Funding you earn now, next payment 06:00 UTC−0.0239%/8h= −26.1% APRpaid last 24h −0.050%
Price spread now: GMX against Variational Omni+0.017%50s7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$7 a day on $10k at the current rate. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni QQQ | 742.62 | 0 | get 0.0000% / 8h | 2h 50m | $17.1M | $7.2M | — |
| Short | GMX QQQ/USD [ETH-USDC] | 742.75 | L −0.0143% / S +0.0239% | pay 0.0030% / 1h | 50m 38s | $25K | — | 26x |
Variational Omni QQQ
GMX QQQ/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX 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
- −$50.13
- Price spread: +0.017% → 0.000%
- $1.75
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$60.38
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; GMX: no order-book sample. 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, 4 min ago | 1.90 bp | doesn't fit | 2.2 bp −$22 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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]short | L −0.0143% / S +0.0239% | 1h | 742.75 | +0.017% | $25K | — | 26x | |
| Ondo Perps QQQ-USD.P | −0.0008% | 1h | 741.83 | −0.106% | $4.2M | $1.8M | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 742.68 | +0.009% | $824K | $857K | 20x | as long as short |
| Binance QQQUSDT | 0.0000% | 8h | 742.71 | +0.013% | $69.9M | $143.0M | 25x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 742.80 | +0.025% | $10.7M | $5.1M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 742.48 | −0.018% | $21.6M | $27.8M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 742.76 | +0.020% | $5.4M | $7.0M | 25x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 742.04 | −0.077% | $3.3M | $21.2M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 742.97 | +0.048% | $16.6M | $5.7M | 20x | as long as short |
| Variational Omni QQQlong | 0.0000% | 8h | 742.62 | long leg | $17.1M | $7.2M | — |
Ondo Perps QQQ-USD.P
Aster QQQUSDT
Binance QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Gate QQQ_USDT
Bitget QQQUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX QQQ-USDT | 0.0000% | 8h | 743.28 | +0.090% | $2K | $1.9M | 10x | as long as short |
| Coinbase International QQQ-PERP-INTX | 0.0000% | 1h | 742.34 | −0.037% | $1.2M | $537K | 20x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 743.01 | +0.053% | $254K | $35K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 743.08 | +0.063% | $361K | $1.6M | 10x | as long as short |
| BloFin QQQ-USDT | +0.0001% | 8h | 742.53 | −0.011% | $1.1M | $246K | 20x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 742.59 | −0.003% | $7.7M | $15.5M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 742.95 | +0.045% | $36.9M | $78.0M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 741.77 | −0.114% | $703K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 743.69 | +0.145% | — | $337K | 50x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0076% | 8h | 742.85 | +0.032% | $319K | $1.9M | 10x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 742.35 | −0.036% | $3.4M | $348K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 742.31 | −0.041% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 742.49 | −0.017% | $12K | $21K | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0100% | 1h | 742.58 | −0.005% | $424K | $151K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 741.95 | −0.090% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0109% | 1h | 742.42 | −0.026% | $1.5M | $764K | 20x | as long as short |
| Phoenix QQQ | +0.0129% | 1h | 742.29 | −0.044% | $38K | $66K | 20x | as long as short |
| edgeX QQQUSDC | +0.0535% | 4h | 742.62 | +0.001% | $759K | $335K | 20x | as long as short |
SunX QQQ-USDT
Coinbase International QQQ-PERP-INTX
HTX QQQ-USDT
Phemex QQQUSDT
BloFin QQQ-USDT
Lighter QQQ
Lighter RH QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
GRVT QQQ_USDT_Perp
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Deribit QQQ_USDC-PERPETUAL
Aevo QQQ-PERP
Nado QQQ-PERP
Phoenix QQQ
edgeX QQQUSDC