Funding you earn now, next payment 00:00 UTC+0.0037%/8hnext payment +$0.37 per $10,000 · paid last 24h +0.001%
Price spread now: Aster against OKX+0.008%7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$17as in the Price arb table
costs, in and out, $10k−$180.185% of the position
Funding, last 7 days+0.005%$0 on $10k
+Price spread, last 3 days (all we have)−0.023%−$2 · spread now +0.008%, 7d avg −0.004%
=Together, before fees−0.018%+ Points / potential airdropAster: Stage 5 · farm board−$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.004%, 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 | OKX QQQ-USDT-SWAP | 742.99 | 0 | get 0.0000% / 8h | 4h 22m | $21.3M | $26.1M | 50x |
| Short | Aster QQQUSDT | 743.05 | 0.0037 | get 0.0037% / 8h | 4h 22m | $846K | $584K | 20x |
OKX QQQ-USDT-SWAP
Aster QQQUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster 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
- $7.78
- Price spread: +0.008% → −0.004%
- $1.2
- Slippage, 4 orders
- −$0.48
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$9.5
- Costs to cover
- 0.185%
- Break-even
- 15.5 days
Slippage from OKX: live order book, 5 min ago; Aster: live order book, 9 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, 5 min ago | 0.07 bp | 5.3 bp −$5 | 6.2 bp −$62 | 11.7 bp −$1,172 | doesn't fit |
| Sell Aster live order book, 9 min ago | 0.07 bp | 4.1 bp −$4 | 5.9 bp −$59 | 20.5 bp −$2,053 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps QQQ-USD.P | −0.0082% | 1h | 741.84 | −0.155% | $4.2M | $2.3M | 20x | as long as short |
| Arcus QQQ-USD | −0.0037% | 1h | 742.37 | −0.083% | $757K | $1.5M | 25x | as long as short |
| GMX QQQ/USD [ETH-USDC] | L −0.0026% / S +0.0135% | 1h | 743.04 | +0.007% | $25K | — | 53x | as long as short |
| Gate QQQ_USDT | −0.0018% | 8h | 742.29 | −0.094% | $3.1M | $33.8M | 50x | as long as short |
| OKX QQQ-USDT-SWAPlong | 0.0000% | 8h | 742.99 | long leg | $21.3M | $26.1M | 50x | |
| RISEx QQQ/USDC | 0.0000% | 1h | 743.14 | +0.020% | $5.2M | $9.0M | 25x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 743.49 | +0.067% | $2K | $2.4M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 743.16 | +0.023% | $257K | $33K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 743.38 | +0.052% | $361K | $1.3M | 10x | as long as short |
| Phoenix QQQ | +0.0022% | 1h | 742.56 | −0.058% | $38K | $73K | 20x | as long as short |
Ondo Perps QQQ-USD.P
Arcus QQQ-USD
GMX QQQ/USD [ETH-USDC]
Gate QQQ_USDT
RISEx QQQ/USDC
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDT
Phoenix QQQShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter QQQ | +0.0032% | 1h | 743.00 | +0.001% | $8.0M | $21.6M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 743.47 | +0.065% | $39.2M | $84.2M | 50x | as long as short |
| Aster QQQUSDTshort | +0.0037% | 8h | 743.05 | +0.008% | $846K | $584K | 20x | |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 743.83 | +0.113% | — | $621K | 50x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0064% | 1h | 742.77 | −0.030% | $1.2M | $847K | 20x | as long as short |
| Bybit QQQUSDT | +0.0066% | 8h | 743.15 | +0.022% | $10.6M | $5.8M | 50x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 742.76 | −0.031% | $3.4M | $439K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 742.60 | −0.052% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 742.24 | −0.101% | $7K | $15K | 20x | as long as short |
| Variational Omni QQQ | +0.0101% | 8h | 742.68 | −0.042% | $17.2M | $10.4M | — | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 742.40 | −0.080% | $92K | $1K | 10x | as long as short |
| Binance QQQUSDT | +0.0119% | 8h | 743.17 | +0.024% | $69.8M | $155.0M | 25x | as long as short |
| BloFin QQQ-USDT | +0.0120% | 8h | 742.23 | −0.102% | $1.1M | $511K | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0141% | 1h | 742.90 | −0.012% | $424K | $303K | 20x | as long as short |
| Nado QQQ-PERP | +0.0152% | 1h | 742.59 | −0.054% | $1.5M | $1.4M | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0203% | 8h | 743.10 | +0.015% | $321K | $1.5M | 10x | as long as short |
| Bitget QQQUSDT | +0.0284% | 8h | 743.28 | +0.039% | $16.9M | $7.5M | 20x | as long as short |
| edgeX QQQUSDC | +0.0516% | 4h | 742.88 | −0.015% | $760K | $335K | 20x | as long as short |
Lighter QQQ
Lighter RH QQQ
Vest QQQ-USD-PERP
Coinbase International QQQ-PERP-INTX
Bybit QQQUSDT
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Variational Omni QQQ
Aevo QQQ-PERP
Binance QQQUSDT
BloFin QQQ-USDT
Deribit QQQ_USDC-PERPETUAL
Nado QQQ-PERP
GRVT QQQ_USDT_Perp
Bitget QQQUSDT
edgeX QQQUSDC