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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.040%
Price spread now: OKX against Bitget−0.024%7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$250.245% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.083%−$8 on $10k
Price spread, last 7 days−0.003%$0 · spread now −0.024%, 7d avg −0.026%
Together, before fees−0.086%−$9 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget QQQUSDT742.140get 0.0000% / 8h6h 59m$16.5M$5.2M20x
ShortOKX QQQ-USDT-SWAP741.960get 0.0000% / 8h6h 59m$21.6M$30.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$0
Price spread: −0.024% → −0.026%
$0.15
Slippage, 4 orders
−$2.52
Fee Bitget: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$24.37
Costs to cover
0.245%
Break-even
never at this rate
Slippage from Bitget: live order book, 4 min ago; OKX: live order book, 4 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 Bitget live order book, 4 min ago0.07 bp7.1 bp −$78.3 bp −$8312.5 bp −$1,255doesn't fit
Sell OKX live order book, 4 min ago0.07 bp5.1 bp −$55.7 bp −$5714.5 bp −$1,455doesn'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 −0.0191% / S +0.0276%1h742.04−0.013%$25K26xas long as short
Aster QQQUSDT0.0000%8h742.01−0.018%$857K$902K20xas long as short
OKX QQQ-USDT-SWAPshort0.0000%8h741.96−0.024%$21.6M$30.1M50x
RISEx QQQ/USDC0.0000%1h741.84−0.041%$5.4M$5.7M25xas long as short
Gate QQQ_USDT0.0000%8h741.60−0.073%$3.4M$21.1M50xas long as short
Bitget QQQUSDTlong0.0000%8h742.14long leg$16.5M$5.2M20x
SunX QQQ-USDT0.0000%8h742.51+0.050%$2K$1.6M10xas long as short
HTX QQQ-USDT0.0000%8h742.27+0.018%$251K$38K30xas long as short
Phemex QQQUSDT0.0000%8h742.38+0.032%$359K$1.6M10xas long as short
BloFin QQQ-USDT+0.0023%8h741.88−0.035%$1.1M$280K20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International QQQ-PERP-INTX+0.0024%1h741.51−0.085%$1.2M$509K20xas long as short
Variational Omni QQQ+0.0027%8h741.87−0.037%$16.7M$7.2Mas long as short
Lighter QQQ+0.0032%1h741.74−0.054%$7.7M$14.6M30xas long as short
Lighter RH QQQ+0.0032%1h742.12−0.003%$38.3M$76.6M50xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0033%1h741.71−0.058%$424K$125K20xas long as short
Arcus QQQ-USD+0.0040%1h741.23−0.123%$647K$1.4M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h742.95+0.109%$337K50xas long as short
Ondo Perps QQQ-USD.P+0.0050%1h740.71−0.193%$4.2M$1.8M20xas long as short
Binance QQQUSDT+0.0053%8h742.11−0.004%$70.7M$141.6M25xas long as short
Bybit QQQUSDT+0.0081%8h742.06−0.011%$10.7M$5.0M50xas long as short
KuCoin QQQUSDTM+0.0100%8h741.67−0.063%$3.4M$410K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h741.54−0.081%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h741.81−0.044%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h741.30−0.113%$92K$1K10xas long as short
Nado QQQ-PERP+0.0143%1h741.44−0.095%$1.6M$751K20xas long as short
Phoenix QQQ+0.0248%1h741.49−0.088%$38K$65K20xas long as short
GRVT QQQ_USDT_Perp+0.0300%8h742.11−0.004%$322K$2.0M10xas long as short
edgeX QQQUSDC+0.0565%4h741.97−0.022%$759K$336K20xas long as short