Settings8H · net · $10k
Funding arb · Price arb /

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h +0.006%
Price spread now: Variational Omni against Vest−0.140%7-day average −0.152% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.019%−$2 on $10k
Price spread, last 4 days (all we have)+0.088%+$9 · spread now −0.140%, 7d avg −0.152%
Together, before fees+0.068%+ Points / potential airdropVest: Active · Variational Omni: Active · farm board+$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.152%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest QQQ-USD-PERP742.610.0046pay 0.0006% / 1h7m 45s$337K50x
ShortVariational Omni QQQ741.570get 0.0000% / 8h7m 45s$16.8M$7.2M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Vest. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$9.59
Price spread: −0.140% → −0.152%
$1.24
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$10.36
Costs to cover
0.020%
Break-even
never at this rate
Slippage unknown: Vest: no order-book sample; Variational Omni: RFQ quote, 1 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Vest no order-book sample
Sell Variational Omni RFQ quote, 1 min ago1.89 bpdoesn't fit1.9 bp −$19doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX QQQ/USD [ETH-USDC]L −0.0177% / S +0.0265%1h741.71−0.122%$25K26xas long as short
Ondo Perps QQQ-USD.P−0.0123%1h740.66−0.263%$4.2M$1.8M20xas long as short
Gate QQQ_USDT−0.0094%8h741.21−0.189%$3.3M$21.7M50xas long as short
BloFin QQQ-USDT−0.0005%8h741.47−0.154%$1.1M$274K20xas long as short
Aster QQQUSDT0.0000%8h741.69−0.124%$824K$864K20xas long as short
Bybit QQQUSDT0.0000%8h741.68−0.125%$10.7M$5.0M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h741.35−0.170%$21.5M$28.3M50xas long as short
RISEx QQQ/USDC0.0000%1h741.49−0.151%$5.4M$5.9M25xas long as short
Bitget QQQUSDT0.0000%8h741.82−0.106%$16.5M$5.3M20xas long as short
Variational Omni QQQshort0.0000%8h741.57−0.140%$16.8M$7.2M
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX QQQ-USDT0.0000%8h742.04−0.077%$2K$1.7M10xas long as short
Deribit QQQ_USDC-PERPETUAL0.0000%1h741.37−0.167%$424K$156K20xas long as short
HTX QQQ-USDT0.0000%8h741.93−0.092%$250K$41K30xas long as short
Phemex QQQUSDT0.0000%8h742.04−0.077%$359K$1.6M10xas long as short
Coinbase International QQQ-PERP-INTX+0.0016%1h741.15−0.197%$1.2M$486K20xas long as short
Binance QQQUSDT+0.0025%8h741.67−0.127%$70.3M$140.6M25xas long as short
Lighter QQQ+0.0032%1h741.51−0.148%$7.7M$15.4M30xas long as short
Lighter RH QQQ+0.0032%1h741.79−0.110%$37.4M$81.4M50xas long as short
Arcus QQQ-USD+0.0040%1h740.84−0.238%$647K$1.7M25xas long as short
Vest QQQ-USD-PERPlong+0.0046%1h742.61long leg$337K50x
KuCoin QQQUSDTM+0.0100%8h741.28−0.179%$3.4M$355K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h741.13−0.199%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h741.46−0.155%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h740.97−0.221%$92K$1K10xas long as short
Nado QQQ-PERP+0.0140%1h741.25−0.184%$1.6M$744K20xas long as short
GRVT QQQ_USDT_Perp+0.0144%8h741.77−0.113%$314K$2.0M10xas long as short
Phoenix QQQ+0.0227%1h741.17−0.194%$38K$65K20xas long as short
edgeX QQQUSDC+0.0942%4h741.62−0.133%$758K$335K20xas long as short