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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.003%
Price spread now: Aster against Coinbase International+0.055%7-day average +0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$210.208% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.195%−$20 on $10k
Price spread, last 4 days (all we have)−0.119%−$12 · spread now +0.055%, 7d avg +0.054%
Together, before fees−0.314%+ Points / potential airdropAster: Stage 5 · farm board−$31 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International QQQ-PERP-INTX742.240get 0.0000% / 1h0m 30s$1.2M$539K20x
ShortAster QQQUSDT742.650get 0.0000% / 8h3h 00m$824K$857K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster 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
$0
Price spread: +0.055% → +0.054%
$0.11
Slippage, 4 orders
−$2.81
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$20.7
Costs to cover
0.208%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 3 min ago; Aster: live order book, 52 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 Coinbase International live order book, 3 min ago0.07 bp5.2 bp −$57.4 bp −$7443.2 bp −$4,315doesn't fit
Sell Aster live order book, 52 min ago0.81 bp4.8 bp −$56.5 bp −$6563.6 bp −$6,356doesn'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 −0.0141% / S +0.0237%1h742.63+0.052%$25K26xas long as short
Ondo Perps QQQ-USD.P−0.0013%1h741.50−0.100%$4.2M$1.8M20xas long as short
Aster QQQUSDTshort0.0000%8h742.65+0.055%$824K$857K20x
Binance QQQUSDT0.0000%8h742.61+0.050%$69.8M$143.9M25xas long as short
Bybit QQQUSDT0.0000%8h742.59+0.047%$10.6M$5.0M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h742.37+0.018%$21.6M$27.6M50xas long as short
Gate QQQ_USDT0.0000%8h741.96−0.038%$3.3M$21.3M50xas long as short
Bitget QQQUSDT0.0000%8h742.71+0.063%$16.7M$5.6M20xas long as short
Variational Omni QQQ0.0000%8h742.50+0.034%$17.1M$7.2Mas long as short
SunX QQQ-USDT0.0000%8h743.10+0.116%$2K$1.9M10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International QQQ-PERP-INTXlong0.0000%1h742.24long leg$1.2M$539K20x
HTX QQQ-USDT0.0000%8h742.92+0.092%$257K$29K30xas long as short
Phemex QQQUSDT0.0000%8h742.83+0.079%$362K$1.6M10xas long as short
RISEx QQQ/USDC+0.0010%1h742.67+0.059%$5.4M$7.2M25xas long as short
BloFin QQQ-USDT+0.0027%8h742.85+0.082%$1.1M$246K20xas long as short
Lighter QQQ+0.0032%1h742.47+0.031%$7.7M$15.9M30xas long as short
Lighter RH QQQ+0.0032%1h742.87+0.085%$37.0M$79.7M50xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0033%1h742.32+0.011%$424K$151K20xas long as short
Arcus QQQ-USD+0.0040%1h741.91−0.044%$700K$1.6M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h743.61+0.185%$337K50xas long as short
GRVT QQQ_USDT_Perp+0.0074%8h743.00+0.103%$320K$1.9M10xas long as short
KuCoin QQQUSDTM+0.0100%8h742.30+0.008%$3.4M$345K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h742.34+0.013%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h742.34+0.013%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h741.80−0.060%$92K$1K10xas long as short
Nado QQQ-PERP+0.0106%1h742.27+0.003%$1.5M$763K20xas long as short
Phoenix QQQ+0.0118%1h742.32+0.011%$38K$66K20xas long as short
edgeX QQQUSDC+0.0633%4h742.64+0.054%$759K$336K20xas long as short