Funding you earn now, next payment 08:00 UTC+0.0003%/8h= +0.3% APRnext payment +$0.03 per $10,000 · paid last 24h +0.021%
Price spread now: Binance against Aster+0.010%7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$200.201% of the position
Funding, last 7 days−0.073%−$7 on $10k
+Price spread, last 4 days (all we have)+0.075%+$8 · spread now +0.010%, 7d avg +0.012%
=Together, before fees+0.003%+ Points / potential airdropAster: Stage 5 · farm board$0 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster QQQUSDT | 742.07 | 0 | get 0.0000% / 8h | 1h 29m | $823K | $858K | 20x |
| Short | Binance QQQUSDT | 742.15 | 0.0003 | get 0.0003% / 8h | 1h 29m | $70.1M | $144.5M | 25x |
Aster QQQUSDT
Binance QQQUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Aster. 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
- $0.53
- Price spread: +0.010% → +0.012%
- −$0.2
- Slippage, 4 orders
- −$2.14
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$19.81
- Costs to cover
- 0.201%
- Break-even
- 271.2 days
Slippage from Aster: live order book, 13 min ago; Binance: live order book, 14 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 Aster live order book, 13 min ago | 0.54 bp | 5.5 bp −$5 | 6.2 bp −$62 | 28.9 bp −$2,890 | doesn't fit |
| Sell Binance live order book, 14 min ago | 0.07 bp | 5.1 bp −$5 | 5.9 bp −$59 | 10.5 bp −$1,052 | 25.3 bp −$12.6K |
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 −0.0160% / S +0.0252% | 1h | 741.82 | −0.035% | $25K | — | 26x | as long as short |
| Gate QQQ_USDT | −0.0020% | 8h | 741.40 | −0.091% | $3.3M | $21.5M | 50x | as long as short |
| BloFin QQQ-USDT | −0.0017% | 8h | 741.60 | −0.064% | $1.1M | $277K | 20x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0004% | 1h | 740.66 | −0.190% | $4.2M | $1.8M | 20x | as long as short |
| Aster QQQUSDTlong | 0.0000% | 8h | 742.07 | long leg | $823K | $858K | 20x | |
| Bybit QQQUSDT | 0.0000% | 8h | 742.17 | +0.013% | $10.5M | $5.2M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 741.81 | −0.035% | $21.5M | $28.4M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 741.60 | −0.064% | $5.5M | $6.3M | 25x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 742.26 | +0.025% | $16.6M | $5.4M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 741.69 | −0.052% | $16.9M | $7.3M | — | as long as short |
GMX QQQ/USD [ETH-USDC]
Gate QQQ_USDT
BloFin QQQ-USDT
Ondo Perps QQQ-USD.P
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 | 742.46 | +0.052% | $2K | $1.8M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 741.94 | −0.018% | $250K | $41K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 742.06 | −0.002% | $362K | $1.6M | 10x | as long as short |
| Binance QQQUSDTshort | +0.0003% | 8h | 742.15 | +0.010% | $70.1M | $144.5M | 25x | |
| Coinbase International QQQ-PERP-INTX | +0.0016% | 1h | 741.36 | −0.096% | $1.2M | $547K | 20x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 741.82 | −0.034% | $7.7M | $15.5M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 742.22 | +0.020% | $37.0M | $80.4M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 740.95 | −0.151% | $686K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 742.94 | +0.117% | — | $337K | 50x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 741.58 | −0.066% | $3.4M | $352K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 741.39 | −0.092% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 741.59 | −0.065% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 741.11 | −0.130% | $92K | $1K | 10x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0115% | 8h | 741.97 | −0.013% | $322K | $2.0M | 10x | as long as short |
| Nado QQQ-PERP | +0.0134% | 1h | 741.49 | −0.079% | $1.5M | $764K | 20x | as long as short |
| Phoenix QQQ | +0.0205% | 1h | 741.41 | −0.089% | $38K | $66K | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0222% | 1h | 741.73 | −0.046% | $424K | $154K | 20x | as long as short |
| edgeX QQQUSDC | +0.0956% | 4h | 741.64 | −0.058% | $758K | $336K | 20x | as long as short |
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDT
Coinbase International QQQ-PERP-INTX
Lighter QQQ
Lighter RH QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
GRVT QQQ_USDT_Perp
Nado QQQ-PERP
Phoenix QQQ
Deribit QQQ_USDC-PERPETUAL
edgeX QQQUSDC