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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0016%/8h= −1.8% APRnext payment $0.02 per $10,000 · paid last 24h −0.010%
Price spread now: Coinbase International against Aevo+0.038%7-day average · you sell dearer than you buy
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 7 days+0.063%+$6 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Coinbase International is 0.038% dearer against Aevo than usual: you sell high and buy low (spread +0.038% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 7.8 days. Mind the row above: over the last 7 days funding on this pair paid +0.063%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo QQQ-PERP741.770.0104pay 0.0013% / 1h16m 03s$92K$1K10x
ShortCoinbase International QQQ-PERP-INTX742.050.0088get 0.0011% / 1h16m 03s$1.2M$866K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Aevo. 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
−$3.36
Price spread: +0.038% → 0.000%
$3.77
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$25.59
Costs to cover
0.260%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; Coinbase International: live order book, 2 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 Aevo no order-book sample
Sell Coinbase International live order book, 2 min ago0.07 bp5.8 bp −$67.1 bp −$7149.8 bp −$4,977doesn't fit
Aevo: 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 −0.0073% / S +0.0184%1h742.47+0.094%$25K26xas long as short
Ondo Perps QQQ-USD.P−0.0042%1h741.35−0.057%$4.2M$2.1M20xas long as short
BloFin QQQ-USDT−0.0028%8h742.22+0.061%$1.0M$479K20xas long as short
Aster QQQUSDT0.0000%8h742.31+0.073%$840K$780K20xas long as short
OKX QQQ-USDT-SWAP0.0000%8h742.23+0.062%$21.5M$27.8M50xas long as short
Gate QQQ_USDT0.0000%8h742.03+0.035%$3.1M$32.8M50xas long as short
SunX QQQ-USDT0.0000%8h742.88+0.150%$2K$2.4M10xas long as short
Deribit QQQ_USDC-PERPETUAL0.0000%1h742.11+0.046%$424K$227K20xas long as short
HTX QQQ-USDT0.0000%8h742.83+0.143%$257K$26K30xas long as short
Phemex QQQUSDT0.0000%8h742.82+0.141%$356K$1.4M10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH QQQ+0.0032%1h742.67+0.121%$37.7M$81.8M50xas long as short
Lighter QQQ+0.0040%1h742.32+0.074%$7.8M$21.6M30xas long as short
Arcus QQQ-USD+0.0040%1h741.72−0.007%$737K$1.4M25xas long as short
Variational Omni QQQ+0.0040%8h742.53+0.103%$17.2M$10.0Mas long as short
Vest QQQ-USD-PERP+0.0046%1h742.98+0.163%$621K50xas long as short
Binance QQQUSDT+0.0068%8h742.46+0.093%$69.7M$159.9M25xas long as short
Coinbase International QQQ-PERP-INTXshort+0.0088%1h742.05+0.038%$1.2M$866K20x
Bybit QQQUSDT+0.0088%8h742.41+0.086%$10.7M$5.3M50xas long as short
KuCoin QQQUSDTM+0.0100%8h742.08+0.042%$3.4M$431K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h742.26+0.066%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h741.14−0.085%$12K$20K20xas long as short
Aevo QQQ-PERPlong+0.0104%1h741.77long leg$92K$1K10x
Nado QQQ-PERP+0.0158%1h742.06+0.039%$1.5M$1.3M20xas long as short
GRVT QQQ_USDT_Perp+0.0170%8h742.70+0.125%$319K$1.8M10xas long as short
Bitget QQQUSDT+0.0195%8h742.46+0.093%$16.8M$7.0M20xas long as short
Phoenix QQQ+0.0259%1h742.12+0.047%$38K$73K20xas long as short
edgeX QQQUSDC+0.0270%4h742.52+0.101%$759K$336K20xas long as short
RISEx QQQ/USDC+0.0315%1h742.61+0.112%$5.3M$8.9M25xas long as short