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

QQQ

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni QQQ743.130get 0.0000% / 8h3h 14m$17.1M$7.3M
ShortedgeX QQQUSDC743.060.0856get 0.0428% / 4h3h 14m$760K$336K20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 5 min ago1.90 bpdoesn't fit2.6 bp −$26doesn't fitdoesn't fit
Sell edgeX live order book, 40 min ago4.10 bp8.7 bp −$99.7 bp −$97doesn'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 −0.0139% / S +0.0235%1h743.18+0.007%$25K26xas long as short
BloFin QQQ-USDT−0.0026%8h743.10−0.005%$1.1M$246K20xas long as short
Ondo Perps QQQ-USD.P−0.0018%1h741.97−0.157%$4.2M$1.8M20xas long as short
Aster QQQUSDT0.0000%8h742.84−0.040%$824K$857K20xas long as short
Binance QQQUSDT0.0000%8h743.15+0.002%$70.2M$142.9M25xas long as short
Bybit QQQUSDT0.0000%8h743.14+0.001%$10.7M$5.0M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h743.01−0.017%$21.5M$27.3M50xas long as short
Gate QQQ_USDT0.0000%8h742.49−0.087%$3.3M$21.2M50xas long as short
Bitget QQQUSDT0.0000%8h743.29+0.021%$16.9M$5.5M20xas long as short
Variational Omni QQQlong0.0000%8h743.13long leg$17.1M$7.3M
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX QQQ-USDT0.0000%8h743.59+0.061%$1K$1.9M10xas long as short
Coinbase International QQQ-PERP-INTX0.0000%1h742.78−0.048%$1.2M$537K20xas long as short
HTX QQQ-USDT0.0000%8h743.43+0.040%$257K$29K30xas long as short
Phemex QQQUSDT0.0000%8h743.48+0.046%$361K$1.6M10xas long as short
RISEx QQQ/USDC+0.0010%1h743.19+0.007%$5.4M$7.3M25xas long as short
Lighter QQQ+0.0032%1h742.96−0.024%$7.7M$15.8M30xas long as short
Lighter RH QQQ+0.0032%1h743.32+0.025%$37.0M$79.4M50xas long as short
Arcus QQQ-USD+0.0040%1h742.31−0.111%$705K$1.6M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h744.05+0.123%$337K50xas long as short
GRVT QQQ_USDT_Perp+0.0067%8h743.40+0.036%$321K$1.9M10xas long as short
Nado QQQ-PERP+0.0086%1h742.77−0.049%$1.5M$760K20xas long as short
KuCoin QQQUSDTM+0.0100%8h742.80−0.045%$3.4M$342K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h742.84−0.040%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h742.88−0.034%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h742.29−0.113%$92K$1K10xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0114%1h742.93−0.028%$424K$151K20xas long as short
Phoenix QQQ+0.0118%1h742.48−0.088%$38K$66K20xas long as short
edgeX QQQUSDCshort+0.0856%4h743.06−0.009%$760K$336K20x