Settings8H · net · $10k
Funding arb · Price arb /

QQQ

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0040%/8h= −4.3% APRnext payment $0.40 per $10,000 · paid last 24h −0.016%
Price spread now: SunX against Variational Omni+0.060%45s7-day average +0.065% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.025%−$2 on $10k
Price spread, last 3 days (all we have)+0.012%+$1 · spread now +0.060%, 7d avg +0.065%
Together, before fees−0.013%+ Points / potential airdropVariational Omni: Active · farm board−$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.065%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni QQQ743.830.0040pay 0.0040% / 8h7h 54m$17.1M$10.8M
ShortSunX QQQ-USDT744.280get 0.0000% / 8h7h 54m$2K$2.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$8.3
Price spread: +0.060% → +0.065%
−$0.54
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee SunX: 4 bp × 2 orders
−$8
Net
−$16.84
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 5 min ago; SunX: live order book, 2 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 5 min ago1.90 bpdoesn't fit2.7 bp −$2712.5 bp −$1,253doesn't fit
Sell SunX live order book, 2 min ago21.63 bp38.1 bp −$38doesn't fitdoesn't fitdoesn't fit

QQQ on 28 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps QQQ-USD.P−0.0350%1h742.30−0.206%$4.2M$2.0M20xas long as short
GMX QQQ/USD [ETH-USDC]L −0.0080% / S +0.0190%1h743.86+0.003%$25K26xas long as short
Gate QQQ_USDT−0.0028%8h743.32−0.069%$3.1M$26.0M50xas long as short
BloFin QQQ-USDT−0.0018%8h743.81−0.003%$1.0M$318K20xas long as short
Aster QQQUSDT0.0000%8h743.51−0.043%$841K$757K20xas long as short
OKX QQQ-USDT-SWAP0.0000%8h743.76−0.010%$21.5M$25.4M50xas long as short
SunX QQQ-USDTshort0.0000%8h744.28+0.060%$2K$2.3M10x
HTX QQQ-USDT0.0000%8h743.14−0.093%$257K$28K30xas long as short
Phemex QQQUSDT0.0000%8h743.92+0.011%$362K$1.4M10xas long as short
Lighter QQQ+0.0032%1h743.72−0.015%$7.6M$18.1M30xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH QQQ+0.0032%1h744.09+0.034%$37.4M$78.5M50xas long as short
Variational Omni QQQlong+0.0040%8h743.83long leg$17.1M$10.8M
Arcus QQQ-USD+0.0040%1h742.99−0.114%$747K$1.5M25xas long as short
Bybit QQQUSDT+0.0041%8h744.05+0.029%$10.7M$4.8M50xas long as short
Vest QQQ-USD-PERP+0.0046%1h744.49+0.088%$388K50xas long as short
Coinbase International QQQ-PERP-INTX+0.0064%1h743.51−0.044%$1.2M$630K20xas long as short
Binance QQQUSDT+0.0068%8h743.94+0.014%$70.9M$156.5M25xas long as short
KuCoin QQQUSDTM+0.0100%8h743.54−0.040%$3.4M$413K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h743.44−0.053%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h743.57−0.036%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h743.24−0.080%$92K$1K10xas long as short
Nado QQQ-PERP+0.0107%1h743.45−0.052%$1.5M$1.2M20xas long as short
GRVT QQQ_USDT_Perp+0.0116%8h743.95+0.015%$316K$1.8M10xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0167%1h743.69−0.019%$425K$147K20xas long as short
Bitget QQQUSDT+0.0170%8h743.95+0.016%$16.9M$6.6M20xas long as short
Phoenix QQQ+0.0194%1h743.43−0.054%$38K$66K20xas long as short
RISEx QQQ/USDC+0.0208%1h743.89+0.008%$5.6M$9.0M25xas long as short
edgeX QQQUSDC+0.0662%4h743.73−0.014%$760K$335K20xas long as short