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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0126%/8h= +13.8% APRnext payment +$1.26 per $10,000 · paid last 24h −0.008%
Price spread now: Orderly against BloFin+0.013%52s7-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 5 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: +$4 a day on $10k at the current rate. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin QQQ-USDT742.22−0.0026get 0.0026% / 8h1h 05m$1.0M$478K20x
ShortOrderly PERP_QQQ_USDC_mythos742.320.0100get 0.0100% / 8h1h 05m$12K$21K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
$26.45
Price spread: +0.013% → 0.000%
$1.35
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Orderly: 3 bp × 2 orders
−$6
Net
$9.8
Costs to cover
0.180%
Break-even
4.4 days
Slippage unknown: BloFin: live order book, 6 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 BloFin live order book, 6 min ago0.07 bp7.7 bp −$810.0 bp −$10014.5 bp −$1,455doesn'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 −0.0076% / S +0.0186%1h742.96+0.099%$25K26xas long as short
Ondo Perps QQQ-USD.P−0.0038%1h741.66−0.075%$4.2M$2.1M20xas long as short
BloFin QQQ-USDTlong−0.0026%8h742.22long leg$1.0M$478K20x
Aster QQQUSDT0.0000%8h742.65+0.057%$841K$780K20xas long as short
OKX QQQ-USDT-SWAP0.0000%8h742.75+0.071%$21.5M$27.7M50xas long as short
Gate QQQ_USDT0.0000%8h742.67+0.061%$3.1M$32.8M50xas long as short
SunX QQQ-USDT0.0000%8h743.40+0.159%$2K$2.3M10xas long as short
HTX QQQ-USDT0.0000%8h743.04+0.110%$257K$26K30xas long as short
Phemex QQQUSDT0.0000%8h743.17+0.128%$359K$1.4M10xas long as short
Lighter RH QQQ+0.0032%1h743.06+0.113%$37.7M$82.0M50xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni QQQ+0.0035%8h742.64+0.057%$17.6M$10.4Mas long as short
Lighter QQQ+0.0040%1h742.83+0.082%$7.7M$21.6M30xas long as short
Arcus QQQ-USD+0.0040%1h742.00−0.030%$737K$1.4M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h743.28+0.143%$621K50xas long as short
Binance QQQUSDT+0.0068%8h743.02+0.108%$70.6M$160.7M25xas long as short
Bybit QQQUSDT+0.0083%8h742.99+0.104%$10.7M$5.4M50xas long as short
Coinbase International QQQ-PERP-INTX+0.0088%1h742.43+0.028%$1.2M$868K20xas long as short
KuCoin QQQUSDTM+0.0100%8h742.43+0.028%$3.4M$429K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h742.39+0.023%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythosshort+0.0100%8h742.32+0.013%$12K$21K20x
Aevo QQQ-PERP+0.0104%1h742.16−0.008%$92K$1K10xas long as short
Nado QQQ-PERP+0.0161%1h742.31+0.012%$1.5M$1.3M20xas long as short
GRVT QQQ_USDT_Perp+0.0171%8h742.97+0.101%$319K$1.8M10xas long as short
Bitget QQQUSDT+0.0192%8h742.87+0.088%$16.9M$7.0M20xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0195%1h742.65+0.058%$424K$227K20xas long as short
Phoenix QQQ+0.0259%1h742.40+0.024%$38K$73K20xas long as short
RISEx QQQ/USDC+0.0315%1h742.91+0.094%$5.3M$9.0M25xas long as short
edgeX QQQUSDC+0.0406%4h742.66+0.060%$759K$335K20xas long as short