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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0005%/8h= +0.5% APRnext payment +$0.05 per $10,000 · paid last 24h −0.015%
Price spread now: HTX against BloFin+0.062%59s7-day average +0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$300.297% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.118%+$12 on $10k
Price spread, last 4 days (all we have)−0.113%−$11 · spread now +0.062%, 7d avg +0.033%
Together, before fees+0.005%+$1 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: HTX is 0.029% dearer against BloFin than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.033%. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin QQQ-USDT742.01−0.0005get 0.0005% / 8h4h 44m$1.1M$242K20x
ShortHTX QQQ-USDT742.470get 0.0000% / 8h4h 44m$247K$45K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
$1.05
Price spread: +0.062% → +0.033%
$2.85
Slippage, 4 orders
−$5.67
Fee BloFin: 6 bp × 2 orders
−$12
Fee HTX: 6 bp × 2 orders
−$12
Net
−$25.76
Costs to cover
0.297%
Break-even
179.1 days
Slippage from BloFin: live order book, 1 min ago; HTX: live order book, 60 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 ago0.07 bp6.2 bp −$66.7 bp −$6710.1 bp −$1,010doesn't fit
Sell HTX live order book, 60 min ago2.69 bp8.7 bp −$916.9 bp −$169doesn't fitdoesn't fit

QQQ on 28 exchanges

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 −0.0203% / S +0.0285%1h742.47+0.061%$25K26xas long as short
Ondo Perps QQQ-USD.P−0.0030%1h740.62−0.187%$4.2M$1.8M20xas long as short
BloFin QQQ-USDTlong−0.0005%8h742.01long leg$1.1M$242K20x
OKX QQQ-USDT-SWAP0.0000%8h742.17+0.022%$22.1M$31.0M50xas long as short
RISEx QQQ/USDC0.0000%1h742.05+0.005%$5.5M$5.7M25xas long as short
Gate QQQ_USDT0.0000%8h741.76−0.034%$3.6M$19.9M50xas long as short
Bitget QQQUSDT0.0000%8h742.46+0.061%$17.0M$6.0M20xas long as short
SunX QQQ-USDT0.0000%8h742.96+0.128%$2K$1.5M10xas long as short
Deribit QQQ_USDC-PERPETUAL0.0000%1h742.02+0.001%$398K$103K20xas long as short
HTX QQQ-USDTshort0.0000%8h742.47+0.062%$247K$45K30x
Show all 28 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex QQQUSDT0.0000%8h742.54+0.071%$359K$1.7M10xas long as short
Arcus QQQ-USD+0.0004%1h741.22−0.106%$653K$1.4M25xas long as short
Aster QQQUSDT+0.0009%8h742.16+0.020%$855K$915K20xas long as short
Bybit QQQUSDT+0.0012%8h742.21+0.027%$10.9M$5.1M50xas long as short
Lighter QQQ+0.0032%1h741.58−0.058%$7.2M$16.5M30xas long as short
Lighter RH QQQ+0.0032%1h742.36+0.047%$38.9M$76.3M50xas long as short
Vest QQQ-USD-PERP+0.0046%1h743.25+0.167%$337K50xas long as short
Coinbase International QQQ-PERP-INTX+0.0048%1h741.72−0.039%$1.2M$589K20xas long as short
Variational Omni QQQ+0.0081%8h741.84−0.023%$16.8M$6.9Mas long as short
KuCoin QQQUSDTM+0.0100%8h741.86−0.020%$3.4M$512K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h741.49−0.070%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h742.08+0.009%$12K$21K20xas long as short
Binance QQQUSDT+0.0101%8h742.35+0.046%$72.6M$148.7M25xas long as short
Nado QQQ-PERP+0.0102%1h741.94−0.009%$1.6M$784K20xas long as short
Aevo QQQ-PERP+0.0104%1h741.53−0.065%$92K$1K10xas long as short
edgeX QQQUSDC+0.0187%4h741.91−0.014%$759K$336K20xas long as short
GRVT QQQ_USDT_Perp+0.0258%8h742.21+0.027%$317K$2.1M10xas long as short
Phoenix QQQ+0.0409%1h741.53−0.065%$38K$59K20xas long as short