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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0612%/8h= −67.0% APRpaid last 24h +0.076%
Price spread now: Vest against edgeX+0.102%7-day average +0.154% · you sell dearer than you buy
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 3 days (all we have)+0.373%+$37 on $10k
Price spread, last 3 days (all we have)−0.089%−$9 · spread now +0.102%, 7d avg +0.154%
Together, before fees+0.284%+ Points / potential airdropedgeX: Active · Vest: Active · farm board+$28 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and Vest is 0.053% cheaper against edgeX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.154%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.373%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX QQQUSDC743.310.0658pay 0.0329% / 4h16m 57s$760K$337K20x
ShortVest QQQ-USD-PERP744.070.0046get 0.0006% / 1h16m 57s$621K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest 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
−$128.49
Price spread: +0.102% → +0.154%
−$5.27
Slippage, 4 orders
no order book: not counted
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Vest: 1 bp × 2 orders
−$2
Net
−$144.76
Costs to cover
0.110%
Break-even
never at this rate
Slippage unknown: edgeX: live order book, 62 min ago; Vest: 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 edgeX live order book, 62 min ago4.11 bp8.7 bp −$99.7 bp −$97doesn't fitdoesn't fit
Sell Vest no order-book sample
Vest: 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 −0.0076% / S +0.0186%1h743.62+0.040%$25K26xas long as short
Ondo Perps QQQ-USD.P−0.0026%1h742.12−0.161%$4.2M$2.1M20xas long as short
BloFin QQQ-USDT−0.0021%8h743.09−0.030%$1.1M$320K20xas long as short
Aster QQQUSDT0.0000%8h743.36+0.006%$845K$783K20xas long as short
OKX QQQ-USDT-SWAP0.0000%8h743.44+0.017%$21.6M$27.5M50xas long as short
Gate QQQ_USDT0.0000%8h743.33+0.002%$3.1M$32.8M50xas long as short
SunX QQQ-USDT0.0000%8h744.05+0.099%$2K$2.3M10xas long as short
HTX QQQ-USDT0.0000%8h743.15−0.022%$257K$25K30xas long as short
Phemex QQQUSDT0.0000%8h743.94+0.084%$362K$1.4M10xas long as short
Lighter RH QQQ+0.0032%1h743.77+0.061%$37.5M$80.5M50xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus QQQ-USD+0.0040%1h742.83−0.065%$694K$1.5M25xas long as short
Vest QQQ-USD-PERPshort+0.0046%1h744.07+0.102%$621K50x
Variational Omni QQQ+0.0046%8h743.32+0.001%$17.6M$10.3Mas long as short
Lighter QQQ+0.0064%1h743.46+0.020%$7.6M$20.9M30xas long as short
Coinbase International QQQ-PERP-INTX+0.0072%1h742.85−0.062%$1.2M$865K20xas long as short
Binance QQQUSDT+0.0076%8h743.57+0.034%$71.1M$160.6M25xas long as short
KuCoin QQQUSDTM+0.0100%8h743.13−0.025%$3.4M$416K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h743.07−0.033%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h743.29−0.003%$12K$21K20xas long as short
Bybit QQQUSDT+0.0101%8h743.62+0.041%$10.7M$5.2M50xas long as short
Aevo QQQ-PERP+0.0104%1h742.89−0.058%$92K$1K10xas long as short
Nado QQQ-PERP+0.0172%1h743.15−0.022%$1.5M$1.3M20xas long as short
Bitget QQQUSDT+0.0182%8h743.57+0.034%$16.9M$7.0M20xas long as short
GRVT QQQ_USDT_Perp+0.0191%8h743.65+0.045%$323K$1.8M10xas long as short
RISEx QQQ/USDC+0.0193%1h743.73+0.056%$5.4M$8.9M25xas long as short
Phoenix QQQ+0.0194%1h743.09−0.030%$38K$73K20xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0208%1h743.41+0.013%$425K$164K20xas long as short
edgeX QQQUSDClong+0.0658%4h743.31long leg$760K$337K20x