Funding you earn now, next payment 08:00 UTC−0.0042%/8h= −4.6% APRnext payment −$0.42 per $10,000 · paid last 24h −0.011%
Price spread now: Bybit against Variational Omni+0.022%7-day average +0.021% · 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)−0.020%−$2 on $10k
+Price spread, last 7 days−0.014%−$1 · spread now +0.022%, 7d avg +0.021%
=Together, before fees−0.034%+ Points / potential airdropVariational Omni: Active · farm board−$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.021%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni QQQ | 743.41 | 0.0042 | pay 0.0042% / 8h | 7h 59m | $17.2M | $10.8M | — |
| Short | Bybit QQQUSDT | 743.58 | 0 | get 0.0000% / 8h | 7h 59m | $10.7M | $5.1M | 50x |
Variational Omni QQQ
Bybit QQQUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$8.79
- Price spread: +0.022% → +0.021%
- $0.17
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$19.62
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 5 min ago; Bybit: live order book, 9 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, 5 min ago | 1.90 bp | doesn't fit | 2.7 bp −$27 | 10.6 bp −$1,064 | doesn't fit |
| Sell Bybit live order book, 9 min ago | 0.47 bp | 7.1 bp −$7 | 8.7 bp −$87 | 54.6 bp −$5,460 | 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 | −0.0240% | 1h | 741.95 | −0.197% | $4.2M | $2.0M | 20x | as long as short |
| GMX QQQ/USD [ETH-USDC] | L −0.0080% / S +0.0189% | 1h | 743.59 | +0.023% | $25K | — | 26x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 743.38 | −0.005% | $839K | $799K | 20x | as long as short |
| Bybit QQQUSDTshort | 0.0000% | 8h | 743.58 | +0.022% | $10.7M | $5.1M | 50x | |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 743.36 | −0.007% | $21.5M | $25.8M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 743.13 | −0.038% | $3.1M | $25.9M | 50x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 744.02 | +0.081% | $1K | $2.3M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 743.15 | −0.036% | $257K | $25K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 743.75 | +0.045% | $361K | $1.4M | 10x | as long as short |
| BloFin QQQ-USDT | +0.0009% | 8h | 743.09 | −0.044% | $1.1M | $319K | 20x | as long as short |
Ondo Perps QQQ-USD.P
GMX QQQ/USD [ETH-USDC]
Aster QQQUSDT
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDT
BloFin QQQ-USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH QQQ | +0.0032% | 1h | 743.60 | +0.025% | $37.4M | $78.2M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 742.77 | −0.087% | $747K | $1.5M | 25x | as long as short |
| Variational Omni QQQlong | +0.0042% | 8h | 743.41 | long leg | $17.2M | $10.8M | — | |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 744.10 | +0.092% | — | $621K | 50x | as long as short |
| Lighter QQQ | +0.0056% | 1h | 743.22 | −0.026% | $7.6M | $18.1M | 30x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0064% | 1h | 743.04 | −0.050% | $1.2M | $697K | 20x | as long as short |
| Binance QQQUSDT | +0.0070% | 8h | 743.59 | +0.024% | $70.9M | $161.0M | 25x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 743.13 | −0.038% | $3.4M | $414K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 743.14 | −0.037% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 743.32 | −0.013% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 742.97 | −0.060% | $92K | $1K | 10x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0127% | 1h | 743.32 | −0.013% | $425K | $158K | 20x | as long as short |
| Bitget QQQUSDT | +0.0169% | 8h | 743.62 | +0.028% | $16.9M | $6.7M | 20x | as long as short |
| Nado QQQ-PERP | +0.0175% | 1h | 743.12 | −0.039% | $1.5M | $1.2M | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0187% | 8h | 743.68 | +0.036% | $316K | $1.8M | 10x | as long as short |
| Phoenix QQQ | +0.0194% | 1h | 743.19 | −0.030% | $38K | $66K | 20x | as long as short |
| RISEx QQQ/USDC | +0.0208% | 1h | 743.50 | +0.011% | $5.6M | $9.0M | 25x | as long as short |
| edgeX QQQUSDC | +0.0806% | 4h | 743.41 | 0.000% | $760K | $337K | 20x | as long as short |
Lighter RH QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
Lighter QQQ
Coinbase International QQQ-PERP-INTX
Binance QQQUSDT
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Deribit QQQ_USDC-PERPETUAL
Bitget QQQUSDT
Nado QQQ-PERP
GRVT QQQ_USDT_Perp
Phoenix QQQ
RISEx QQQ/USDC
edgeX QQQUSDC