Funding you earn now, next payment 08:00 UTC+0.0136%/8h= +14.9% APRnext payment +$0.17 per $10,000 · paid last 24h +0.003%
Price spread now: Deribit against Vest−0.160%7-day average −0.191% · 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)+0.065%+$7 on $10k
+Price spread, last 4 days (all we have)+0.116%+$12 · spread now −0.160%, 7d avg −0.191%
=Together, before fees+0.181%+ Points / potential airdropVest: Active · farm board+$18 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Deribit is 0.031% dearer against Vest than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.191%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest QQQ-USD-PERP | 742.80 | 0.0046 | pay 0.0006% / 1h | 36m 10s | — | $337K | 50x |
| Short | Deribit QQQ_USDC-PERPETUAL | 741.61 | 0.0182 | get 0.0023% / 1h | 36m 10s | $424K | $156K | 20x |
Vest QQQ-USD-PERP
Deribit QQQ_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $28.56
- Price spread: −0.160% → −0.191%
- $3.11
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $22.67
- Costs to cover
- 0.090%
- Break-even
- 1.4 days
Slippage unknown: Vest: no order-book sample; Deribit: live order book, 3 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 Deribit live order book, 3 min ago | 0.07 bp | 6.2 bp −$6 | 7.6 bp −$76 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps QQQ-USD.P | −0.0178% | 1h | 740.56 | −0.302% | $4.2M | $1.8M | 20x | as long as short |
| GMX QQQ/USD [ETH-USDC] | L −0.0171% / S +0.0261% | 1h | 741.96 | −0.114% | $25K | — | 26x | as long as short |
| Gate QQQ_USDT | −0.0074% | 8h | 741.41 | −0.187% | $3.3M | $21.6M | 50x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 741.86 | −0.127% | $821K | $861K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 741.99 | −0.109% | $10.7M | $5.1M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 741.67 | −0.152% | $21.4M | $28.4M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 741.68 | −0.151% | $5.4M | $6.3M | 25x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 741.99 | −0.109% | $16.5M | $5.4M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 742.02 | −0.105% | $16.8M | $7.2M | — | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 742.63 | −0.023% | $2K | $1.8M | 10x | as long as short |
Ondo Perps QQQ-USD.P
GMX QQQ/USD [ETH-USDC]
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 | 742.02 | −0.105% | $251K | $41K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 742.04 | −0.102% | $359K | $1.6M | 10x | as long as short |
| Binance QQQUSDT | +0.0010% | 8h | 741.88 | −0.124% | $70.1M | $142.2M | 25x | as long as short |
| edgeX QQQUSDC | +0.0011% | 4h | 741.80 | −0.135% | $758K | $335K | 20x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0016% | 1h | 741.51 | −0.174% | $1.2M | $491K | 20x | as long as short |
| BloFin QQQ-USDT | +0.0018% | 8h | 741.67 | −0.152% | $1.1M | $274K | 20x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 741.58 | −0.164% | $7.7M | $15.3M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 742.00 | −0.108% | $37.3M | $80.1M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 741.28 | −0.205% | $644K | $1.7M | 25x | as long as short |
| Vest QQQ-USD-PERPlong | +0.0046% | 1h | 742.80 | long leg | — | $337K | 50x | |
| KuCoin QQQUSDTM | +0.0100% | 8h | 741.48 | −0.178% | $3.4M | $360K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 741.61 | −0.160% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 741.57 | −0.166% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 741.13 | −0.225% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0117% | 1h | 741.41 | −0.187% | $1.6M | $761K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0127% | 8h | 741.96 | −0.114% | $325K | $2.0M | 10x | as long as short |
| Deribit QQQ_USDC-PERPETUALshort | +0.0182% | 1h | 741.61 | −0.160% | $424K | $156K | 20x | |
| Phoenix QQQ | +0.0227% | 1h | 741.67 | −0.152% | $38K | $65K | 20x | as long as short |
HTX QQQ-USDT
Phemex QQQUSDT
Binance QQQUSDT
edgeX QQQUSDC
Coinbase International QQQ-PERP-INTX
BloFin QQQ-USDT
Lighter QQQ
Lighter RH QQQ
Arcus QQQ-USD
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Nado QQQ-PERP
GRVT QQQ_USDT_Perp
Phoenix QQQ