Funding you earn now, next payment 06:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%
Price spread now: Gate against ApeX Omni+0.015%7-day average +0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$410.412% of the position
Funding, last 7 days−0.221%−$22 on $10k
+Price spread, last 7 days+0.102%+$10 · spread now +0.015%, 7d avg +0.050%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Gate is 0.035% cheaper against ApeX Omni than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.050%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni QQQUSDT | 741.54 | 0.0100 | pay 0.0013% / 1h | 25m 10s | $20K | $2.2M | 50x |
| Short | Gate QQQ_USDT | 741.65 | 0 | get 0.0000% / 8h | 2h 25m | $3.3M | $21.3M | 50x |
ApeX Omni QQQUSDT
Gate QQQ_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: +0.015% → +0.050%
- −$3.51
- Slippage, 4 orders
- −$16.17
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$65.68
- Costs to cover
- 0.412%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 4 min ago; Gate: live order book, 4 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, 4 min ago | 3.84 bp | 10.7 bp −$11 | 38.4 bp −$384 | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 0.07 bp | 8.1 bp −$8 | 13.2 bp −$132 | 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 −0.0149% / S +0.0243% | 1h | 742.15 | +0.083% | $25K | — | 26x | as long as short |
| BloFin QQQ-USDT | −0.0007% | 8h | 741.73 | +0.026% | $1.1M | $277K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 742.05 | +0.069% | $823K | $857K | 20x | as long as short |
| Binance QQQUSDT | 0.0000% | 8h | 742.12 | +0.079% | $69.9M | $143.9M | 25x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 742.13 | +0.080% | $10.6M | $5.1M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 741.91 | +0.050% | $21.6M | $28.0M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 742.02 | +0.064% | $5.4M | $7.0M | 25x | as long as short |
| Gate QQQ_USDTshort | 0.0000% | 8h | 741.65 | +0.015% | $3.3M | $21.3M | 50x | |
| Bitget QQQUSDT | 0.0000% | 8h | 742.22 | +0.092% | $16.6M | $5.7M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 741.86 | +0.044% | $16.9M | $7.3M | — | as long as short |
GMX QQQ/USD [ETH-USDC]
BloFin QQQ-USDT
Aster QQQUSDT
Binance QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
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 | 742.66 | +0.151% | $2K | $1.8M | 10x | as long as short |
| Coinbase International QQQ-PERP-INTX | 0.0000% | 1h | 741.53 | −0.001% | $1.2M | $540K | 20x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 742.18 | +0.086% | $250K | $41K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 742.28 | +0.100% | $360K | $1.6M | 10x | as long as short |
| Ondo Perps QQQ-USD.P | +0.0030% | 1h | 741.02 | −0.070% | $4.2M | $1.8M | 20x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 742.00 | +0.062% | $7.7M | $15.6M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 742.39 | +0.115% | $36.8M | $80.0M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 740.98 | −0.076% | $690K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 743.05 | +0.204% | — | $337K | 50x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0074% | 1h | 741.88 | +0.046% | $424K | $152K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0082% | 8h | 742.19 | +0.088% | $320K | $2.0M | 10x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 741.71 | +0.023% | $3.4M | $357K | 20x | as long as short |
| ApeX Omni QQQUSDTlong | +0.0100% | 1h | 741.54 | long leg | $20K | $2.2M | 50x | |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 741.81 | +0.036% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 741.30 | −0.032% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0124% | 1h | 741.69 | +0.020% | $1.5M | $765K | 20x | as long as short |
| Phoenix QQQ | +0.0129% | 1h | 741.58 | +0.005% | $38K | $66K | 20x | as long as short |
| edgeX QQQUSDC | +0.0806% | 4h | 741.79 | +0.034% | $758K | $334K | 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
Deribit QQQ_USDC-PERPETUAL
GRVT QQQ_USDT_Perp
KuCoin QQQUSDTM
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Nado QQQ-PERP
Phoenix QQQ
edgeX QQQUSDC