Funding you earn now, next payment 06:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h 0.000%
Price spread now: Bybit against Vest−0.147%7-day average −0.118% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.033%−$3 on $10k
+Price spread, last 4 days (all we have)+0.143%+$14 · spread now −0.147%, 7d avg −0.118%
=Together, before fees+0.110%+ Points / potential airdropVest: Active · farm board+$11 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bybit is 0.029% cheaper against Vest than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.118%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest QQQ-USD-PERP | 743.11 | 0.0046 | pay 0.0006% / 1h | 29m 00s | — | $337K | 50x |
| Short | Bybit QQQUSDT | 742.02 | 0 | get 0.0000% / 8h | 2h 29m | $10.6M | $5.1M | 50x |
Vest QQQ-USD-PERP
Bybit QQQUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$9.59
- Price spread: −0.147% → −0.118%
- −$2.92
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$25.51
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Vest: no order-book sample; Bybit: live order book, 4 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 Bybit live order book, 4 min ago | 0.07 bp | 6.8 bp −$7 | 8.1 bp −$81 | 56.7 bp −$5,668 | 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 −0.0148% / S +0.0242% | 1h | 742.20 | −0.123% | $25K | — | 26x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 742.00 | −0.149% | $823K | $857K | 20x | as long as short |
| Binance QQQUSDT | 0.0000% | 8h | 742.01 | −0.148% | $69.9M | $143.7M | 25x | as long as short |
| Bybit QQQUSDTshort | 0.0000% | 8h | 742.02 | −0.147% | $10.6M | $5.1M | 50x | |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 741.73 | −0.186% | $21.6M | $28.0M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 742.10 | −0.136% | $5.4M | $7.0M | 25x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 741.53 | −0.213% | $3.3M | $21.3M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 742.36 | −0.101% | $16.6M | $5.7M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 741.96 | −0.155% | $16.9M | $7.3M | — | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 742.75 | −0.048% | $2K | $1.9M | 10x | as long as short |
GMX QQQ/USD [ETH-USDC]
Aster QQQUSDT
Binance QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Gate QQQ_USDT
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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International QQQ-PERP-INTX | 0.0000% | 1h | 741.63 | −0.199% | $1.2M | $539K | 20x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 742.30 | −0.109% | $251K | $41K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 742.55 | −0.075% | $361K | $1.6M | 10x | as long as short |
| BloFin QQQ-USDT | +0.0009% | 8h | 741.84 | −0.171% | $1.1M | $267K | 20x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 741.97 | −0.153% | $7.7M | $15.6M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 742.38 | −0.098% | $36.8M | $79.7M | 50x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0033% | 1h | 741.85 | −0.170% | $424K | $152K | 20x | as long as short |
| Ondo Perps QQQ-USD.P | +0.0036% | 1h | 741.38 | −0.233% | $4.2M | $1.8M | 20x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 741.14 | −0.265% | $691K | $1.6M | 25x | as long as short |
| edgeX QQQUSDC | +0.0042% | 4h | 742.04 | −0.145% | $759K | $336K | 20x | as long as short |
| Vest QQQ-USD-PERPlong | +0.0046% | 1h | 743.11 | long leg | — | $337K | 50x | |
| GRVT QQQ_USDT_Perp | +0.0082% | 8h | 742.24 | −0.117% | $320K | $2.0M | 10x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 741.83 | −0.172% | $3.4M | $356K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 741.66 | −0.195% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 741.89 | −0.164% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 741.37 | −0.234% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0127% | 1h | 741.87 | −0.167% | $1.5M | $765K | 20x | as long as short |
| Phoenix QQQ | +0.0129% | 1h | 741.63 | −0.199% | $38K | $66K | 20x | as long as short |
Coinbase International QQQ-PERP-INTX
HTX QQQ-USDT
Phemex QQQUSDT
BloFin QQQ-USDT
Lighter QQQ
Lighter RH QQQ
Deribit QQQ_USDC-PERPETUAL
Ondo Perps QQQ-USD.P
Arcus QQQ-USD
edgeX QQQUSDC
GRVT QQQ_USDT_Perp
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Nado QQQ-PERP
Phoenix QQQ