Funding you earn now, next payment 08:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h −0.006%
Price spread now: Vest against Variational Omni+0.132%7-day average +0.152% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.019%+$2 on $10k
+Price spread, last 4 days (all we have)−0.080%−$8 · spread now +0.132%, 7d avg +0.152%
=Together, before fees−0.061%+ Points / potential airdropVariational Omni: Active · Vest: Active · farm board−$6 on $10k · with fees, hour by hour
Funding pays, the price is against you. Vest is 0.020% cheaper against Variational Omni than usual: you would sell low and buy high (spread +0.132% now, against its 7-day average of +0.152%). If the spread goes back, that is −$2 on $10k: about 35 hours of funding at the current rate (+$1 a day). At the pace of the last 4 days (+0.019% in total) that is about 3.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni QQQ | 741.73 | 0 | get 0.0000% / 8h | 33m 35s | $16.8M | $7.2M | — |
| Short | Vest QQQ-USD-PERP | 742.71 | 0.0046 | get 0.0006% / 1h | 33m 35s | — | $337K | 50x |
Variational Omni QQQ
Vest QQQ-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Vest 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
- $9.59
- Price spread: +0.132% → +0.152%
- −$2
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- $5.59
- Costs to cover
- 0.020%
- Break-even
- 2.9 days
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Vest: no order-book sample. 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, 1 min ago | 1.89 bp | doesn't fit | 2.7 bp −$27 | doesn't fit | doesn't fit |
| Sell Vest no order-book sample | — | — | — | — | — |
Vest: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps QQQ-USD.P | −0.0175% | 1h | 740.56 | −0.158% | $4.2M | $1.8M | 20x | as long as short |
| GMX QQQ/USD [ETH-USDC] | L −0.0172% / S +0.0261% | 1h | 741.84 | +0.014% | $25K | — | 26x | as long as short |
| Gate QQQ_USDT | −0.0075% | 8h | 741.39 | −0.046% | $3.3M | $21.6M | 50x | as long as short |
| BloFin QQQ-USDT | −0.0007% | 8h | 741.72 | −0.001% | $1.1M | $274K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 741.77 | +0.006% | $821K | $861K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 741.89 | +0.022% | $10.7M | $5.1M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 741.60 | −0.018% | $21.4M | $28.4M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 741.58 | −0.020% | $5.4M | $6.3M | 25x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 741.92 | +0.026% | $16.5M | $5.4M | 20x | as long as short |
| Variational Omni QQQlong | 0.0000% | 8h | 741.73 | long leg | $16.8M | $7.2M | — |
Ondo Perps QQQ-USD.P
GMX QQQ/USD [ETH-USDC]
Gate QQQ_USDT
BloFin QQQ-USDT
Aster QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Bitget QQQUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX QQQ-USDT | 0.0000% | 8h | 742.63 | +0.121% | $2K | $1.8M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 742.04 | +0.042% | $251K | $41K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 742.27 | +0.073% | $361K | $1.6M | 10x | as long as short |
| Binance QQQUSDT | +0.0011% | 8h | 741.80 | +0.009% | $70.2M | $142.0M | 25x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0016% | 1h | 741.51 | −0.030% | $1.2M | $491K | 20x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 741.59 | −0.019% | $7.7M | $15.3M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 741.91 | +0.024% | $37.3M | $80.2M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 741.24 | −0.066% | $644K | $1.7M | 25x | as long as short |
| Vest QQQ-USD-PERPshort | +0.0046% | 1h | 742.71 | +0.132% | — | $337K | 50x | |
| Deribit QQQ_USDC-PERPETUAL | +0.0087% | 1h | 741.63 | −0.014% | $424K | $156K | 20x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 741.39 | −0.046% | $3.4M | $360K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 741.49 | −0.032% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 741.62 | −0.015% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 741.18 | −0.074% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0121% | 1h | 741.34 | −0.052% | $1.6M | $763K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0130% | 8h | 742.08 | +0.047% | $325K | $2.0M | 10x | as long as short |
| Phoenix QQQ | +0.0227% | 1h | 741.51 | −0.030% | $38K | $65K | 20x | as long as short |
| edgeX QQQUSDC | +0.0600% | 4h | 741.80 | +0.010% | $758K | $335K | 20x | as long as short |
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDT
Binance QQQUSDT
Coinbase International QQQ-PERP-INTX
Lighter QQQ
Lighter RH QQQ
Arcus QQQ-USD
Deribit QQQ_USDC-PERPETUAL
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Nado QQQ-PERP
GRVT QQQ_USDT_Perp
Phoenix QQQ
edgeX QQQUSDC