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+0.0030%/8h= +3.3% APRpaid last 24h +0.005%
Price spread now: Aevo against Binance−0.108%7-day average · you buy dearer than you sell
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+0.207%+$21 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Aevo is 0.108% cheaper against Binance than usual: you would sell low and buy high (spread −0.108% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 12 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.207% in total) that is about 3.7 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance QQQUSDT744.280.0074pay 0.0074% / 8h7h 36m$71.1M$153.2M25x
ShortAevo QQQ-PERP743.480.0104get 0.0013% / 1h36m 03s$93K$1K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Binance. 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
$6.39
Price spread: −0.108% → 0.000%
−$10.79
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$30.4
Costs to cover
0.260%
Break-even
40.3 days
Slippage unknown: Binance: live order book, 7 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 Binance live order book, 7 min ago0.07 bp5.1 bp −$55.4 bp −$549.5 bp −$94526.6 bp −$13.3K
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−0.0363%1h742.15−0.286%$4.2M$2.0M20xas long as short
GMX QQQ/USD [ETH-USDC]L −0.0084% / S +0.0193%1h744.27−0.001%$25K26xas long as short
BloFin QQQ-USDT−0.0014%8h744.05−0.031%$1.1M$318K20xas long as short
Aster QQQUSDT0.0000%8h743.91−0.049%$841K$739K20xas long as short
OKX QQQ-USDT-SWAP0.0000%8h744.13−0.020%$21.5M$25.1M50xas long as short
Gate QQQ_USDT0.0000%8h743.87−0.055%$3.2M$27.4M50xas long as short
SunX QQQ-USDT0.0000%8h744.72+0.059%$2K$2.2M10xas long as short
HTX QQQ-USDT0.0000%8h744.29+0.001%$257K$29K30xas long as short
Phemex QQQUSDT0.0000%8h744.50+0.030%$361K$1.4M10xas long as short
Lighter QQQ+0.0032%1h744.04−0.032%$7.6M$18.2M30xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH QQQ+0.0032%1h744.42+0.019%$37.3M$79.7M50xas long as short
Arcus QQQ-USD+0.0040%1h743.45−0.112%$747K$1.5M25xas long as short
Bybit QQQUSDT+0.0041%8h744.20−0.011%$10.7M$4.9M50xas long as short
Vest QQQ-USD-PERP+0.0046%1h744.77+0.066%$306K50xas long as short
Variational Omni QQQ+0.0046%8h744.16−0.016%$17.1M$9.8Mas long as short
Coinbase International QQQ-PERP-INTX+0.0064%1h743.73−0.074%$1.2M$552K20xas long as short
Binance QQQUSDTlong+0.0074%8h744.28long leg$71.1M$153.2M25x
edgeX QQQUSDC+0.0087%4h744.00−0.038%$761K$336K20xas long as short
KuCoin QQQUSDTM+0.0100%8h743.83−0.060%$3.4M$414K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h743.72−0.075%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h743.96−0.043%$12K$21K20xas long as short
Aevo QQQ-PERPshort+0.0104%1h743.48−0.108%$93K$1K10x
Deribit QQQ_USDC-PERPETUAL+0.0113%1h744.05−0.031%$425K$147K20xas long as short
Nado QQQ-PERP+0.0116%1h743.88−0.054%$1.5M$1.2M20xas long as short
Bitget QQQUSDT+0.0177%8h744.33+0.007%$16.9M$6.6M20xas long as short
RISEx QQQ/USDC+0.0208%1h744.280.000%$5.5M$8.7M25xas long as short
Phoenix QQQ+0.0258%1h743.74−0.073%$38K$66K20xas long as short
GRVT QQQ_USDT_Perp+0.0268%8h744.26−0.003%$316K$1.8M10xas long as short