Funding you earn now, next payment 08:00 UTC−0.0005%/8h= −0.6% APRnext payment −$0.01 per $10,000 · paid last 24h −0.003%
Price spread now: Arcus against Vest−0.221%7-day average −0.275% · 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)−0.023%−$2 on $10k
+Price spread, last 4 days (all we have)+0.098%+$10 · spread now −0.221%, 7d avg −0.275%
=Together, before fees+0.075%+ Points / potential airdropVest: Active · farm board+$7 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Arcus is 0.054% dearer against Vest than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.275%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest QQQ-USD-PERP | 742.60 | 0.0046 | pay 0.0006% / 1h | 52m 09s | — | $337K | 50x |
| Short | Arcus QQQ-USD | 740.96 | 0.0040 | get 0.0005% / 1h | 52m 09s | $686K | $1.6M | 25x |
Vest QQQ-USD-PERP
Arcus QQQ-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus 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
- −$1.13
- Price spread: −0.221% → −0.275%
- $5.4
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$2.23
- Costs to cover
- 0.065%
- Break-even
- never at this rate
Slippage unknown: Vest: no order-book sample; Arcus: 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 Vest no order-book sample | — | — | — | — | — |
| Sell Arcus live order book, 2 min ago | 0.27 bp | 7.6 bp −$8 | 12.3 bp −$123 | 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 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX QQQ/USD [ETH-USDC] | L −0.0168% / S +0.0258% | 1h | 741.67 | −0.125% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0129% | 1h | 740.39 | −0.298% | $4.2M | $1.8M | 20x | as long as short |
| Gate QQQ_USDT | −0.0067% | 8h | 741.25 | −0.182% | $3.3M | $21.6M | 50x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 741.60 | −0.135% | $823K | $858K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 741.63 | −0.131% | $10.5M | $5.1M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 741.46 | −0.154% | $21.4M | $28.2M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 741.40 | −0.162% | $5.4M | $6.3M | 25x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 742.02 | −0.078% | $16.5M | $5.4M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 741.69 | −0.123% | $16.9M | $7.3M | — | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 742.39 | −0.028% | $2K | $1.8M | 10x | as long as short |
GMX QQQ/USD [ETH-USDC]
Ondo Perps QQQ-USD.P
Gate QQQ_USDT
Aster QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Bitget QQQUSDT
Variational Omni QQQ
SunX QQQ-USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX QQQ-USDT | 0.0000% | 8h | 741.94 | −0.089% | $250K | $41K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 742.38 | −0.030% | $362K | $1.6M | 10x | as long as short |
| Binance QQQUSDT | +0.0004% | 8h | 741.68 | −0.124% | $70.0M | $143.1M | 25x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0016% | 1h | 741.12 | −0.199% | $1.2M | $486K | 20x | as long as short |
| BloFin QQQ-USDT | +0.0019% | 8h | 741.48 | −0.151% | $1.1M | $270K | 20x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 741.45 | −0.155% | $7.7M | $15.2M | 30x | as long as short |
| Lighter RH QQQ | +0.0040% | 1h | 741.81 | −0.106% | $37.2M | $79.7M | 50x | as long as short |
| Arcus QQQ-USDshort | +0.0040% | 1h | 740.96 | −0.221% | $686K | $1.6M | 25x | |
| Vest QQQ-USD-PERPlong | +0.0046% | 1h | 742.60 | long leg | — | $337K | 50x | |
| KuCoin QQQUSDTM | +0.0100% | 8h | 741.27 | −0.179% | $3.4M | $355K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 741.27 | −0.179% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 741.33 | −0.171% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 740.86 | −0.234% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0109% | 1h | 741.21 | −0.187% | $1.6M | $760K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0121% | 8h | 741.93 | −0.091% | $325K | $2.0M | 10x | as long as short |
| Phoenix QQQ | +0.0227% | 1h | 741.27 | −0.179% | $38K | $65K | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0263% | 1h | 741.45 | −0.155% | $424K | $155K | 20x | as long as short |
| edgeX QQQUSDC | +0.0362% | 4h | 741.67 | −0.126% | $758K | $334K | 20x | as long as short |
HTX QQQ-USDT
Phemex QQQUSDT
Binance QQQUSDT
Coinbase International QQQ-PERP-INTX
BloFin QQQ-USDT
Lighter QQQ
Lighter RH QQQ
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Nado QQQ-PERP
GRVT QQQ_USDT_Perp
Phoenix QQQ
Deribit QQQ_USDC-PERPETUAL
edgeX QQQUSDC