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

QQQ

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.005%
Price spread now: Gate against Aster−0.046%7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$320.319% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.052%−$5 on $10k
Price spread, last 4 days (all we have)+0.050%+$5 · spread now −0.046%, 7d avg −0.023%
Together, before fees−0.001%+ Points / potential airdropAster: Stage 5 · farm board$0 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.023% cheaper against Aster than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.023%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster QQQUSDT742.290get 0.0000% / 8h1h 36m$840K$780K20x
ShortGate QQQ_USDT741.950get 0.0000% / 8h1h 36m$3.1M$32.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: −0.046% → −0.023%
−$2.33
Slippage, 4 orders
−$8.94
Fee Aster: 4 bp × 2 orders
−$8
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$34.27
Costs to cover
0.319%
Break-even
never at this rate
Slippage from Aster: live order book, 46 min ago; Gate: 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, 46 min ago0.47 bp4.5 bp −$45.4 bp −$5424.9 bp −$2,487doesn't fit
Sell Gate live order book, 2 min ago3.03 bp11.1 bp −$1114.3 bp −$143doesn'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 −0.0068% / S +0.0180%1h742.53+0.033%$25K26xas long as short
Ondo Perps QQQ-USD.P−0.0027%1h741.30−0.133%$4.2M$2.2M20xas long as short
BloFin QQQ-USDT−0.0024%8h742.13−0.022%$1.0M$482K20xas long as short
Aster QQQUSDTlong0.0000%8h742.29long leg$840K$780K20x
OKX QQQ-USDT-SWAP0.0000%8h742.27−0.003%$21.5M$28.2M50xas long as short
Gate QQQ_USDTshort0.0000%8h741.95−0.046%$3.1M$32.8M50x
SunX QQQ-USDT0.0000%8h742.97+0.092%$2K$2.4M10xas long as short
HTX QQQ-USDT0.0000%8h742.71+0.057%$257K$32K30xas long as short
Phemex QQQUSDT0.0000%8h742.75+0.062%$364K$1.5M10xas long as short
Lighter RH QQQ+0.0032%1h742.71+0.057%$37.7M$81.2M50xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX QQQUSDC+0.0036%4h742.38+0.012%$759K$336K20xas long as short
Lighter QQQ+0.0040%1h742.35+0.008%$7.8M$21.5M30xas long as short
Arcus QQQ-USD+0.0040%1h741.70−0.080%$737K$1.4M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h743.02+0.098%$621K50xas long as short
Variational Omni QQQ+0.0056%8h742.44+0.020%$17.2M$10.1Mas long as short
Binance QQQUSDT+0.0078%8h742.43+0.019%$69.6M$161.3M25xas long as short
Coinbase International QQQ-PERP-INTX+0.0088%1h742.02−0.036%$1.2M$866K20xas long as short
Bybit QQQUSDT+0.0088%8h742.55+0.035%$10.7M$5.4M50xas long as short
KuCoin QQQUSDTM+0.0100%8h742.01−0.038%$3.4M$438K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h742.04−0.034%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h741.19−0.148%$7K$16K20xas long as short
Aevo QQQ-PERP+0.0104%1h741.81−0.065%$92K$1K10xas long as short
Nado QQQ-PERP+0.0168%1h742.10−0.025%$1.5M$1.3M20xas long as short
GRVT QQQ_USDT_Perp+0.0177%8h742.54+0.033%$317K$1.8M10xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0195%1h742.35+0.008%$424K$280K20xas long as short
Bitget QQQUSDT+0.0211%8h742.46+0.023%$16.7M$7.1M20xas long as short
Phoenix QQQ+0.0259%1h742.10−0.026%$38K$73K20xas long as short
RISEx QQQ/USDC+0.0315%1h742.63+0.046%$5.3M$9.2M25xas long as short