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+0.0011%/8h= +1.2% APRnext payment +$0.11 per $10,000 · paid last 24h −0.027%
Price spread now: SunX against BloFin+0.054%7-day average +0.057% · you sell dearer than you buy
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$770.771% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.132%+$13 on $10k
Price spread, last 4 days (all we have)−0.038%−$4 · spread now +0.054%, 7d avg +0.057%
Together, before fees+0.095%+$9 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.057%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin QQQ-USDT743.11−0.0011get 0.0011% / 8h3h 18m$1.1M$246K20x
ShortSunX QQQ-USDT743.510get 0.0000% / 8h3h 18m$2K$1.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
$2.25
Price spread: +0.054% → +0.057%
−$0.32
Slippage, 4 orders
−$57.13
Fee BloFin: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$75.2
Costs to cover
0.771%
Break-even
241.4 days
Slippage from BloFin: live order book, 3 min ago; SunX: live order book, 7 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, 3 min ago0.14 bp6.2 bp −$67.1 bp −$7111.0 bp −$1,097doesn't fit
Sell SunX live order book, 7 min ago21.65 bp38.2 bp −$38doesn't fitdoesn'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
GMX QQQ/USD [ETH-USDC]L −0.0138% / S +0.0234%1h743.14+0.005%$25K26xas long as short
Ondo Perps QQQ-USD.P−0.0030%1h741.97−0.153%$4.2M$1.8M20xas long as short
BloFin QQQ-USDTlong−0.0011%8h743.11long leg$1.1M$246K20x
Aster QQQUSDT0.0000%8h742.98−0.018%$824K$857K20xas long as short
Binance QQQUSDT0.0000%8h743.06−0.007%$70.3M$142.5M25xas long as short
Bybit QQQUSDT0.0000%8h743.06−0.007%$10.7M$5.0M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h742.88−0.031%$21.5M$27.2M50xas long as short
Gate QQQ_USDT0.0000%8h742.44−0.090%$3.3M$21.2M50xas long as short
Bitget QQQUSDT0.0000%8h743.17+0.008%$16.9M$5.5M20xas long as short
Variational Omni QQQ0.0000%8h743.17+0.009%$17.1M$7.3Mas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX QQQ-USDTshort0.0000%8h743.51+0.054%$2K$1.9M10x
Coinbase International QQQ-PERP-INTX0.0000%1h742.64−0.063%$1.2M$537K20xas long as short
HTX QQQ-USDT0.0000%8h743.43+0.043%$257K$29K30xas long as short
Phemex QQQUSDT0.0000%8h743.37+0.035%$361K$1.6M10xas long as short
RISEx QQQ/USDC+0.0010%1h743.14+0.004%$5.4M$7.3M25xas long as short
Lighter QQQ+0.0032%1h742.88−0.031%$7.7M$15.8M30xas long as short
Lighter RH QQQ+0.0032%1h743.27+0.022%$37.0M$79.4M50xas long as short
Arcus QQQ-USD+0.0040%1h742.29−0.110%$704K$1.6M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h744.04+0.125%$337K50xas long as short
GRVT QQQ_USDT_Perp+0.0064%8h743.36+0.033%$320K$1.9M10xas long as short
Nado QQQ-PERP+0.0079%1h742.72−0.052%$1.5M$746K20xas long as short
KuCoin QQQUSDTM+0.0100%8h742.75−0.048%$3.4M$340K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h742.87−0.032%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h742.81−0.040%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h742.28−0.111%$92K$1K10xas long as short
Phoenix QQQ+0.0118%1h742.68−0.058%$38K$66K20xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0221%1h742.94−0.023%$424K$151K20xas long as short
edgeX QQQUSDC+0.0638%4h743.13+0.002%$760K$335K20xas long as short