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 +0.003%
Price spread now: OKX against Gate+0.020%7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$320.321% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.047%+$5 on $10k
Price spread, last 7 days−0.065%−$6 · spread now +0.020%, 7d avg +0.011%
Together, before fees−0.018%−$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate QQQ_USDT743.100get 0.0000% / 8h22m 05s$3.1M$32.8M50x
ShortOKX QQQ-USDT-SWAP743.250get 0.0000% / 8h22m 05s$21.6M$27.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: +0.020% → +0.011%
$0.89
Slippage, 4 orders
−$7.14
Fee Gate: 7.5 bp × 2 orders
−$15
Fee OKX: 5 bp × 2 orders
−$10
Net
−$31.25
Costs to cover
0.321%
Break-even
never at this rate
Slippage from Gate: live order book, 2 min ago; OKX: live order book, 2 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, 2 min ago1.14 bp9.1 bp −$914.4 bp −$144doesn't fitdoesn't fit
Sell OKX live order book, 2 min ago0.07 bp5.1 bp −$55.7 bp −$5712.8 bp −$1,279doesn'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 −0.0075% / S +0.0185%1h743.48+0.050%$25K26xas long as short
BloFin QQQ-USDT−0.0023%8h743.09−0.001%$1.1M$469K20xas long as short
Aster QQQUSDT0.0000%8h743.36+0.035%$845K$783K20xas long as short
OKX QQQ-USDT-SWAPshort0.0000%8h743.25+0.020%$21.6M$27.8M50x
Gate QQQ_USDTlong0.0000%8h743.10long leg$3.1M$32.8M50x
SunX QQQ-USDT0.0000%8h743.91+0.109%$2K$2.3M10xas long as short
HTX QQQ-USDT0.0000%8h743.13+0.004%$257K$25K30xas long as short
Phemex QQQUSDT0.0000%8h744.03+0.125%$362K$1.4M10xas long as short
Ondo Perps QQQ-USD.P+0.0007%1h742.05−0.141%$4.2M$2.1M20xas long as short
Lighter RH QQQ+0.0040%1h743.66+0.075%$37.5M$80.2M50xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus QQQ-USD+0.0040%1h742.72−0.051%$694K$1.5M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h743.95+0.114%$621K50xas long as short
Variational Omni QQQ+0.0047%8h743.33+0.031%$17.6M$10.3Mas long as short
Lighter QQQ+0.0072%1h743.32+0.030%$7.6M$20.9M30xas long as short
Coinbase International QQQ-PERP-INTX+0.0072%1h742.85−0.034%$1.2M$865K20xas long as short
Binance QQQUSDT+0.0076%8h743.43+0.044%$71.0M$160.7M25xas long as short
KuCoin QQQUSDTM+0.0100%8h743.01−0.012%$3.4M$418K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h742.98−0.016%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h743.16+0.008%$12K$21K20xas long as short
Bybit QQQUSDT+0.0102%8h743.47+0.050%$10.7M$5.2M50xas long as short
Aevo QQQ-PERP+0.0104%1h742.74−0.048%$92K$1K10xas long as short
Nado QQQ-PERP+0.0175%1h742.94−0.021%$1.5M$1.3M20xas long as short
Bitget QQQUSDT+0.0184%8h743.52+0.057%$16.9M$7.0M20xas long as short
GRVT QQQ_USDT_Perp+0.0190%8h743.51+0.055%$323K$1.8M10xas long as short
RISEx QQQ/USDC+0.0193%1h743.55+0.061%$5.4M$8.9M25xas long as short
Phoenix QQQ+0.0194%1h742.91−0.026%$38K$73K20xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0248%1h743.29+0.026%$425K$164K20xas long as short
edgeX QQQUSDC+0.0822%4h743.37+0.036%$760K$335K20xas long as short