Funding you earn now, next payment 08:00 UTC+0.0029%/8h= +3.2% APRnext payment +$0.29 per $10,000 · paid last 24h +0.006%
Price spread now: Binance against Variational Omni+0.047%7-day average +0.013% · 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)−0.100%−$10 on $10k
+Price spread, last 2 days (all we have)−0.012%−$1 · spread now +0.047%, 7d avg +0.013%
=Together, before fees−0.112%+ Points / potential airdropVariational Omni: Active · farm board−$11 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Binance is 0.035% dearer against Variational Omni than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.013%. Mind the row above: over the last 3 days funding on this pair cost −0.100%, 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 | Variational Omni QQQ | 743.94 | 0.0039 | pay 0.0039% / 8h | 7h 49m | $17.1M | $10.8M | — |
| Short | Binance QQQUSDT | 744.29 | 0.0068 | get 0.0068% / 8h | 7h 49m | $71.0M | $155.0M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Variational Omni. 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
- $6.14
- Price spread: +0.047% → +0.013%
- $3.48
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$0.38
- Costs to cover
- 0.100%
- Break-even
- 7.4 days
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; Binance: live order book, 8 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 Variational Omni RFQ quote, 4 min ago | 1.90 bp | doesn't fit | 2.0 bp −$20 | 9.8 bp −$976 | doesn't fit |
| Sell Binance live order book, 8 min ago | 0.07 bp | 5.1 bp −$5 | 5.1 bp −$51 | 9.1 bp −$910 | 27.9 bp −$14.0K |
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 | −0.0367% | 1h | 742.38 | −0.210% | $4.2M | $2.0M | 20x | as long as short |
| GMX QQQ/USD [ETH-USDC] | L −0.0082% / S +0.0190% | 1h | 744.16 | +0.030% | $25K | — | 26x | as long as short |
| BloFin QQQ-USDT | −0.0029% | 8h | 743.81 | −0.017% | $1.0M | $318K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 743.68 | −0.035% | $841K | $758K | 20x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 744.17 | +0.031% | $21.5M | $25.4M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 743.84 | −0.013% | $3.2M | $26.5M | 50x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 744.60 | +0.089% | $2K | $2.3M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 743.15 | −0.106% | $257K | $28K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 744.24 | +0.040% | $360K | $1.4M | 10x | as long as short |
| Bybit QQQUSDT | +0.0022% | 8h | 744.38 | +0.059% | $10.7M | $4.9M | 50x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter QQQ | +0.0032% | 1h | 743.95 | +0.001% | $7.6M | $18.1M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 744.31 | +0.050% | $37.4M | $78.7M | 50x | as long as short |
| Variational Omni QQQlong | +0.0039% | 8h | 743.94 | long leg | $17.1M | $10.8M | — | |
| Arcus QQQ-USD | +0.0040% | 1h | 743.15 | −0.106% | $746K | $1.5M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 744.61 | +0.090% | — | $388K | 50x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0064% | 1h | 743.52 | −0.056% | $1.2M | $626K | 20x | as long as short |
| Binance QQQUSDTshort | +0.0068% | 8h | 744.29 | +0.047% | $71.0M | $155.0M | 25x | |
| KuCoin QQQUSDTM | +0.0100% | 8h | 743.83 | −0.015% | $3.4M | $413K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 743.50 | −0.059% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 743.84 | −0.013% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 743.36 | −0.079% | $93K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0109% | 1h | 743.66 | −0.038% | $1.5M | $1.2M | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0140% | 1h | 743.93 | −0.001% | $425K | $147K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0165% | 8h | 744.03 | +0.013% | $327K | $1.8M | 10x | as long as short |
| Bitget QQQUSDT | +0.0173% | 8h | 744.27 | +0.044% | $16.9M | $6.6M | 20x | as long as short |
| RISEx QQQ/USDC | +0.0208% | 1h | 744.10 | +0.022% | $5.5M | $9.0M | 25x | as long as short |
| Phoenix QQQ | +0.0258% | 1h | 743.65 | −0.039% | $38K | $66K | 20x | as long as short |
| edgeX QQQUSDC | +0.0496% | 4h | 743.85 | −0.012% | $761K | $336K | 20x | as long as short |
Variational Omni QQQ
Binance QQQUSDT
GMX QQQ/USD [ETH-USDC]
BloFin QQQ-USDT
Aster QQQUSDT
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDT
Bybit QQQUSDT
Lighter QQQ
Lighter RH QQQ
Coinbase International QQQ-PERP-INTX
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Deribit QQQ_USDC-PERPETUAL
GRVT QQQ_USDT_Perp
Bitget QQQUSDT
RISEx QQQ/USDC
Phoenix QQQ
edgeX QQQUSDC