Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.020%
Price spread now: Gate against Variational Omni−0.057%7-day average −0.005% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.040%−$4 on $10k
+Price spread, last 7 days+0.082%+$8 · spread now −0.057%, 7d avg −0.005%
=Together, before fees+0.042%+ Points / potential airdropVariational Omni: Active · farm board+$4 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.052% cheaper against Variational Omni than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.005%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni QQQ | 743.78 | 0 | get 0.0000% / 8h | 3h 55m | $17.1M | $7.4M | — |
| Short | Gate QQQ_USDT | 743.36 | 0 | get 0.0000% / 8h | 3h 55m | $3.3M | $20.7M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $0
- Price spread: −0.057% → −0.005%
- −$5.23
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$20.23
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Gate: live order book, 3 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, 3 min ago | 1.89 bp | doesn't fit | 3.2 bp −$32 | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 1.88 bp | 9.7 bp −$10 | 13.5 bp −$135 | 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 −0.0130% / S +0.0228% | 1h | 743.91 | +0.017% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0029% | 1h | 742.88 | −0.122% | $4.2M | $1.8M | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 743.89 | +0.015% | $841K | $714K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 743.90 | +0.015% | $10.7M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 743.62 | −0.022% | $21.5M | $26.9M | 50x | as long as short |
| Gate QQQ_USDTshort | 0.0000% | 8h | 743.36 | −0.057% | $3.3M | $20.7M | 50x | |
| Bitget QQQUSDT | 0.0000% | 8h | 743.95 | +0.022% | $16.9M | $5.6M | 20x | as long as short |
| Variational Omni QQQlong | 0.0000% | 8h | 743.78 | long leg | $17.1M | $7.4M | — | |
| SunX QQQ-USDT | 0.0000% | 8h | 744.37 | +0.079% | $2K | $1.9M | 10x | as long as short |
| Coinbase International QQQ-PERP-INTX | 0.0000% | 1h | 743.62 | −0.022% | $1.2M | $536K | 20x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX QQQ-USDT | 0.0000% | 8h | 744.32 | +0.072% | $257K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 744.26 | +0.064% | $360K | $1.6M | 10x | as long as short |
| RISEx QQQ/USDC | +0.0010% | 1h | 744.04 | +0.034% | $5.4M | $7.3M | 25x | as long as short |
| Binance QQQUSDT | +0.0019% | 8h | 743.85 | +0.009% | $71.0M | $141.2M | 25x | as long as short |
| BloFin QQQ-USDT | +0.0029% | 8h | 743.88 | +0.013% | $1.1M | $256K | 20x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 743.79 | +0.001% | $7.7M | $15.8M | 30x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 743.40 | −0.052% | $699K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 744.94 | +0.155% | — | $337K | 50x | as long as short |
| Lighter RH QQQ | +0.0048% | 1h | 744.22 | +0.059% | $37.0M | $77.8M | 50x | as long as short |
| Nado QQQ-PERP | +0.0083% | 1h | 743.69 | −0.012% | $1.5M | $797K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0087% | 8h | 744.25 | +0.063% | $316K | $1.9M | 10x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 743.64 | −0.019% | $3.4M | $345K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 743.76 | −0.003% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 743.69 | −0.013% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 743.17 | −0.083% | $92K | $1K | 10x | as long as short |
| edgeX QQQUSDC | +0.0106% | 4h | 743.96 | +0.023% | $761K | $333K | 20x | as long as short |
| Phoenix QQQ | +0.0129% | 1h | 743.69 | −0.013% | $38K | $66K | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0180% | 1h | 743.79 | +0.001% | $425K | $150K | 20x | as long as short |
Variational Omni QQQ
Gate QQQ_USDT
GMX QQQ/USD [ETH-USDC]
Aster QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
Bitget QQQUSDT
SunX QQQ-USDT
Coinbase International QQQ-PERP-INTX
HTX QQQ-USDT
Phemex QQQUSDT
RISEx QQQ/USDC
Binance QQQUSDT
BloFin QQQ-USDT
Lighter QQQ
Lighter RH QQQ
GRVT QQQ_USDT_Perp
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
edgeX QQQUSDC
Phoenix QQQ
Deribit QQQ_USDC-PERPETUAL