Funding you earn now, next payment 00:00 UTC+0.0159%/8h= +17.4% APRpaid last 24h +0.002%
Price spread now: Deribit against Variational Omni−0.022%7-day average −0.040% · 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)+0.085%+$9 on $10k
+Price spread, last 3 days (all we have)−0.012%−$1 · spread now −0.022%, 7d avg −0.040%
=Together, before fees+0.073%+ Points / potential airdropVariational Omni: Active · farm board+$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.040%, so right now this pair is about funding alone: +$5 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 | 743.31 | 0.0049 | pay 0.0049% / 8h | 43m 08s | $17.6M | $10.3M | — |
| Short | Deribit QQQ_USDC-PERPETUAL | 743.15 | 0.0208 | get 0.0026% / 1h | 43m 08s | $425K | $173K | 20x |
Variational Omni QQQ
Deribit QQQ_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $33.32
- Price spread: −0.022% → −0.040%
- $1.84
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $28.16
- Costs to cover
- 0.070%
- Break-even
- 1.1 days
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Deribit: live order book, 36 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, 1 min ago | 1.90 bp | doesn't fit | 2.5 bp −$25 | 9.2 bp −$919 | doesn't fit |
| Sell Deribit live order book, 36 min ago | 0.07 bp | 3.6 bp −$4 | 5.3 bp −$53 | doesn't fit | 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 −0.0071% / S +0.0182% | 1h | 743.40 | +0.013% | $25K | — | 26x | as long as short |
| BloFin QQQ-USDT | −0.0016% | 8h | 743.09 | −0.030% | $1.0M | $468K | 20x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 743.28 | −0.004% | $21.6M | $27.7M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 743.08 | −0.031% | $3.1M | $32.8M | 50x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 743.86 | +0.074% | $2K | $2.3M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 743.12 | −0.026% | $257K | $26K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 743.87 | +0.075% | $358K | $1.4M | 10x | as long as short |
| Aster QQQUSDT | +0.0001% | 8h | 743.36 | +0.006% | $841K | $783K | 20x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 742.70 | −0.082% | $738K | $1.4M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 743.89 | +0.078% | — | $621K | 50x | 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
Vest QQQ-USD-PERPShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH QQQ | +0.0048% | 1h | 743.61 | +0.040% | $37.6M | $79.0M | 50x | as long as short |
| Variational Omni QQQlong | +0.0049% | 8h | 743.31 | long leg | $17.6M | $10.3M | — | |
| Ondo Perps QQQ-USD.P | +0.0050% | 1h | 742.08 | −0.166% | $4.2M | $2.1M | 20x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0072% | 1h | 742.80 | −0.069% | $1.2M | $866K | 20x | as long as short |
| Binance QQQUSDT | +0.0080% | 8h | 743.36 | +0.007% | $71.0M | $160.6M | 25x | as long as short |
| Lighter QQQ | +0.0088% | 1h | 743.27 | −0.006% | $7.6M | $20.9M | 30x | as long as short |
| Bybit QQQUSDT | +0.0099% | 8h | 743.51 | +0.027% | $10.7M | $5.2M | 50x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 742.94 | −0.050% | $3.4M | $424K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 742.92 | −0.053% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 743.16 | −0.020% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 742.71 | −0.080% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0178% | 1h | 742.93 | −0.051% | $1.5M | $1.3M | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0191% | 8h | 743.57 | +0.035% | $316K | $1.8M | 10x | as long as short |
| RISEx QQQ/USDC | +0.0193% | 1h | 743.61 | +0.040% | $5.4M | $8.9M | 25x | as long as short |
| Phoenix QQQ | +0.0194% | 1h | 743.04 | −0.037% | $38K | $73K | 20x | as long as short |
| Bitget QQQUSDT | +0.0194% | 8h | 743.40 | +0.012% | $16.9M | $7.1M | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUALshort | +0.0208% | 1h | 743.15 | −0.022% | $425K | $173K | 20x | |
| edgeX QQQUSDC | +0.0269% | 4h | 743.44 | +0.017% | $760K | $338K | 20x | as long as short |
Lighter RH QQQ
Ondo Perps QQQ-USD.P
Coinbase International QQQ-PERP-INTX
Binance QQQUSDT
Lighter QQQ
Bybit QQQUSDT
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Nado QQQ-PERP
GRVT QQQ_USDT_Perp
RISEx QQQ/USDC
Phoenix QQQ
Bitget QQQUSDT
edgeX QQQUSDC