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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: HTX against Gate+0.061%7-day average +0.058% · you sell dearer than you buy
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$400.403% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.011%+$1 on $10k
Price spread, last 3 days (all we have)−0.064%−$6 · spread now +0.061%, 7d avg +0.058%
Together, before fees−0.054%−$5 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate QQQ_USDT742.670get 0.0000% / 8h1h 03m$3.1M$32.9M50x
ShortHTX QQQ-USDT743.120get 0.0000% / 8h1h 03m$257K$26K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Gate. 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: +0.061% → +0.058%
$0.26
Slippage, 4 orders
−$13.34
Fee Gate: 7.5 bp × 2 orders
−$15
Fee HTX: 6 bp × 2 orders
−$12
Net
−$40.08
Costs to cover
0.403%
Break-even
never at this rate
Slippage from Gate: live order book, 5 min ago; HTX: live order book, 13 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 Gate live order book, 5 min ago1.89 bp10.0 bp −$1014.6 bp −$146doesn't fitdoesn't fit
Sell HTX live order book, 13 min ago2.69 bp8.7 bp −$915.5 bp −$155doesn'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 −0.0066% / S +0.0178%1h743.12+0.060%$25K26xas long as short
Ondo Perps QQQ-USD.P−0.0030%1h742.00−0.090%$4.2M$2.1M20xas long as short
BloFin QQQ-USDT−0.0016%8h742.23−0.059%$1.0M$468K20xas long as short
Aster QQQUSDT0.0000%8h742.86+0.025%$841K$780K20xas long as short
OKX QQQ-USDT-SWAP0.0000%8h742.89+0.030%$21.5M$27.7M50xas long as short
Gate QQQ_USDTlong0.0000%8h742.67long leg$3.1M$32.9M50x
SunX QQQ-USDT0.0000%8h743.48+0.109%$2K$2.3M10xas long as short
HTX QQQ-USDTshort0.0000%8h743.12+0.061%$257K$26K30x
Phemex QQQUSDT0.0000%8h743.39+0.097%$359K$1.4M10xas long as short
Lighter RH QQQ+0.0032%1h743.23+0.075%$37.7M$82.0M50xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni QQQ+0.0036%8h742.77+0.014%$17.6M$10.3Mas long as short
Arcus QQQ-USD+0.0040%1h742.22−0.061%$737K$1.4M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h743.48+0.109%$621K50xas long as short
Lighter QQQ+0.0048%1h742.91+0.032%$7.7M$21.6M30xas long as short
Binance QQQUSDT+0.0071%8h743.11+0.059%$70.7M$160.5M25xas long as short
Bybit QQQUSDT+0.0084%8h743.15+0.065%$10.7M$5.2M50xas long as short
Coinbase International QQQ-PERP-INTX+0.0088%1h742.53−0.019%$1.2M$868K20xas long as short
KuCoin QQQUSDTM+0.0100%8h742.57−0.013%$3.4M$428K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h742.27−0.054%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h742.37−0.040%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h742.30−0.050%$92K$1K10xas long as short
Nado QQQ-PERP+0.0161%1h742.55−0.016%$1.5M$1.3M20xas long as short
GRVT QQQ_USDT_Perp+0.0176%8h743.11+0.059%$319K$1.8M10xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0181%1h742.82+0.020%$424K$227K20xas long as short
Bitget QQQUSDT+0.0193%8h742.87+0.027%$16.9M$7.0M20xas long as short
Phoenix QQQ+0.0259%1h742.27−0.054%$38K$73K20xas long as short
RISEx QQQ/USDC+0.0315%1h743.20+0.071%$5.4M$9.0M25xas long as short
edgeX QQQUSDC+0.0397%4h742.92+0.034%$760K$336K20xas long as short