Funding you earn now, next payment 00:00 UTC+0.0055%/8h= +6.1% APRpaid last 24h −0.009%
Price spread now: Bybit against Vest−0.050%7-day average −0.118% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.039%−$4 on $10k
+Price spread, last 3 days (all we have)+0.046%+$5 · spread now −0.050%, 7d avg −0.118%
=Together, before fees+0.007%+ Points / potential airdropVest: Active · farm board+$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Bybit is 0.068% dearer against Vest than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.118%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest QQQ-USD-PERP | 744.00 | 0.0046 | pay 0.0006% / 1h | 14m 11s | — | $621K | 50x |
| Short | Bybit QQQUSDT | 743.63 | 0.0101 | get 0.0101% / 8h | 14m 11s | $10.7M | $5.2M | 50x |
Vest QQQ-USD-PERP
Bybit QQQUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Vest. 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
- $11.62
- Price spread: −0.050% → −0.118%
- $6.78
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $5.4
- Costs to cover
- 0.130%
- Break-even
- 3.7 days
Slippage unknown: Vest: no order-book sample; Bybit: live order book, 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 Vest no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 4 min ago | 0.07 bp | 7.7 bp −$8 | 9.7 bp −$97 | 44.0 bp −$4,397 | doesn't fit |
Vest: 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 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 | −0.054% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0042% | 1h | 742.08 | −0.258% | $4.2M | $2.1M | 20x | as long as short |
| BloFin QQQ-USDT | −0.0011% | 8h | 743.09 | −0.122% | $1.1M | $320K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 743.36 | −0.086% | $845K | $783K | 20x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 743.39 | −0.082% | $21.5M | $27.6M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 743.20 | −0.108% | $3.1M | $32.8M | 50x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 744.03 | +0.004% | $2K | $2.3M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 743.15 | −0.114% | $257K | $25K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 743.98 | −0.003% | $364K | $1.4M | 10x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 743.69 | −0.042% | $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
HTX 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 | −0.152% | $747K | $1.5M | 25x | as long as short |
| Vest QQQ-USD-PERPlong | +0.0046% | 1h | 744.00 | long leg | — | $621K | 50x | |
| Variational Omni QQQ | +0.0046% | 8h | 743.47 | −0.072% | $17.6M | $10.3M | — | as long as short |
| Lighter QQQ | +0.0064% | 1h | 743.37 | −0.085% | $7.6M | $20.9M | 30x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0072% | 1h | 742.85 | −0.155% | $1.2M | $865K | 20x | as long as short |
| Binance QQQUSDT | +0.0076% | 8h | 743.58 | −0.056% | $71.1M | $160.6M | 25x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 743.05 | −0.128% | $3.4M | $415K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 743.10 | −0.121% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 743.23 | −0.103% | $12K | $21K | 20x | as long as short |
| Bybit QQQUSDTshort | +0.0101% | 8h | 743.63 | −0.050% | $10.7M | $5.2M | 50x | |
| Aevo QQQ-PERP | +0.0104% | 1h | 742.85 | −0.155% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0172% | 1h | 743.06 | −0.126% | $1.5M | $1.3M | 20x | as long as short |
| Bitget QQQUSDT | +0.0181% | 8h | 743.62 | −0.051% | $16.9M | $7.0M | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0191% | 8h | 743.70 | −0.040% | $323K | $1.8M | 10x | as long as short |
| RISEx QQQ/USDC | +0.0193% | 1h | 743.68 | −0.044% | $5.4M | $8.9M | 25x | as long as short |
| Phoenix QQQ | +0.0194% | 1h | 743.10 | −0.121% | $38K | $73K | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0288% | 1h | 743.38 | −0.083% | $425K | $157K | 20x | as long as short |
| edgeX QQQUSDC | +0.0915% | 4h | 743.51 | −0.066% | $760K | $337K | 20x | as long as short |
Arcus QQQ-USD
Variational Omni QQQ
Lighter QQQ
Coinbase International QQQ-PERP-INTX
Binance QQQUSDT
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Nado QQQ-PERP
Bitget QQQUSDT
GRVT QQQ_USDT_Perp
RISEx QQQ/USDC
Phoenix QQQ
Deribit QQQ_USDC-PERPETUAL
edgeX QQQUSDC