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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.009%
Price spread now: Bybit against Aster+0.008%7-day average +0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$250.249% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.001%$0 on $10k
Price spread, last 4 days (all we have)+0.011%+$1 · spread now +0.008%, 7d avg +0.026%
Together, before fees+0.010%+ Points / potential airdropAster: Stage 5 · farm board+$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster QQQUSDT742.800get 0.0000% / 8h2h 56m$824K$857K20x
ShortBybit QQQUSDT742.860get 0.0000% / 8h2h 56m$10.7M$5.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$0
Price spread: +0.008% → +0.026%
−$1.8
Slippage, 4 orders
−$5.86
Fee Aster: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$26.67
Costs to cover
0.249%
Break-even
never at this rate
Slippage from Aster: live order book, 57 min ago; Bybit: live order book, 2 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, 57 min ago0.81 bp4.9 bp −$55.7 bp −$5766.6 bp −$6,659doesn't fit
Sell Bybit live order book, 2 min ago0.07 bp7.3 bp −$78.5 bp −$8558.9 bp −$5,894doesn'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 −0.0142% / S +0.0238%1h742.89+0.013%$25K26xas long as short
Ondo Perps QQQ-USD.P−0.0032%1h741.57−0.165%$4.2M$1.8M20xas long as short
BloFin QQQ-USDT−0.0012%8h742.32−0.064%$1.1M$246K20xas long as short
Aster QQQUSDTlong0.0000%8h742.80long leg$824K$857K20x
Binance QQQUSDT0.0000%8h742.89+0.012%$69.8M$143.9M25xas long as short
Bybit QQQUSDTshort0.0000%8h742.86+0.008%$10.7M$5.1M50x
OKX QQQ-USDT-SWAP0.0000%8h742.63−0.023%$21.6M$27.7M50xas long as short
RISEx QQQ/USDC0.0000%1h742.81+0.001%$5.4M$7.2M25xas long as short
Gate QQQ_USDT0.0000%8h742.15−0.087%$3.3M$21.2M50xas long as short
Bitget QQQUSDT0.0000%8h743.02+0.030%$16.6M$5.6M20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni QQQ0.0000%8h742.50−0.041%$17.1M$7.2Mas long as short
SunX QQQ-USDT0.0000%8h743.32+0.070%$2K$1.9M10xas long as short
Coinbase International QQQ-PERP-INTX0.0000%1h742.07−0.098%$1.2M$539K20xas long as short
HTX QQQ-USDT0.0000%8h742.65−0.020%$254K$35K30xas long as short
Phemex QQQUSDT0.0000%8h743.10+0.041%$360K$1.6M10xas long as short
Lighter QQQ+0.0032%1h742.67−0.017%$7.7M$15.5M30xas long as short
Lighter RH QQQ+0.0032%1h743.05+0.034%$36.9M$77.5M50xas long as short
Arcus QQQ-USD+0.0040%1h741.81−0.133%$700K$1.6M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h743.75+0.128%$337K50xas long as short
GRVT QQQ_USDT_Perp+0.0074%8h742.800.000%$320K$1.9M10xas long as short
KuCoin QQQUSDTM+0.0100%8h742.40−0.054%$3.4M$347K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h742.21−0.079%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h742.51−0.039%$12K$21K20xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0100%1h742.63−0.023%$424K$151K20xas long as short
Nado QQQ-PERP+0.0103%1h742.40−0.054%$1.5M$764K20xas long as short
Aevo QQQ-PERP+0.0104%1h741.98−0.110%$92K$1K10xas long as short
Phoenix QQQ+0.0118%1h742.30−0.067%$38K$66K20xas long as short
edgeX QQQUSDC+0.0714%4h742.50−0.041%$759K$336K20xas long as short