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−0.0008%/8h= −0.8% APRpaid last 24h +0.038%
Price spread now: edgeX against BloFin+0.017%7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$7as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$300.298% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.229%+$23 on $10k
Price spread, last 4 days (all we have)−0.053%−$5 · spread now +0.017%, 7d avg −0.007%
Together, before fees+0.176%+ Points / potential airdropedgeX: Active · farm board+$18 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: edgeX is 0.025% dearer against BloFin than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.007%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin QQQ-USDT741.670.0018pay 0.0018% / 8h36m 22s$1.1M$274K20x
ShortedgeX QQQUSDC741.800.0011get 0.0005% / 4h36m 22s$758K$335K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against BloFin. 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
−$1.6
Price spread: +0.017% → −0.007%
$2.47
Slippage, 4 orders
−$8.78
Fee BloFin: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$28.92
Costs to cover
0.298%
Break-even
never at this rate
Slippage from BloFin: live order book, 1 min ago; edgeX: live order book, 2 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 BloFin live order book, 1 min ago0.14 bp6.3 bp −$66.9 bp −$6911.9 bp −$1,194doesn't fit
Sell edgeX live order book, 2 min ago4.11 bp8.7 bp −$99.7 bp −$97doesn'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
Ondo Perps QQQ-USD.P−0.0178%1h740.56−0.150%$4.2M$1.8M20xas long as short
GMX QQQ/USD [ETH-USDC]L −0.0171% / S +0.0261%1h741.96+0.038%$25K26xas long as short
Gate QQQ_USDT−0.0074%8h741.41−0.035%$3.3M$21.6M50xas long as short
Aster QQQUSDT0.0000%8h741.87+0.027%$821K$861K20xas long as short
Bybit QQQUSDT0.0000%8h742.02+0.047%$10.7M$5.1M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h741.670.000%$21.4M$28.4M50xas long as short
RISEx QQQ/USDC0.0000%1h741.68+0.001%$5.4M$6.3M25xas long as short
Bitget QQQUSDT0.0000%8h741.99+0.043%$16.5M$5.4M20xas long as short
Variational Omni QQQ0.0000%8h742.02+0.047%$16.8M$7.2Mas long as short
SunX QQQ-USDT0.0000%8h742.60+0.125%$2K$1.8M10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX QQQ-USDT0.0000%8h742.02+0.047%$251K$41K30xas long as short
Phemex QQQUSDT0.0000%8h742.08+0.055%$359K$1.6M10xas long as short
Binance QQQUSDT+0.0010%8h741.95+0.038%$70.2M$142.2M25xas long as short
edgeX QQQUSDCshort+0.0011%4h741.80+0.017%$758K$335K20x
Coinbase International QQQ-PERP-INTX+0.0016%1h741.51−0.022%$1.2M$491K20xas long as short
BloFin QQQ-USDTlong+0.0018%8h741.67long leg$1.1M$274K20x
Lighter QQQ+0.0032%1h741.670.000%$7.7M$15.3M30xas long as short
Lighter RH QQQ+0.0032%1h742.00+0.044%$37.3M$80.1M50xas long as short
Arcus QQQ-USD+0.0040%1h741.28−0.053%$644K$1.7M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h742.80+0.152%$337K50xas long as short
KuCoin QQQUSDTM+0.0100%8h741.47−0.027%$3.4M$360K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h741.61−0.008%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h741.57−0.013%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h741.13−0.073%$92K$1K10xas long as short
Nado QQQ-PERP+0.0117%1h741.41−0.035%$1.6M$761K20xas long as short
GRVT QQQ_USDT_Perp+0.0127%8h741.96+0.039%$325K$2.0M10xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0155%1h741.58−0.012%$424K$156K20xas long as short
Phoenix QQQ+0.0227%1h741.670.000%$38K$65K20xas long as short