Settings8H · net · $10k
Funding arb · Price arb /

QQQ

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0022%/8h= +2.4% APRnext payment +$0.22 per $10,000 · paid last 24h +0.017%
Price spread now: Variational Omni against OKX−0.012%7-day average −0.008% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.026%+$3 on $10k
Price spread, last 7 days+0.032%+$3 · spread now −0.012%, 7d avg −0.008%
Together, before fees+0.058%+ Points / potential airdropVariational Omni: Active · farm board+$6 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.008%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX QQQ-USDT-SWAP744.360get 0.0000% / 8h5h 08m$21.5M$26.9M50x
ShortVariational Omni QQQ744.270.0022get 0.0022% / 8h5h 08m$17.1M$7.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$4.66
Price spread: −0.012% → −0.008%
−$0.38
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$5.72
Costs to cover
0.100%
Break-even
15.6 days
Slippage unknown: OKX: live order book, 5 min ago; Variational Omni: RFQ quote, just now. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 5 min ago0.07 bp5.1 bp −$56.0 bp −$6013.1 bp −$1,314doesn't fit
Sell Variational Omni RFQ quote, just now1.89 bpdoesn't fit2.5 bp −$25doesn't fitdoesn't fit

QQQ on 28 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX QQQ/USD [ETH-USDC]L −0.0115% / S +0.0216%1h744.47+0.014%$25K26xas long as short
Ondo Perps QQQ-USD.P−0.0071%1h743.09−0.171%$4.2M$1.8M20xas long as short
BloFin QQQ-USDT−0.0016%8h744.32−0.005%$1.1M$293K20xas long as short
Aster QQQUSDT0.0000%8h744.41+0.006%$841K$714K20xas long as short
Bybit QQQUSDT0.0000%8h744.59+0.031%$10.7M$5.0M50xas long as short
OKX QQQ-USDT-SWAPlong0.0000%8h744.36long leg$21.5M$26.9M50x
RISEx QQQ/USDC0.0000%1h744.59+0.031%$5.4M$7.5M25xas long as short
Gate QQQ_USDT0.0000%8h743.95−0.055%$3.3M$21.2M50xas long as short
Bitget QQQUSDT0.0000%8h744.56+0.027%$16.9M$5.7M20xas long as short
SunX QQQ-USDT0.0000%8h744.94+0.078%$2K$1.9M10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX QQQ-USDT0.0000%8h744.62+0.035%$257K$29K30xas long as short
Phemex QQQUSDT0.0000%8h744.77+0.055%$360K$1.5M10xas long as short
Variational Omni QQQshort+0.0022%8h744.27−0.012%$17.1M$7.5M
Lighter QQQ+0.0032%1h744.30−0.008%$7.7M$17.2M30xas long as short
Lighter RH QQQ+0.0032%1h744.74+0.051%$37.1M$80.4M50xas long as short
Coinbase International QQQ-PERP-INTX+0.0032%1h743.97−0.052%$1.2M$536K20xas long as short
Arcus QQQ-USD+0.0040%1h743.58−0.105%$695K$1.6M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h745.45+0.146%$337K50xas long as short
Binance QQQUSDT+0.0053%8h744.51+0.020%$71.2M$143.0M25xas long as short
Nado QQQ-PERP+0.0082%1h744.19−0.022%$1.5M$878K20xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0099%1h744.23−0.017%$425K$149K20xas long as short
KuCoin QQQUSDTM+0.0100%8h744.11−0.034%$3.4M$405K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h744.01−0.047%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h744.16−0.027%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h743.67−0.093%$93K$1K10xas long as short
GRVT QQQ_USDT_Perp+0.0124%8h744.68+0.042%$322K$1.9M10xas long as short
Phoenix QQQ+0.0161%1h744.07−0.039%$38K$66K20xas long as short
edgeX QQQUSDC+0.0919%4h744.26−0.013%$761K$334K20xas long as short