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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0329%/8h= −36.0% APRnext payment $0.41 per $10,000 · paid last 24h −0.056%
Price spread now: GMX against Aevo+0.106%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. GMX is 0.106% dearer against Aevo than usual: you sell high and buy low (spread +0.106% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 26 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo QQQ-PERP743.570.0104pay 0.0013% / 1h17m 43s$93K$1K10x
ShortGMX QQQ/USD [ETH-USDC]744.36L −0.0125% / S +0.0225%pay 0.0028% / 1h17m 43s$25K26x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
−$69.01
Price spread: +0.106% → 0.000%
$10.61
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee GMX: 6 bp × 2 orders
−$12
Net
−$86.4
Costs to cover
0.280%
Break-even
never at this rate
Slippage unknown: Aevo: 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
LegHalf-spread$10k$100k$1M$5M
Buy Aevo no order-book sample
Sell GMX no order-book sample
Aevo 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps QQQ-USD.P−0.0149%1h743.30−0.036%$4.2M$1.8M20xas long as short
GMX QQQ/USD [ETH-USDC]shortL −0.0125% / S +0.0225%1h744.36+0.106%$25K26x
BloFin QQQ-USDT−0.0015%8h744.22+0.088%$1.1M$261K20xas long as short
Aster QQQUSDT0.0000%8h744.40+0.112%$841K$714K20xas long as short
Bybit QQQUSDT0.0000%8h744.40+0.112%$10.7M$5.0M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h744.17+0.081%$21.5M$26.9M50xas long as short
RISEx QQQ/USDC0.0000%1h744.46+0.121%$5.4M$7.4M25xas long as short
Gate QQQ_USDT0.0000%8h743.83+0.036%$3.3M$20.8M50xas long as short
Bitget QQQUSDT0.0000%8h744.55+0.132%$16.9M$5.7M20xas long as short
Variational Omni QQQ0.0000%8h744.50+0.125%$17.1M$7.4Mas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX QQQ-USDT0.0000%8h744.80+0.166%$1K$1.9M10xas long as short
HTX QQQ-USDT0.0000%8h744.93+0.183%$257K$29K30xas long as short
Phemex QQQUSDT0.0000%8h744.68+0.150%$360K$1.5M10xas long as short
Coinbase International QQQ-PERP-INTX+0.0008%1h743.80+0.031%$1.2M$537K20xas long as short
Binance QQQUSDT+0.0028%8h744.38+0.109%$71.0M$141.5M25xas long as short
Lighter QQQ+0.0032%1h744.26+0.093%$7.7M$16.4M30xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0032%1h744.10+0.072%$425K$150K20xas long as short
Arcus QQQ-USD+0.0040%1h743.78+0.029%$698K$1.6M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h745.38+0.244%$337K50xas long as short
Lighter RH QQQ+0.0048%1h744.70+0.153%$37.0M$79.6M50xas long as short
Nado QQQ-PERP+0.0091%1h744.12+0.074%$1.5M$869K20xas long as short
GRVT QQQ_USDT_Perp+0.0099%8h744.70+0.152%$324K$1.9M10xas long as short
KuCoin QQQUSDTM+0.0100%8h744.08+0.069%$3.4M$362K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h744.25+0.092%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h744.10+0.072%$12K$21K20xas long as short
Aevo QQQ-PERPlong+0.0104%1h743.57long leg$93K$1K10x
Phoenix QQQ+0.0129%1h744.15+0.079%$38K$66K20xas long as short
edgeX QQQUSDC+0.0230%4h744.39+0.111%$761K$334K20xas long as short