Funding you earn now, next payment 08:00 UTC−0.0058%/8h= −6.4% APRnext payment −$0.58 per $10,000 · paid last 24h −0.010%
Price spread now: Variational Omni against KuCoin+0.048%7-day average +0.046% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.071%−$7 on $10k
+Price spread, last 7 days+0.027%+$3 · spread now +0.048%, 7d avg +0.046%
=Together, before fees−0.043%+ Points / potential airdropVariational Omni: Active · farm board−$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.046%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin QQQUSDTM | 743.91 | 0.0100 | pay 0.0100% / 8h | 7h 45m | $3.4M | $413K | 20x |
| Short | Variational Omni QQQ | 744.27 | 0.0042 | get 0.0042% / 8h | 7h 45m | $17.1M | $10.9M | — |
KuCoin QQQUSDTM
Variational Omni QQQFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against KuCoin. 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
- −$12.19
- Price spread: +0.048% → +0.046%
- $0.26
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$23.92
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 2 min ago; Variational Omni: RFQ quote, 4 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 KuCoin live order book, 2 min ago | 1.48 bp | 10.7 bp −$11 | 90.7 bp −$907 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 4 min ago | 1.89 bp | doesn't fit | 1.9 bp −$19 | 5.8 bp −$579 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps QQQ-USD.P | −0.0365% | 1h | 742.35 | −0.210% | $4.2M | $2.0M | 20x | as long as short |
| GMX QQQ/USD [ETH-USDC] | L −0.0083% / S +0.0191% | 1h | 744.38 | +0.063% | $25K | — | 26x | as long as short |
| BloFin QQQ-USDT | −0.0022% | 8h | 744.06 | +0.020% | $1.0M | $318K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 743.79 | −0.017% | $841K | $760K | 20x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 744.19 | +0.038% | $21.5M | $25.4M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 743.97 | +0.008% | $3.2M | $26.8M | 50x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 744.82 | +0.122% | $2K | $2.2M | 10x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | 0.0000% | 1h | 743.94 | +0.004% | $425K | $147K | 20x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 744.80 | +0.120% | $257K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 744.56 | +0.087% | $361K | $1.4M | 10x | as long as short |
Ondo Perps QQQ-USD.P
GMX QQQ/USD [ETH-USDC]
BloFin QQQ-USDT
Aster QQQUSDT
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
SunX QQQ-USDT
Deribit QQQ_USDC-PERPETUAL
HTX QQQ-USDT
Phemex QQQUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter QQQ | +0.0032% | 1h | 744.07 | +0.022% | $7.6M | $18.1M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 744.42 | +0.069% | $37.3M | $79.0M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 743.47 | −0.059% | $747K | $1.5M | 25x | as long as short |
| Variational Omni QQQshort | +0.0042% | 8h | 744.27 | +0.048% | $17.1M | $10.9M | — | |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 744.80 | +0.120% | — | $336K | 50x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0064% | 1h | 743.88 | −0.004% | $1.2M | $581K | 20x | as long as short |
| Binance QQQUSDT | +0.0072% | 8h | 744.38 | +0.063% | $71.0M | $154.9M | 25x | as long as short |
| KuCoin QQQUSDTMlong | +0.0100% | 8h | 743.91 | long leg | $3.4M | $413K | 20x | |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 743.97 | +0.008% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 744.11 | +0.027% | $12K | $21K | 20x | as long as short |
| Bybit QQQUSDT | +0.0104% | 8h | 744.47 | +0.075% | $10.7M | $4.9M | 50x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 743.51 | −0.053% | $93K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0118% | 1h | 743.83 | −0.010% | $1.5M | $1.2M | 20x | as long as short |
| Bitget QQQUSDT | +0.0181% | 8h | 744.41 | +0.067% | $16.9M | $6.6M | 20x | as long as short |
| RISEx QQQ/USDC | +0.0208% | 1h | 744.34 | +0.058% | $5.5M | $9.0M | 25x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0219% | 8h | 744.39 | +0.064% | $327K | $1.8M | 10x | as long as short |
| Phoenix QQQ | +0.0258% | 1h | 743.91 | 0.000% | $38K | $66K | 20x | as long as short |
| edgeX QQQUSDC | +0.0995% | 4h | 744.25 | +0.046% | $761K | $336K | 20x | as long as short |
Lighter QQQ
Lighter RH QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
Coinbase International QQQ-PERP-INTX
Binance QQQUSDT
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Bybit QQQUSDT
Aevo QQQ-PERP
Nado QQQ-PERP
Bitget QQQUSDT
RISEx QQQ/USDC
GRVT QQQ_USDT_Perp
Phoenix QQQ
edgeX QQQUSDC