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

QQQ

RWAall QQQ markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h −0.026%
Price spread now: ApeX Omni against RISEx−0.054%54s7-day average −0.074% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$260.265% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.093%−$9 on $10k
Price spread, last 7 days−0.010%−$1 · spread now −0.054%, 7d avg −0.074%
Together, before fees−0.103%−$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and ApeX Omni is 0.021% dearer against RISEx than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.074%. Mind the row above: over the last 4 days funding on this pair cost −0.093%, so the current rate has only just turned in your favour. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx QQQ/USDC744.540get 0.0000% / 1h35m 49s$5.4M$7.5M25x
ShortApeX Omni QQQUSDT744.140.0100get 0.0013% / 1h35m 49s$20K$2.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against RISEx. 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
$21
Price spread: −0.054% → −0.074%
$2.07
Slippage, 4 orders
−$10.47
Fee RISEx: 3 bp × 2 orders
−$6
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$3.4
Costs to cover
0.265%
Break-even
8.1 days
Slippage from RISEx: live order book, 3 min ago; ApeX Omni: 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 RISEx live order book, 3 min ago0.34 bp3.3 bp −$34.2 bp −$42doesn't fitdoesn't fit
Sell ApeX Omni live order book, 3 min ago3.76 bp10.0 bp −$1025.3 bp −$253doesn'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
Ondo Perps QQQ-USD.P−0.0141%1h742.94−0.215%$4.2M$1.8M20xas long as short
GMX QQQ/USD [ETH-USDC]L −0.0122% / S +0.0222%1h744.51−0.003%$25K26xas long as short
BloFin QQQ-USDT−0.0021%8h744.29−0.034%$1.1M$271K20xas long as short
Aster QQQUSDT0.0000%8h744.49−0.006%$841K$714K20xas long as short
Bybit QQQUSDT0.0000%8h744.41−0.017%$10.7M$5.0M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h744.29−0.034%$21.5M$26.9M50xas long as short
RISEx QQQ/USDClong0.0000%1h744.54long leg$5.4M$7.5M25x
Gate QQQ_USDT0.0000%8h743.87−0.090%$3.3M$20.8M50xas long as short
Bitget QQQUSDT0.0000%8h744.62+0.011%$16.9M$5.7M20xas long as short
SunX QQQ-USDT0.0000%8h744.94+0.054%$2K$1.9M10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX QQQ-USDT0.0000%8h744.70+0.021%$257K$29K30xas long as short
Phemex QQQUSDT0.0000%8h744.74+0.027%$361K$1.5M10xas long as short
Variational Omni QQQ+0.0002%8h744.38−0.021%$17.1M$7.5Mas long as short
Coinbase International QQQ-PERP-INTX+0.0008%1h743.96−0.078%$1.2M$536K20xas long as short
Lighter QQQ+0.0032%1h744.31−0.031%$7.7M$16.3M30xas long as short
Arcus QQQ-USD+0.0040%1h743.75−0.106%$700K$1.6M25xas long as short
Binance QQQUSDT+0.0041%8h744.51−0.004%$71.1M$141.8M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h745.48+0.126%$337K50xas long as short
Lighter RH QQQ+0.0048%1h744.76+0.030%$36.9M$78.9M50xas long as short
Nado QQQ-PERP+0.0096%1h744.14−0.054%$1.5M$876K20xas long as short
KuCoin QQQUSDTM+0.0100%8h744.11−0.058%$3.4M$389K20xas long as short
ApeX Omni QQQUSDTshort+0.0100%1h744.14−0.054%$20K$2.2M50x
Orderly PERP_QQQ_USDC_mythos+0.0100%8h744.18−0.048%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h743.64−0.120%$93K$1K10xas long as short
GRVT QQQ_USDT_Perp+0.0114%8h744.62+0.011%$319K$1.9M10xas long as short
Phoenix QQQ+0.0129%1h744.01−0.071%$38K$66K20xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0261%1h744.44−0.013%$425K$149K20xas long as short
edgeX QQQUSDC+0.0636%4h744.35−0.025%$761K$334K20xas long as short