Funding you earn now, next payment 02:00 UTC+0.0075%/8h= +8.2% APRpaid last 24h +0.009%
Price spread now: Deribit against Aster−0.026%7-day average −0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$16as in the Price arb table
costs, in and out, $10k−$190.186% of the position
Funding, last 5 days (all we have)+0.100%+$10 on $10k
+Price spread, last 3 days (all we have)−0.021%−$2 · spread now −0.026%, 7d avg −0.048%
=Together, before fees+0.078%+ Points / potential airdropAster: Stage 5 · farm board+$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Deribit is 0.021% dearer against Aster than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.048%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster QQQUSDT | 744.11 | 0.0011 | pay 0.0011% / 8h | 6h 38m | $841K | $712K | 20x |
| Short | Deribit QQQ_USDC-PERPETUAL | 743.91 | 0.0086 | get 0.0011% / 1h | 38m 15s | $425K | $148K | 20x |
Aster QQQUSDT
Deribit QQQ_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $15.82
- Price spread: −0.026% → −0.048%
- $2.13
- Slippage, 4 orders
- −$3.6
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$0.64
- Costs to cover
- 0.186%
- Break-even
- 7.3 days
Slippage from Aster: live order book, 29 min ago; Deribit: live order book, 30 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, 29 min ago | 0.54 bp | 4.5 bp −$5 | 5.8 bp −$58 | 28.3 bp −$2,833 | doesn't fit |
| Sell Deribit live order book, 30 min ago | 0.07 bp | 6.0 bp −$6 | 8.8 bp −$88 | 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 | −0.0172% | 1h | 743.00 | −0.149% | $4.2M | $1.9M | 20x | as long as short |
| GMX QQQ/USD [ETH-USDC] | L −0.0096% / S +0.0202% | 1h | 744.12 | +0.001% | $25K | — | 26x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 744.07 | −0.005% | $10.7M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 743.95 | −0.021% | $21.5M | $25.5M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 743.81 | −0.040% | $3.2M | $21.4M | 50x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 744.57 | +0.062% | $2K | $2.1M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 744.32 | +0.029% | $257K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 744.38 | +0.037% | $359K | $1.4M | 10x | as long as short |
| Aster QQQUSDTlong | +0.0011% | 8h | 744.11 | long leg | $841K | $712K | 20x | |
| BloFin QQQ-USDT | +0.0026% | 8h | 744.31 | +0.027% | $1.1M | $319K | 20x | as long as short |
Ondo Perps QQQ-USD.P
GMX QQQ/USD [ETH-USDC]
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDT
BloFin QQQ-USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter QQQ | +0.0032% | 1h | 743.92 | −0.025% | $7.7M | $17.7M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 744.34 | +0.031% | $37.4M | $79.6M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 743.18 | −0.124% | $703K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 745.08 | +0.131% | — | $356K | 50x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0048% | 1h | 744.05 | −0.007% | $1.2M | $538K | 20x | as long as short |
| Variational Omni QQQ | +0.0065% | 8h | 744.04 | −0.009% | $17.1M | $7.6M | — | as long as short |
| Bitget QQQUSDT | +0.0078% | 8h | 744.15 | +0.006% | $16.9M | $5.9M | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUALshort | +0.0086% | 1h | 743.91 | −0.026% | $425K | $148K | 20x | |
| Binance QQQUSDT | +0.0088% | 8h | 744.13 | +0.003% | $71.1M | $147.5M | 25x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 743.80 | −0.041% | $3.4M | $406K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 743.76 | −0.046% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 743.87 | −0.032% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 743.34 | −0.102% | $93K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0121% | 1h | 743.74 | −0.050% | $1.5M | $1.0M | 20x | as long as short |
| RISEx QQQ/USDC | +0.0168% | 1h | 744.10 | −0.001% | $5.4M | $8.2M | 25x | as long as short |
| Phoenix QQQ | +0.0183% | 1h | 743.78 | −0.044% | $38K | $66K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0241% | 8h | 744.31 | +0.028% | $318K | $1.8M | 10x | as long as short |
| edgeX QQQUSDC | +0.0480% | 4h | 744.13 | +0.003% | $761K | $333K | 20x | as long as short |
Lighter QQQ
Lighter RH QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
Coinbase International QQQ-PERP-INTX
Variational Omni QQQ
Bitget QQQUSDT
Binance QQQUSDT
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Nado QQQ-PERP
RISEx QQQ/USDC
Phoenix QQQ
GRVT QQQ_USDT_Perp
edgeX QQQUSDC