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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: Aevo against ApeX Omni+0.049%70s7-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−0.035%−$3 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aevo is 0.049% dearer against ApeX Omni than usual: you sell high and buy low, +$5 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni QQQUSDT743.740.0100pay 0.0013% / 1h27m 48s$20K$2.2M50x
ShortAevo QQQ-PERP744.100.0104get 0.0013% / 1h27m 48s$93K$1K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against ApeX Omni. 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
$0.84
Price spread: +0.049% → 0.000%
$4.87
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$20.29
Costs to cover
0.260%
Break-even
176.1 days
Slippage unknown: ApeX Omni: live order book, 1 min ago; Aevo: 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 ApeX Omni live order book, 1 min ago3.76 bp9.7 bp −$1024.9 bp −$249doesn't fitdoesn't fit
Sell Aevo no order-book sample
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−0.0361%1h743.30−0.059%$4.2M$2.1M20xas long as short
GMX QQQ/USD [ETH-USDC]L −0.0086% / S +0.0194%1h744.96+0.163%$25K26xas long as short
Aster QQQUSDT0.0000%8h744.30+0.076%$841K$716K20xas long as short
OKX QQQ-USDT-SWAP0.0000%8h744.72+0.132%$21.6M$25.1M50xas long as short
Gate QQQ_USDT0.0000%8h744.48+0.099%$3.3M$27.6M50xas long as short
SunX QQQ-USDT0.0000%8h745.41+0.225%$2K$2.2M10xas long as short
HTX QQQ-USDT0.0000%8h744.45+0.095%$257K$29K30xas long as short
Phemex QQQUSDT0.0000%8h745.20+0.196%$360K$1.4M10xas long as short
Bybit QQQUSDT+0.0002%8h744.96+0.164%$10.7M$4.9M50xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0019%1h744.67+0.125%$425K$147K20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin QQQ-USDT+0.0028%8h744.05+0.042%$1.1M$318K20xas long as short
Lighter QQQ+0.0032%1h744.68+0.126%$7.7M$18.4M30xas long as short
Lighter RH QQQ+0.0032%1h745.13+0.187%$37.4M$80.1M50xas long as short
Arcus QQQ-USD+0.0040%1h743.72−0.003%$747K$1.5M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h745.39+0.222%$306K50xas long as short
Variational Omni QQQ+0.0047%8h744.24+0.067%$17.1M$9.7Mas long as short
Coinbase International QQQ-PERP-INTX+0.0064%1h743.73−0.001%$1.2M$547K20xas long as short
Binance QQQUSDT+0.0076%8h744.94+0.161%$71.2M$151.9M25xas long as short
KuCoin QQQUSDTM+0.0100%8h744.47+0.098%$3.4M$411K20xas long as short
ApeX Omni QQQUSDTlong+0.0100%1h743.74long leg$20K$2.2M50x
Orderly PERP_QQQ_USDC_mythos+0.0100%8h744.53+0.106%$12K$21K20xas long as short
Nado QQQ-PERP+0.0103%1h744.39+0.087%$1.5M$1.3M20xas long as short
Aevo QQQ-PERPshort+0.0104%1h744.10+0.049%$93K$1K10x
Bitget QQQUSDT+0.0174%8h744.98+0.167%$16.9M$6.6M20xas long as short
RISEx QQQ/USDC+0.0208%1h744.88+0.153%$5.4M$8.7M25xas long as short
Phoenix QQQ+0.0258%1h744.03+0.039%$38K$66K20xas long as short
GRVT QQQ_USDT_Perp+0.0263%8h744.41+0.090%$316K$1.8M10xas long as short
edgeX QQQUSDC+0.0471%4h744.23+0.066%$761K$337K20xas long as short