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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni QQQ741.580.0025pay 0.0025% / 8h6h 17m$16.8M$7.2M
ShortVest QQQ-USD-PERP742.650.0046get 0.0006% / 1h17m 34s$337K50x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 5 min ago1.90 bpdoesn't fit3.0 bp −$30doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX QQQ/USD [ETH-USDC]L −0.0200% / S +0.0283%1h741.76+0.025%$25K26xas long as short
Ondo Perps QQQ-USD.P−0.0106%1h740.41−0.158%$4.2M$1.8M20xas long as short
BloFin QQQ-USDT−0.0003%8h741.49−0.013%$1.1M$227K20xas long as short
Aster QQQUSDT0.0000%8h741.84+0.034%$857K$902K20xas long as short
OKX QQQ-USDT-SWAP0.0000%8h741.59+0.001%$21.7M$29.7M50xas long as short
RISEx QQQ/USDC0.0000%1h741.64+0.007%$5.4M$5.8M25xas long as short
Gate QQQ_USDT0.0000%8h741.41−0.023%$3.5M$20.3M50xas long as short
Bitget QQQUSDT0.0000%8h741.94+0.048%$16.7M$5.4M20xas long as short
SunX QQQ-USDT0.0000%8h742.24+0.089%$2K$1.5M10xas long as short
HTX QQQ-USDT0.0000%8h741.83+0.033%$251K$38K30xas long as short
Show all 28 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex QQQUSDT0.0000%8h742.17+0.079%$361K$1.6M10xas long as short
Variational Omni QQQlong+0.0025%8h741.58long leg$16.8M$7.2M
Lighter QQQ+0.0032%1h741.53−0.007%$7.5M$15.0M30xas long as short
Lighter RH QQQ+0.0032%1h741.97+0.052%$38.4M$78.1M50xas long as short
Coinbase International QQQ-PERP-INTX+0.0032%1h741.23−0.048%$1.2M$526K20xas long as short
Arcus QQQ-USD+0.0040%1h740.82−0.103%$648K$1.4M25xas long as short
Vest QQQ-USD-PERPshort+0.0046%1h742.65+0.144%$337K50x
Bybit QQQUSDT+0.0046%8h741.86+0.037%$10.6M$4.9M50xas long as short
Binance QQQUSDT+0.0054%8h741.80+0.029%$71.0M$141.2M25xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0074%1h741.52−0.008%$424K$125K20xas long as short
KuCoin QQQUSDTM+0.0100%8h741.43−0.021%$3.4M$445K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h741.16−0.057%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h741.53−0.007%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h740.97−0.083%$92K$1K10xas long as short
Nado QQQ-PERP+0.0117%1h741.40−0.024%$1.6M$795K20xas long as short
GRVT QQQ_USDT_Perp+0.0193%8h741.90+0.043%$321K$2.0M10xas long as short
edgeX QQQUSDC+0.0276%4h741.57−0.002%$758K$336K20xas long as short
Phoenix QQQ+0.0280%1h741.22−0.049%$38K$59K20xas long as short