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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0402%/8h= −44.0% APRpaid last 24h −0.048%
Price spread now: GMX against Bitget+0.007%7-day average · you sell dearer than you buy
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$12 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget QQQUSDT741.910.0229pay 0.0229% / 8h2h 14m$16.7M$7.8M20x
ShortGMX QQQ/USD [ETH-USDC]741.97L −0.0059% / S +0.0173%pay 0.0022% / 1h14m 03s$25K26x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Bitget. 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
−$84.34
Price spread: +0.007% → 0.000%
$0.74
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee GMX: 6 bp × 2 orders
−$12
Net
−$107.6
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 5 min ago; GMX: 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 Bitget live order book, 5 min ago0.07 bp7.3 bp −$79.5 bp −$9515.1 bp −$1,510doesn't fit
Sell GMX no order-book sample
GMX: 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
GMX QQQ/USD [ETH-USDC]shortL −0.0059% / S +0.0173%1h741.97+0.007%$25K26x
BloFin QQQ-USDT−0.0018%8h741.79−0.016%$1.0M$509K20xas long as short
OKX QQQ-USDT-SWAP0.0000%8h741.78−0.018%$21.3M$28.1M50xas long as short
Gate QQQ_USDT0.0000%8h741.65−0.035%$3.1M$33.2M50xas long as short
SunX QQQ-USDT0.0000%8h742.39+0.065%$2K$2.5M10xas long as short
HTX QQQ-USDT0.0000%8h742.10+0.026%$256K$32K30xas long as short
Phemex QQQUSDT0.0000%8h742.33+0.057%$360K$1.4M10xas long as short
Aster QQQUSDT+0.0006%8h741.87−0.005%$840K$780K20xas long as short
Arcus QQQ-USD+0.0025%1h741.17−0.100%$734K$1.5M25xas long as short
Ondo Perps QQQ-USD.P+0.0028%1h740.88−0.139%$4.2M$2.2M20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest QQQ-USD-PERP+0.0046%1h742.42+0.069%$621K50xas long as short
Variational Omni QQQ+0.0058%8h741.84−0.009%$17.2M$10.6Mas long as short
Deribit QQQ_USDC-PERPETUAL+0.0060%1h741.78−0.018%$424K$304K20xas long as short
Coinbase International QQQ-PERP-INTX+0.0064%1h741.44−0.063%$1.2M$894K20xas long as short
Bybit QQQUSDT+0.0068%8h741.97+0.008%$10.7M$5.4M50xas long as short
Phoenix QQQ+0.0076%1h741.49−0.057%$38K$73K20xas long as short
Binance QQQUSDT+0.0087%8h741.97+0.008%$69.8M$165.6M25xas long as short
Lighter QQQ+0.0096%1h741.83−0.011%$7.9M$21.6M30xas long as short
KuCoin QQQUSDTM+0.0100%8h741.44−0.063%$3.4M$449K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h741.51−0.054%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h741.19−0.097%$7K$15K20xas long as short
Aevo QQQ-PERP+0.0104%1h741.28−0.085%$92K$1K10xas long as short
Lighter RH QQQ+0.0112%1h742.19+0.038%$37.8M$83.0M50xas long as short
GRVT QQQ_USDT_Perp+0.0178%8h742.06+0.020%$316K$1.7M10xas long as short
RISEx QQQ/USDC+0.0212%1h742.08+0.022%$5.4M$9.3M25xas long as short
Bitget QQQUSDTlong+0.0229%8h741.91long leg$16.7M$7.8M20x
Nado QQQ-PERP+0.0244%1h741.43−0.064%$1.5M$1.4M20xas long as short
edgeX QQQUSDC+0.0864%4h741.87−0.006%$759K$337K20xas long as short