Funding you earn now, next payment 11:00 UTC−0.0048%/8h= −5.3% APRpaid last 24h −0.020%
Price spread now: Variational Omni against ApeX Omni+0.020%7-day average +0.055% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.084%−$8 on $10k
+Price spread, last 7 days+0.080%+$8 · spread now +0.020%, 7d avg +0.055%
=Together, before fees−0.004%+ Points / potential airdropVariational Omni: Active · farm board$0 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Variational Omni is 0.035% cheaper against ApeX Omni than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.055%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni QQQUSDT | 742.82 | 0.0100 | pay 0.0013% / 1h | 44m 56s | $20K | $2.2M | 50x |
| Short | Variational Omni QQQ | 742.97 | 0.0052 | get 0.0052% / 8h | 5h 44m | $16.8M | $6.9M | — |
ApeX Omni QQQUSDT
Variational Omni QQQFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$10.18
- Price spread: +0.020% → +0.055%
- −$3.5
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$23.68
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: ApeX Omni: live order book, 7 min ago; Variational Omni: RFQ quote, 2 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 ApeX Omni live order book, 7 min ago | 3.70 bp | 10.0 bp −$10 | 23.8 bp −$238 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 2 min ago | 1.90 bp | doesn't fit | 3.8 bp −$38 | doesn't fit | doesn't fit |
QQQ on 28 exchanges
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 −0.0203% / S +0.0285% | 1h | 743.09 | +0.036% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0122% | 1h | 740.96 | −0.250% | $4.2M | $1.8M | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 743.12 | +0.041% | $857K | $903K | 20x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 742.89 | +0.009% | $21.7M | $30.3M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 742.86 | +0.005% | $5.4M | $5.7M | 25x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 742.47 | −0.047% | $3.5M | $19.8M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 743.03 | +0.028% | $17.0M | $5.9M | 20x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 743.53 | +0.096% | $2K | $1.5M | 10x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | 0.0000% | 1h | 742.58 | −0.032% | $398K | $107K | 20x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 743.27 | +0.061% | $247K | $45K | 30x | as long as short |
GMX QQQ/USD [ETH-USDC]
Ondo Perps QQQ-USD.P
Aster QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Gate QQQ_USDT
Bitget QQQUSDT
SunX QQQ-USDT
Deribit QQQ_USDC-PERPETUAL
HTX QQQ-USDTShow all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex QQQUSDT | 0.0000% | 8h | 743.53 | +0.096% | $362K | $1.6M | 10x | as long as short |
| BloFin QQQ-USDT | +0.0016% | 8h | 742.87 | +0.007% | $1.1M | $237K | 20x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 742.47 | −0.047% | $7.3M | $15.7M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 743.10 | +0.038% | $38.7M | $77.0M | 50x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0032% | 1h | 742.87 | +0.007% | $1.2M | $541K | 20x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 741.93 | −0.120% | $659K | $1.4M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 743.84 | +0.137% | — | $337K | 50x | as long as short |
| Variational Omni QQQshort | +0.0052% | 8h | 742.97 | +0.020% | $16.8M | $6.9M | — | |
| Bybit QQQUSDT | +0.0068% | 8h | 743.11 | +0.039% | $10.5M | $4.8M | 50x | as long as short |
| Binance QQQUSDT | +0.0076% | 8h | 743.10 | +0.037% | $71.6M | $145.9M | 25x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 742.71 | −0.015% | $3.4M | $469K | 20x | as long as short |
| ApeX Omni QQQUSDTlong | +0.0100% | 1h | 742.82 | long leg | $20K | $2.2M | 50x | |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 742.74 | −0.011% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 742.28 | −0.072% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0133% | 1h | 742.38 | −0.060% | $1.6M | $770K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0250% | 8h | 743.56 | +0.100% | $318K | $2.1M | 10x | as long as short |
| Phoenix QQQ | +0.0302% | 1h | 742.33 | −0.066% | $38K | $59K | 20x | as long as short |
| edgeX QQQUSDC | +0.0715% | 4h | 743.15 | +0.045% | $760K | $336K | 20x | as long as short |
Phemex QQQUSDT
BloFin QQQ-USDT
Lighter QQQ
Lighter RH QQQ
Coinbase International QQQ-PERP-INTX
Arcus QQQ-USD
Vest QQQ-USD-PERP
Bybit QQQUSDT
Binance QQQUSDT
KuCoin QQQUSDTM
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Nado QQQ-PERP
GRVT QQQ_USDT_Perp
Phoenix QQQ
edgeX QQQUSDC