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

QQQ

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0070%/8h= +7.6% APRnext payment +$0.70 per $10,000 · paid last 24h −0.089%
Price spread now: Binance against Aster+0.029%7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$190.193% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.079%−$8 on $10k
Price spread, last 2 days (all we have)+0.004%$0 · spread now +0.029%, 7d avg +0.021%
Together, before fees−0.075%+ Points / potential airdropAster: Stage 5 · farm board−$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.021%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.079%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster QQQUSDT743.380get 0.0000% / 8h7h 58m$839K$799K20x
ShortBinance QQQUSDT743.590.0070get 0.0070% / 8h7h 58m$70.9M$161.1M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Aster. 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
$14.63
Price spread: +0.029% → +0.021%
$0.8
Slippage, 4 orders
−$1.33
Fee Aster: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
−$3.89
Costs to cover
0.193%
Break-even
8.9 days
Slippage from Aster: live order book, 14 min ago; Binance: live order book, 14 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 Aster live order book, 14 min ago0.27 bp4.8 bp −$56.8 bp −$6832.4 bp −$3,239doesn't fit
Sell Binance live order book, 14 min ago0.07 bp5.1 bp −$55.2 bp −$529.2 bp −$92424.9 bp −$12.5K

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−0.0240%1h741.95−0.192%$4.2M$2.0M20xas long as short
GMX QQQ/USD [ETH-USDC]L −0.0080% / S +0.0189%1h743.59+0.028%$25K26xas long as short
Aster QQQUSDTlong0.0000%8h743.38long leg$839K$799K20x
Bybit QQQUSDT0.0000%8h743.63+0.034%$10.7M$4.9M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h743.41+0.004%$21.5M$25.8M50xas long as short
Gate QQQ_USDT0.0000%8h743.14−0.032%$3.1M$25.9M50xas long as short
SunX QQQ-USDT0.0000%8h744.02+0.086%$1K$2.3M10xas long as short
HTX QQQ-USDT0.0000%8h743.13−0.034%$257K$25K30xas long as short
Phemex QQQUSDT0.0000%8h743.83+0.061%$361K$1.4M10xas long as short
BloFin QQQ-USDT+0.0015%8h743.09−0.039%$1.0M$318K20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH QQQ+0.0032%1h743.85+0.063%$37.4M$78.3M50xas long as short
Arcus QQQ-USD+0.0040%1h742.77−0.082%$747K$1.5M25xas long as short
Variational Omni QQQ+0.0042%8h743.41+0.005%$17.2M$10.8Mas long as short
Vest QQQ-USD-PERP+0.0046%1h744.10+0.097%$621K50xas long as short
Coinbase International QQQ-PERP-INTX+0.0064%1h743.04−0.046%$1.2M$697K20xas long as short
Binance QQQUSDTshort+0.0070%8h743.59+0.029%$70.9M$161.1M25x
Lighter QQQ+0.0088%1h743.53+0.020%$7.6M$18.1M30xas long as short
KuCoin QQQUSDTM+0.0100%8h743.14−0.032%$3.4M$414K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h743.14−0.032%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h743.32−0.008%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h742.97−0.055%$92K$1K10xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0127%1h743.32−0.008%$425K$158K20xas long as short
Bitget QQQUSDT+0.0169%8h743.62+0.032%$16.9M$6.7M20xas long as short
Nado QQQ-PERP+0.0175%1h743.12−0.034%$1.5M$1.2M20xas long as short
GRVT QQQ_USDT_Perp+0.0187%8h743.68+0.040%$316K$1.8M10xas long as short
Phoenix QQQ+0.0194%1h743.19−0.026%$38K$66K20xas long as short
RISEx QQQ/USDC+0.0208%1h743.50+0.016%$5.6M$9.0M25xas long as short
edgeX QQQUSDC+0.0806%4h743.41+0.005%$760K$337K20xas long as short