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: Phemex against Variational Omni+0.036%7-day average +0.052% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.029%−$3 on $10k
+Price spread, last 4 days (all we have)+0.035%+$3 · spread now +0.036%, 7d avg +0.052%
=Together, before fees+0.006%+ Points / potential airdropVariational Omni: Active · farm board+$1 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni QQQ | 741.89 | 0 | get 0.0000% / 8h | 1h 03m | $16.9M | $7.3M | — |
| Short | Phemex QQQUSDT | 742.15 | 0 | get 0.0000% / 8h | 1h 03m | $362K | $1.6M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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: +0.036% → +0.052%
- −$1.61
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$13.61
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Phemex: live order book, 5 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 | 1.89 bp | doesn't fit | 2.7 bp −$27 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 5 min ago | 1.14 bp | 30.6 bp −$31 | doesn't fit | 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 −0.0166% / S +0.0256% | 1h | 741.95 | +0.008% | $25K | — | 26x | as long as short |
| Gate QQQ_USDT | −0.0058% | 8h | 741.35 | −0.072% | $3.4M | $21.6M | 50x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0023% | 1h | 740.51 | −0.185% | $4.2M | $1.8M | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 741.95 | +0.009% | $823K | $858K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 741.86 | −0.003% | $10.5M | $5.2M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 741.67 | −0.029% | $21.4M | $28.3M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 741.56 | −0.044% | $5.5M | $6.3M | 25x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 742.04 | +0.021% | $16.6M | $5.5M | 20x | as long as short |
| Variational Omni QQQlong | 0.0000% | 8h | 741.89 | long leg | $16.9M | $7.3M | — | |
| SunX QQQ-USDT | 0.0000% | 8h | 742.70 | +0.110% | $2K | $1.8M | 10x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit QQQ_USDC-PERPETUAL | 0.0000% | 1h | 741.52 | −0.049% | $424K | $155K | 20x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 742.18 | +0.040% | $251K | $41K | 30x | as long as short |
| Phemex QQQUSDTshort | 0.0000% | 8h | 742.15 | +0.036% | $362K | $1.6M | 10x | |
| Binance QQQUSDT | +0.0003% | 8h | 741.99 | +0.014% | $70.0M | $143.8M | 25x | as long as short |
| BloFin QQQ-USDT | +0.0014% | 8h | 741.63 | −0.034% | $1.1M | $271K | 20x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0016% | 1h | 741.35 | −0.072% | $1.2M | $489K | 20x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 741.81 | −0.010% | $7.7M | $15.6M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 742.12 | +0.032% | $37.1M | $81.4M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 741.08 | −0.109% | $686K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 742.87 | +0.133% | — | $337K | 50x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 741.50 | −0.052% | $3.4M | $356K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 741.40 | −0.065% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 741.64 | −0.033% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 741.12 | −0.103% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0118% | 1h | 741.51 | −0.050% | $1.6M | $764K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0119% | 8h | 742.00 | +0.016% | $314K | $2.0M | 10x | as long as short |
| Phoenix QQQ | +0.0205% | 1h | 741.67 | −0.029% | $38K | $66K | 20x | as long as short |
| edgeX QQQUSDC | +0.0298% | 4h | 741.83 | −0.007% | $758K | $336K | 20x | as long as short |
Variational Omni QQQ
Phemex QQQUSDT
GMX QQQ/USD [ETH-USDC]
Gate QQQ_USDT
Aster QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Bitget QQQUSDT
SunX QQQ-USDT
Deribit QQQ_USDC-PERPETUAL
HTX QQQ-USDT
Binance QQQUSDT
BloFin QQQ-USDT
Coinbase International QQQ-PERP-INTX
Lighter QQQ
Lighter RH QQQ
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
GRVT QQQ_USDT_Perp
Phoenix QQQ
edgeX QQQUSDC