Funding you earn now, next payment 00:00 UTC+0.0142%/8h= +15.6% APRnext payment +$1.42 per $10,000 · paid last 24h −0.015%
Price spread now: GRVT against Variational Omni+0.031%7-day average +0.036% · 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)−0.006%−$1 on $10k
+Price spread, last 3 days (all we have)+0.005%$0 · spread now +0.031%, 7d avg +0.036%
=Together, before fees−0.001%+ Points / potential airdropVariational Omni: Active · GRVT: Active · farm board$0 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.036%, so right now this pair is about funding alone: +$4 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 | 743.13 | 0.0046 | pay 0.0046% / 8h | 47m 23s | $17.6M | $10.3M | — |
| Short | GRVT QQQ_USDT_Perp | 743.36 | 0.0188 | get 0.0188% / 8h | 47m 23s | $323K | $1.8M | 10x |
Variational Omni QQQ
GRVT QQQ_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- $29.85
- Price spread: +0.031% → +0.036%
- −$0.51
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- $20.34
- Costs to cover
- 0.090%
- Break-even
- 2.2 days
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; GRVT: live order book, 1 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 | 2.3 bp −$23 | 10.7 bp −$1,067 | doesn't fit |
| Sell GRVT live order book, 1 min ago | 0.47 bp | 5.0 bp −$5 | 5.9 bp −$59 | 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 −0.0070% / S +0.0181% | 1h | 743.28 | +0.021% | $25K | — | 26x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 743.00 | −0.018% | $841K | $780K | 20x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 743.10 | −0.004% | $21.5M | $27.7M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 742.72 | −0.055% | $3.1M | $32.8M | 50x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 743.72 | +0.079% | $2K | $2.3M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 743.13 | 0.000% | $257K | $26K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 743.64 | +0.068% | $361K | $1.4M | 10x | as long as short |
| BloFin QQQ-USDT | +0.0028% | 8h | 742.84 | −0.039% | $1.0M | $468K | 20x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 742.47 | −0.089% | $737K | $1.4M | 25x | as long as short |
| edgeX QQQUSDC | +0.0045% | 4h | 743.18 | +0.007% | $760K | $337K | 20x | as long as short |
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
Arcus QQQ-USD
edgeX QQQUSDCShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest QQQ-USD-PERP | +0.0046% | 1h | 743.73 | +0.080% | — | $621K | 50x | as long as short |
| Variational Omni QQQlong | +0.0046% | 8h | 743.13 | long leg | $17.6M | $10.3M | — | |
| Ondo Perps QQQ-USD.P | +0.0050% | 1h | 742.08 | −0.142% | $4.2M | $2.1M | 20x | as long as short |
| Lighter RH QQQ | +0.0056% | 1h | 743.44 | +0.041% | $37.6M | $78.7M | 50x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0072% | 1h | 742.80 | −0.045% | $1.2M | $866K | 20x | as long as short |
| Binance QQQUSDT | +0.0079% | 8h | 743.28 | +0.020% | $71.0M | $160.6M | 25x | as long as short |
| Lighter QQQ | +0.0096% | 1h | 743.17 | +0.005% | $7.6M | $20.8M | 30x | as long as short |
| Bybit QQQUSDT | +0.0097% | 8h | 743.44 | +0.041% | $10.7M | $5.2M | 50x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 742.79 | −0.046% | $3.4M | $424K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 742.72 | −0.055% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 742.96 | −0.023% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 742.55 | −0.079% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0180% | 1h | 742.74 | −0.052% | $1.5M | $1.3M | 20x | as long as short |
| GRVT QQQ_USDT_Perpshort | +0.0188% | 8h | 743.36 | +0.031% | $323K | $1.8M | 10x | |
| RISEx QQQ/USDC | +0.0193% | 1h | 743.41 | +0.038% | $5.4M | $8.9M | 25x | as long as short |
| Phoenix QQQ | +0.0194% | 1h | 742.87 | −0.035% | $38K | $73K | 20x | as long as short |
| Bitget QQQUSDT | +0.0196% | 8h | 743.10 | −0.004% | $16.9M | $7.1M | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0275% | 1h | 743.05 | −0.011% | $424K | $185K | 20x | as long as short |
Vest QQQ-USD-PERP
Ondo Perps QQQ-USD.P
Lighter RH QQQ
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
RISEx QQQ/USDC
Phoenix QQQ
Bitget QQQUSDT
Deribit QQQ_USDC-PERPETUAL