Funding you earn now, next payment 10:00 UTC+0.0021%/8h= +2.3% APRpaid last 24h +0.004%
Price spread now: Vest against Variational Omni+0.144%7-day average +0.152% · 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)+0.020%+$2 on $10k
+Price spread, last 4 days (all we have)−0.129%−$13 · spread now +0.144%, 7d avg +0.152%
=Together, before fees−0.109%+ Points / potential airdropVariational Omni: Active · Vest: Active · farm board−$11 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.152%, so right now this pair is about funding alone: +$1 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 | 741.58 | 0.0025 | pay 0.0025% / 8h | 6h 17m | $16.8M | $7.2M | — |
| Short | Vest QQQ-USD-PERP | 742.65 | 0.0046 | get 0.0006% / 1h | 17m 34s | — | $337K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Vest 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
- $4.32
- Price spread: +0.144% → +0.152%
- −$0.78
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- $1.54
- Costs to cover
- 0.020%
- Break-even
- 4.5 days
Slippage unknown: Variational Omni: RFQ quote, 5 min ago; Vest: 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, 5 min ago | 1.90 bp | doesn't fit | 3.0 bp −$30 | doesn't fit | doesn't fit |
| Sell Vest no order-book sample | — | — | — | — | — |
Vest: 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 exchanges
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 −0.0200% / S +0.0283% | 1h | 741.76 | +0.025% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0106% | 1h | 740.41 | −0.158% | $4.2M | $1.8M | 20x | as long as short |
| BloFin QQQ-USDT | −0.0003% | 8h | 741.49 | −0.013% | $1.1M | $227K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 741.84 | +0.034% | $857K | $902K | 20x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 741.59 | +0.001% | $21.7M | $29.7M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 741.64 | +0.007% | $5.4M | $5.8M | 25x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 741.41 | −0.023% | $3.5M | $20.3M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 741.94 | +0.048% | $16.7M | $5.4M | 20x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 742.24 | +0.089% | $2K | $1.5M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 741.83 | +0.033% | $251K | $38K | 30x | as long as short |
Show all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex QQQUSDT | 0.0000% | 8h | 742.17 | +0.079% | $361K | $1.6M | 10x | as long as short |
| Variational Omni QQQlong | +0.0025% | 8h | 741.58 | long leg | $16.8M | $7.2M | — | |
| Lighter QQQ | +0.0032% | 1h | 741.53 | −0.007% | $7.5M | $15.0M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 741.97 | +0.052% | $38.4M | $78.1M | 50x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0032% | 1h | 741.23 | −0.048% | $1.2M | $526K | 20x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 740.82 | −0.103% | $648K | $1.4M | 25x | as long as short |
| Vest QQQ-USD-PERPshort | +0.0046% | 1h | 742.65 | +0.144% | — | $337K | 50x | |
| Bybit QQQUSDT | +0.0046% | 8h | 741.86 | +0.037% | $10.6M | $4.9M | 50x | as long as short |
| Binance QQQUSDT | +0.0054% | 8h | 741.80 | +0.029% | $71.0M | $141.2M | 25x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0074% | 1h | 741.52 | −0.008% | $424K | $125K | 20x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 741.43 | −0.021% | $3.4M | $445K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 741.16 | −0.057% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 741.53 | −0.007% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 740.97 | −0.083% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0117% | 1h | 741.40 | −0.024% | $1.6M | $795K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0193% | 8h | 741.90 | +0.043% | $321K | $2.0M | 10x | as long as short |
| edgeX QQQUSDC | +0.0276% | 4h | 741.57 | −0.002% | $758K | $336K | 20x | as long as short |
| Phoenix QQQ | +0.0280% | 1h | 741.22 | −0.049% | $38K | $59K | 20x | as long as short |
Variational Omni QQQ
GMX QQQ/USD [ETH-USDC]
BloFin QQQ-USDT
Aster QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Gate QQQ_USDT
Bitget QQQUSDT
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDT
Lighter QQQ
Lighter RH QQQ
Coinbase International QQQ-PERP-INTX
Bybit QQQUSDT
Binance QQQUSDT
Deribit QQQ_USDC-PERPETUAL
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
GRVT QQQ_USDT_Perp
edgeX QQQUSDC
Phoenix QQQ