Funding you earn now, next payment 03:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h 0.000%
Price spread now: Vest against Bybit+0.124%47s7-day average +0.117% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.031%+$3 on $10k
+Price spread, last 4 days (all we have)−0.103%−$10 · spread now +0.124%, 7d avg +0.117%
=Together, before fees−0.071%+ Points / potential airdropVest: Active · farm board−$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.117%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. The two prices were read 47 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 | Bybit QQQUSDT | 744.10 | 0 | get 0.0000% / 8h | 5h 25m | $10.7M | $5.0M | 50x |
| Short | Vest QQQ-USD-PERP | 745.02 | 0.0046 | get 0.0006% / 1h | 25m 33s | — | $337K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Vest against Bybit. 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
- $9.59
- Price spread: +0.124% → +0.117%
- $0.65
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$2.75
- Costs to cover
- 0.130%
- Break-even
- 9.0 days
Slippage unknown: Bybit: live order book, 3 min ago; Vest: no order-book sample. 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 Bybit live order book, 3 min ago | 0.07 bp | 8.1 bp −$8 | 12.7 bp −$127 | 77.2 bp −$7,721 | doesn't fit |
| Sell Vest no order-book sample | — | — | — | — | — |
Vest: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 −0.0111% / S +0.0214% | 1h | 744.08 | −0.003% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0051% | 1h | 742.94 | −0.156% | $4.2M | $1.8M | 20x | as long as short |
| BloFin QQQ-USDT | −0.0007% | 8h | 743.95 | −0.020% | $1.1M | $303K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 743.99 | −0.014% | $841K | $713K | 20x | as long as short |
| Bybit QQQUSDTlong | 0.0000% | 8h | 744.10 | long leg | $10.7M | $5.0M | 50x | |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 743.94 | −0.022% | $21.7M | $26.3M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 744.04 | −0.008% | $5.4M | $7.5M | 25x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 743.63 | −0.063% | $3.3M | $21.1M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 744.35 | +0.034% | $16.9M | $5.7M | 20x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 744.50 | +0.054% | $2K | $2.0M | 10x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit QQQ_USDC-PERPETUAL | 0.0000% | 1h | 743.67 | −0.058% | $425K | $149K | 20x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 744.28 | +0.024% | $257K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 744.36 | +0.035% | $362K | $1.5M | 10x | as long as short |
| Variational Omni QQQ | +0.0032% | 8h | 743.92 | −0.024% | $17.1M | $7.5M | — | as long as short |
| Lighter QQQ | +0.0032% | 1h | 743.78 | −0.043% | $7.7M | $17.1M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 744.21 | +0.015% | $37.3M | $79.5M | 50x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0032% | 1h | 743.51 | −0.079% | $1.2M | $534K | 20x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 743.11 | −0.133% | $694K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERPshort | +0.0046% | 1h | 745.02 | +0.124% | — | $337K | 50x | |
| Binance QQQUSDT | +0.0062% | 8h | 744.01 | −0.012% | $71.2M | $143.3M | 25x | as long as short |
| edgeX QQQUSDC | +0.0077% | 4h | 744.10 | 0.000% | $761K | $336K | 20x | as long as short |
| Nado QQQ-PERP | +0.0088% | 1h | 743.65 | −0.061% | $1.5M | $922K | 20x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 743.74 | −0.048% | $3.4M | $405K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 743.97 | −0.017% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 743.77 | −0.044% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 743.22 | −0.118% | $92K | $1K | 10x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0142% | 8h | 744.14 | +0.005% | $319K | $1.9M | 10x | as long as short |
| Phoenix QQQ | +0.0161% | 1h | 743.78 | −0.043% | $38K | $66K | 20x | as long as short |
Bybit QQQUSDT
GMX QQQ/USD [ETH-USDC]
BloFin QQQ-USDT
Aster QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Gate QQQ_USDT
Bitget QQQUSDT
SunX QQQ-USDT
Deribit QQQ_USDC-PERPETUAL
HTX QQQ-USDT
Phemex QQQUSDT
Variational Omni QQQ
Lighter QQQ
Lighter RH QQQ
Coinbase International QQQ-PERP-INTX
Binance QQQUSDT
edgeX QQQUSDC
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
GRVT QQQ_USDT_Perp
Phoenix QQQ