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 −0.014%
Price spread now: Gate against Bybit−0.034%7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$380.378% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.051%−$5 on $10k
Price spread, last 7 days+0.057%+$6 · spread now −0.034%, 7d avg −0.025%
Together, before fees+0.006%+$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit QQQUSDT743.500get 0.0000% / 8h3h 50m$10.7M$5.0M50x
ShortGate QQQ_USDT743.250get 0.0000% / 8h3h 50m$3.3M$20.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: −0.034% → −0.025%
−$0.84
Slippage, 4 orders
−$11.77
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$38.6
Costs to cover
0.378%
Break-even
never at this rate
Slippage from Bybit: live order book, 2 min ago; Gate: 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 Bybit live order book, 2 min ago0.07 bp8.0 bp −$811.6 bp −$11673.5 bp −$7,353doesn't fit
Sell Gate live order book, 3 min ago0.07 bp11.7 bp −$1214.8 bp −$148doesn'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 −0.0131% / S +0.0229%1h743.57+0.009%$25K26xas long as short
Ondo Perps QQQ-USD.P−0.0034%1h742.29−0.163%$4.2M$1.8M20xas long as short
BloFin QQQ-USDT−0.0013%8h743.61+0.015%$1.1M$255K20xas long as short
Aster QQQUSDT0.0000%8h743.37−0.018%$840K$714K20xas long as short
Bybit QQQUSDTlong0.0000%8h743.50long leg$10.7M$5.0M50x
OKX QQQ-USDT-SWAP0.0000%8h743.30−0.027%$21.5M$26.9M50xas long as short
Gate QQQ_USDTshort0.0000%8h743.25−0.034%$3.3M$20.7M50x
Bitget QQQUSDT0.0000%8h743.72+0.030%$16.9M$5.5M20xas long as short
Variational Omni QQQ0.0000%8h743.43−0.009%$17.1M$7.4Mas long as short
SunX QQQ-USDT0.0000%8h744.00+0.067%$2K$1.9M10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International QQQ-PERP-INTX0.0000%1h743.18−0.043%$1.2M$536K20xas long as short
HTX QQQ-USDT0.0000%8h744.04+0.073%$257K$29K30xas long as short
Phemex QQQUSDT0.0000%8h743.92+0.056%$361K$1.6M10xas long as short
RISEx QQQ/USDC+0.0010%1h743.47−0.004%$5.4M$7.3M25xas long as short
Binance QQQUSDT+0.0013%8h743.40−0.013%$70.9M$141.1M25xas long as short
Lighter QQQ+0.0032%1h743.28−0.030%$7.7M$15.8M30xas long as short
Lighter RH QQQ+0.0040%1h743.69+0.026%$37.0M$77.9M50xas long as short
Arcus QQQ-USD+0.0040%1h742.96−0.073%$699K$1.6M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h744.53+0.139%$337K50xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0073%1h743.32−0.024%$425K$150K20xas long as short
GRVT QQQ_USDT_Perp+0.0080%8h743.92+0.057%$326K$1.9M10xas long as short
Nado QQQ-PERP+0.0096%1h743.20−0.040%$1.5M$786K20xas long as short
KuCoin QQQUSDTM+0.0100%8h743.16−0.046%$3.4M$343K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h743.42−0.011%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h743.27−0.031%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h742.73−0.103%$92K$1K10xas long as short
Phoenix QQQ+0.0118%1h743.27−0.031%$38K$66K20xas long as short
edgeX QQQUSDC+0.0470%4h743.62+0.016%$760K$335K20xas long as short