Funding you earn now, next payment 08:00 UTC−0.0004%/8h= −0.5% APRnext payment −$0.04 per $10,000 · paid last 24h −0.001%
Price spread now: OKX against Aster−0.017%7-day average +0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$190.192% of the position
Funding, last 7 days−0.005%$0 on $10k
+Price spread, last 4 days (all we have)+0.034%+$3 · spread now −0.017%, 7d avg +0.003%
=Together, before fees+0.029%+ Points / potential airdropAster: Stage 5 · farm board+$3 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.021% cheaper against Aster than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.003%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster QQQUSDT | 744.23 | 0.0004 | pay 0.0004% / 8h | 7h 23m | $841K | $714K | 20x |
| Short | OKX QQQ-USDT-SWAP | 744.10 | 0 | get 0.0000% / 8h | 7h 23m | $21.4M | $25.3M | 50x |
Aster QQQUSDT
OKX QQQ-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$0.88
- Price spread: −0.017% → +0.003%
- −$2.07
- Slippage, 4 orders
- −$1.23
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$22.18
- Costs to cover
- 0.192%
- Break-even
- never at this rate
Slippage from Aster: live order book, 49 min ago; OKX: 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 OKX live order book, 5 min ago | 0.07 bp | 5.1 bp −$5 | 6.2 bp −$62 | 13.4 bp −$1,338 | 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 | −0.0349% | 1h | 742.70 | −0.205% | $4.2M | $2.0M | 20x | as long as short |
| GMX QQQ/USD [ETH-USDC] | L −0.0087% / S +0.0195% | 1h | 744.30 | +0.010% | $25K | — | 26x | as long as short |
| BloFin QQQ-USDT | −0.0001% | 8h | 744.38 | +0.020% | $1.1M | $318K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 744.27 | +0.006% | $10.7M | $4.9M | 50x | as long as short |
| OKX QQQ-USDT-SWAPshort | 0.0000% | 8h | 744.10 | −0.017% | $21.4M | $25.3M | 50x | |
| Gate QQQ_USDT | 0.0000% | 8h | 743.98 | −0.033% | $3.2M | $27.9M | 50x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 744.81 | +0.078% | $2K | $2.2M | 10x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | 0.0000% | 1h | 743.93 | −0.040% | $425K | $147K | 20x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 745.42 | +0.160% | $258K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 744.51 | +0.038% | $362K | $1.4M | 10x | as long as short |
Ondo Perps QQQ-USD.P
GMX QQQ/USD [ETH-USDC]
BloFin QQQ-USDT
Bybit QQQUSDT
Gate QQQ_USDT
SunX QQQ-USDT
Deribit QQQ_USDC-PERPETUAL
HTX QQQ-USDT
Phemex QQQUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster QQQUSDTlong | +0.0004% | 8h | 744.23 | long leg | $841K | $714K | 20x | |
| Lighter QQQ | +0.0032% | 1h | 743.99 | −0.032% | $7.7M | $18.4M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 744.40 | +0.023% | $37.3M | $80.3M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 743.80 | −0.058% | $748K | $1.5M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 744.97 | +0.100% | — | $306K | 50x | as long as short |
| Variational Omni QQQ | +0.0052% | 8h | 744.72 | +0.066% | $17.1M | $9.6M | — | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0064% | 1h | 744.24 | +0.001% | $1.2M | $550K | 20x | as long as short |
| Binance QQQUSDT | +0.0081% | 8h | 744.25 | +0.003% | $71.1M | $152.3M | 25x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 743.99 | −0.032% | $3.4M | $410K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 744.53 | +0.040% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 744.13 | −0.013% | $12K | $21K | 20x | as long as short |
| Nado QQQ-PERP | +0.0102% | 1h | 744.27 | +0.006% | $1.5M | $1.2M | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 743.76 | −0.063% | $93K | $1K | 10x | as long as short |
| Bitget QQQUSDT | +0.0177% | 8h | 744.34 | +0.015% | $16.9M | $6.4M | 20x | as long as short |
| RISEx QQQ/USDC | +0.0208% | 1h | 744.27 | +0.006% | $5.4M | $8.6M | 25x | as long as short |
| Phoenix QQQ | +0.0258% | 1h | 744.03 | −0.027% | $38K | $66K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0304% | 8h | 745.05 | +0.111% | $317K | $1.8M | 10x | as long as short |
| edgeX QQQUSDC | +0.0961% | 4h | 744.90 | +0.091% | $762K | $335K | 20x | as long as short |
Lighter QQQ
Lighter RH QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
Variational Omni QQQ
Coinbase International QQQ-PERP-INTX
Binance QQQUSDT
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Nado QQQ-PERP
Aevo QQQ-PERP
Bitget QQQUSDT
RISEx QQQ/USDC
Phoenix QQQ
GRVT QQQ_USDT_Perp
edgeX QQQUSDC