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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0021%/8h= +2.3% APRpaid last 24h +0.029%
Price spread now: RISEx against BloFin+0.034%7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$190.189% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.241%+$24 on $10k
Price spread, last 4 days (all we have)−0.068%−$7 · spread now +0.034%, 7d avg +0.037%
Together, before fees+0.173%+$17 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.037%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin QQQ-USDT744.29−0.0021get 0.0021% / 8h4h 35m$1.1M$271K20x
ShortRISEx QQQ/USDC744.540get 0.0000% / 1h35m 50s$5.4M$7.5M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$4.35
Price spread: +0.034% → +0.037%
−$0.36
Slippage, 4 orders
−$0.88
Fee BloFin: 6 bp × 2 orders
−$12
Fee RISEx: 3 bp × 2 orders
−$6
Net
−$14.9
Costs to cover
0.189%
Break-even
31.0 days
Slippage from BloFin: live order book, 1 min ago; RISEx: live order book, 3 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 bp6.1 bp −$66.7 bp −$679.4 bp −$938doesn't fit
Sell RISEx live order book, 3 min ago0.34 bp3.3 bp −$33.7 bp −$37doesn'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−0.0141%1h742.94−0.181%$4.2M$1.8M20xas long as short
GMX QQQ/USD [ETH-USDC]L −0.0122% / S +0.0222%1h744.51+0.030%$25K26xas long as short
BloFin QQQ-USDTlong−0.0021%8h744.29long leg$1.1M$271K20x
Aster QQQUSDT0.0000%8h744.49+0.027%$841K$714K20xas long as short
Bybit QQQUSDT0.0000%8h744.41+0.016%$10.7M$5.0M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h744.290.000%$21.5M$26.9M50xas long as short
RISEx QQQ/USDCshort0.0000%1h744.54+0.034%$5.4M$7.5M25x
Gate QQQ_USDT0.0000%8h743.87−0.056%$3.3M$20.8M50xas long as short
Bitget QQQUSDT0.0000%8h744.62+0.044%$16.9M$5.7M20xas long as short
SunX QQQ-USDT0.0000%8h744.94+0.087%$2K$1.9M10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX QQQ-USDT0.0000%8h744.70+0.055%$257K$29K30xas long as short
Phemex QQQUSDT0.0000%8h744.74+0.060%$361K$1.5M10xas long as short
Variational Omni QQQ+0.0002%8h744.38+0.013%$17.1M$7.5Mas long as short
Coinbase International QQQ-PERP-INTX+0.0008%1h743.96−0.044%$1.2M$536K20xas long as short
Lighter QQQ+0.0032%1h744.31+0.003%$7.7M$16.3M30xas long as short
Arcus QQQ-USD+0.0040%1h743.75−0.073%$700K$1.6M25xas long as short
Binance QQQUSDT+0.0041%8h744.51+0.030%$71.1M$141.8M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h745.48+0.160%$337K50xas long as short
Lighter RH QQQ+0.0048%1h744.76+0.063%$36.9M$78.9M50xas long as short
Nado QQQ-PERP+0.0096%1h744.14−0.021%$1.5M$876K20xas long as short
KuCoin QQQUSDTM+0.0100%8h744.11−0.024%$3.4M$389K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h744.14−0.020%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h744.18−0.015%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h743.64−0.087%$93K$1K10xas long as short
GRVT QQQ_USDT_Perp+0.0114%8h744.62+0.044%$319K$1.9M10xas long as short
Phoenix QQQ+0.0129%1h744.01−0.038%$38K$66K20xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0261%1h744.44+0.020%$425K$149K20xas long as short
edgeX QQQUSDC+0.0636%4h744.35+0.009%$761K$334K20xas long as short