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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0027%/8h= −3.0% APRpaid last 24h −0.065%
Price spread now: SunX against edgeX+0.065%7-day average +0.066% · you sell dearer than you buy
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$810.810% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.097%−$10 on $10k
Price spread, last 4 days (all we have)−0.003%$0 · spread now +0.065%, 7d avg +0.066%
Together, before fees−0.100%+ Points / potential airdropedgeX: Active · farm board−$10 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.066%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX QQQUSDC741.760.0027pay 0.0014% / 4h13m 13s$758K$337K20x
ShortSunX QQQ-USDT742.240get 0.0000% / 8h13m 13s$2K$1.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against edgeX. 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
−$5.75
Price spread: +0.065% → +0.066%
−$0.12
Slippage, 4 orders
−$64
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee SunX: 4 bp × 2 orders
−$8
Net
−$86.87
Costs to cover
0.810%
Break-even
never at this rate
Slippage from edgeX: live order book, 26 min ago; SunX: live order book, 12 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 edgeX live order book, 26 min ago4.11 bp8.7 bp −$99.7 bp −$97doesn't fitdoesn't fit
Sell SunX live order book, 12 min ago21.63 bp38.0 bp −$38doesn't fitdoesn'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 −0.0176% / S +0.0264%1h741.87+0.014%$25K26xas long as short
Ondo Perps QQQ-USD.P−0.0154%1h740.55−0.163%$4.2M$1.8M20xas long as short
Gate QQQ_USDT−0.0092%8h741.28−0.065%$3.3M$21.7M50xas long as short
BloFin QQQ-USDT−0.0023%8h741.73−0.004%$1.1M$274K20xas long as short
Aster QQQUSDT0.0000%8h741.91+0.020%$824K$863K20xas long as short
Bybit QQQUSDT0.0000%8h741.83+0.010%$10.7M$5.0M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h741.75−0.001%$21.5M$28.3M50xas long as short
RISEx QQQ/USDC0.0000%1h741.74−0.003%$5.4M$5.9M25xas long as short
Bitget QQQUSDT0.0000%8h742.11+0.047%$16.5M$5.3M20xas long as short
Variational Omni QQQ0.0000%8h741.75−0.001%$16.8M$7.2Mas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX QQQ-USDTshort0.0000%8h742.24+0.065%$2K$1.7M10x
HTX QQQ-USDT0.0000%8h742.05+0.039%$251K$41K30xas long as short
Phemex QQQUSDT0.0000%8h742.37+0.082%$361K$1.6M10xas long as short
Coinbase International QQQ-PERP-INTX+0.0016%1h741.15−0.082%$1.2M$488K20xas long as short
Binance QQQUSDT+0.0023%8h742.05+0.039%$70.3M$141.0M25xas long as short
edgeX QQQUSDClong+0.0027%4h741.76long leg$758K$337K20x
Lighter QQQ+0.0032%1h741.84+0.011%$7.7M$15.4M30xas long as short
Lighter RH QQQ+0.0032%1h742.18+0.057%$37.2M$81.1M50xas long as short
Arcus QQQ-USD+0.0040%1h740.97−0.106%$647K$1.7M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h742.90+0.154%$337K50xas long as short
KuCoin QQQUSDTM+0.0100%8h741.64−0.016%$3.4M$351K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h741.34−0.056%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h741.81+0.007%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h741.31−0.060%$92K$1K10xas long as short
Nado QQQ-PERP+0.0138%1h741.47−0.039%$1.6M$748K20xas long as short
GRVT QQQ_USDT_Perp+0.0143%8h741.98+0.030%$314K$2.0M10xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0168%1h741.84+0.011%$424K$156K20xas long as short
Phoenix QQQ+0.0227%1h741.64−0.016%$38K$65K20xas long as short