Funding you earn now, next payment 12:00 UTC+0.0044%/8h= +4.8% APRpaid last 24h −0.002%
Price spread now: Variational Omni against Lighter RH−0.014%7-day average +0.002% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.012%−$1 on $10k
+Price spread, last 7 days−0.007%−$1 · spread now −0.014%, 7d avg +0.002%
=Together, before fees−0.019%+ Points / potential airdropLighter RH: Points live · Variational Omni: Active · farm board−$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.002%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH QQQ | 742.58 | 0.0032 | pay 0.0004% / 1h | 53m 40s | $38.8M | $75.8M | 50x |
| Short | Variational Omni QQQ | 742.48 | 0.0076 | get 0.0076% / 8h | 4h 53m | $16.9M | $6.9M | — |
Lighter RH QQQ
Variational Omni QQQFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Lighter RH. 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
- $9.21
- Price spread: −0.014% → +0.002%
- −$1.59
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $7.63
- Costs to cover
- 0.000%
- Break-even
- 1.2 days
Slippage unknown: Lighter RH: live order book, 3 min ago; Variational Omni: RFQ quote, 4 min ago. 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 Lighter RH live order book, 3 min ago | 0.07 bp | 0.3 bp $0 | 1.0 bp −$10 | 11.7 bp −$1,170 | doesn't fit |
| Sell Variational Omni RFQ quote, 4 min ago | 1.90 bp | doesn't fit | 3.3 bp −$33 | doesn't fit | doesn't fit |
QQQ on 28 exchanges
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 −0.0203% / S +0.0285% | 1h | 742.91 | +0.045% | $25K | — | 26x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 742.39 | −0.026% | $22.1M | $30.8M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 742.29 | −0.040% | $5.5M | $5.7M | 25x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 741.96 | −0.083% | $3.6M | $19.7M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 742.67 | +0.012% | $17.0M | $5.9M | 20x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 743.39 | +0.109% | $2K | $1.5M | 10x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | 0.0000% | 1h | 742.31 | −0.036% | $398K | $103K | 20x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 742.87 | +0.039% | $247K | $45K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 743.06 | +0.065% | $360K | $1.7M | 10x | as long as short |
| Ondo Perps QQQ-USD.P | +0.0002% | 1h | 741.38 | −0.162% | $4.2M | $1.8M | 20x | as long as short |
GMX QQQ/USD [ETH-USDC]
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Gate QQQ_USDT
Bitget QQQUSDT
SunX QQQ-USDT
Deribit QQQ_USDC-PERPETUAL
HTX QQQ-USDT
Phemex QQQUSDT
Ondo Perps QQQ-USD.PShow all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus QQQ-USD | +0.0004% | 1h | 741.50 | −0.145% | $657K | $1.4M | 25x | as long as short |
| Aster QQQUSDT | +0.0005% | 8h | 742.37 | −0.029% | $856K | $903K | 20x | as long as short |
| BloFin QQQ-USDT | +0.0012% | 8h | 742.52 | −0.008% | $1.1M | $241K | 20x | as long as short |
| Bybit QQQUSDT | +0.0025% | 8h | 742.38 | −0.027% | $10.7M | $5.0M | 50x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 741.85 | −0.098% | $7.2M | $16.1M | 30x | as long as short |
| Lighter RH QQQlong | +0.0032% | 1h | 742.58 | long leg | $38.8M | $75.8M | 50x | |
| edgeX QQQUSDC | +0.0040% | 4h | 742.57 | −0.001% | $759K | $335K | 20x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 743.61 | +0.139% | — | $337K | 50x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0048% | 1h | 742.65 | +0.009% | $1.2M | $538K | 20x | as long as short |
| Variational Omni QQQshort | +0.0076% | 8h | 742.48 | −0.014% | $16.9M | $6.9M | — | |
| Binance QQQUSDT | +0.0097% | 8h | 742.62 | +0.005% | $72.4M | $146.3M | 25x | as long as short |
| Nado QQQ-PERP | +0.0098% | 1h | 742.28 | −0.040% | $1.6M | $777K | 20x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 742.15 | −0.058% | $3.4M | $504K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 742.16 | −0.057% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 742.51 | −0.009% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 742.04 | −0.073% | $92K | $1K | 10x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0255% | 8h | 742.92 | +0.046% | $319K | $2.1M | 10x | as long as short |
| Phoenix QQQ | +0.0302% | 1h | 742.34 | −0.032% | $38K | $59K | 20x | as long as short |
Arcus QQQ-USD
Aster QQQUSDT
BloFin QQQ-USDT
Bybit QQQUSDT
Lighter QQQ
edgeX QQQUSDC
Vest QQQ-USD-PERP
Coinbase International QQQ-PERP-INTX
Binance QQQUSDT
Nado QQQ-PERP
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
GRVT QQQ_USDT_Perp
Phoenix QQQ