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+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.010%
Price spread now: KuCoin against Variational Omni−0.048%7-day average −0.045% · 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 3 days (all we have)+0.071%+$7 on $10k
Price spread, last 7 days−0.043%−$4 · spread now −0.048%, 7d avg −0.045%
Together, before fees+0.028%+ Points / potential airdropVariational Omni: Active · farm board+$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.045%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni QQQ744.300get 0.0000% / 8h4h 11m$17.1M$7.4M
ShortKuCoin QQQUSDTM743.950.0100get 0.0100% / 8h4h 11m$3.4M$362K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$21
Price spread: −0.048% → −0.045%
−$0.28
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$8.72
Costs to cover
0.120%
Break-even
4.1 days
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; KuCoin: live order book, 6 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, 3 min ago1.89 bpdoesn't fit2.6 bp −$26doesn't fitdoesn't fit
Sell KuCoin live order book, 6 min ago1.81 bp16.6 bp −$17123.9 bp −$1,239doesn'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
Ondo Perps QQQ-USD.P−0.0135%1h743.24−0.143%$4.2M$1.8M20xas long as short
GMX QQQ/USD [ETH-USDC]L −0.0127% / S +0.0226%1h744.25−0.008%$25K26xas long as short
BloFin QQQ-USDT0.0000%8h744.14−0.022%$1.1M$261K20xas long as short
Aster QQQUSDT0.0000%8h744.25−0.008%$841K$714K20xas long as short
Bybit QQQUSDT0.0000%8h744.27−0.005%$10.7M$5.0M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h744.08−0.030%$21.5M$26.9M50xas long as short
RISEx QQQ/USDC0.0000%1h744.35+0.006%$5.4M$7.4M25xas long as short
Gate QQQ_USDT0.0000%8h743.69−0.083%$3.3M$20.8M50xas long as short
Bitget QQQUSDT0.0000%8h744.36+0.007%$16.9M$5.7M20xas long as short
Variational Omni QQQlong0.0000%8h744.30long leg$17.1M$7.4M
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX QQQ-USDT0.0000%8h744.70+0.053%$2K$1.9M10xas long as short
HTX QQQ-USDT0.0000%8h744.65+0.046%$257K$29K30xas long as short
Phemex QQQUSDT0.0000%8h744.85+0.073%$362K$1.5M10xas long as short
Coinbase International QQQ-PERP-INTX+0.0008%1h743.80−0.068%$1.2M$536K20xas long as short
Binance QQQUSDT+0.0025%8h744.23−0.009%$71.0M$141.5M25xas long as short
Lighter QQQ+0.0032%1h744.10−0.028%$7.7M$16.4M30xas long as short
Arcus QQQ-USD+0.0040%1h743.62−0.092%$698K$1.6M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h745.20+0.120%$337K50xas long as short
Lighter RH QQQ+0.0048%1h744.51+0.028%$37.0M$79.7M50xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0086%1h744.00−0.041%$425K$150K20xas long as short
GRVT QQQ_USDT_Perp+0.0092%8h744.39+0.011%$324K$1.9M10xas long as short
Nado QQQ-PERP+0.0094%1h743.89−0.055%$1.5M$839K20xas long as short
KuCoin QQQUSDTMshort+0.0100%8h743.95−0.048%$3.4M$362K20x
ApeX Omni QQQUSDT+0.0100%1h743.90−0.054%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h743.99−0.042%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h743.42−0.119%$93K$1K10xas long as short
Phoenix QQQ+0.0129%1h743.93−0.050%$38K$66K20xas long as short
edgeX QQQUSDC+0.0627%4h744.18−0.016%$761K$336K20xas long as short