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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0480%/8h= +52.6% APRpaid last 24h −0.022%
Price spread now: edgeX against Deribit+0.040%7-day average +0.040% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$270.270% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.467%−$47 on $10k
Price spread, last 3 days (all we have)+0.003%$0 · spread now +0.040%, 7d avg +0.040%
Together, before fees−0.464%+ Points / potential airdropedgeX: Active · farm board−$46 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.040%, so right now this pair is about funding alone: +$14 a day on $10k at the current rate. Mind the row above: over the last 5 days funding on this pair cost −0.467%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit QQQ_USDC-PERPETUAL743.830get 0.0000% / 1h41m 04s$425K$148K20x
ShortedgeX QQQUSDC744.130.0480get 0.0240% / 4h2h 41m$761K$333K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Deribit. 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
$100.84
Price spread: +0.040% → +0.040%
$0.06
Slippage, 4 orders
−$10.98
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$73.92
Costs to cover
0.270%
Break-even
1.9 days
Slippage from Deribit: live order book, 28 min ago; edgeX: live order book, 28 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 Deribit live order book, 28 min ago0.07 bp3.6 bp −$43.8 bp −$38doesn't fitdoesn't fit
Sell edgeX live order book, 28 min ago4.16 bp8.7 bp −$99.8 bp −$98doesn'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
Ondo Perps QQQ-USD.P−0.0178%1h743.00−0.112%$4.2M$2.0M20xas long as short
GMX QQQ/USD [ETH-USDC]L −0.0096% / S +0.0202%1h744.15+0.044%$25K26xas long as short
Bybit QQQUSDT0.0000%8h744.13+0.040%$10.7M$5.0M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h743.96+0.017%$21.5M$25.3M50xas long as short
Gate QQQ_USDT0.0000%8h743.90+0.009%$3.2M$21.2M50xas long as short
SunX QQQ-USDT0.0000%8h744.66+0.112%$2K$2.1M10xas long as short
Deribit QQQ_USDC-PERPETUALlong0.0000%1h743.83long leg$425K$148K20x
HTX QQQ-USDT0.0000%8h744.32+0.066%$257K$29K30xas long as short
Phemex QQQUSDT0.0000%8h744.26+0.058%$360K$1.4M10xas long as short
Aster QQQUSDT+0.0013%8h744.15+0.043%$841K$712K20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin QQQ-USDT+0.0026%8h744.31+0.065%$1.1M$319K20xas long as short
Lighter QQQ+0.0032%1h743.93+0.013%$7.7M$17.7M30xas long as short
Lighter RH QQQ+0.0032%1h744.35+0.070%$37.3M$79.5M50xas long as short
Arcus QQQ-USD+0.0040%1h743.34−0.066%$747K$1.6M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h745.12+0.173%$356K50xas long as short
Coinbase International QQQ-PERP-INTX+0.0048%1h744.05+0.030%$1.2M$538K20xas long as short
Variational Omni QQQ+0.0065%8h744.04+0.028%$17.1M$7.6Mas long as short
Binance QQQUSDT+0.0090%8h744.16+0.044%$71.1M$147.4M25xas long as short
Bitget QQQUSDT+0.0090%8h744.18+0.047%$16.9M$5.9M20xas long as short
KuCoin QQQUSDTM+0.0100%8h743.90+0.009%$3.4M$406K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h743.76−0.009%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h743.87+0.005%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h743.41−0.057%$93K$1K10xas long as short
Nado QQQ-PERP+0.0121%1h743.79−0.005%$1.5M$1.0M20xas long as short
RISEx QQQ/USDC+0.0168%1h744.15+0.043%$5.4M$8.2M25xas long as short
Phoenix QQQ+0.0183%1h743.78−0.007%$38K$66K20xas long as short
GRVT QQQ_USDT_Perp+0.0257%8h744.49+0.088%$319K$1.8M10xas long as short
edgeX QQQUSDCshort+0.0480%4h744.13+0.040%$761K$333K20x