Funding you earn now, next payment 06:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.025%
Price spread now: Aster against ApeX Omni+0.039%7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$300.301% of the position
Funding, last 7 days−0.169%−$17 on $10k
+Price spread, last 4 days (all we have)+0.038%+$4 · spread now +0.039%, 7d avg +0.020%
=Together, before fees−0.131%+ Points / potential airdropAster: Stage 5 · farm board−$13 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.020%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni QQQUSDT | 742.56 | 0.0100 | pay 0.0013% / 1h | 11m 05s | $20K | $2.2M | 50x |
| Short | Aster QQQUSDT | 742.85 | 0 | get 0.0000% / 8h | 2h 11m | $824K | $857K | 20x |
ApeX Omni QQQUSDT
Aster QQQUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against ApeX 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
- −$21
- Price spread: +0.039% → +0.020%
- $1.88
- Slippage, 4 orders
- −$12.1
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$49.21
- Costs to cover
- 0.301%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 3 min ago; Aster: live order book, 37 min ago.
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 ApeX Omni live order book, 3 min ago | 3.77 bp | 9.7 bp −$10 | 24.6 bp −$246 | doesn't fit | doesn't fit |
| Sell Aster live order book, 37 min ago | 0.88 bp | 5.0 bp −$5 | 8.4 bp −$84 | 30.6 bp −$3,056 | 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 −0.0152% / S +0.0245% | 1h | 743.32 | +0.102% | $25K | — | 26x | as long as short |
| BloFin QQQ-USDT | −0.0020% | 8h | 742.85 | +0.039% | $1.1M | $277K | 20x | as long as short |
| Aster QQQUSDTshort | 0.0000% | 8h | 742.85 | +0.039% | $824K | $857K | 20x | |
| Binance QQQUSDT | 0.0000% | 8h | 743.32 | +0.102% | $70.0M | $144.7M | 25x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 743.38 | +0.110% | $10.6M | $5.2M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 743.10 | +0.073% | $21.6M | $28.2M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 743.25 | +0.093% | $5.4M | $6.7M | 25x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 742.61 | +0.007% | $3.3M | $21.4M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 743.36 | +0.108% | $16.6M | $5.6M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 742.66 | +0.014% | $16.9M | $7.2M | — | as long as short |
GMX QQQ/USD [ETH-USDC]
BloFin QQQ-USDT
Binance QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Gate QQQ_USDT
Bitget QQQUSDT
Variational Omni QQQShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX QQQ-USDT | 0.0000% | 8h | 743.79 | +0.166% | $2K | $1.8M | 10x | as long as short |
| Coinbase International QQQ-PERP-INTX | 0.0000% | 1h | 742.77 | +0.028% | $1.2M | $541K | 20x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 743.33 | +0.104% | $251K | $41K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 743.46 | +0.121% | $361K | $1.6M | 10x | as long as short |
| Ondo Perps QQQ-USD.P | +0.0003% | 1h | 742.06 | −0.067% | $4.2M | $1.8M | 20x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 743.09 | +0.071% | $7.6M | $15.7M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 743.43 | +0.117% | $36.9M | $80.9M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 741.97 | −0.079% | $691K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 744.12 | +0.210% | — | $337K | 50x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0090% | 8h | 742.89 | +0.044% | $315K | $2.0M | 10x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 742.91 | +0.047% | $3.4M | $362K | 20x | as long as short |
| ApeX Omni QQQUSDTlong | +0.0100% | 1h | 742.56 | long leg | $20K | $2.2M | 50x | |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 743.03 | +0.063% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 742.54 | −0.003% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0121% | 1h | 742.79 | +0.031% | $1.5M | $748K | 20x | as long as short |
| Phoenix QQQ | +0.0129% | 1h | 742.54 | −0.003% | $38K | $66K | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0275% | 1h | 743.07 | +0.069% | $424K | $152K | 20x | as long as short |
| edgeX QQQUSDC | +0.0907% | 4h | 742.99 | +0.058% | $760K | $333K | 20x | as long as short |
SunX QQQ-USDT
Coinbase International QQQ-PERP-INTX
HTX QQQ-USDT
Phemex QQQUSDT
Ondo Perps QQQ-USD.P
Lighter QQQ
Lighter RH QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
GRVT QQQ_USDT_Perp
KuCoin QQQUSDTM
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Nado QQQ-PERP
Phoenix QQQ
Deribit QQQ_USDC-PERPETUAL
edgeX QQQUSDC