Funding you earn now, next payment 11:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%
Price spread now: ApeX Omni against SunX−0.207%73s7-day average −0.081% · you buy dearer than you sell
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$830.831% of the position
Funding, last 7 days+0.210%+$21 on $10k
+Price spread, last 4 days (all we have)+0.083%+$8 · spread now −0.207%, 7d avg −0.081%
=Funding pays, the price is against you. ApeX Omni is 0.126% cheaper against SunX than usual: you would sell low and buy high (spread −0.207% now, against its 7-day average of −0.081%). If the spread goes back, that is −$13 on $10k: about 4.2 days of funding at the current rate (+$3 a day). The two prices were read 73 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 | SunX QQQ-USDT | 743.85 | 0 | get 0.0000% / 8h | 5h 07m | $2K | $1.5M | 10x |
| Short | ApeX Omni QQQUSDT | 742.31 | 0.0100 | get 0.0013% / 1h | 7m 56s | $20K | $2.2M | 50x |
SunX QQQ-USDT
ApeX Omni QQQUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against SunX. 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
- $21
- Price spread: −0.207% → −0.081%
- −$12.64
- Slippage, 4 orders
- −$65.12
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$74.76
- Costs to cover
- 0.831%
- Break-even
- 31.9 days
Slippage from SunX: live order book, 11 min ago; ApeX Omni: live order book, 4 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 SunX live order book, 11 min ago | 21.59 bp | 25.6 bp −$26 | 54.7 bp −$547 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 4 min ago | 3.77 bp | 9.8 bp −$10 | 29.5 bp −$295 | doesn't fit | doesn't fit |
QQQ on 28 exchanges
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 −0.0203% / S +0.0285% | 1h | 743.14 | −0.095% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0137% | 1h | 741.57 | −0.307% | $4.2M | $1.8M | 20x | as long as short |
| BloFin QQQ-USDT | −0.0003% | 8h | 743.10 | −0.101% | $1.1M | $240K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 743.32 | −0.071% | $857K | $903K | 20x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 743.14 | −0.095% | $22.1M | $30.9M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 743.02 | −0.112% | $5.5M | $5.7M | 25x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 742.72 | −0.152% | $3.5M | $20.0M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 743.47 | −0.051% | $17.1M | $5.9M | 20x | as long as short |
| SunX QQQ-USDTlong | 0.0000% | 8h | 743.85 | long leg | $2K | $1.5M | 10x | |
| HTX QQQ-USDT | 0.0000% | 8h | 743.62 | −0.031% | $247K | $45K | 30x | as long as short |
GMX QQQ/USD [ETH-USDC]
Ondo Perps QQQ-USD.P
BloFin QQQ-USDT
Aster QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Gate QQQ_USDT
Bitget QQQUSDT
HTX QQQ-USDTShow all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex QQQUSDT | 0.0000% | 8h | 743.48 | −0.050% | $360K | $1.7M | 10x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 742.77 | −0.145% | $7.3M | $16.5M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 743.38 | −0.063% | $38.8M | $78.3M | 50x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0032% | 1h | 742.34 | −0.203% | $1.2M | $541K | 20x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 742.17 | −0.226% | $659K | $1.4M | 25x | as long as short |
| Bybit QQQUSDT | +0.0045% | 8h | 743.21 | −0.086% | $10.6M | $4.9M | 50x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 744.11 | +0.035% | — | $337K | 50x | as long as short |
| Variational Omni QQQ | +0.0069% | 8h | 742.99 | −0.116% | $16.8M | $7.0M | — | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0073% | 1h | 742.84 | −0.136% | $399K | $103K | 20x | as long as short |
| Binance QQQUSDT | +0.0091% | 8h | 743.35 | −0.067% | $72.3M | $146.4M | 25x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 742.80 | −0.141% | $3.4M | $496K | 20x | as long as short |
| ApeX Omni QQQUSDTshort | +0.0100% | 1h | 742.31 | −0.207% | $20K | $2.2M | 50x | |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 742.91 | −0.126% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 742.53 | −0.178% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0124% | 1h | 742.84 | −0.135% | $1.6M | $773K | 20x | as long as short |
| edgeX QQQUSDC | +0.0172% | 4h | 742.81 | −0.140% | $759K | $334K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0252% | 8h | 743.28 | −0.077% | $318K | $2.1M | 10x | as long as short |
| Phoenix QQQ | +0.0302% | 1h | 742.48 | −0.184% | $38K | $59K | 20x | as long as short |
Phemex QQQUSDT
Lighter QQQ
Lighter RH QQQ
Coinbase International QQQ-PERP-INTX
Arcus QQQ-USD
Bybit QQQUSDT
Vest QQQ-USD-PERP
Variational Omni QQQ
Deribit QQQ_USDC-PERPETUAL
Binance QQQUSDT
KuCoin QQQUSDTM
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Nado QQQ-PERP
edgeX QQQUSDC
GRVT QQQ_USDT_Perp
Phoenix QQQ