Funding you earn now, next payment 05:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h +0.006%
Price spread now: Variational Omni against Vest−0.155%7-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)−0.017%−$2 on $10k
+Price spread, last 4 days (all we have)+0.138%+$14 · spread now −0.155%, 7d avg −0.153%
=Together, before fees+0.121%+ Points / potential airdropVest: Active · Variational Omni: Active · farm board+$12 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.153%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest QQQ-USD-PERP | 744.59 | 0.0046 | pay 0.0006% / 1h | 48m 20s | — | $337K | 50x |
| Short | Variational Omni QQQ | 743.43 | 0 | get 0.0000% / 8h | 3h 48m | $17.1M | $7.4M | — |
Vest QQQ-USD-PERP
Variational Omni QQQFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational 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
- −$9.59
- Price spread: −0.155% → −0.153%
- −$0.24
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$11.83
- Costs to cover
- 0.020%
- Break-even
- never at this rate
Slippage unknown: Vest: no order-book sample; Variational Omni: RFQ quote, 1 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 Variational Omni RFQ quote, 1 min ago | 1.90 bp | doesn't fit | 2.9 bp −$29 | 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 −0.0132% / S +0.0230% | 1h | 743.72 | −0.118% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0022% | 1h | 742.29 | −0.309% | $4.2M | $1.8M | 20x | as long as short |
| BloFin QQQ-USDT | −0.0017% | 8h | 743.12 | −0.197% | $1.1M | $255K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 743.60 | −0.132% | $840K | $714K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 743.43 | −0.156% | $10.7M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 743.55 | −0.140% | $21.5M | $26.9M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 743.17 | −0.191% | $3.3M | $20.7M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 743.77 | −0.110% | $16.9M | $5.5M | 20x | as long as short |
| Variational Omni QQQshort | 0.0000% | 8h | 743.43 | −0.155% | $17.1M | $7.4M | — | |
| SunX QQQ-USDT | 0.0000% | 8h | 744.18 | −0.055% | $2K | $1.9M | 10x | as long as short |
GMX QQQ/USD [ETH-USDC]
Ondo Perps QQQ-USD.P
BloFin QQQ-USDT
Aster QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
Bitget QQQUSDT
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 | 742.64 | −0.262% | $1.2M | $536K | 20x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 743.53 | −0.142% | $257K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 743.54 | −0.141% | $360K | $1.6M | 10x | as long as short |
| RISEx QQQ/USDC | +0.0010% | 1h | 743.71 | −0.118% | $5.4M | $7.3M | 25x | as long as short |
| Binance QQQUSDT | +0.0012% | 8h | 743.67 | −0.123% | $70.9M | $141.3M | 25x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 743.36 | −0.165% | $7.7M | $15.8M | 30x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0033% | 1h | 743.50 | −0.146% | $425K | $150K | 20x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 742.80 | −0.240% | $699K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERPlong | +0.0046% | 1h | 744.59 | long leg | — | $337K | 50x | |
| Lighter RH QQQ | +0.0048% | 1h | 743.70 | −0.120% | $37.0M | $78.0M | 50x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0080% | 8h | 743.92 | −0.089% | $326K | $1.9M | 10x | as long as short |
| Nado QQQ-PERP | +0.0099% | 1h | 742.76 | −0.245% | $1.5M | $782K | 20x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 743.32 | −0.171% | $3.4M | $342K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 743.42 | −0.157% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 743.49 | −0.148% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 742.93 | −0.222% | $92K | $1K | 10x | as long as short |
| Phoenix QQQ | +0.0118% | 1h | 743.09 | −0.201% | $38K | $66K | 20x | as long as short |
| edgeX QQQUSDC | +0.0470% | 4h | 743.62 | −0.130% | $760K | $335K | 20x | as long as short |
Coinbase International QQQ-PERP-INTX
HTX QQQ-USDT
Phemex QQQUSDT
RISEx QQQ/USDC
Binance QQQUSDT
Lighter QQQ
Deribit QQQ_USDC-PERPETUAL
Arcus QQQ-USD
Lighter RH QQQ
GRVT QQQ_USDT_Perp
Nado QQQ-PERP
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Phoenix QQQ
edgeX QQQUSDC