Funding you earn now, next payment 00:00 UTC+0.0033%/8h= +3.6% APRnext payment +$0.33 per $10,000 · paid last 24h −0.100%
Price spread now: Binance against Variational Omni−0.007%7-day average +0.013% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.100%−$10 on $10k
+Price spread, last 2 days (all we have)+0.057%+$6 · spread now −0.007%, 7d avg +0.013%
=Together, before fees−0.043%+ Points / potential airdropVariational Omni: Active · farm board−$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.013%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair cost −0.100%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni QQQ | 742.03 | 0.0055 | pay 0.0055% / 8h | 2h 21m | $17.2M | $10.6M | — |
| Short | Binance QQQUSDT | 741.98 | 0.0087 | get 0.0087% / 8h | 2h 21m | $69.9M | $165.5M | 25x |
Variational Omni QQQ
Binance QQQUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Variational Omni. 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
- $6.91
- Price spread: −0.007% → +0.013%
- −$1.96
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$5.05
- Costs to cover
- 0.100%
- Break-even
- 12.1 days
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Binance: live order book, 6 min ago. 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 Variational Omni RFQ quote, 2 min ago | 1.90 bp | doesn't fit | 2.3 bp −$23 | 9.5 bp −$949 | doesn't fit |
| Sell Binance live order book, 6 min ago | 0.07 bp | 5.1 bp −$5 | 5.5 bp −$55 | 12.7 bp −$1,274 | doesn't fit |
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 −0.0057% / S +0.0171% | 1h | 741.99 | −0.006% | $25K | — | 26x | as long as short |
| BloFin QQQ-USDT | −0.0017% | 8h | 741.82 | −0.028% | $1.0M | $509K | 20x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 741.77 | −0.035% | $21.3M | $28.1M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 741.66 | −0.050% | $3.1M | $33.2M | 50x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 742.41 | +0.051% | $2K | $2.5M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 742.11 | +0.011% | $256K | $32K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 742.27 | +0.032% | $361K | $1.4M | 10x | as long as short |
| Aster QQQUSDT | +0.0005% | 8h | 741.87 | −0.021% | $840K | $780K | 20x | as long as short |
| Arcus QQQ-USD | +0.0025% | 1h | 741.28 | −0.101% | $735K | $1.5M | 25x | as long as short |
| Ondo Perps QQQ-USD.P | +0.0035% | 1h | 740.84 | −0.160% | $4.2M | $2.2M | 20x | as long as short |
GMX QQQ/USD [ETH-USDC]
BloFin QQQ-USDT
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDT
Aster QQQUSDT
Arcus QQQ-USD
Ondo Perps QQQ-USD.PShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest QQQ-USD-PERP | +0.0046% | 1h | 742.42 | +0.053% | — | $621K | 50x | as long as short |
| Variational Omni QQQlong | +0.0055% | 8h | 742.03 | long leg | $17.2M | $10.6M | — | |
| Coinbase International QQQ-PERP-INTX | +0.0064% | 1h | 741.44 | −0.079% | $1.2M | $894K | 20x | as long as short |
| Bybit QQQUSDT | +0.0065% | 8h | 742.08 | +0.007% | $10.7M | $5.4M | 50x | as long as short |
| Phoenix QQQ | +0.0076% | 1h | 741.66 | −0.050% | $38K | $73K | 20x | as long as short |
| Binance QQQUSDTshort | +0.0087% | 8h | 741.98 | −0.007% | $69.9M | $165.5M | 25x | |
| KuCoin QQQUSDTM | +0.0100% | 8h | 741.46 | −0.077% | $3.4M | $449K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 741.45 | −0.078% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 741.19 | −0.113% | $7K | $15K | 20x | as long as short |
| Lighter QQQ | +0.0104% | 1h | 741.84 | −0.025% | $7.9M | $21.6M | 30x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 741.31 | −0.097% | $92K | $1K | 10x | as long as short |
| Lighter RH QQQ | +0.0120% | 1h | 742.18 | +0.020% | $37.9M | $82.9M | 50x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0168% | 1h | 741.82 | −0.028% | $424K | $304K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0170% | 8h | 742.14 | +0.015% | $316K | $1.7M | 10x | as long as short |
| RISEx QQQ/USDC | +0.0212% | 1h | 742.01 | −0.002% | $5.4M | $9.3M | 25x | as long as short |
| Bitget QQQUSDT | +0.0233% | 8h | 741.99 | −0.005% | $16.8M | $7.7M | 20x | as long as short |
| Nado QQQ-PERP | +0.0248% | 1h | 741.37 | −0.088% | $1.5M | $1.4M | 20x | as long as short |
| edgeX QQQUSDC | +0.0856% | 4h | 742.03 | 0.000% | $759K | $335K | 20x | as long as short |
Vest QQQ-USD-PERP
Coinbase International QQQ-PERP-INTX
Bybit QQQUSDT
Phoenix QQQ
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Lighter QQQ
Aevo QQQ-PERP
Lighter RH QQQ
Deribit QQQ_USDC-PERPETUAL
GRVT QQQ_USDT_Perp
RISEx QQQ/USDC
Bitget QQQUSDT
Nado QQQ-PERP
edgeX QQQUSDC