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+0.0104%/8h= +11.4% APRnext payment +$0.13 per $10,000 · paid last 24h +0.023%
Price spread now: Aevo against Coinbase International−0.034%7-day average · you buy dearer than you sell
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 7 days−0.061%−$6 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Aevo is 0.034% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.034% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 26 hours of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.061%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International QQQ-PERP-INTX742.770get 0.0000% / 1h26m 56s$1.2M$535K20x
ShortAevo QQQ-PERP742.520.0104get 0.0013% / 1h26m 56s$92K$1K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Coinbase International. 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
$21.84
Price spread: −0.034% → 0.000%
−$3.41
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$7.57
Costs to cover
0.260%
Break-even
9.4 days
Slippage unknown: Coinbase International: live order book, 2 min ago; Aevo: 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 Coinbase International live order book, 2 min ago0.07 bp6.3 bp −$67.7 bp −$7732.0 bp −$3,197doesn't fit
Sell Aevo no order-book sample
Aevo: 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 −0.0136% / S +0.0233%1h743.24+0.063%$25K26xas long as short
Ondo Perps QQQ-USD.P−0.0046%1h742.32−0.061%$4.2M$1.8M20xas long as short
BloFin QQQ-USDT−0.0028%8h743.11+0.046%$1.1M$256K20xas long as short
Aster QQQUSDT0.0000%8h743.23+0.062%$840K$714K20xas long as short
Binance QQQUSDT0.0000%8h743.19+0.057%$70.7M$141.8M25xas long as short
Bybit QQQUSDT0.0000%8h743.21+0.059%$10.7M$5.0M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h743.08+0.042%$21.5M$27.1M50xas long as short
Gate QQQ_USDT0.0000%8h742.66−0.015%$3.3M$21.1M50xas long as short
Bitget QQQUSDT0.0000%8h743.33+0.075%$16.9M$5.5M20xas long as short
Variational Omni QQQ0.0000%8h743.21+0.060%$17.1M$7.3Mas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX QQQ-USDT0.0000%8h743.86+0.147%$2K$1.9M10xas long as short
Coinbase International QQQ-PERP-INTXlong0.0000%1h742.77long leg$1.2M$535K20x
HTX QQQ-USDT0.0000%8h743.44+0.090%$257K$29K30xas long as short
Phemex QQQUSDT0.0000%8h743.46+0.093%$360K$1.6M10xas long as short
RISEx QQQ/USDC+0.0010%1h743.43+0.089%$5.4M$7.3M25xas long as short
Lighter QQQ+0.0032%1h743.15+0.051%$7.7M$15.8M30xas long as short
Lighter RH QQQ+0.0032%1h743.48+0.096%$37.0M$79.1M50xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0033%1h743.15+0.051%$425K$150K20xas long as short
Arcus QQQ-USD+0.0040%1h742.48−0.039%$704K$1.6M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h744.30+0.206%$337K50xas long as short
GRVT QQQ_USDT_Perp+0.0070%8h743.39+0.084%$321K$1.9M10xas long as short
Nado QQQ-PERP+0.0078%1h743.11+0.045%$1.5M$758K20xas long as short
KuCoin QQQUSDTM+0.0100%8h742.99+0.030%$3.4M$340K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h742.92+0.020%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h743.04+0.036%$12K$21K20xas long as short
Aevo QQQ-PERPshort+0.0104%1h742.52−0.034%$92K$1K10x
Phoenix QQQ+0.0118%1h742.84+0.009%$38K$66K20xas long as short
edgeX QQQUSDC+0.0725%4h743.13+0.048%$760K$333K20xas long as short