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+0.0001%/8h= +0.1% APRnext payment +$0.01 per $10,000 · paid last 24h +0.005%
Price spread now: Aster against Phemex−0.046%7-day average −0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$760.763% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.041%+$4 on $10k
Price spread, last 3 days (all we have)−0.015%−$2 · spread now −0.046%, 7d avg −0.045%
Together, before fees+0.026%+ Points / potential airdropAster: Stage 5 · farm board+$3 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex QQQUSDT744.560get 0.0000% / 8h5h 59m$357K$1.4M10x
ShortAster QQQUSDT744.220.0001get 0.0001% / 8h5h 59m$841K$713K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Phemex. 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
$0.1
Price spread: −0.046% → −0.045%
−$0.14
Slippage, 4 orders
−$56.26
Fee Phemex: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$76.29
Costs to cover
0.763%
Break-even
5093.2 days
Slippage from Phemex: live order book, 3 min ago; Aster: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Phemex live order book, 3 min ago3.22 bp34.3 bp −$34doesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 3 min ago0.81 bp4.8 bp −$56.2 bp −$6225.9 bp −$2,585doesn't fit

QQQ on 27 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 −0.0104% / S +0.0208%1h744.25−0.041%$25K26xas long as short
Bybit QQQUSDT0.0000%8h744.19−0.050%$10.7M$5.0M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h744.15−0.055%$21.7M$26.3M50xas long as short
RISEx QQQ/USDC0.0000%1h744.22−0.046%$5.4M$8.0M25xas long as short
Gate QQQ_USDT0.0000%8h743.88−0.091%$3.3M$20.0M50xas long as short
Bitget QQQUSDT0.0000%8h744.46−0.013%$16.9M$5.8M20xas long as short
SunX QQQ-USDT0.0000%8h744.65+0.012%$2K$2.0M10xas long as short
HTX QQQ-USDT0.0000%8h744.65+0.012%$257K$29K30xas long as short
Phemex QQQUSDTlong0.0000%8h744.56long leg$357K$1.4M10x
Aster QQQUSDTshort+0.0001%8h744.22−0.046%$841K$713K20x
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter QQQ+0.0032%1h744.04−0.070%$7.7M$17.1M30xas long as short
Lighter RH QQQ+0.0032%1h744.33−0.031%$37.3M$80.7M50xas long as short
Coinbase International QQQ-PERP-INTX+0.0032%1h743.88−0.091%$1.2M$532K20xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0032%1h743.99−0.077%$425K$149K20xas long as short
Arcus QQQ-USD+0.0040%1h743.41−0.154%$705K$1.6M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h745.17+0.082%$337K50xas long as short
Ondo Perps QQQ-USD.P+0.0050%1h743.21−0.181%$4.2M$1.9M20xas long as short
Variational Omni QQQ+0.0053%8h744.24−0.042%$17.1M$7.6Mas long as short
Binance QQQUSDT+0.0077%8h744.28−0.038%$71.1M$145.3M25xas long as short
Nado QQQ-PERP+0.0098%1h743.78−0.105%$1.5M$934K20xas long as short
KuCoin QQQUSDTM+0.0100%8h743.93−0.085%$3.4M$412K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h743.97−0.079%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h744.01−0.074%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h743.46−0.147%$93K$1K10xas long as short
GRVT QQQ_USDT_Perp+0.0179%8h744.41−0.020%$322K$1.9M10xas long as short
Phoenix QQQ+0.0183%1h743.81−0.101%$38K$66K20xas long as short
edgeX QQQUSDC+0.0258%4h744.28−0.038%$761K$335K20xas long as short