Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%
Price spread now: ApeX Omni against HTX−0.007%76s7-day average −0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$370.370% of the position
Funding, last 7 days+0.210%+$21 on $10k
+Price spread, last 3 days (all we have)−0.028%−$3 · spread now −0.007%, 7d avg −0.050%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and ApeX Omni is 0.043% dearer against HTX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.050%. The two prices were read 76 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 | HTX QQQ-USDT | 743.15 | 0 | get 0.0000% / 8h | 14m 09s | $257K | $25K | 30x |
| Short | ApeX Omni QQQUSDT | 743.10 | 0.0100 | get 0.0013% / 1h | 14m 09s | $20K | $2.2M | 50x |
HTX QQQ-USDT
ApeX Omni QQQUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against HTX. 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: −0.007% → −0.050%
- $4.31
- Slippage, 4 orders
- −$15
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$11.7
- Costs to cover
- 0.370%
- Break-even
- 10.9 days
Slippage from HTX: live order book, 62 min ago; ApeX Omni: 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 HTX live order book, 62 min ago | 2.69 bp | 8.7 bp −$9 | 9.9 bp −$99 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 5 min ago | 3.77 bp | 9.8 bp −$10 | 23.9 bp −$239 | 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 −0.0077% / S +0.0186% | 1h | 743.60 | +0.060% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0042% | 1h | 742.08 | −0.144% | $4.2M | $2.1M | 20x | as long as short |
| BloFin QQQ-USDT | −0.0011% | 8h | 743.09 | −0.008% | $1.1M | $320K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 743.36 | +0.028% | $845K | $783K | 20x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 743.39 | +0.032% | $21.5M | $27.6M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 743.20 | +0.007% | $3.1M | $32.8M | 50x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 744.03 | +0.118% | $2K | $2.3M | 10x | as long as short |
| HTX QQQ-USDTlong | 0.0000% | 8h | 743.15 | long leg | $257K | $25K | 30x | |
| Phemex QQQUSDT | 0.0000% | 8h | 743.98 | +0.112% | $364K | $1.4M | 10x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 743.69 | +0.073% | $37.5M | $80.6M | 50x | as long as short |
GMX QQQ/USD [ETH-USDC]
Ondo Perps QQQ-USD.P
BloFin QQQ-USDT
Aster QQQUSDT
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
SunX QQQ-USDT
Phemex QQQUSDT
Lighter RH QQQShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus QQQ-USD | +0.0040% | 1h | 742.87 | −0.038% | $747K | $1.5M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 744.00 | +0.114% | — | $621K | 50x | as long as short |
| Variational Omni QQQ | +0.0046% | 8h | 743.47 | +0.043% | $17.6M | $10.3M | — | as long as short |
| Lighter QQQ | +0.0064% | 1h | 743.37 | +0.030% | $7.6M | $20.9M | 30x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0072% | 1h | 742.85 | −0.040% | $1.2M | $865K | 20x | as long as short |
| Binance QQQUSDT | +0.0076% | 8h | 743.58 | +0.058% | $71.1M | $160.6M | 25x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 743.05 | −0.013% | $3.4M | $415K | 20x | as long as short |
| ApeX Omni QQQUSDTshort | +0.0100% | 1h | 743.10 | −0.007% | $20K | $2.2M | 50x | |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 743.23 | +0.011% | $12K | $21K | 20x | as long as short |
| Bybit QQQUSDT | +0.0101% | 8h | 743.63 | +0.065% | $10.7M | $5.2M | 50x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 742.85 | −0.041% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0172% | 1h | 743.06 | −0.012% | $1.5M | $1.3M | 20x | as long as short |
| Bitget QQQUSDT | +0.0181% | 8h | 743.62 | +0.063% | $16.9M | $7.0M | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0191% | 8h | 743.70 | +0.074% | $323K | $1.8M | 10x | as long as short |
| RISEx QQQ/USDC | +0.0193% | 1h | 743.68 | +0.071% | $5.4M | $8.9M | 25x | as long as short |
| Phoenix QQQ | +0.0194% | 1h | 743.10 | −0.007% | $38K | $73K | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0288% | 1h | 743.38 | +0.031% | $425K | $157K | 20x | as long as short |
| edgeX QQQUSDC | +0.0915% | 4h | 743.51 | +0.048% | $760K | $337K | 20x | as long as short |
Arcus QQQ-USD
Vest QQQ-USD-PERP
Variational Omni QQQ
Lighter QQQ
Coinbase International QQQ-PERP-INTX
Binance QQQUSDT
KuCoin QQQUSDTM
Orderly PERP_QQQ_USDC_mythos
Bybit QQQUSDT
Aevo QQQ-PERP
Nado QQQ-PERP
Bitget QQQUSDT
GRVT QQQ_USDT_Perp
RISEx QQQ/USDC
Phoenix QQQ
Deribit QQQ_USDC-PERPETUAL
edgeX QQQUSDC