Funding you earn now, next payment 10:00 UTC+0.0303%/8h= +33.1% APRnext payment +$0.38 per $10,000 · paid last 24h +0.044%
Price spread now: ApeX Omni against GMX−0.143%52s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. ApeX Omni is 0.143% cheaper against GMX than usual: you would sell low and buy high (spread −0.143% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$14 on $10k: about 38 hours of funding at the current rate (+$9 a day). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX QQQ/USD [ETH-USDC] | 743.64 | L −0.0203% / S +0.0285% | get 0.0025% / 1h | 59m 18s | $25K | — | 26x |
| Short | ApeX Omni QQQUSDT | 742.58 | 0.0100 | get 0.0013% / 1h | 59m 18s | $20K | $2.2M | 50x |
GMX QQQ/USD [ETH-USDC]
ApeX Omni QQQUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against GMX. 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
- $63.57
- Price spread: −0.143% → 0.000%
- −$14.32
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- $27.24
- Costs to cover
- 0.220%
- Break-even
- 4.0 days
Slippage unknown: GMX: no order-book sample; ApeX Omni: live order book, 3 min ago. Net counts fees only.
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 GMX no order-book sample | — | — | — | — | — |
| Sell ApeX Omni live order book, 3 min ago | 3.77 bp | 10.4 bp −$10 | 38.7 bp −$387 | doesn't fit | doesn't fit |
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
QQQ on 28 exchanges
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]long | L −0.0203% / S +0.0285% | 1h | 743.64 | long leg | $25K | — | 26x | |
| Aster QQQUSDT | 0.0000% | 8h | 743.25 | −0.053% | $855K | $903K | 20x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 743.02 | −0.084% | $21.7M | $30.2M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 743.05 | −0.079% | $5.5M | $5.7M | 25x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 742.78 | −0.116% | $3.5M | $19.8M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 743.26 | −0.052% | $17.0M | $5.9M | 20x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 743.96 | +0.042% | $2K | $1.6M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 743.48 | −0.022% | $251K | $38K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 743.52 | −0.017% | $361K | $1.6M | 10x | as long as short |
| Ondo Perps QQQ-USD.P | +0.0001% | 1h | 742.28 | −0.184% | $4.2M | $1.8M | 20x | as long as short |
Aster QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Gate QQQ_USDT
Bitget QQQUSDT
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDT
Ondo Perps QQQ-USD.PShow all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin QQQ-USDT | +0.0027% | 8h | 742.95 | −0.093% | $1.1M | $230K | 20x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 742.79 | −0.115% | $7.5M | $15.0M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 743.40 | −0.033% | $38.5M | $76.0M | 50x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0032% | 1h | 742.73 | −0.123% | $1.2M | $540K | 20x | as long as short |
| Variational Omni QQQ | +0.0036% | 8h | 742.92 | −0.097% | $16.8M | $7.0M | — | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 742.27 | −0.185% | $658K | $1.4M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 743.99 | +0.046% | — | $337K | 50x | as long as short |
| Bybit QQQUSDT | +0.0055% | 8h | 743.38 | −0.036% | $10.6M | $4.8M | 50x | as long as short |
| Binance QQQUSDT | +0.0064% | 8h | 743.19 | −0.061% | $71.6M | $145.8M | 25x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 742.63 | −0.136% | $3.4M | $461K | 20x | as long as short |
| ApeX Omni QQQUSDTshort | +0.0100% | 1h | 742.58 | −0.143% | $20K | $2.2M | 50x | |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 742.94 | −0.095% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 742.39 | −0.169% | $92K | $1K | 10x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0114% | 1h | 742.78 | −0.116% | $399K | $148K | 20x | as long as short |
| edgeX QQQUSDC | +0.0166% | 4h | 742.84 | −0.109% | $760K | $337K | 20x | as long as short |
| Nado QQQ-PERP | +0.0168% | 1h | 742.98 | −0.090% | $1.6M | $769K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0208% | 8h | 743.29 | −0.048% | $319K | $2.0M | 10x | as long as short |
| Phoenix QQQ | +0.0280% | 1h | 742.89 | −0.102% | $38K | $59K | 20x | as long as short |
BloFin QQQ-USDT
Lighter QQQ
Lighter RH QQQ
Coinbase International QQQ-PERP-INTX
Variational Omni QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
Bybit QQQUSDT
Binance QQQUSDT
KuCoin QQQUSDTM
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Deribit QQQ_USDC-PERPETUAL
edgeX QQQUSDC
Nado QQQ-PERP
GRVT QQQ_USDT_Perp
Phoenix QQQ