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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.026%
Price spread now: Bitget against Bybit+0.017%7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
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+0.079%+$8 on $10k
Price spread, last 7 days−0.004%$0 · spread now +0.017%, 7d avg +0.013%
Together, before fees+0.075%+$7 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit QQQUSDT743.800get 0.0000% / 8h3h 53m$10.7M$5.0M50x
ShortBitget QQQUSDT743.930get 0.0000% / 8h3h 53m$16.9M$5.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Bybit. 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
$0
Price spread: +0.017% → +0.013%
$0.4
Slippage, 4 orders
−$6.73
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$29.33
Costs to cover
0.297%
Break-even
never at this rate
Slippage from Bybit: live order book, 5 min ago; Bitget: live order book, 1 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 Bybit live order book, 5 min ago0.74 bp8.4 bp −$812.4 bp −$12481.5 bp −$8,151doesn't fit
Sell Bitget live order book, 1 min ago0.07 bp6.6 bp −$78.4 bp −$8412.4 bp −$1,238doesn'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 −0.0131% / S +0.0229%1h743.75−0.007%$25K26xas long as short
Ondo Perps QQQ-USD.P−0.0043%1h742.62−0.159%$4.2M$1.8M20xas long as short
BloFin QQQ-USDT−0.0016%8h743.63−0.023%$1.1M$256K20xas long as short
Aster QQQUSDT0.0000%8h743.75−0.007%$840K$714K20xas long as short
Bybit QQQUSDTlong0.0000%8h743.80long leg$10.7M$5.0M50x
OKX QQQ-USDT-SWAP0.0000%8h743.61−0.026%$21.5M$26.8M50xas long as short
Gate QQQ_USDT0.0000%8h743.25−0.074%$3.3M$20.7M50xas long as short
Bitget QQQUSDTshort0.0000%8h743.93+0.017%$16.9M$5.5M20x
Variational Omni QQQ0.0000%8h743.78−0.002%$17.1M$7.4Mas long as short
SunX QQQ-USDT0.0000%8h744.19+0.052%$2K$1.9M10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International QQQ-PERP-INTX0.0000%1h743.62−0.024%$1.2M$536K20xas long as short
HTX QQQ-USDT0.0000%8h744.04+0.032%$257K$29K30xas long as short
Phemex QQQUSDT0.0000%8h744.09+0.039%$362K$1.6M10xas long as short
RISEx QQQ/USDC+0.0010%1h743.80+0.001%$5.4M$7.3M25xas long as short
Binance QQQUSDT+0.0015%8h743.74−0.008%$71.0M$141.1M25xas long as short
Lighter QQQ+0.0032%1h743.62−0.024%$7.7M$15.8M30xas long as short
Arcus QQQ-USD+0.0040%1h743.15−0.087%$699K$1.6M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h744.69+0.120%$337K50xas long as short
Lighter RH QQQ+0.0056%1h744.02+0.030%$37.0M$77.9M50xas long as short
GRVT QQQ_USDT_Perp+0.0086%8h744.21+0.055%$326K$1.9M10xas long as short
Nado QQQ-PERP+0.0093%1h743.40−0.054%$1.5M$793K20xas long as short
KuCoin QQQUSDTM+0.0100%8h743.55−0.034%$3.4M$342K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h743.42−0.051%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h743.48−0.043%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h743.01−0.107%$92K$1K10xas long as short
Phoenix QQQ+0.0118%1h743.69−0.015%$38K$66K20xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0127%1h743.58−0.030%$425K$150K20xas long as short
edgeX QQQUSDC+0.0851%4h743.70−0.014%$760K$334K20xas long as short