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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0004%/8h= −0.5% APRnext payment $0.04 per $10,000 · paid last 24h −0.026%
Price spread now: HTX against Binance+0.046%53s7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$280.275% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.032%+$3 on $10k
Price spread, last 4 days (all we have)−0.067%−$7 · spread now +0.046%, 7d avg +0.029%
Together, before fees−0.035%−$4 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance QQQUSDT742.080.0004pay 0.0004% / 8h1h 20m$70.0M$144.5M25x
ShortHTX QQQ-USDT742.420get 0.0000% / 8h1h 20m$251K$41K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
−$0.93
Price spread: +0.046% → +0.029%
$1.7
Slippage, 4 orders
−$5.52
Fee Binance: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$26.75
Costs to cover
0.275%
Break-even
never at this rate
Slippage from Binance: live order book, 8 min ago; HTX: live order book, 21 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 Binance live order book, 8 min ago0.07 bp5.1 bp −$55.2 bp −$529.8 bp −$97526.5 bp −$13.3K
Sell HTX live order book, 21 min ago2.69 bp8.7 bp −$915.5 bp −$155doesn'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 −0.0162% / S +0.0253%1h742.21+0.017%$25K26xas long as short
Gate QQQ_USDT−0.0034%8h741.46−0.084%$3.3M$21.5M50xas long as short
Aster QQQUSDT0.0000%8h742.16+0.010%$823K$858K20xas long as short
Bybit QQQUSDT0.0000%8h742.11+0.004%$10.5M$5.2M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h741.85−0.031%$21.5M$28.3M50xas long as short
Ondo Perps QQQ-USD.P0.0000%1h740.94−0.154%$4.2M$1.8M20xas long as short
RISEx QQQ/USDC0.0000%1h741.87−0.029%$5.5M$6.3M25xas long as short
Bitget QQQUSDT0.0000%8h742.23+0.020%$16.6M$5.5M20xas long as short
Variational Omni QQQ0.0000%8h742.08−0.001%$16.9M$7.3Mas long as short
SunX QQQ-USDT0.0000%8h743.02+0.127%$1K$1.8M10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX QQQ-USDTshort0.0000%8h742.42+0.046%$251K$41K30x
Phemex QQQUSDT0.0000%8h742.69+0.082%$363K$1.6M10xas long as short
Binance QQQUSDTlong+0.0004%8h742.08long leg$70.0M$144.5M25x
BloFin QQQ-USDT+0.0010%8h741.86−0.030%$1.1M$271K20xas long as short
Coinbase International QQQ-PERP-INTX+0.0016%1h741.41−0.090%$1.2M$551K20xas long as short
Lighter QQQ+0.0032%1h741.95−0.018%$7.7M$15.5M30xas long as short
Lighter RH QQQ+0.0032%1h742.33+0.034%$37.0M$80.7M50xas long as short
Arcus QQQ-USD+0.0040%1h741.25−0.112%$687K$1.6M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h743.01+0.125%$337K50xas long as short
KuCoin QQQUSDTM+0.0100%8h741.69−0.053%$3.4M$355K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h741.69−0.053%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h741.94−0.019%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h741.39−0.093%$92K$1K10xas long as short
GRVT QQQ_USDT_Perp+0.0117%8h742.28+0.027%$322K$2.0M10xas long as short
Nado QQQ-PERP+0.0130%1h741.67−0.056%$1.5M$766K20xas long as short
Phoenix QQQ+0.0205%1h741.63−0.061%$38K$66K20xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0208%1h741.96−0.016%$424K$154K20xas long as short
edgeX QQQUSDC+0.0552%4h741.98−0.014%$759K$335K20xas long as short