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

QQQ

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0173%/8h= +18.9% APRpaid last 24h −0.012%
Price spread now: GRVT against Aevo+0.137%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+0.056%+$6 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropGRVT: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and GRVT is 0.137% dearer against Aevo than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo QQQ-PERP743.490.0104pay 0.0013% / 1h46m 48s$93K$1K10x
ShortGRVT QQQ_USDT_Perp744.510.0277get 0.0277% / 8h6h 46m$319K$1.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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
$36.33
Price spread: +0.137% → 0.000%
$13.69
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
$25.02
Costs to cover
0.250%
Break-even
2.2 days
Slippage unknown: Aevo: no order-book sample; GRVT: 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 GRVT live order book, 2 min ago0.54 bp5.0 bp −$56.1 bp −$61doesn't fitdoesn'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
Ondo Perps QQQ-USD.P−0.0210%1h743.15−0.046%$4.2M$2.0M20xas long as short
GMX QQQ/USD [ETH-USDC]L −0.0095% / S +0.0201%1h744.26+0.104%$25K26xas long as short
Bybit QQQUSDT0.0000%8h744.17+0.091%$10.7M$5.0M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h744.23+0.099%$21.5M$25.3M50xas long as short
Gate QQQ_USDT0.0000%8h743.95+0.062%$3.2M$20.6M50xas long as short
SunX QQQ-USDT0.0000%8h744.68+0.160%$2K$2.1M10xas long as short
HTX QQQ-USDT0.0000%8h744.75+0.169%$257K$29K30xas long as short
Phemex QQQUSDT0.0000%8h744.50+0.136%$360K$1.4M10xas long as short
Aster QQQUSDT+0.0016%8h744.29+0.107%$841K$712K20xas long as short
BloFin QQQ-USDT+0.0026%8h744.31+0.110%$1.1M$319K20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter QQQ+0.0032%1h744.09+0.080%$7.7M$17.7M30xas long as short
Lighter RH QQQ+0.0032%1h744.52+0.138%$37.4M$79.2M50xas long as short
Arcus QQQ-USD+0.0040%1h743.51+0.002%$747K$1.5M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h745.23+0.234%$356K50xas long as short
Coinbase International QQQ-PERP-INTX+0.0048%1h744.05+0.075%$1.2M$538K20xas long as short
Variational Omni QQQ+0.0068%8h744.39+0.121%$17.1M$7.7Mas long as short
Binance QQQUSDT+0.0092%8h744.40+0.122%$71.2M$148.3M25xas long as short
KuCoin QQQUSDTM+0.0100%8h744.03+0.072%$3.4M$408K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h743.99+0.067%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h744.02+0.071%$12K$21K20xas long as short
Aevo QQQ-PERPlong+0.0104%1h743.49long leg$93K$1K10x
Bitget QQQUSDT+0.0111%8h744.39+0.121%$16.9M$5.9M20xas long as short
Nado QQQ-PERP+0.0121%1h743.84+0.047%$1.5M$1.1M20xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0126%1h744.13+0.086%$425K$148K20xas long as short
RISEx QQQ/USDC+0.0168%1h744.28+0.106%$5.4M$8.2M25xas long as short
Phoenix QQQ+0.0183%1h744.06+0.076%$38K$66K20xas long as short
GRVT QQQ_USDT_Perpshort+0.0277%8h744.51+0.137%$319K$1.8M10x
edgeX QQQUSDC+0.0321%4h744.35+0.115%$761K$335K20xas long as short