Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.027%
Price spread now: ApeX Omni against OKX+0.012%7-day average −0.064% · you sell dearer than you buy
Net, funding: paid 7d − costs−$14as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$310.314% of the position
Funding, last 7 days+0.174%+$17 on $10k
+Price spread, last 7 days−0.085%−$9 · spread now +0.012%, 7d avg −0.064%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and ApeX Omni is 0.076% dearer against OKX than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.064%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX QQQ-USDT-SWAP | 741.34 | 0 | get 0.0000% / 8h | 7h 59m | $21.5M | $28.3M | 50x |
| Short | ApeX Omni QQQUSDT | 741.43 | 0.0100 | get 0.0013% / 1h | 59m 18s | $20K | $2.2M | 50x |
OKX QQQ-USDT-SWAP
ApeX Omni QQQUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against OKX. 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
- $21
- Price spread: +0.012% → −0.064%
- $7.61
- Slippage, 4 orders
- −$11.36
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$2.76
- Costs to cover
- 0.314%
- Break-even
- 7.9 days
Slippage from OKX: live order book, 4 min ago; ApeX Omni: 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 OKX live order book, 4 min ago | 0.07 bp | 5.1 bp −$5 | 6.8 bp −$68 | 12.9 bp −$1,289 | doesn't fit |
| Sell ApeX Omni live order book, 5 min ago | 3.78 bp | 11.2 bp −$11 | 42.6 bp −$426 | doesn't fit | 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 −0.0179% / S +0.0267% | 1h | 741.57 | +0.030% | $25K | — | 26x | as long as short |
| Gate QQQ_USDT | −0.0098% | 8h | 741.22 | −0.016% | $3.3M | $20.4M | 50x | as long as short |
| BloFin QQQ-USDT | −0.0002% | 8h | 741.33 | −0.001% | $1.1M | $274K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 741.61 | +0.036% | $824K | $865K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 741.56 | +0.030% | $10.7M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAPlong | 0.0000% | 8h | 741.34 | long leg | $21.5M | $28.3M | 50x | |
| RISEx QQQ/USDC | 0.0000% | 1h | 741.59 | +0.033% | $5.3M | $5.7M | 25x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 741.29 | −0.007% | $16.5M | $5.3M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 741.63 | +0.040% | $16.8M | $7.2M | — | as long as short |
| Nado QQQ-PERP | 0.0000% | 1h | 741.37 | +0.005% | $1.6M | $745K | 20x | as long as short |
GMX QQQ/USD [ETH-USDC]
Gate QQQ_USDT
BloFin QQQ-USDT
Aster QQQUSDT
Bybit QQQUSDT
RISEx QQQ/USDC
Bitget QQQUSDT
Variational Omni QQQ
Nado QQQ-PERPShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX QQQ-USDT | 0.0000% | 8h | 742.04 | +0.094% | $2K | $1.7M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 741.58 | +0.032% | $250K | $41K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 741.76 | +0.057% | $361K | $1.6M | 10x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0024% | 1h | 741.06 | −0.038% | $1.2M | $486K | 20x | as long as short |
| Binance QQQUSDT | +0.0029% | 8h | 741.51 | +0.023% | $70.4M | $140.8M | 25x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 741.25 | −0.012% | $7.7M | $14.9M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 741.59 | +0.034% | $37.5M | $78.4M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 740.78 | −0.076% | $647K | $1.7M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 742.50 | +0.156% | — | $337K | 50x | as long as short |
| Ondo Perps QQQ-USD.P | +0.0050% | 1h | 740.78 | −0.076% | $4.2M | $1.8M | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0060% | 1h | 741.34 | 0.000% | $424K | $156K | 20x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 741.18 | −0.022% | $3.4M | $362K | 20x | as long as short |
| ApeX Omni QQQUSDTshort | +0.0100% | 1h | 741.43 | +0.012% | $20K | $2.2M | 50x | |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 741.37 | +0.004% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 740.89 | −0.061% | $92K | $1K | 10x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0148% | 8h | 741.90 | +0.076% | $314K | $2.0M | 10x | as long as short |
| Phoenix QQQ | +0.0227% | 1h | 741.35 | +0.001% | $38K | $65K | 20x | as long as short |
| edgeX QQQUSDC | +0.0784% | 4h | 741.84 | +0.067% | $758K | $337K | 20x | as long as short |
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDT
Coinbase International QQQ-PERP-INTX
Binance QQQUSDT
Lighter QQQ
Lighter RH QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
Ondo Perps QQQ-USD.P
Deribit QQQ_USDC-PERPETUAL
KuCoin QQQUSDTM
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
GRVT QQQ_USDT_Perp
Phoenix QQQ
edgeX QQQUSDC