Funding you earn now, next payment 01:00 UTC+0.0096%/8h= +10.5% APRpaid last 24h +0.025%
Price spread now: ApeX Omni against Aster+0.042%89s7-day average −0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$12as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$290.286% of the position
Funding, last 7 days+0.169%+$17 on $10k
+Price spread, last 4 days (all we have)−0.079%−$8 · spread now +0.042%, 7d avg −0.019%
=Together, before fees+0.090%+ Points / potential airdropAster: Stage 5 · farm board+$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and ApeX Omni is 0.061% dearer against Aster than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.019%. The two prices were read 89 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 | Aster QQQUSDT | 744.22 | 0.0004 | pay 0.0004% / 8h | 7h 23m | $841K | $714K | 20x |
| Short | ApeX Omni QQQUSDT | 744.53 | 0.0100 | get 0.0013% / 1h | 23m 57s | $20K | $2.2M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Aster. 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
- $20.09
- Price spread: +0.042% → −0.019%
- $6.07
- Slippage, 4 orders
- −$10.59
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$2.43
- Costs to cover
- 0.286%
- Break-even
- 7.8 days
Slippage from Aster: live order book, 49 min ago; ApeX Omni: live order book, 5 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 Aster live order book, 49 min ago | 0.27 bp | 4.8 bp −$5 | 6.8 bp −$68 | 32.4 bp −$3,239 | doesn't fit |
| Sell ApeX Omni live order book, 5 min ago | 3.76 bp | 9.8 bp −$10 | 27.1 bp −$271 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps QQQ-USD.P | −0.0354% | 1h | 743.30 | −0.123% | $4.2M | $2.1M | 20x | as long as short |
| GMX QQQ/USD [ETH-USDC] | L −0.0087% / S +0.0195% | 1h | 744.30 | +0.012% | $25K | — | 26x | as long as short |
| BloFin QQQ-USDT | −0.0001% | 8h | 744.38 | +0.022% | $1.1M | $318K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 744.38 | +0.022% | $10.7M | $4.9M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 744.15 | −0.009% | $21.4M | $25.3M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 744.04 | −0.024% | $3.2M | $27.9M | 50x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 744.81 | +0.080% | $2K | $2.2M | 10x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | 0.0000% | 1h | 743.93 | −0.038% | $425K | $147K | 20x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 745.42 | +0.162% | $258K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 744.51 | +0.039% | $362K | $1.4M | 10x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster QQQUSDTlong | +0.0004% | 8h | 744.22 | long leg | $841K | $714K | 20x | |
| Lighter QQQ | +0.0032% | 1h | 743.96 | −0.034% | $7.7M | $18.4M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 744.36 | +0.019% | $37.3M | $80.3M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 743.95 | −0.036% | $748K | $1.5M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 744.97 | +0.101% | — | $306K | 50x | as long as short |
| Variational Omni QQQ | +0.0052% | 8h | 744.72 | +0.068% | $17.1M | $9.6M | — | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0064% | 1h | 744.24 | +0.003% | $1.2M | $550K | 20x | as long as short |
| Binance QQQUSDT | +0.0081% | 8h | 744.22 | 0.000% | $71.1M | $152.3M | 25x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 744.06 | −0.021% | $3.4M | $410K | 20x | as long as short |
| ApeX Omni QQQUSDTshort | +0.0100% | 1h | 744.53 | +0.042% | $20K | $2.2M | 50x | |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 744.13 | −0.012% | $12K | $21K | 20x | as long as short |
| Nado QQQ-PERP | +0.0102% | 1h | 744.27 | +0.007% | $1.5M | $1.2M | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 743.76 | −0.062% | $93K | $1K | 10x | as long as short |
| Bitget QQQUSDT | +0.0180% | 8h | 744.34 | +0.017% | $16.9M | $6.4M | 20x | as long as short |
| RISEx QQQ/USDC | +0.0208% | 1h | 744.46 | +0.032% | $5.4M | $8.6M | 25x | as long as short |
| Phoenix QQQ | +0.0258% | 1h | 744.03 | −0.025% | $38K | $66K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0304% | 8h | 745.05 | +0.112% | $317K | $1.8M | 10x | as long as short |
| edgeX QQQUSDC | +0.0961% | 4h | 744.90 | +0.092% | $762K | $335K | 20x | as long as short |
Aster QQQUSDT
ApeX Omni QQQUSDT
GMX QQQ/USD [ETH-USDC]
BloFin QQQ-USDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
SunX QQQ-USDT
Deribit QQQ_USDC-PERPETUAL
HTX QQQ-USDT
Phemex QQQUSDT
Lighter QQQ
Lighter RH QQQ
Variational Omni QQQ
Coinbase International QQQ-PERP-INTX
Binance QQQUSDT
KuCoin QQQUSDTM
Bitget QQQUSDT
RISEx QQQ/USDC
Phoenix QQQ
GRVT QQQ_USDT_Perp
edgeX QQQUSDC