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+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h −0.010%
Price spread now: Orderly against Bitget−0.069%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Orderly is 0.069% cheaper against Bitget than usual: you would sell low and buy high (spread −0.069% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 2.3 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget QQQUSDT742.920get 0.0000% / 8h2h 53m$16.6M$5.6M20x
ShortOrderly PERP_QQQ_USDC_mythos742.410.0100get 0.0100% / 8h2h 53m$12K$21K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
$21
Price spread: −0.069% → 0.000%
−$6.86
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$3.86
Costs to cover
0.180%
Break-even
8.3 days
Slippage unknown: Bitget: live order book, 5 min ago; Orderly: 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 bp6.2 bp −$68.3 bp −$8311.6 bp −$1,165doesn't fit
Sell Orderly no order-book sample
Orderly: 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]L −0.0143% / S +0.0238%1h742.73−0.026%$25K26xas long as short
Ondo Perps QQQ-USD.P−0.0042%1h741.57−0.182%$4.2M$1.8M20xas long as short
Aster QQQUSDT0.0000%8h742.68−0.032%$824K$857K20xas long as short
Binance QQQUSDT0.0000%8h742.74−0.024%$69.8M$143.8M25xas long as short
Bybit QQQUSDT0.0000%8h742.79−0.017%$10.7M$5.1M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h742.47−0.061%$21.6M$27.7M50xas long as short
RISEx QQQ/USDC0.0000%1h742.77−0.021%$5.4M$7.2M25xas long as short
Gate QQQ_USDT0.0000%8h742.04−0.118%$3.3M$21.2M50xas long as short
Bitget QQQUSDTlong0.0000%8h742.92long leg$16.6M$5.6M20x
Variational Omni QQQ0.0000%8h742.77−0.021%$17.1M$7.2Mas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX QQQ-USDT0.0000%8h743.20+0.038%$2K$1.9M10xas long as short
Coinbase International QQQ-PERP-INTX0.0000%1h742.25−0.090%$1.2M$538K20xas long as short
HTX QQQ-USDT0.0000%8h742.79−0.017%$254K$35K30xas long as short
Phemex QQQUSDT0.0000%8h742.920.000%$361K$1.6M10xas long as short
BloFin QQQ-USDT+0.0001%8h742.64−0.038%$1.1M$246K20xas long as short
Lighter QQQ+0.0032%1h742.57−0.047%$7.7M$15.5M30xas long as short
Lighter RH QQQ+0.0032%1h742.920.000%$36.9M$77.7M50xas long as short
Arcus QQQ-USD+0.0040%1h741.79−0.152%$699K$1.6M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h743.63+0.096%$337K50xas long as short
GRVT QQQ_USDT_Perp+0.0074%8h742.84−0.010%$320K$1.9M10xas long as short
KuCoin QQQUSDTM+0.0100%8h742.33−0.079%$3.4M$348K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h742.31−0.082%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythosshort+0.0100%8h742.41−0.069%$12K$21K20x
Aevo QQQ-PERP+0.0104%1h741.89−0.138%$92K$1K10xas long as short
Nado QQQ-PERP+0.0107%1h742.34−0.078%$1.5M$764K20xas long as short
Phoenix QQQ+0.0118%1h742.30−0.083%$38K$66K20xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0141%1h742.55−0.050%$424K$151K20xas long as short
edgeX QQQUSDC+0.0319%4h742.56−0.048%$759K$334K20xas long as short