Settings8H · net · $10k
Funding arb · Price arb /

QQQ

RWAall QQQ markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.020%
Price spread now: Variational Omni against Phemex−0.063%7-day average −0.052% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.029%+$3 on $10k
Price spread, last 4 days (all we have)−0.004%$0 · spread now −0.063%, 7d avg −0.052%
Together, before fees+0.025%+ Points / potential airdropVariational Omni: Active · farm board+$3 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex QQQUSDT742.040get 0.0000% / 8h7m 24s$359K$1.6M10x
ShortVariational Omni QQQ741.570get 0.0000% / 8h7m 24s$16.8M$7.2M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Phemex. 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

Funding earned
$0
Price spread: −0.063% → −0.052%
−$1.14
Slippage, 4 orders
no order book: not counted
Fee Phemex: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$13.14
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Phemex: live order book, 1 min ago; Variational Omni: RFQ quote, 2 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Phemex live order book, 1 min ago1.42 bp30.4 bp −$30doesn't fitdoesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 2 min ago1.89 bpdoesn't fit1.9 bp −$19doesn't fitdoesn't fit

QQQ on 28 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX QQQ/USD [ETH-USDC]L −0.0177% / S +0.0265%1h741.71−0.045%$25K26xas long as short
Ondo Perps QQQ-USD.P−0.0123%1h740.66−0.186%$4.2M$1.8M20xas long as short
Gate QQQ_USDT−0.0094%8h741.21−0.112%$3.3M$21.7M50xas long as short
BloFin QQQ-USDT−0.0005%8h741.47−0.077%$1.1M$274K20xas long as short
Aster QQQUSDT0.0000%8h741.71−0.044%$824K$864K20xas long as short
Bybit QQQUSDT0.0000%8h741.65−0.053%$10.7M$5.0M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h741.35−0.093%$21.5M$28.3M50xas long as short
RISEx QQQ/USDC0.0000%1h741.49−0.074%$5.4M$5.9M25xas long as short
Bitget QQQUSDT0.0000%8h741.82−0.030%$16.5M$5.3M20xas long as short
Variational Omni QQQshort0.0000%8h741.57−0.063%$16.8M$7.2M
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX QQQ-USDT0.0000%8h742.040.000%$2K$1.7M10xas long as short
Deribit QQQ_USDC-PERPETUAL0.0000%1h741.37−0.090%$424K$156K20xas long as short
HTX QQQ-USDT0.0000%8h741.93−0.015%$250K$41K30xas long as short
Phemex QQQUSDTlong0.0000%8h742.04long leg$359K$1.6M10x
Coinbase International QQQ-PERP-INTX+0.0016%1h741.15−0.120%$1.2M$486K20xas long as short
Binance QQQUSDT+0.0025%8h741.72−0.043%$70.3M$140.6M25xas long as short
Lighter QQQ+0.0032%1h741.51−0.071%$7.7M$15.4M30xas long as short
Lighter RH QQQ+0.0032%1h741.79−0.034%$37.4M$81.4M50xas long as short
Arcus QQQ-USD+0.0040%1h740.84−0.162%$647K$1.7M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h742.64+0.081%$337K50xas long as short
KuCoin QQQUSDTM+0.0100%8h741.31−0.098%$3.4M$355K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h741.13−0.123%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h741.46−0.078%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h740.97−0.144%$92K$1K10xas long as short
Nado QQQ-PERP+0.0140%1h741.27−0.103%$1.6M$744K20xas long as short
GRVT QQQ_USDT_Perp+0.0144%8h741.77−0.036%$314K$2.0M10xas long as short
Phoenix QQQ+0.0227%1h741.17−0.117%$38K$65K20xas long as short
edgeX QQQUSDC+0.0942%4h741.62−0.057%$758K$335K20xas long as short