Funding you earn now, next payment 00:00 UTC+0.0006%/8h= +0.6% APRnext payment +$0.06 per $10,000 · paid last 24h +0.001%
Price spread now: Aster against OKX+0.012%7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$200.198% of the position
Funding, last 7 days+0.005%$0 on $10k
+Price spread, last 4 days (all we have)−0.061%−$6 · spread now +0.012%, 7d avg −0.004%
=Together, before fees−0.056%+ Points / potential airdropAster: Stage 5 · farm board−$6 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX QQQ-USDT-SWAP | 741.78 | 0 | get 0.0000% / 8h | 2h 11m | $21.3M | $28.1M | 50x |
| Short | Aster QQQUSDT | 741.87 | 0.0006 | get 0.0006% / 8h | 2h 11m | $840K | $780K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aster 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
- $1.24
- Price spread: +0.012% → −0.004%
- $1.57
- Slippage, 4 orders
- −$1.83
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$17.02
- Costs to cover
- 0.198%
- Break-even
- 103.1 days
Slippage from OKX: live order book, 2 min ago; Aster: live order book, 11 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, 2 min ago | 0.07 bp | 5.8 bp −$6 | 6.9 bp −$69 | 12.7 bp −$1,272 | doesn't fit |
| Sell Aster live order book, 11 min ago | 0.47 bp | 4.5 bp −$4 | 6.4 bp −$64 | 30.4 bp −$3,041 | 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 −0.0060% / S +0.0173% | 1h | 741.98 | +0.026% | $25K | — | 26x | as long as short |
| BloFin QQQ-USDT | −0.0014% | 8h | 741.77 | −0.001% | $1.0M | $509K | 20x | as long as short |
| OKX QQQ-USDT-SWAPlong | 0.0000% | 8h | 741.78 | long leg | $21.3M | $28.1M | 50x | |
| Gate QQQ_USDT | 0.0000% | 8h | 741.67 | −0.015% | $3.1M | $33.3M | 50x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 742.40 | +0.084% | $2K | $2.5M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 742.18 | +0.054% | $256K | $32K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 742.22 | +0.059% | $361K | $1.4M | 10x | as long as short |
| Aster QQQUSDTshort | +0.0006% | 8h | 741.87 | +0.012% | $840K | $780K | 20x | |
| Arcus QQQ-USD | +0.0025% | 1h | 741.20 | −0.078% | $735K | $1.5M | 25x | as long as short |
| Ondo Perps QQQ-USD.P | +0.0028% | 1h | 740.94 | −0.113% | $4.2M | $2.2M | 20x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest QQQ-USD-PERP | +0.0046% | 1h | 742.44 | +0.089% | — | $621K | 50x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0047% | 1h | 741.76 | −0.003% | $424K | $304K | 20x | as long as short |
| Variational Omni QQQ | +0.0058% | 8h | 741.84 | +0.008% | $17.2M | $10.6M | — | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0064% | 1h | 741.44 | −0.046% | $1.2M | $894K | 20x | as long as short |
| Bybit QQQUSDT | +0.0070% | 8h | 742.08 | +0.040% | $10.7M | $5.4M | 50x | as long as short |
| Phoenix QQQ | +0.0076% | 1h | 741.52 | −0.035% | $38K | $73K | 20x | as long as short |
| Binance QQQUSDT | +0.0088% | 8h | 741.97 | +0.026% | $69.8M | $165.4M | 25x | as long as short |
| Lighter QQQ | +0.0096% | 1h | 741.83 | +0.007% | $7.9M | $21.7M | 30x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 741.45 | −0.044% | $3.4M | $449K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 741.45 | −0.044% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 741.19 | −0.080% | $7K | $15K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 741.30 | −0.065% | $92K | $1K | 10x | as long as short |
| Lighter RH QQQ | +0.0112% | 1h | 742.18 | +0.054% | $37.8M | $83.1M | 50x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0179% | 8h | 742.01 | +0.030% | $316K | $1.7M | 10x | as long as short |
| RISEx QQQ/USDC | +0.0212% | 1h | 742.09 | +0.041% | $5.4M | $9.3M | 25x | as long as short |
| Bitget QQQUSDT | +0.0228% | 8h | 741.91 | +0.018% | $16.7M | $7.8M | 20x | as long as short |
| Nado QQQ-PERP | +0.0244% | 1h | 741.41 | −0.050% | $1.5M | $1.4M | 20x | as long as short |
| edgeX QQQUSDC | +0.0266% | 4h | 741.89 | +0.015% | $759K | $338K | 20x | as long as short |
OKX QQQ-USDT-SWAP
Aster QQQUSDT
GMX QQQ/USD [ETH-USDC]
BloFin QQQ-USDT
Gate QQQ_USDT
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDT
Deribit QQQ_USDC-PERPETUAL
Variational Omni QQQ
Coinbase International QQQ-PERP-INTX
Bybit QQQUSDT
Phoenix QQQ
Binance QQQUSDT
Lighter QQQ
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Lighter RH QQQ
GRVT QQQ_USDT_Perp
RISEx QQQ/USDC
Bitget QQQUSDT
edgeX QQQUSDC