QQQ

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0024%/8h= −2.6% APRpaid last 24h −0.115%

Price spread now: Binance against ApeX Omni+0.062%7-day average +0.056% · you sell dearer than you buy

Net, funding: paid 7d − costs−$55as in the Funding arb table

Net, price: spread back to 7d avg − costs−$29as in the Price arb table

costs, in and out, $10k−$300.297% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.249%−$25 on $10k

Price spread, last 2 days (all we have)−0.030%−$3 · spread now +0.062%, 7d avg +0.056%

Together, before fees−0.278%−$28 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.056%, 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	ApeX Omni QQQUSDT	743.07	0.0100	pay 0.0013% / 1h	13m 12s	$20K	$2.2M	50x
Short	Binance QQQUSDT	743.53	0.0076	get 0.0076% / 8h	13m 12s	$71.1M	$160.7M	25x

Funding history

latest

Range statsloading…

Binance against ApeX Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Position, each leg$Hold fordaysFee ApeX OmnibpFee BinancebpOrdersPrice spread, now +0.062%Rate

Slippage from ApeX Omni: live order book, 6 min ago; Binance: live order book, 15 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy ApeX Omni live order book, 6 min ago	3.77 bp	9.8 bp −$10	27.8 bp −$278	doesn't fit	doesn't fit
Sell Binance live order book, 15 min ago	0.07 bp	5.1 bp −$5	5.4 bp −$54	9.4 bp −$936	25.0 bp −$12.5K

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 −0.0077% / S +0.0187%	1h	743.50	+0.059%	$25K	—	26x	as long as short
Ondo Perps QQQ-USD.P	−0.0046%	1h	742.08	−0.133%	$4.2M	$2.1M	20x	as long as short
BloFin QQQ-USDT	−0.0002%	8h	743.09	+0.003%	$1.1M	$320K	20x	as long as short
Aster QQQUSDT	0.0000%	8h	743.51	+0.059%	$845K	$784K	20x	as long as short
OKX QQQ-USDT-SWAP	0.0000%	8h	743.31	+0.032%	$21.5M	$27.6M	50x	as long as short
Gate QQQ_USDT	0.0000%	8h	743.13	+0.008%	$3.1M	$32.8M	50x	as long as short
SunX QQQ-USDT	0.0000%	8h	744.02	+0.128%	$2K	$2.3M	10x	as long as short
HTX QQQ-USDT	0.0000%	8h	743.13	+0.008%	$257K	$25K	30x	as long as short
Phemex QQQUSDT	0.0000%	8h	743.97	+0.121%	$363K	$1.4M	10x	as long as short
Lighter RH QQQ	+0.0032%	1h	743.65	+0.078%	$37.4M	$80.8M	50x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus QQQ-USD	+0.0040%	1h	742.82	−0.034%	$747K	$1.5M	25x	as long as short
Vest QQQ-USD-PERP	+0.0046%	1h	743.96	+0.120%	—	$621K	50x	as long as short
Variational Omni QQQ	+0.0046%	8h	743.47	+0.053%	$17.6M	$10.3M	—	as long as short
Lighter QQQ	+0.0064%	1h	743.35	+0.038%	$7.6M	$20.9M	30x	as long as short
Coinbase International QQQ-PERP-INTX	+0.0072%	1h	743.11	+0.005%	$1.2M	$866K	20x	as long as short
Binance QQQUSDTshort	+0.0076%	8h	743.53	+0.062%	$71.1M	$160.7M	25x
KuCoin QQQUSDTM	+0.0100%	8h	743.03	−0.005%	$3.4M	$415K	20x	as long as short
ApeX Omni QQQUSDTlong	+0.0100%	1h	743.07	long leg	$20K	$2.2M	50x
Orderly PERP_QQQ_USDC_mythos	+0.0100%	8h	743.24	+0.023%	$12K	$21K	20x	as long as short
Bybit QQQUSDT	+0.0101%	8h	743.61	+0.073%	$10.7M	$5.2M	50x	as long as short
Aevo QQQ-PERP	+0.0104%	1h	742.83	−0.033%	$92K	$1K	10x	as long as short
Nado QQQ-PERP	+0.0173%	1h	743.03	−0.005%	$1.5M	$1.3M	20x	as long as short
Deribit QQQ_USDC-PERPETUAL	+0.0181%	1h	743.26	+0.026%	$425K	$157K	20x	as long as short
Bitget QQQUSDT	+0.0181%	8h	743.52	+0.061%	$16.9M	$7.0M	20x	as long as short
GRVT QQQ_USDT_Perp	+0.0191%	8h	743.70	+0.085%	$323K	$1.8M	10x	as long as short
RISEx QQQ/USDC	+0.0193%	1h	743.58	+0.069%	$5.6M	$9.0M	25x	as long as short
Phoenix QQQ	+0.0194%	1h	743.06	−0.001%	$38K	$73K	20x	as long as short
edgeX QQQUSDC	+0.0546%	4h	743.47	+0.054%	$760K	$337K	20x	as long as short