Funding you earn now, next payment 00:00 UTC+0.0127%/8h= +14.0% APRnext payment +$1.27 per $10,000 · paid last 24h +0.007%
Price spread now: Bitget against Variational Omni+0.007%7-day average +0.034% · 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)+0.008%+$1 on $10k
+Price spread, last 7 days+0.009%+$1 · spread now +0.007%, 7d avg +0.034%
=Together, before fees+0.017%+ Points / potential airdropVariational Omni: Active · farm board+$2 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bitget is 0.026% cheaper against Variational Omni than usual: you would sell low and buy high (spread +0.007% now, against its 7-day average of +0.034%). If the spread goes back, that is −$3 on $10k: about 16 hours of funding at the current rate (+$4 a day). At the pace of the last 3 days (+0.008% in total) that is about 11 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni QQQ | 743.39 | 0.0044 | pay 0.0044% / 8h | 1m 54s | $17.2M | $10.7M | — |
| Short | Bitget QQQUSDT | 743.45 | 0.0171 | get 0.0171% / 8h | 1m 54s | $16.9M | $7.0M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $26.77
- Price spread: +0.007% → +0.034%
- −$2.63
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $12.14
- Costs to cover
- 0.120%
- Break-even
- 3.8 days
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Bitget: live order book, 7 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 | 2.7 bp −$27 | 10.6 bp −$1,064 | doesn't fit |
| Sell Bitget live order book, 7 min ago | 0.07 bp | 6.4 bp −$6 | 7.9 bp −$79 | 12.7 bp −$1,272 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps QQQ-USD.P | −0.0104% | 1h | 741.93 | −0.197% | $4.2M | $2.0M | 20x | as long as short |
| GMX QQQ/USD [ETH-USDC] | L −0.0079% / S +0.0188% | 1h | 743.51 | +0.016% | $25K | — | 26x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 743.38 | −0.002% | $845K | $799K | 20x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 743.36 | −0.005% | $21.5M | $27.0M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 743.09 | −0.041% | $3.1M | $32.8M | 50x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 743.95 | +0.075% | $2K | $2.3M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 743.15 | −0.033% | $257K | $25K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 744.02 | +0.084% | $362K | $1.4M | 10x | as long as short |
| BloFin QQQ-USDT | +0.0029% | 8h | 743.09 | −0.041% | $1.1M | $319K | 20x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 743.75 | +0.048% | $37.4M | $81.4M | 50x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus QQQ-USD | +0.0040% | 1h | 742.77 | −0.084% | $747K | $1.5M | 25x | as long as short |
| Variational Omni QQQlong | +0.0044% | 8h | 743.39 | long leg | $17.2M | $10.7M | — | |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 744.06 | +0.090% | — | $621K | 50x | as long as short |
| Lighter QQQ | +0.0056% | 1h | 743.34 | −0.007% | $7.6M | $20.9M | 30x | as long as short |
| Binance QQQUSDT | +0.0071% | 8h | 743.52 | +0.016% | $70.9M | $160.8M | 25x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0072% | 1h | 743.11 | −0.038% | $1.2M | $827K | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0086% | 1h | 743.28 | −0.015% | $425K | $158K | 20x | as long as short |
| Bybit QQQUSDT | +0.0094% | 8h | 743.49 | +0.013% | $10.7M | $5.1M | 50x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 743.09 | −0.041% | $3.4M | $415K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 743.16 | −0.032% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 743.20 | −0.026% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 742.78 | −0.083% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0167% | 1h | 743.09 | −0.041% | $1.5M | $1.2M | 20x | as long as short |
| Bitget QQQUSDTshort | +0.0171% | 8h | 743.45 | +0.007% | $16.9M | $7.0M | 20x | |
| GRVT QQQ_USDT_Perp | +0.0189% | 8h | 743.68 | +0.038% | $316K | $1.8M | 10x | as long as short |
| RISEx QQQ/USDC | +0.0193% | 1h | 743.57 | +0.024% | $5.6M | $9.0M | 25x | as long as short |
| Phoenix QQQ | +0.0194% | 1h | 743.12 | −0.037% | $38K | $73K | 20x | as long as short |
| edgeX QQQUSDC | +0.0306% | 4h | 743.39 | −0.001% | $760K | $336K | 20x | as long as short |
Variational Omni QQQ
Bitget QQQUSDT
GMX QQQ/USD [ETH-USDC]
Aster QQQUSDT
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDT
BloFin QQQ-USDT
Lighter RH QQQ
Lighter QQQ
Binance QQQUSDT
Coinbase International QQQ-PERP-INTX
Deribit QQQ_USDC-PERPETUAL
Bybit QQQUSDT
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
GRVT QQQ_USDT_Perp
RISEx QQQ/USDC
Phoenix QQQ
edgeX QQQUSDC