Funding you earn now, next payment 02:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.027%
Price spread now: ApeX Omni against OKX−0.051%7-day average −0.064% · you buy dearer than you sell
Net, funding: paid 7d − costs−$13as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$300.300% of the position
Funding, last 7 days+0.174%+$17 on $10k
+Price spread, last 7 days+0.033%+$3 · spread now −0.051%, 7d avg −0.064%
=The price spread sits at its 7-day average of −0.064%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX QQQ-USDT-SWAP | 744.48 | 0 | get 0.0000% / 8h | 6h 15m | $21.7M | $26.4M | 50x |
| Short | ApeX Omni QQQUSDT | 744.10 | 0.0100 | get 0.0013% / 1h | 15m 16s | $20K | $2.2M | 50x |
OKX QQQ-USDT-SWAP
ApeX Omni QQQUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against OKX. 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
- $21
- Price spread: −0.051% → −0.064%
- $1.28
- Slippage, 4 orders
- −$9.99
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$7.71
- Costs to cover
- 0.300%
- Break-even
- 9.6 days
Slippage from OKX: live order book, 3 min ago; ApeX Omni: live order book, 4 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 OKX live order book, 3 min ago | 0.07 bp | 5.1 bp −$5 | 5.6 bp −$56 | 12.6 bp −$1,260 | doesn't fit |
| Sell ApeX Omni live order book, 4 min ago | 3.76 bp | 9.9 bp −$10 | 26.6 bp −$266 | doesn't fit | doesn't fit |
QQQ on 27 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 −0.0101% / S +0.0206% | 1h | 744.59 | +0.014% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0091% | 1h | 743.32 | −0.156% | $4.2M | $1.9M | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 744.68 | +0.027% | $10.7M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAPlong | 0.0000% | 8h | 744.48 | long leg | $21.7M | $26.4M | 50x | |
| Gate QQQ_USDT | 0.0000% | 8h | 744.10 | −0.051% | $3.3M | $23.3M | 50x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 745.03 | +0.074% | $2K | $2.1M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 744.70 | +0.030% | $257K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 744.81 | +0.044% | $359K | $1.4M | 10x | as long as short |
| Aster QQQUSDT | +0.0006% | 8h | 744.46 | −0.003% | $841K | $712K | 20x | as long as short |
| Bitget QQQUSDT | +0.0027% | 8h | 744.63 | +0.020% | $16.9M | $5.9M | 20x | as long as short |
GMX QQQ/USD [ETH-USDC]
Ondo Perps QQQ-USD.P
Bybit QQQUSDT
Gate QQQ_USDT
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDT
Aster QQQUSDT
Bitget QQQUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter QQQ | +0.0032% | 1h | 744.35 | −0.017% | $7.7M | $17.8M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 744.76 | +0.038% | $37.4M | $80.3M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 743.68 | −0.107% | $705K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 745.51 | +0.138% | — | $337K | 50x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0048% | 1h | 744.11 | −0.050% | $1.2M | $538K | 20x | as long as short |
| Variational Omni QQQ | +0.0056% | 8h | 744.43 | −0.007% | $17.1M | $7.6M | — | as long as short |
| Binance QQQUSDT | +0.0082% | 8h | 744.58 | +0.013% | $71.1M | $147.2M | 25x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 744.29 | −0.026% | $3.4M | $412K | 20x | as long as short |
| ApeX Omni QQQUSDTshort | +0.0100% | 1h | 744.10 | −0.051% | $20K | $2.2M | 50x | |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 744.30 | −0.024% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 743.77 | −0.095% | $93K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0123% | 1h | 744.14 | −0.045% | $1.5M | $952K | 20x | as long as short |
| RISEx QQQ/USDC | +0.0168% | 1h | 744.59 | +0.015% | $5.4M | $8.0M | 25x | as long as short |
| Phoenix QQQ | +0.0183% | 1h | 744.18 | −0.040% | $38K | $66K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0198% | 8h | 744.63 | +0.020% | $320K | $1.8M | 10x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0207% | 1h | 744.38 | −0.013% | $425K | $148K | 20x | as long as short |
| edgeX QQQUSDC | +0.0490% | 4h | 744.37 | −0.015% | $761K | $335K | 20x | as long as short |
Lighter QQQ
Lighter RH QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
Coinbase International QQQ-PERP-INTX
Variational Omni QQQ
Binance QQQUSDT
KuCoin QQQUSDTM
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Nado QQQ-PERP
RISEx QQQ/USDC
Phoenix QQQ
GRVT QQQ_USDT_Perp
Deribit QQQ_USDC-PERPETUAL
edgeX QQQUSDC