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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni QQQ | 743.83 | 0.0040 | pay 0.0040% / 8h | 7h 54m | $17.1M | $10.8M | — |
| Short | SunX QQQ-USDT | 744.28 | 0 | get 0.0000% / 8h | 7h 54m | $2K | $2.3M | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Variational Omni RFQ quote, 5 min ago | 1.90 bp | doesn't fit | 2.7 bp −$27 | 12.5 bp −$1,253 | doesn't fit |
| Sell SunX live order book, 2 min ago | 21.63 bp | 38.1 bp −$38 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps QQQ-USD.P | −0.0350% | 1h | 742.30 | −0.206% | $4.2M | $2.0M | 20x | as long as short |
| GMX QQQ/USD [ETH-USDC] | L −0.0080% / S +0.0190% | 1h | 743.86 | +0.003% | $25K | — | 26x | as long as short |
| Gate QQQ_USDT | −0.0028% | 8h | 743.32 | −0.069% | $3.1M | $26.0M | 50x | as long as short |
| BloFin QQQ-USDT | −0.0018% | 8h | 743.81 | −0.003% | $1.0M | $318K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 743.51 | −0.043% | $841K | $757K | 20x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 743.76 | −0.010% | $21.5M | $25.4M | 50x | as long as short |
| SunX QQQ-USDTshort | 0.0000% | 8h | 744.28 | +0.060% | $2K | $2.3M | 10x | |
| HTX QQQ-USDT | 0.0000% | 8h | 743.14 | −0.093% | $257K | $28K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 743.92 | +0.011% | $362K | $1.4M | 10x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 743.72 | −0.015% | $7.6M | $18.1M | 30x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH QQQ | +0.0032% | 1h | 744.09 | +0.034% | $37.4M | $78.5M | 50x | as long as short |
| Variational Omni QQQlong | +0.0040% | 8h | 743.83 | long leg | $17.1M | $10.8M | — | |
| Arcus QQQ-USD | +0.0040% | 1h | 742.99 | −0.114% | $747K | $1.5M | 25x | as long as short |
| Bybit QQQUSDT | +0.0041% | 8h | 744.05 | +0.029% | $10.7M | $4.8M | 50x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 744.49 | +0.088% | — | $388K | 50x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0064% | 1h | 743.51 | −0.044% | $1.2M | $630K | 20x | as long as short |
| Binance QQQUSDT | +0.0068% | 8h | 743.94 | +0.014% | $70.9M | $156.5M | 25x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 743.54 | −0.040% | $3.4M | $413K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 743.44 | −0.053% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 743.57 | −0.036% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 743.24 | −0.080% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0107% | 1h | 743.45 | −0.052% | $1.5M | $1.2M | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0116% | 8h | 743.95 | +0.015% | $316K | $1.8M | 10x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0167% | 1h | 743.69 | −0.019% | $425K | $147K | 20x | as long as short |
| Bitget QQQUSDT | +0.0170% | 8h | 743.95 | +0.016% | $16.9M | $6.6M | 20x | as long as short |
| Phoenix QQQ | +0.0194% | 1h | 743.43 | −0.054% | $38K | $66K | 20x | as long as short |
| RISEx QQQ/USDC | +0.0208% | 1h | 743.89 | +0.008% | $5.6M | $9.0M | 25x | as long as short |
| edgeX QQQUSDC | +0.0662% | 4h | 743.73 | −0.014% | $760K | $335K | 20x | as long as short |
Variational Omni QQQ
SunX QQQ-USDT
GMX QQQ/USD [ETH-USDC]
Gate QQQ_USDT
BloFin QQQ-USDT
Aster QQQUSDT
OKX QQQ-USDT-SWAP
HTX QQQ-USDT
Phemex QQQUSDT
Lighter QQQ
Lighter RH QQQ
Bybit QQQUSDT
Coinbase International QQQ-PERP-INTX
Binance QQQUSDT
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
GRVT QQQ_USDT_Perp
Deribit QQQ_USDC-PERPETUAL
Bitget QQQUSDT
Phoenix QQQ
RISEx QQQ/USDC
edgeX QQQUSDC