Funding you earn now, next payment 08:00 UTC−0.0311%/8h= −34.1% APRnext payment −$0.39 per $10,000 · paid last 24h −0.049%
Price spread now: GMX against Vest−0.119%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and GMX is 0.119% cheaper against Vest than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest QQQ-USD-PERP | 742.81 | 0.0046 | pay 0.0006% / 1h | 4m 06s | — | $337K | 50x |
| Short | GMX QQQ/USD [ETH-USDC] | 741.92 | L −0.0178% / S +0.0266% | pay 0.0033% / 1h | 4m 06s | $25K | — | 26x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX 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
- −$65.4
- Price spread: −0.119% → 0.000%
- −$11.91
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$91.32
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Vest: no order-book sample; GMX: no order-book sample. 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 GMX no order-book sample | — | — | — | — | — |
Vest and GMX: 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]short | L −0.0178% / S +0.0266% | 1h | 741.92 | −0.119% | $25K | — | 26x | |
| Ondo Perps QQQ-USD.P | −0.0112% | 1h | 740.83 | −0.267% | $4.2M | $1.8M | 20x | as long as short |
| Gate QQQ_USDT | −0.0095% | 8h | 741.29 | −0.205% | $3.3M | $21.7M | 50x | as long as short |
| BloFin QQQ-USDT | −0.0003% | 8h | 741.56 | −0.168% | $1.1M | $275K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 741.83 | −0.131% | $824K | $864K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 741.85 | −0.129% | $10.7M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 741.67 | −0.153% | $21.5M | $28.4M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 741.62 | −0.160% | $5.4M | $5.9M | 25x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 741.94 | −0.117% | $16.5M | $5.3M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 741.74 | −0.143% | $16.8M | $7.2M | — | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX QQQ-USDT | 0.0000% | 8h | 742.23 | −0.078% | $2K | $1.7M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 742.03 | −0.105% | $251K | $41K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 742.22 | −0.079% | $359K | $1.6M | 10x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0016% | 1h | 741.19 | −0.218% | $1.2M | $487K | 20x | as long as short |
| Binance QQQUSDT | +0.0026% | 8h | 741.91 | −0.122% | $70.3M | $140.5M | 25x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 741.70 | −0.149% | $7.7M | $15.4M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 742.04 | −0.104% | $37.4M | $81.7M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 740.90 | −0.257% | $647K | $1.7M | 25x | as long as short |
| Vest QQQ-USD-PERPlong | +0.0046% | 1h | 742.81 | long leg | — | $337K | 50x | |
| KuCoin QQQUSDTM | +0.0100% | 8h | 741.41 | −0.188% | $3.4M | $357K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 741.25 | −0.210% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 741.59 | −0.164% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 741.09 | −0.232% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0139% | 1h | 741.38 | −0.193% | $1.6M | $746K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0145% | 8h | 741.92 | −0.120% | $314K | $2.0M | 10x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0182% | 1h | 741.72 | −0.147% | $424K | $156K | 20x | as long as short |
| Phoenix QQQ | +0.0227% | 1h | 741.45 | −0.183% | $38K | $65K | 20x | as long as short |
| edgeX QQQUSDC | +0.0684% | 4h | 741.62 | −0.160% | $758K | $336K | 20x | as long as short |
GMX QQQ/USD [ETH-USDC]
Gate QQQ_USDT
BloFin QQQ-USDT
Aster QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Bitget QQQUSDT
Variational Omni QQQ
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDT
Coinbase International QQQ-PERP-INTX
Binance QQQUSDT
Lighter QQQ
Lighter RH QQQ
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
GRVT QQQ_USDT_Perp
Deribit QQQ_USDC-PERPETUAL
Phoenix QQQ
edgeX QQQUSDC