Funding you earn now, next payment 03:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h −0.026%
Price spread now: ApeX Omni against RISEx−0.060%7-day average −0.074% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$260.261% of the position
Funding, last 4 days (all we have)−0.095%−$9 on $10k
+Price spread, last 7 days+0.010%+$1 · spread now −0.060%, 7d avg −0.074%
=The price spread sits at its 7-day average of −0.074%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. Mind the row above: over the last 4 days funding on this pair cost −0.095%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx QQQ/USDC | 744.06 | 0 | get 0.0000% / 1h | 22m 53s | $5.4M | $7.5M | 25x |
| Short | ApeX Omni QQQUSDT | 743.61 | 0.0100 | get 0.0013% / 1h | 22m 53s | $20K | $2.2M | 50x |
RISEx QQQ/USDC
ApeX Omni QQQUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against RISEx. 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: −0.060% → −0.074%
- $1.39
- Slippage, 4 orders
- −$10.05
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$3.66
- Costs to cover
- 0.261%
- Break-even
- 8.2 days
Slippage from RISEx: live order book, 1 min ago; ApeX Omni: live order book, 1 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 RISEx live order book, 1 min ago | 0.07 bp | 3.6 bp −$4 | 4.5 bp −$45 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 1 min ago | 3.77 bp | 9.8 bp −$10 | 27.7 bp −$277 | 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 −0.0112% / S +0.0214% | 1h | 744.02 | −0.004% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0054% | 1h | 742.77 | −0.173% | $4.2M | $1.8M | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 744.03 | −0.004% | $841K | $713K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 744.12 | +0.008% | $10.7M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 743.96 | −0.013% | $21.7M | $26.3M | 50x | as long as short |
| RISEx QQQ/USDClong | 0.0000% | 1h | 744.06 | long leg | $5.4M | $7.5M | 25x | |
| Gate QQQ_USDT | 0.0000% | 8h | 743.58 | −0.064% | $3.3M | $21.2M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 744.33 | +0.037% | $16.9M | $5.7M | 20x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 744.46 | +0.054% | $2K | $2.0M | 10x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | 0.0000% | 1h | 743.70 | −0.048% | $425K | $149K | 20x | as long as short |
GMX QQQ/USD [ETH-USDC]
Ondo Perps QQQ-USD.P
Aster QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
Bitget QQQUSDT
SunX QQQ-USDT
Deribit QQQ_USDC-PERPETUALShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX QQQ-USDT | 0.0000% | 8h | 744.26 | +0.027% | $257K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 744.31 | +0.034% | $361K | $1.5M | 10x | as long as short |
| BloFin QQQ-USDT | +0.0008% | 8h | 743.97 | −0.012% | $1.1M | $303K | 20x | as long as short |
| Variational Omni QQQ | +0.0032% | 8h | 743.92 | −0.018% | $17.1M | $7.5M | — | as long as short |
| Lighter QQQ | +0.0032% | 1h | 743.86 | −0.027% | $7.7M | $17.1M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 744.30 | +0.033% | $37.2M | $79.5M | 50x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0032% | 1h | 743.51 | −0.074% | $1.2M | $534K | 20x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 743.10 | −0.129% | $694K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 744.99 | +0.125% | — | $337K | 50x | as long as short |
| Binance QQQUSDT | +0.0062% | 8h | 744.08 | +0.002% | $71.2M | $143.2M | 25x | as long as short |
| Nado QQQ-PERP | +0.0089% | 1h | 743.66 | −0.054% | $1.5M | $920K | 20x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 743.77 | −0.039% | $3.4M | $405K | 20x | as long as short |
| ApeX Omni QQQUSDTshort | +0.0100% | 1h | 743.61 | −0.060% | $20K | $2.2M | 50x | |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 743.73 | −0.044% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 743.19 | −0.117% | $92K | $1K | 10x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0140% | 8h | 744.18 | +0.016% | $319K | $1.9M | 10x | as long as short |
| Phoenix QQQ | +0.0161% | 1h | 743.64 | −0.056% | $38K | $66K | 20x | as long as short |
| edgeX QQQUSDC | +0.0742% | 4h | 743.88 | −0.023% | $761K | $334K | 20x | as long as short |
HTX QQQ-USDT
Phemex QQQUSDT
BloFin QQQ-USDT
Variational Omni QQQ
Lighter QQQ
Lighter RH QQQ
Coinbase International QQQ-PERP-INTX
Arcus QQQ-USD
Vest QQQ-USD-PERP
Binance QQQUSDT
Nado QQQ-PERP
KuCoin QQQUSDTM
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
GRVT QQQ_USDT_Perp
Phoenix QQQ
edgeX QQQUSDC