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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0287%/8h= +31.4% APRpaid last 24h +0.022%
Price spread now: Bitget against GMX−0.009%54s7-day average · you buy dearer than you sell
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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$9 a day on $10k at the current rate. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX QQQ/USD [ETH-USDC]741.98L −0.0060% / S +0.0173%get 0.0007% / 1h9m 29s$25K26x
ShortBitget QQQUSDT741.910.0227get 0.0227% / 8h2h 09m$16.7M$7.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against GMX. 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
$60.24
Price spread: −0.009% → 0.000%
−$0.88
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
$35.37
Costs to cover
0.240%
Break-even
2.9 days
Slippage unknown: GMX: no order-book sample; Bitget: live order book, 9 min ago. 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 GMX no order-book sample
Sell Bitget live order book, 9 min ago0.07 bp6.8 bp −$78.5 bp −$8511.7 bp −$1,173doesn't fit
GMX: 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]longL −0.0060% / S +0.0173%1h741.98long leg$25K26x
BloFin QQQ-USDT−0.0014%8h741.77−0.028%$1.0M$509K20xas long as short
OKX QQQ-USDT-SWAP0.0000%8h741.77−0.028%$21.3M$28.1M50xas long as short
Gate QQQ_USDT0.0000%8h741.72−0.034%$3.1M$33.3M50xas long as short
SunX QQQ-USDT0.0000%8h742.40+0.057%$1K$2.5M10xas long as short
HTX QQQ-USDT0.0000%8h742.18+0.028%$256K$32K30xas long as short
Phemex QQQUSDT0.0000%8h742.22+0.033%$361K$1.4M10xas long as short
Aster QQQUSDT+0.0006%8h741.87−0.014%$840K$780K20xas long as short
Arcus QQQ-USD+0.0025%1h741.20−0.104%$735K$1.5M25xas long as short
Ondo Perps QQQ-USD.P+0.0030%1h740.94−0.139%$4.2M$2.2M20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest QQQ-USD-PERP+0.0046%1h742.41+0.059%$621K50xas long as short
Variational Omni QQQ+0.0058%8h741.96−0.001%$17.2M$10.6Mas long as short
Coinbase International QQQ-PERP-INTX+0.0064%1h741.44−0.072%$1.2M$894K20xas long as short
Bybit QQQUSDT+0.0072%8h742.07+0.013%$10.7M$5.4M50xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0074%1h741.78−0.026%$424K$304K20xas long as short
Phoenix QQQ+0.0076%1h741.46−0.069%$38K$73K20xas long as short
Binance QQQUSDT+0.0088%8h741.96−0.001%$69.8M$165.1M25xas long as short
Lighter QQQ+0.0096%1h741.85−0.017%$7.8M$21.7M30xas long as short
KuCoin QQQUSDTM+0.0100%8h741.47−0.068%$3.4M$449K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h741.45−0.071%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h741.20−0.104%$7K$15K20xas long as short
Aevo QQQ-PERP+0.0104%1h741.30−0.092%$92K$1K10xas long as short
Lighter RH QQQ+0.0112%1h742.20+0.030%$37.8M$83.2M50xas long as short
GRVT QQQ_USDT_Perp+0.0180%8h742.06+0.012%$316K$1.7M10xas long as short
RISEx QQQ/USDC+0.0212%1h742.11+0.018%$5.4M$9.3M25xas long as short
Bitget QQQUSDTshort+0.0227%8h741.91−0.009%$16.7M$7.8M20x
Nado QQQ-PERP+0.0244%1h741.41−0.076%$1.5M$1.3M20xas long as short
edgeX QQQUSDC+0.0489%4h741.96−0.002%$759K$335K20xas long as short