Funding you earn now, next payment 06:00 UTC−0.0054%/8h= −6.0% APRnext payment −$0.07 per $10,000 · paid last 24h 0.000%
Price spread now: Vest against Deribit+0.153%7-day average +0.192% · 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)−0.064%−$6 on $10k
+Price spread, last 4 days (all we have)−0.112%−$11 · spread now +0.153%, 7d avg +0.192%
=Together, before fees−0.176%+ Points / potential airdropVest: Active · farm board−$18 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Vest is 0.039% cheaper against Deribit than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.192%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit QQQ_USDC-PERPETUAL | 742.97 | 0.0100 | pay 0.0013% / 1h | 8m 08s | $424K | $152K | 20x |
| Short | Vest QQQ-USD-PERP | 744.11 | 0.0046 | get 0.0006% / 1h | 8m 08s | — | $337K | 50x |
Deribit QQQ_USDC-PERPETUAL
Vest QQQ-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Vest against Deribit. 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
- −$11.42
- Price spread: +0.153% → +0.192%
- −$3.86
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$24.28
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: Deribit: live order book, 41 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 Deribit live order book, 41 min ago | 0.07 bp | 3.6 bp −$4 | 5.1 bp −$51 | doesn't fit | 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 −0.0152% / S +0.0246% | 1h | 743.21 | +0.032% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0004% | 1h | 741.94 | −0.139% | $4.2M | $1.8M | 20x | as long as short |
| BloFin QQQ-USDT | −0.0004% | 8h | 742.84 | −0.017% | $1.1M | $278K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 742.75 | −0.030% | $824K | $857K | 20x | as long as short |
| Binance QQQUSDT | 0.0000% | 8h | 743.10 | +0.017% | $70.0M | $145.1M | 25x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 743.19 | +0.030% | $10.6M | $5.2M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 743.03 | +0.008% | $21.5M | $28.3M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 743.20 | +0.031% | $5.4M | $6.7M | 25x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 742.48 | −0.066% | $3.3M | $21.4M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 743.30 | +0.044% | $16.6M | $5.6M | 20x | as long as short |
GMX QQQ/USD [ETH-USDC]
Ondo Perps QQQ-USD.P
BloFin QQQ-USDT
Aster QQQUSDT
Binance QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Gate QQQ_USDT
Bitget QQQUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni QQQ | 0.0000% | 8h | 743.18 | +0.029% | $16.9M | $7.3M | — | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 743.64 | +0.090% | $2K | $1.8M | 10x | as long as short |
| Coinbase International QQQ-PERP-INTX | 0.0000% | 1h | 742.77 | −0.027% | $1.2M | $541K | 20x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 743.39 | +0.057% | $251K | $41K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 743.54 | +0.077% | $360K | $1.6M | 10x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 742.99 | +0.003% | $7.6M | $15.8M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 743.33 | +0.048% | $37.0M | $81.0M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 742.18 | −0.106% | $689K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERPshort | +0.0046% | 1h | 744.11 | +0.153% | — | $337K | 50x | |
| GRVT QQQ_USDT_Perp | +0.0095% | 8h | 743.38 | +0.055% | $316K | $2.0M | 10x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 742.78 | −0.026% | $3.4M | $364K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 742.75 | −0.030% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 742.91 | −0.008% | $12K | $21K | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUALlong | +0.0100% | 1h | 742.97 | long leg | $424K | $152K | 20x | |
| Aevo QQQ-PERP | +0.0104% | 1h | 742.40 | −0.077% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0121% | 1h | 742.93 | −0.005% | $1.5M | $749K | 20x | as long as short |
| Phoenix QQQ | +0.0129% | 1h | 742.54 | −0.058% | $38K | $66K | 20x | as long as short |
| edgeX QQQUSDC | +0.0987% | 4h | 743.21 | +0.032% | $760K | $334K | 20x | as long as short |
Variational Omni QQQ
SunX QQQ-USDT
Coinbase International QQQ-PERP-INTX
HTX QQQ-USDT
Phemex QQQUSDT
Lighter QQQ
Lighter RH QQQ
Arcus QQQ-USD
GRVT QQQ_USDT_Perp
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Nado QQQ-PERP
Phoenix QQQ
edgeX QQQUSDC