Funding you earn now, next payment 01:00 UTC+0.0124%/8h= +13.6% APRpaid last 24h −0.022%
Price spread now: edgeX against Vest−0.090%63s7-day average −0.153% · 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)−0.367%−$37 on $10k
+Price spread, last 3 days (all we have)+0.079%+$8 · spread now −0.090%, 7d avg −0.153%
=Together, before fees−0.287%+ Points / potential airdropVest: Active · edgeX: Active · farm board−$29 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 edgeX is 0.063% dearer against Vest than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.153%. Mind the row above: over the last 3 days funding on this pair cost −0.367%, so the current rate has only just turned in your favour. The two prices were read 63 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 | 745.26 | 0.0046 | pay 0.0006% / 1h | 2m 31s | — | $306K | 50x |
| Short | edgeX QQQUSDC | 744.59 | 0.0170 | get 0.0085% / 4h | 3h 02m | $761K | $336K | 20x |
Vest QQQ-USD-PERP
edgeX QQQUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $26.07
- Price spread: −0.090% → −0.153%
- $6.32
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $21.4
- Costs to cover
- 0.110%
- Break-even
- 1.3 days
Slippage unknown: Vest: no order-book sample; edgeX: 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 edgeX live order book, 6 min ago | 4.16 bp | 8.7 bp −$9 | 9.8 bp −$98 | 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 | −0.0309% | 1h | 743.25 | −0.270% | $4.2M | $2.0M | 20x | as long as short |
| GMX QQQ/USD [ETH-USDC] | L −0.0091% / S +0.0198% | 1h | 744.60 | −0.089% | $25K | — | 26x | as long as short |
| BloFin QQQ-USDT | −0.0007% | 8h | 744.38 | −0.118% | $1.1M | $320K | 20x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 744.47 | −0.106% | $21.5M | $25.4M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 744.31 | −0.127% | $3.2M | $29.0M | 50x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 745.12 | −0.019% | $2K | $2.1M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 744.97 | −0.039% | $257K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 744.80 | −0.062% | $362K | $1.4M | 10x | as long as short |
| Aster QQQUSDT | +0.0021% | 8h | 744.61 | −0.087% | $841K | $713K | 20x | as long as short |
| Bybit QQQUSDT | +0.0024% | 8h | 744.84 | −0.056% | $10.7M | $5.0M | 50x | as long as short |
Ondo Perps QQQ-USD.P
GMX QQQ/USD [ETH-USDC]
BloFin QQQ-USDT
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDT
Aster QQQUSDT
Bybit QQQUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter QQQ | +0.0032% | 1h | 744.38 | −0.118% | $7.7M | $18.5M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 744.79 | −0.063% | $37.4M | $81.3M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 743.77 | −0.200% | $748K | $1.5M | 25x | as long as short |
| Vest QQQ-USD-PERPlong | +0.0046% | 1h | 745.26 | long leg | — | $306K | 50x | |
| Coinbase International QQQ-PERP-INTX | +0.0064% | 1h | 744.09 | −0.157% | $1.2M | $545K | 20x | as long as short |
| Variational Omni QQQ | +0.0066% | 8h | 744.61 | −0.088% | $17.1M | $8.0M | — | as long as short |
| Binance QQQUSDT | +0.0097% | 8h | 744.70 | −0.076% | $71.3M | $149.3M | 25x | as long as short |
| Nado QQQ-PERP | +0.0100% | 1h | 744.22 | −0.140% | $1.5M | $1.1M | 20x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 744.28 | −0.131% | $3.4M | $411K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 744.18 | −0.145% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 744.34 | −0.123% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 743.83 | −0.191% | $93K | $1K | 10x | as long as short |
| Bitget QQQUSDT | +0.0147% | 8h | 744.71 | −0.074% | $16.9M | $6.1M | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0153% | 1h | 744.42 | −0.113% | $425K | $147K | 20x | as long as short |
| edgeX QQQUSDCshort | +0.0170% | 4h | 744.59 | −0.090% | $761K | $336K | 20x | |
| RISEx QQQ/USDC | +0.0208% | 1h | 744.70 | −0.075% | $5.4M | $8.3M | 25x | as long as short |
| Phoenix QQQ | +0.0258% | 1h | 744.36 | −0.121% | $38K | $66K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0361% | 8h | 744.85 | −0.055% | $318K | $1.8M | 10x | as long as short |
Lighter QQQ
Lighter RH QQQ
Arcus QQQ-USD
Coinbase International QQQ-PERP-INTX
Variational Omni QQQ
Binance QQQUSDT
Nado QQQ-PERP
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Bitget QQQUSDT
Deribit QQQ_USDC-PERPETUAL
RISEx QQQ/USDC
Phoenix QQQ
GRVT QQQ_USDT_Perp