Funding you earn now, next payment 11:00 UTC+0.0054%/8h= +5.9% APRnext payment +$0.07 per $10,000 · paid last 24h +0.016%
Price spread now: ApeX Omni against Vest−0.130%62s7-day average −0.165% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.059%+$6 on $10k
+Price spread, last 4 days (all we have)+0.073%+$7 · spread now −0.130%, 7d avg −0.165%
=Together, before fees+0.132%+ Points / potential airdropVest: Active · farm board+$13 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and ApeX Omni is 0.035% dearer against Vest than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.165%. The two prices were read 62 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 | Vest QQQ-USD-PERP | 744.00 | 0.0046 | pay 0.0006% / 1h | 46m 04s | — | $337K | 50x |
| Short | ApeX Omni QQQUSDT | 743.03 | 0.0100 | get 0.0013% / 1h | 46m 04s | $20K | $2.2M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Vest. 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
- $11.41
- Price spread: −0.130% → −0.165%
- $3.45
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- $2.86
- Costs to cover
- 0.120%
- Break-even
- 5.2 days
Slippage unknown: Vest: no order-book sample; ApeX Omni: live order book, 6 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 Vest no order-book sample | — | — | — | — | — |
| Sell ApeX Omni live order book, 6 min ago | 3.70 bp | 9.7 bp −$10 | 22.9 bp −$229 | doesn't fit | doesn't fit |
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 −0.0203% / S +0.0285% | 1h | 743.15 | −0.114% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0114% | 1h | 742.19 | −0.243% | $4.2M | $1.8M | 20x | as long as short |
| BloFin QQQ-USDT | −0.0022% | 8h | 743.08 | −0.124% | $1.1M | $237K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 743.17 | −0.112% | $857K | $903K | 20x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 742.75 | −0.168% | $21.7M | $30.3M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 743.00 | −0.134% | $5.5M | $5.7M | 25x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 742.60 | −0.188% | $3.5M | $19.8M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 743.20 | −0.108% | $17.0M | $5.9M | 20x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 743.67 | −0.044% | $2K | $1.6M | 10x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | 0.0000% | 1h | 742.63 | −0.184% | $398K | $123K | 20x | as long as short |
Show all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX QQQ-USDT | 0.0000% | 8h | 743.33 | −0.090% | $247K | $45K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 743.42 | −0.078% | $363K | $1.6M | 10x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 742.37 | −0.219% | $7.3M | $15.5M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 743.06 | −0.126% | $38.6M | $76.8M | 50x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0032% | 1h | 742.87 | −0.152% | $1.2M | $541K | 20x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 742.06 | −0.261% | $659K | $1.4M | 25x | as long as short |
| Vest QQQ-USD-PERPlong | +0.0046% | 1h | 744.00 | long leg | — | $337K | 50x | |
| Variational Omni QQQ | +0.0048% | 8h | 743.46 | −0.073% | $16.8M | $6.9M | — | as long as short |
| Bybit QQQUSDT | +0.0068% | 8h | 743.10 | −0.121% | $10.5M | $4.8M | 50x | as long as short |
| Binance QQQUSDT | +0.0076% | 8h | 743.10 | −0.121% | $71.6M | $146.0M | 25x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 742.76 | −0.167% | $3.4M | $467K | 20x | as long as short |
| ApeX Omni QQQUSDTshort | +0.0100% | 1h | 743.03 | −0.130% | $20K | $2.2M | 50x | |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 742.86 | −0.153% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 742.35 | −0.222% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0131% | 1h | 742.72 | −0.172% | $1.6M | $770K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0250% | 8h | 743.76 | −0.033% | $321K | $2.1M | 10x | as long as short |
| Phoenix QQQ | +0.0302% | 1h | 743.26 | −0.099% | $38K | $59K | 20x | as long as short |
| edgeX QQQUSDC | +0.0589% | 4h | 743.40 | −0.081% | $760K | $335K | 20x | as long as short |
ApeX Omni QQQUSDT
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
Deribit QQQ_USDC-PERPETUAL
HTX QQQ-USDT
Phemex QQQUSDT
Lighter QQQ
Lighter RH QQQ
Coinbase International QQQ-PERP-INTX
Variational Omni QQQ
Bybit QQQUSDT
Binance QQQUSDT
KuCoin QQQUSDTM
GRVT QQQ_USDT_Perp
Phoenix QQQ
edgeX QQQUSDC