Funding you earn now, next payment 03:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h +0.026%
Price spread now: RISEx against ApeX Omni+0.085%114s7-day average +0.074% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$260.261% of the position
Funding, last 4 days (all we have)+0.095%+$9 on $10k
+Price spread, last 7 days−0.035%−$3 · spread now +0.085%, 7d avg +0.074%
=The price spread sits at its 7-day average of +0.074%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate. Mind the row above: over the last 4 days funding on this pair paid +0.095%, so the current rate has only just turned against you. The two prices were read 114 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 | ApeX Omni QQQUSDT | 743.61 | 0.0100 | pay 0.0013% / 1h | 21m 45s | $20K | $2.2M | 50x |
| Short | RISEx QQQ/USDC | 744.24 | 0 | get 0.0000% / 1h | 21m 45s | $5.4M | $7.5M | 25x |
ApeX Omni QQQUSDT
RISEx QQQ/USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx against ApeX Omni. 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
- −$21
- Price spread: +0.085% → +0.074%
- $1.06
- Slippage, 4 orders
- −$10.05
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- −$45.99
- Costs to cover
- 0.261%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 2 min ago; RISEx: live order book, 2 min ago.
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 ApeX Omni live order book, 2 min ago | 3.77 bp | 9.6 bp −$10 | 25.8 bp −$258 | doesn't fit | doesn't fit |
| Sell RISEx live order book, 2 min ago | 0.07 bp | 3.1 bp −$3 | 3.2 bp −$32 | doesn't fit | doesn't fit |
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 −0.0112% / S +0.0214% | 1h | 744.04 | +0.058% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0058% | 1h | 742.77 | −0.113% | $4.2M | $1.8M | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 744.18 | +0.077% | $841K | $713K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 744.28 | +0.090% | $10.7M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 744.12 | +0.069% | $21.7M | $26.3M | 50x | as long as short |
| RISEx QQQ/USDCshort | 0.0000% | 1h | 744.24 | +0.085% | $5.4M | $7.5M | 25x | |
| Gate QQQ_USDT | 0.0000% | 8h | 743.63 | +0.003% | $3.3M | $21.2M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 744.32 | +0.095% | $16.9M | $5.7M | 20x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 744.51 | +0.121% | $2K | $2.0M | 10x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | 0.0000% | 1h | 743.70 | +0.012% | $425K | $149K | 20x | as long as short |
GMX QQQ/USD [ETH-USDC]
Ondo Perps QQQ-USD.P
Aster QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
Bitget QQQUSDT
SunX QQQ-USDT
Deribit QQQ_USDC-PERPETUALShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX QQQ-USDT | 0.0000% | 8h | 744.26 | +0.087% | $257K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 744.44 | +0.112% | $360K | $1.5M | 10x | as long as short |
| BloFin QQQ-USDT | +0.0008% | 8h | 743.97 | +0.048% | $1.1M | $303K | 20x | as long as short |
| Variational Omni QQQ | +0.0032% | 8h | 743.92 | +0.042% | $17.1M | $7.5M | — | as long as short |
| Lighter QQQ | +0.0032% | 1h | 743.96 | +0.047% | $7.7M | $17.2M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 744.38 | +0.104% | $37.3M | $79.6M | 50x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0032% | 1h | 743.58 | −0.004% | $1.2M | $534K | 20x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 743.12 | −0.066% | $694K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 745.01 | +0.188% | — | $337K | 50x | as long as short |
| Binance QQQUSDT | +0.0061% | 8h | 744.19 | +0.078% | $71.2M | $143.2M | 25x | as long as short |
| Nado QQQ-PERP | +0.0089% | 1h | 743.71 | +0.013% | $1.5M | $920K | 20x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 743.82 | +0.028% | $3.4M | $405K | 20x | as long as short |
| ApeX Omni QQQUSDTlong | +0.0100% | 1h | 743.61 | long leg | $20K | $2.2M | 50x | |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 743.77 | +0.022% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 743.24 | −0.050% | $92K | $1K | 10x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0140% | 8h | 744.18 | +0.076% | $319K | $1.9M | 10x | as long as short |
| Phoenix QQQ | +0.0161% | 1h | 743.64 | +0.004% | $38K | $66K | 20x | as long as short |
| edgeX QQQUSDC | +0.0742% | 4h | 743.88 | +0.037% | $761K | $334K | 20x | as long as short |
HTX QQQ-USDT
Phemex QQQUSDT
BloFin QQQ-USDT
Variational Omni QQQ
Lighter QQQ
Lighter RH QQQ
Coinbase International QQQ-PERP-INTX
Arcus QQQ-USD
Vest QQQ-USD-PERP
Binance QQQUSDT
Nado QQQ-PERP
KuCoin QQQUSDTM
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
GRVT QQQ_USDT_Perp
Phoenix QQQ
edgeX QQQUSDC