.2M | $2.1M | 20x | as long as short |
| BloFin QQQ-USDT | −0.0016% | 8h | 743.09 | −0.060% | $1.1M | $320K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 743.36 | −0.024% | $845K | $783K | 20x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 743.47 | −0.009% | $21.6M | $27.8M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 743.24 | −0.040% | $3.1M | $32.8M | 50x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 744.02 | +0.065% | $2K | $2.3M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 743.13 | −0.055% | $257K | $25K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 744.03 | +0.066% | $360K | $1.4M | 10x | as long as short |
| Lighter RH QQQ | +0.0040% | 1h | 743.79 | +0.034% | $37.5M | $80.4M | 50x | as long as short |
GMX QQQ/USD [ETH-USDC]
Ondo Perps QQQ-USD.P
BloFin QQQ-USDT
Aster QQQUSDT
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDT
Lighter RH QQQShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus QQQ-USD | +0.0040% | 1h | 742.81 | −0.098% | $694K | $1.5M | 25x | as long as short |
| Vest QQQ-USD-PERPshort | +0.0046% | 1h | 744.06 | +0.070% | — | $621K | 50x | |
| Variational Omni QQQ | +0.0046% | 8h | 743.32 | −0.029% | $17.6M | $10.3M | — | as long as short |
| Lighter QQQ | +0.0064% | 1h | 743.47 | −0.009% | $7.6M | $20.9M | 30x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0072% | 1h | 742.85 | −0.092% | $1.2M | $865K | 20x | as long as short |
| Binance QQQUSDT | +0.0076% | 8h | 743.63 | +0.012% | $71.1M | $160.6M | 25x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 743.13 | −0.055% | $3.4M | $416K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 742.93 | −0.082% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 743.29 | −0.033% | $12K | $21K | 20x | as long as short |
| Bybit QQQUSDT | +0.0101% | 8h | 743.58 | +0.006% | $10.7M | $5.2M | 50x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 742.84 | −0.094% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0173% | 1h | 743.17 | −0.049% | $1.5M | $1.3M | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0181% | 1h | 743.42 | −0.016% | $425K | $164K | 20x | as long as short |
| Bitget QQQUSDT | +0.0183% | 8h | 743.57 | +0.004% | $16.9M | $7.0M | 20x | as long as short |
| GRVT QQQ_USDT_Perplong | +0.0190% | 8h | 743.54 | long leg | $323K | $1.8M | 10x | |
| RISEx QQQ/USDC | +0.0193% | 1h | 743.70 | +0.021% | $5.4M | $8.9M | 25x | as long as short |
| Phoenix QQQ | +0.0194% | 1h | 743.09 | −0.060% | $38K | $73K | 20x | as long as short |
| edgeX QQQUSDC | +0.0447% | 4h | 743.32 | −0.029% | $760K | $336K | 20x | as long as short |
Arcus QQQ-USD
Variational Omni QQQ
Lighter QQQ
Coinbase International QQQ-PERP-INTX
Binance QQQUSDT
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Bybit QQQUSDT
Aevo QQQ-PERP
Nado QQQ-PERP
Deribit QQQ_USDC-PERPETUAL
Bitget QQQUSDT
RISEx QQQ/USDC
Phoenix QQQ
edgeX QQQUSDC