QQQ

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.025%

Price spread now: Aster against Orderly+0.037%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Orderly Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

The price spread pays, funding is against you. Aster is 0.037% dearer against Orderly than usual: you sell high and buy low (spread +0.037% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 29 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_QQQ_USDC_mythos	741.71	0.0100	pay 0.0100% / 8h	1h 26m	$12K	$21K	20x
Short	Aster QQQUSDT	741.98	0	get 0.0000% / 8h	1h 26m	$823K	$858K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Orderly. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee OrderlybpFee AsterbpOrdersPrice spread, now +0.037%Rate

Funding earned: −$21
Price spread: +0.037% → 0.000%: $3.65
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Aster: 4 bp × 2 orders: −$8
Net: −$31.35
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; Aster: live order book, 17 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 Orderly no order-book sample	—	—	—	—	—
Sell Aster live order book, 17 min ago	0.54 bp	4.5 bp −$5	7.0 bp −$70	28.6 bp −$2,864	doesn't fit

Orderly: 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 −0.0161% / S +0.0252%	1h	742.09	+0.051%	$25K	—	26x	as long as short
Gate QQQ_USDT	−0.0025%	8h	741.38	−0.044%	$3.3M	$21.5M	50x	as long as short
Aster QQQUSDTshort	0.0000%	8h	741.98	+0.037%	$823K	$858K	20x
Bybit QQQUSDT	0.0000%	8h	741.88	+0.023%	$10.5M	$5.2M	50x	as long as short
OKX QQQ-USDT-SWAP	0.0000%	8h	741.90	+0.026%	$21.4M	$28.4M	50x	as long as short
Ondo Perps QQQ-USD.P	0.0000%	1h	740.83	−0.119%	$4.2M	$1.8M	20x	as long as short
RISEx QQQ/USDC	0.0000%	1h	741.76	+0.006%	$5.5M	$6.3M	25x	as long as short
Bitget QQQUSDT	0.0000%	8h	742.18	+0.063%	$16.6M	$5.4M	20x	as long as short
Variational Omni QQQ	0.0000%	8h	741.69	−0.003%	$16.9M	$7.3M	—	as long as short
SunX QQQ-USDT	0.0000%	8h	742.93	+0.164%	$2K	$1.8M	10x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX QQQ-USDT	0.0000%	8h	742.14	+0.058%	$251K	$41K	30x	as long as short
Phemex QQQUSDT	0.0000%	8h	742.41	+0.094%	$366K	$1.6M	10x	as long as short
Binance QQQUSDT	+0.0003%	8h	742.10	+0.052%	$70.0M	$144.6M	25x	as long as short
BloFin QQQ-USDT	+0.0012%	8h	741.84	+0.018%	$1.1M	$278K	20x	as long as short
Coinbase International QQQ-PERP-INTX	+0.0016%	1h	741.36	−0.047%	$1.2M	$547K	20x	as long as short
Lighter QQQ	+0.0032%	1h	741.82	+0.015%	$7.7M	$15.5M	30x	as long as short
Lighter RH QQQ	+0.0032%	1h	742.23	+0.070%	$37.0M	$80.5M	50x	as long as short
Arcus QQQ-USD	+0.0040%	1h	741.13	−0.078%	$686K	$1.6M	25x	as long as short
Vest QQQ-USD-PERP	+0.0046%	1h	742.96	+0.169%	—	$337K	50x	as long as short
KuCoin QQQUSDTM	+0.0100%	8h	741.59	−0.016%	$3.4M	$353K	20x	as long as short
ApeX Omni QQQUSDT	+0.0100%	1h	741.61	−0.013%	$20K	$2.2M	50x	as long as short
Orderly PERP_QQQ_USDC_mythoslong	+0.0100%	8h	741.71	long leg	$12K	$21K	20x
Aevo QQQ-PERP	+0.0104%	1h	741.26	−0.061%	$92K	$1K	10x	as long as short
GRVT QQQ_USDT_Perp	+0.0115%	8h	741.97	+0.035%	$322K	$2.0M	10x	as long as short
Nado QQQ-PERP	+0.0132%	1h	741.53	−0.025%	$1.5M	$764K	20x	as long as short
Phoenix QQQ	+0.0205%	1h	741.80	+0.012%	$38K	$66K	20x	as long as short
Deribit QQQ_USDC-PERPETUAL	+0.0236%	1h	741.83	+0.016%	$424K	$154K	20x	as long as short
edgeX QQQUSDC	+0.0865%	4h	741.94	+0.031%	$759K	$333K	20x	as long as short