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

QQQ

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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h −0.026%
Price spread now: ApeX Omni against RISEx−0.085%114s7-day average −0.074% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$260.261% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.095%−$9 on $10k
Price spread, last 7 days+0.035%+$3 · spread now −0.085%, 7d avg −0.074%
Together, before fees−0.060%−$6 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.074%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. Mind the row above: over the last 4 days funding on this pair cost −0.095%, so the current rate has only just turned in your favour. The two prices were read 114 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx QQQ/USDC744.240get 0.0000% / 1h21m 42s$5.4M$7.5M25x
ShortApeX Omni QQQUSDT743.610.0100get 0.0013% / 1h21m 42s$20K$2.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against RISEx. 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
$21
Price spread: −0.085% → −0.074%
−$1.05
Slippage, 4 orders
−$10.05
Fee RISEx: 3 bp × 2 orders
−$6
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$6.1
Costs to cover
0.261%
Break-even
9.0 days
Slippage from RISEx: live order book, 2 min ago; ApeX Omni: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy RISEx live order book, 2 min ago0.07 bp3.6 bp −$44.5 bp −$45doesn't fitdoesn't fit
Sell ApeX Omni live order book, 2 min ago3.77 bp9.8 bp −$1027.7 bp −$277doesn'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 −0.0112% / S +0.0214%1h744.04−0.026%$25K26xas long as short
Ondo Perps QQQ-USD.P−0.0058%1h742.77−0.198%$4.2M$1.8M20xas long as short
Aster QQQUSDT0.0000%8h744.18−0.008%$841K$713K20xas long as short
Bybit QQQUSDT0.0000%8h744.28+0.005%$10.7M$5.0M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h744.12−0.016%$21.7M$26.3M50xas long as short
RISEx QQQ/USDClong0.0000%1h744.24long leg$5.4M$7.5M25x
Gate QQQ_USDT0.0000%8h743.63−0.082%$3.3M$21.2M50xas long as short
Bitget QQQUSDT0.0000%8h744.32+0.011%$16.9M$5.7M20xas long as short
SunX QQQ-USDT0.0000%8h744.51+0.036%$2K$2.0M10xas long as short
Deribit QQQ_USDC-PERPETUAL0.0000%1h743.70−0.073%$425K$149K20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX QQQ-USDT0.0000%8h744.26+0.003%$257K$29K30xas long as short
Phemex QQQUSDT0.0000%8h744.44+0.027%$360K$1.5M10xas long as short
BloFin QQQ-USDT+0.0008%8h743.97−0.036%$1.1M$303K20xas long as short
Variational Omni QQQ+0.0032%8h743.92−0.043%$17.1M$7.5Mas long as short
Lighter QQQ+0.0032%1h743.96−0.038%$7.7M$17.2M30xas long as short
Lighter RH QQQ+0.0032%1h744.38+0.019%$37.3M$79.6M50xas long as short
Coinbase International QQQ-PERP-INTX+0.0032%1h743.58−0.089%$1.2M$534K20xas long as short
Arcus QQQ-USD+0.0040%1h743.12−0.150%$694K$1.6M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h745.01+0.103%$337K50xas long as short
Binance QQQUSDT+0.0061%8h744.19−0.007%$71.2M$143.2M25xas long as short
Nado QQQ-PERP+0.0089%1h743.71−0.072%$1.5M$920K20xas long as short
KuCoin QQQUSDTM+0.0100%8h743.82−0.056%$3.4M$405K20xas long as short
ApeX Omni QQQUSDTshort+0.0100%1h743.61−0.085%$20K$2.2M50x
Orderly PERP_QQQ_USDC_mythos+0.0100%8h743.77−0.063%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h743.24−0.135%$92K$1K10xas long as short
GRVT QQQ_USDT_Perp+0.0140%8h744.18−0.009%$319K$1.9M10xas long as short
Phoenix QQQ+0.0161%1h743.64−0.081%$38K$66K20xas long as short
edgeX QQQUSDC+0.0742%4h743.88−0.048%$761K$334K20xas long as short