Funding you earn now, next payment 00:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.30 per $10,000 · paid last 24h −0.101%
Price spread now: Binance against Variational Omni+0.007%7-day average +0.013% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.100%−$10 on $10k
+Price spread, last 2 days (all we have)+0.029%+$3 · spread now +0.007%, 7d avg +0.013%
=Together, before fees−0.071%+ Points / potential airdropVariational Omni: Active · farm board−$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.013%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair cost −0.100%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni QQQ | 743.30 | 0.0050 | pay 0.0050% / 8h | 39m 11s | $17.6M | $10.3M | — |
| Short | Binance QQQUSDT | 743.35 | 0.0079 | get 0.0079% / 8h | 39m 11s | $71.0M | $160.6M | 25x |
Variational Omni QQQ
Binance QQQUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Variational Omni. 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
- $6.27
- Price spread: +0.007% → +0.013%
- −$0.6
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$4.33
- Costs to cover
- 0.100%
- Break-even
- 11.8 days
Slippage unknown: Variational Omni: RFQ quote, 5 min ago; Binance: live order book, 4 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 Variational Omni RFQ quote, 5 min ago | 1.90 bp | doesn't fit | 2.5 bp −$25 | 9.2 bp −$919 | doesn't fit |
| Sell Binance live order book, 4 min ago | 0.07 bp | 5.1 bp −$5 | 5.8 bp −$58 | 10.0 bp −$995 | 25.6 bp −$12.8K |
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 −0.0071% / S +0.0182% | 1h | 743.36 | +0.007% | $25K | — | 26x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 743.25 | −0.007% | $21.6M | $27.7M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 742.82 | −0.065% | $3.1M | $32.8M | 50x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 743.79 | +0.066% | $2K | $2.3M | 10x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | 0.0000% | 1h | 742.95 | −0.047% | $424K | $173K | 20x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 743.15 | −0.020% | $257K | $26K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 743.98 | +0.091% | $362K | $1.4M | 10x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 743.36 | +0.007% | $841K | $783K | 20x | as long as short |
| BloFin QQQ-USDT | +0.0004% | 8h | 743.09 | −0.029% | $1.1M | $469K | 20x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 742.68 | −0.084% | $738K | $1.4M | 25x | as long as short |
GMX QQQ/USD [ETH-USDC]
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
SunX QQQ-USDT
Deribit QQQ_USDC-PERPETUAL
HTX QQQ-USDT
Phemex QQQUSDT
Aster QQQUSDT
BloFin QQQ-USDT
Arcus QQQ-USDShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest QQQ-USD-PERP | +0.0046% | 1h | 743.79 | +0.066% | — | $621K | 50x | as long as short |
| Lighter RH QQQ | +0.0048% | 1h | 743.52 | +0.029% | $37.6M | $79.2M | 50x | as long as short |
| Variational Omni QQQlong | +0.0050% | 8h | 743.30 | long leg | $17.6M | $10.3M | — | |
| Ondo Perps QQQ-USD.P | +0.0050% | 1h | 742.10 | −0.162% | $4.2M | $2.1M | 20x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0072% | 1h | 742.80 | −0.068% | $1.2M | $866K | 20x | as long as short |
| Binance QQQUSDTshort | +0.0079% | 8h | 743.35 | +0.007% | $71.0M | $160.6M | 25x | |
| Lighter QQQ | +0.0080% | 1h | 743.19 | −0.015% | $7.6M | $20.9M | 30x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 742.93 | −0.050% | $3.4M | $423K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 742.85 | −0.061% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 743.09 | −0.029% | $12K | $21K | 20x | as long as short |
| Bybit QQQUSDT | +0.0101% | 8h | 743.42 | +0.016% | $10.7M | $5.2M | 50x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 742.64 | −0.089% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0180% | 1h | 742.84 | −0.062% | $1.5M | $1.3M | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0192% | 8h | 743.51 | +0.027% | $323K | $1.8M | 10x | as long as short |
| Bitget QQQUSDT | +0.0192% | 8h | 743.39 | +0.012% | $16.9M | $7.1M | 20x | as long as short |
| RISEx QQQ/USDC | +0.0193% | 1h | 743.48 | +0.023% | $5.4M | $8.9M | 25x | as long as short |
| Phoenix QQQ | +0.0194% | 1h | 743.04 | −0.035% | $38K | $73K | 20x | as long as short |
| edgeX QQQUSDC | +0.0437% | 4h | 743.22 | −0.010% | $760K | $335K | 20x | as long as short |
Vest QQQ-USD-PERP
Lighter RH QQQ
Ondo Perps QQQ-USD.P
Coinbase International QQQ-PERP-INTX
Lighter QQQ
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Bybit QQQUSDT
Aevo QQQ-PERP
Nado QQQ-PERP
GRVT QQQ_USDT_Perp
Bitget QQQUSDT
RISEx QQQ/USDC
Phoenix QQQ
edgeX QQQUSDC