Funding you earn now, next payment 08:00 UTC+0.0856%/8h= +93.7% APRpaid last 24h +0.045%
Price spread now: edgeX against Variational Omni−0.009%89s7-day average 0.000% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.259%−$26 on $10k
+Price spread, last 4 days (all we have)+0.015%+$1 · spread now −0.009%, 7d avg 0.000%
=Together, before fees−0.245%+ Points / potential airdropVariational Omni: Active · edgeX: Active · farm board−$24 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of 0.000%, so right now this pair is about funding alone: +$26 a day on $10k at the current rate. Mind the row above: over the last 4 days funding on this pair cost −0.259%, so the current rate has only just turned in your favour. The two prices were read 89 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.259% in total (about -26.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni QQQ | 743.13 | 0 | get 0.0000% / 8h | 3h 14m | $17.1M | $7.3M | — |
| Short | edgeX QQQUSDC | 743.06 | 0.0856 | get 0.0428% / 4h | 3h 14m | $760K | $336K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $179.73
- Price spread: −0.009% → 0.000%
- −$0.98
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $169.75
- Costs to cover
- 0.090%
- Break-even
- 0.4 days
Slippage unknown: Variational Omni: RFQ quote, 5 min ago; edgeX: live order book, 40 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 | 2.6 bp −$26 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 40 min ago | 4.10 bp | 8.7 bp −$9 | 9.7 bp −$97 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX QQQ/USD [ETH-USDC] | L −0.0139% / S +0.0235% | 1h | 743.18 | +0.007% | $25K | — | 26x | as long as short |
| BloFin QQQ-USDT | −0.0026% | 8h | 743.10 | −0.005% | $1.1M | $246K | 20x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0018% | 1h | 741.97 | −0.157% | $4.2M | $1.8M | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 742.84 | −0.040% | $824K | $857K | 20x | as long as short |
| Binance QQQUSDT | 0.0000% | 8h | 743.15 | +0.002% | $70.2M | $142.9M | 25x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 743.14 | +0.001% | $10.7M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 743.01 | −0.017% | $21.5M | $27.3M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 742.49 | −0.087% | $3.3M | $21.2M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 743.29 | +0.021% | $16.9M | $5.5M | 20x | as long as short |
| Variational Omni QQQlong | 0.0000% | 8h | 743.13 | long leg | $17.1M | $7.3M | — |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX QQQ-USDT | 0.0000% | 8h | 743.59 | +0.061% | $1K | $1.9M | 10x | as long as short |
| Coinbase International QQQ-PERP-INTX | 0.0000% | 1h | 742.78 | −0.048% | $1.2M | $537K | 20x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 743.43 | +0.040% | $257K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 743.48 | +0.046% | $361K | $1.6M | 10x | as long as short |
| RISEx QQQ/USDC | +0.0010% | 1h | 743.19 | +0.007% | $5.4M | $7.3M | 25x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 742.96 | −0.024% | $7.7M | $15.8M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 743.32 | +0.025% | $37.0M | $79.4M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 742.31 | −0.111% | $705K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 744.05 | +0.123% | — | $337K | 50x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0067% | 8h | 743.40 | +0.036% | $321K | $1.9M | 10x | as long as short |
| Nado QQQ-PERP | +0.0086% | 1h | 742.77 | −0.049% | $1.5M | $760K | 20x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 742.80 | −0.045% | $3.4M | $342K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 742.84 | −0.040% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 742.88 | −0.034% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 742.29 | −0.113% | $92K | $1K | 10x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0114% | 1h | 742.93 | −0.028% | $424K | $151K | 20x | as long as short |
| Phoenix QQQ | +0.0118% | 1h | 742.48 | −0.088% | $38K | $66K | 20x | as long as short |
| edgeX QQQUSDCshort | +0.0856% | 4h | 743.06 | −0.009% | $760K | $336K | 20x |
Variational Omni QQQ
edgeX QQQUSDC
GMX QQQ/USD [ETH-USDC]
BloFin QQQ-USDT
Aster QQQUSDT
Binance QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
Bitget QQQUSDT
SunX QQQ-USDT
Coinbase International QQQ-PERP-INTX
HTX QQQ-USDT
Phemex QQQUSDT
RISEx QQQ/USDC
Lighter QQQ
Lighter RH QQQ
GRVT QQQ_USDT_Perp
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Deribit QQQ_USDC-PERPETUAL
Phoenix QQQ