Funding you earn now, next payment 08:00 UTC+0.0211%/8h= +23.1% APRpaid last 24h +0.060%
Price spread now: edgeX against Aster−0.018%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$280.278% of the position
Funding, last 7 days+0.056%+$6 on $10k
+Price spread, last 4 days (all we have)+0.018%+$2 · spread now −0.018%, 7d avg −0.007%
=Together, before fees+0.074%+ Points / potential airdropAster: Stage 5 · edgeX: Active · farm board+$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.007%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.056% in total (about 2.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster QQQUSDT | 742.02 | 0 | get 0.0000% / 8h | 1h 43m | $823K | $858K | 20x |
| Short | edgeX QQQUSDC | 741.89 | 0.0211 | get 0.0105% / 4h | 1h 43m | $759K | $336K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $44.21
- Price spread: −0.018% → −0.007%
- −$1.11
- Slippage, 4 orders
- −$10.83
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $15.27
- Costs to cover
- 0.278%
- Break-even
- 4.6 days
Slippage from Aster: live order book, 64 min ago; edgeX: live order book, 65 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, 64 min ago | 0.88 bp | 5.5 bp −$6 | 5.8 bp −$58 | 26.7 bp −$2,673 | doesn't fit |
| Sell edgeX live order book, 65 min ago | 4.11 bp | 8.7 bp −$9 | 9.7 bp −$97 | 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 −0.0157% / S +0.0250% | 1h | 742.05 | +0.005% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0034% | 1h | 740.78 | −0.167% | $4.2M | $1.8M | 20x | as long as short |
| Aster QQQUSDTlong | 0.0000% | 8h | 742.02 | long leg | $823K | $858K | 20x | |
| Bybit QQQUSDT | 0.0000% | 8h | 741.97 | −0.006% | $10.5M | $5.2M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 741.89 | −0.017% | $21.5M | $28.4M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 741.98 | −0.005% | $5.5M | $6.3M | 25x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 741.34 | −0.091% | $3.3M | $21.5M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 742.18 | +0.022% | $16.6M | $5.6M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 741.92 | −0.014% | $16.9M | $7.3M | — | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 742.51 | +0.066% | $2K | $1.8M | 10x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX QQQ-USDT | 0.0000% | 8h | 742.64 | +0.084% | $251K | $41K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 742.32 | +0.041% | $361K | $1.6M | 10x | as long as short |
| Binance QQQUSDT | +0.0001% | 8h | 742.13 | +0.015% | $70.1M | $145.5M | 25x | as long as short |
| BloFin QQQ-USDT | +0.0012% | 8h | 741.74 | −0.037% | $1.1M | $278K | 20x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0016% | 1h | 741.73 | −0.039% | $1.2M | $550K | 20x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 741.83 | −0.025% | $7.6M | $15.4M | 30x | as long as short |
| Lighter RH QQQ | +0.0040% | 1h | 742.30 | +0.038% | $36.9M | $79.9M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 741.11 | −0.122% | $686K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 742.90 | +0.119% | — | $337K | 50x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 741.68 | −0.046% | $3.4M | $350K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 741.61 | −0.055% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 741.72 | −0.040% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 741.24 | −0.105% | $92K | $1K | 10x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0109% | 8h | 742.27 | +0.034% | $318K | $2.0M | 10x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0128% | 1h | 741.72 | −0.040% | $424K | $154K | 20x | as long as short |
| Nado QQQ-PERP | +0.0144% | 1h | 741.46 | −0.074% | $1.5M | $758K | 20x | as long as short |
| Phoenix QQQ | +0.0205% | 1h | 741.77 | −0.033% | $38K | $66K | 20x | as long as short |
| edgeX QQQUSDCshort | +0.0211% | 4h | 741.89 | −0.018% | $759K | $336K | 20x |
Aster QQQUSDT
edgeX QQQUSDC
GMX QQQ/USD [ETH-USDC]
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Gate QQQ_USDT
Bitget QQQUSDT
Variational Omni QQQ
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDT
Binance QQQUSDT
BloFin QQQ-USDT
Coinbase International QQQ-PERP-INTX
Lighter QQQ
Lighter RH QQQ
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
GRVT QQQ_USDT_Perp
Deribit QQQ_USDC-PERPETUAL
Phoenix QQQ