Funding you earn now, next payment 08:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.30 per $10,000 · paid last 24h +0.005%
Price spread now: Aster against Gate+0.082%7-day average +0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$320.324% of the position
Funding, last 7 days+0.052%+$5 on $10k
+Price spread, last 4 days (all we have)−0.088%−$9 · spread now +0.082%, 7d avg +0.025%
=Together, before fees−0.036%+ Points / potential airdropAster: Stage 5 · farm board−$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Aster is 0.057% dearer against Gate than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.025%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate QQQ_USDT | 741.36 | −0.0030 | get 0.0030% / 8h | 1h 23m | $3.3M | $21.5M | 50x |
| Short | Aster QQQUSDT | 741.97 | 0 | get 0.0000% / 8h | 1h 23m | $823K | $858K | 20x |
Gate QQQ_USDT
Aster QQQUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Gate. 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
- $6.3
- Price spread: +0.082% → +0.025%
- $5.67
- Slippage, 4 orders
- −$9.39
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$20.42
- Costs to cover
- 0.324%
- Break-even
- 29.7 days
Slippage from Gate: live order book, 5 min ago; Aster: live order book, 19 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 Gate live order book, 5 min ago | 1.82 bp | 12.9 bp −$13 | 18.2 bp −$182 | doesn't fit | doesn't fit |
| Sell Aster live order book, 19 min ago | 0.54 bp | 4.5 bp −$5 | 7.0 bp −$70 | 28.6 bp −$2,864 | 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX QQQ/USD [ETH-USDC] | L −0.0161% / S +0.0253% | 1h | 741.98 | +0.083% | $25K | — | 26x | as long as short |
| Gate QQQ_USDTlong | −0.0030% | 8h | 741.36 | long leg | $3.3M | $21.5M | 50x | |
| Aster QQQUSDTshort | 0.0000% | 8h | 741.97 | +0.082% | $823K | $858K | 20x | |
| Bybit QQQUSDT | 0.0000% | 8h | 741.96 | +0.081% | $10.5M | $5.2M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 741.85 | +0.066% | $21.4M | $28.4M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 741.77 | +0.055% | $5.5M | $6.3M | 25x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 742.19 | +0.112% | $16.6M | $5.4M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 741.98 | +0.083% | $16.9M | $7.3M | — | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 742.77 | +0.190% | $2K | $1.8M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 742.14 | +0.105% | $251K | $41K | 30x | as long as short |
GMX QQQ/USD [ETH-USDC]
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Bitget QQQUSDT
Variational Omni QQQ
SunX QQQ-USDT
HTX QQQ-USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex QQQUSDT | 0.0000% | 8h | 742.22 | +0.116% | $365K | $1.6M | 10x | as long as short |
| Ondo Perps QQQ-USD.P | +0.0002% | 1h | 740.66 | −0.094% | $4.2M | $1.8M | 20x | as long as short |
| Binance QQQUSDT | +0.0003% | 8h | 742.09 | +0.098% | $70.0M | $144.5M | 25x | as long as short |
| BloFin QQQ-USDT | +0.0004% | 8h | 741.75 | +0.053% | $1.1M | $271K | 20x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0016% | 1h | 741.55 | +0.026% | $1.2M | $550K | 20x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 741.74 | +0.051% | $7.7M | $15.5M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 742.12 | +0.103% | $37.0M | $80.6M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 741.16 | −0.027% | $686K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 743.01 | +0.223% | — | $337K | 50x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 741.57 | +0.028% | $3.4M | $353K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 741.57 | +0.028% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 741.63 | +0.036% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 741.22 | −0.019% | $92K | $1K | 10x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0116% | 8h | 742.17 | +0.109% | $322K | $2.0M | 10x | as long as short |
| Nado QQQ-PERP | +0.0131% | 1h | 741.48 | +0.016% | $1.5M | $764K | 20x | as long as short |
| Phoenix QQQ | +0.0205% | 1h | 741.63 | +0.036% | $38K | $66K | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0209% | 1h | 741.71 | +0.047% | $424K | $154K | 20x | as long as short |
| edgeX QQQUSDC | +0.0573% | 4h | 741.92 | +0.076% | $759K | $334K | 20x | as long as short |
Phemex QQQUSDT
Ondo Perps QQQ-USD.P
Binance QQQUSDT
BloFin QQQ-USDT
Coinbase International QQQ-PERP-INTX
Lighter QQQ
Lighter RH QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
GRVT QQQ_USDT_Perp
Nado QQQ-PERP
Phoenix QQQ
Deribit QQQ_USDC-PERPETUAL
edgeX QQQUSDC