Funding you earn now, next payment 00:00 UTC−0.0147%/8h= −16.1% APRnext payment −$0.18 per $10,000 · paid last 24h −0.075%
Price spread now: Vest against RISEx+0.045%52s7-day average +0.107% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.138%−$14 on $10k
+Price spread, last 3 days (all we have)−0.082%−$8 · spread now +0.045%, 7d avg +0.107%
=Together, before fees−0.221%+ Points / potential airdropVest: Active · farm board−$22 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Vest is 0.062% cheaper against RISEx than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.107%). Swap the legs. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx QQQ/USDC | 743.46 | 0.0193 | pay 0.0024% / 1h | 35m 39s | $5.4M | $8.9M | 25x |
| Short | Vest QQQ-USD-PERP | 743.80 | 0.0046 | get 0.0006% / 1h | 35m 39s | — | $621K | 50x |
RISEx QQQ/USDC
Vest QQQ-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Vest against RISEx. 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
- −$30.92
- Price spread: +0.045% → +0.107%
- −$6.18
- Slippage, 4 orders
- no order book: not counted
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$45.1
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: RISEx: live order book, 3 min ago; Vest: no order-book sample. Net counts fees only.
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 RISEx live order book, 3 min ago | 0.07 bp | 3.9 bp −$4 | 4.6 bp −$46 | doesn't fit | doesn't fit |
| Sell Vest no order-book sample | — | — | — | — | — |
Vest: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 −0.0072% / S +0.0183% | 1h | 743.36 | −0.014% | $25K | — | 26x | as long as short |
| BloFin QQQ-USDT | −0.0020% | 8h | 743.09 | −0.050% | $1.1M | $468K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 743.34 | −0.017% | $845K | $783K | 20x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 743.19 | −0.037% | $21.6M | $27.7M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 742.81 | −0.088% | $3.1M | $32.8M | 50x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 743.78 | +0.043% | $2K | $2.3M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 743.15 | −0.042% | $257K | $26K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 743.64 | +0.024% | $361K | $1.4M | 10x | as long as short |
| Lighter RH QQQ | +0.0040% | 1h | 743.49 | +0.004% | $37.5M | $79.5M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 742.77 | −0.093% | $695K | $1.5M | 25x | as long as short |
GMX QQQ/USD [ETH-USDC]
BloFin QQQ-USDT
Aster QQQUSDT
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDT
Lighter RH QQQ
Arcus QQQ-USDShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest QQQ-USD-PERPshort | +0.0046% | 1h | 743.80 | +0.045% | — | $621K | 50x | |
| Ondo Perps QQQ-USD.P | +0.0046% | 1h | 742.07 | −0.187% | $4.2M | $2.1M | 20x | as long as short |
| Variational Omni QQQ | +0.0049% | 8h | 743.27 | −0.026% | $17.6M | $10.3M | — | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0072% | 1h | 742.80 | −0.089% | $1.2M | $866K | 20x | as long as short |
| Binance QQQUSDT | +0.0078% | 8h | 743.34 | −0.016% | $71.0M | $160.5M | 25x | as long as short |
| Lighter QQQ | +0.0080% | 1h | 743.20 | −0.035% | $7.6M | $20.9M | 30x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 742.89 | −0.077% | $3.4M | $423K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 742.83 | −0.085% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 743.12 | −0.046% | $12K | $21K | 20x | as long as short |
| Bybit QQQUSDT | +0.0102% | 8h | 743.39 | −0.010% | $10.7M | $5.2M | 50x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 742.62 | −0.113% | $92K | $1K | 10x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0140% | 1h | 743.07 | −0.053% | $424K | $173K | 20x | as long as short |
| Nado QQQ-PERP | +0.0181% | 1h | 742.89 | −0.077% | $1.5M | $1.3M | 20x | as long as short |
| Bitget QQQUSDT | +0.0190% | 8h | 743.35 | −0.015% | $16.9M | $7.1M | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0192% | 8h | 743.51 | +0.006% | $323K | $1.8M | 10x | as long as short |
| RISEx QQQ/USDClong | +0.0193% | 1h | 743.46 | long leg | $5.4M | $8.9M | 25x | |
| Phoenix QQQ | +0.0194% | 1h | 742.83 | −0.085% | $38K | $73K | 20x | as long as short |
| edgeX QQQUSDC | +0.0265% | 4h | 743.26 | −0.027% | $760K | $336K | 20x | as long as short |
Ondo Perps QQQ-USD.P
Variational Omni QQQ
Coinbase International QQQ-PERP-INTX
Binance QQQUSDT
Lighter QQQ
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Bybit QQQUSDT
Aevo QQQ-PERP
Deribit QQQ_USDC-PERPETUAL
Nado QQQ-PERP
Bitget QQQUSDT
GRVT QQQ_USDT_Perp
Phoenix QQQ
edgeX QQQUSDC