Funding you earn now, next payment 05:00 UTC+0.0010%/8h= +1.1% APRpaid last 24h +0.051%
Price spread now: RISEx against Aster+0.006%7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$170.171% of the position
Funding, last 4 days (all we have)+0.195%+$19 on $10k
+Price spread, last 4 days (all we have)+0.025%+$2 · spread now +0.006%, 7d avg +0.037%
=Together, before fees+0.219%+ Points / potential airdropAster: Stage 5 · farm board+$22 on $10k · with fees, hour by hour
Funding pays, the price is against you. RISEx is 0.032% cheaper against Aster than usual: you would sell low and buy high (spread +0.006% now, against its 7-day average of +0.037%). If the spread goes back, that is −$3 on $10k: about 10 days of funding at the current rate ($0 a day). At the pace of the last 4 days (+0.195% in total) that is about 14 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster QQQUSDT | 742.75 | 0 | get 0.0000% / 8h | 3h 03m | $824K | $857K | 20x |
| Short | RISEx QQQ/USDC | 742.79 | 0.0010 | get 0.0001% / 1h | 3m 41s | $5.4M | $7.2M | 25x |
Aster QQQUSDT
RISEx QQQ/USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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
- $2.11
- Price spread: +0.006% → +0.037%
- −$3.15
- Slippage, 4 orders
- −$3.09
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- −$18.12
- Costs to cover
- 0.171%
- Break-even
- 67.0 days
Slippage from Aster: live order book, 49 min ago; RISEx: live order book, 5 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, 49 min ago | 0.81 bp | 4.9 bp −$5 | 5.7 bp −$57 | 66.6 bp −$6,659 | doesn't fit |
| Sell RISEx live order book, 5 min ago | 0.07 bp | 3.1 bp −$3 | 3.7 bp −$37 | 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 −0.0141% / S +0.0237% | 1h | 742.84 | +0.012% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0010% | 1h | 741.70 | −0.141% | $4.2M | $1.8M | 20x | as long as short |
| Aster QQQUSDTlong | 0.0000% | 8h | 742.75 | long leg | $824K | $857K | 20x | |
| Binance QQQUSDT | 0.0000% | 8h | 742.76 | +0.002% | $69.9M | $143.8M | 25x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 742.77 | +0.003% | $10.7M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 742.50 | −0.033% | $21.6M | $27.4M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 742.12 | −0.084% | $3.3M | $21.3M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 742.89 | +0.019% | $16.7M | $5.6M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 742.76 | +0.001% | $17.1M | $7.2M | — | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 743.29 | +0.073% | $1K | $1.9M | 10x | as long as short |
GMX QQQ/USD [ETH-USDC]
Ondo Perps QQQ-USD.P
Binance QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
Bitget QQQUSDT
Variational Omni QQQ
SunX QQQ-USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit QQQ_USDC-PERPETUAL | 0.0000% | 1h | 742.46 | −0.039% | $424K | $151K | 20x | as long as short |
| Coinbase International QQQ-PERP-INTX | 0.0000% | 1h | 742.27 | −0.064% | $1.2M | $538K | 20x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 742.85 | +0.014% | $257K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 743.07 | +0.044% | $362K | $1.6M | 10x | as long as short |
| RISEx QQQ/USDCshort | +0.0010% | 1h | 742.79 | +0.006% | $5.4M | $7.2M | 25x | |
| BloFin QQQ-USDT | +0.0022% | 8h | 742.86 | +0.015% | $1.1M | $246K | 20x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 742.55 | −0.026% | $7.6M | $15.9M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 743.05 | +0.041% | $37.0M | $79.6M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 742.02 | −0.098% | $703K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 743.73 | +0.132% | — | $337K | 50x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0073% | 8h | 742.97 | +0.030% | $320K | $1.9M | 10x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 742.48 | −0.036% | $3.4M | $345K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 742.35 | −0.053% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 742.58 | −0.022% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 742.06 | −0.093% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0105% | 1h | 742.36 | −0.052% | $1.5M | $763K | 20x | as long as short |
| Phoenix QQQ | +0.0118% | 1h | 742.50 | −0.033% | $38K | $66K | 20x | as long as short |
| edgeX QQQUSDC | +0.0178% | 4h | 742.80 | +0.007% | $759K | $334K | 20x | as long as short |
Deribit QQQ_USDC-PERPETUAL
Coinbase International QQQ-PERP-INTX
HTX QQQ-USDT
Phemex QQQUSDT
BloFin QQQ-USDT
Lighter QQQ
Lighter RH QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
GRVT QQQ_USDT_Perp
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Nado QQQ-PERP
Phoenix QQQ
edgeX QQQUSDC