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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: KuCoin against ApeX Omni−0.005%82s7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$450.454% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.007%−$1 on $10k
Price spread, last 7 days−0.027%−$3 · spread now −0.005%, 7d avg +0.011%
Together, before fees−0.034%−$3 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni QQQUSDT744.220.0100pay 0.0013% / 1h2m 04s$20K$2.2M50x
ShortKuCoin QQQUSDTM744.180.0100get 0.0100% / 8h5h 02m$3.4M$403K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
Price spread: −0.005% → +0.011%
−$1.6
Slippage, 4 orders
−$23.41
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$47.01
Costs to cover
0.454%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 2 min ago; KuCoin: live order book, 5 min ago.

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, 2 min ago3.83 bp9.9 bp −$1022.3 bp −$223doesn't fitdoesn't fit
Sell KuCoin live order book, 5 min ago1.54 bp17.7 bp −$18doesn't fitdoesn't fitdoesn't fit

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 −0.0116% / S +0.0218%1h744.53+0.042%$25K26xas long as short
Ondo Perps QQQ-USD.P−0.0077%1h743.17−0.141%$4.2M$1.8M20xas long as short
BloFin QQQ-USDT−0.0010%8h744.38+0.021%$1.1M$271K20xas long as short
Aster QQQUSDT0.0000%8h744.44+0.029%$841K$714K20xas long as short
Bybit QQQUSDT0.0000%8h744.65+0.058%$10.7M$5.0M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h744.36+0.019%$21.5M$26.8M50xas long as short
RISEx QQQ/USDC0.0000%1h744.59+0.050%$5.4M$7.5M25xas long as short
Gate QQQ_USDT0.0000%8h744.15−0.009%$3.3M$21.2M50xas long as short
Bitget QQQUSDT0.0000%8h744.67+0.060%$16.9M$5.7M20xas long as short
SunX QQQ-USDT0.0000%8h744.92+0.094%$2K$1.9M10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX QQQ-USDT0.0000%8h744.78+0.075%$257K$29K30xas long as short
Phemex QQQUSDT0.0000%8h744.81+0.079%$361K$1.5M10xas long as short
Variational Omni QQQ+0.0018%8h744.37+0.020%$17.1M$7.5Mas long as short
Lighter QQQ+0.0032%1h744.37+0.020%$7.7M$17.2M30xas long as short
Lighter RH QQQ+0.0032%1h744.82+0.081%$37.1M$80.8M50xas long as short
Coinbase International QQQ-PERP-INTX+0.0032%1h743.92−0.040%$1.2M$535K20xas long as short
Arcus QQQ-USD+0.0040%1h743.61−0.082%$695K$1.6M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h745.50+0.172%$337K50xas long as short
Binance QQQUSDT+0.0051%8h744.58+0.049%$71.2M$142.5M25xas long as short
Nado QQQ-PERP+0.0083%1h744.14−0.011%$1.5M$876K20xas long as short
KuCoin QQQUSDTMshort+0.0100%8h744.18−0.005%$3.4M$403K20x
ApeX Omni QQQUSDTlong+0.0100%1h744.22long leg$20K$2.2M50x
Orderly PERP_QQQ_USDC_mythos+0.0100%8h744.24+0.003%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h743.68−0.073%$93K$1K10xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0113%1h744.35+0.017%$425K$149K20xas long as short
GRVT QQQ_USDT_Perp+0.0122%8h744.71+0.066%$322K$1.9M10xas long as short
Phoenix QQQ+0.0161%1h744.14−0.011%$38K$66K20xas long as short
edgeX QQQUSDC+0.0453%4h744.45+0.031%$761K$335K20xas long as short