Funding arb · Price arb /

QQQ

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0104%/8h= +11.4% APRpaid last 24h +0.031%

Price spread now: Aevo against HTX−0.148%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on HTX Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days+0.175%+$18 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Aevo is 0.148% cheaper against HTX than usual: you would sell low and buy high (spread −0.148% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$15 on $10k: about 4.7 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX QQQ-USDT	743.10	0	get 0.0000% / 8h	1h 58m	$251K	$41K	30x
Short	Aevo QQQ-PERP	742.00	0.0104	get 0.0013% / 1h	58m 04s	$92K	$1K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against HTX. 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

Position, each leg$Hold fordaysFee HTXbpFee AevobpOrdersPrice spread, now −0.148%Rate

Funding earned: $21.84
Price spread: −0.148% → 0.000%: −$14.78
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$20.94
Costs to cover: 0.280%
Break-even: 13.7 days

Slippage unknown: HTX: live order book, 49 min ago; Aevo: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy HTX live order book, 49 min ago	2.69 bp	8.7 bp −$9	9.9 bp −$99	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GMX QQQ/USD [ETH-USDC]	L −0.0154% / S +0.0247%	1h	742.86	−0.033%	$25K	—	26x	as long as short
Ondo Perps QQQ-USD.P	−0.0073%	1h	741.43	−0.225%	$4.2M	$1.8M	20x	as long as short
BloFin QQQ-USDT	−0.0001%	8h	742.60	−0.067%	$1.1M	$278K	20x	as long as short
Aster QQQUSDT	0.0000%	8h	742.33	−0.104%	$823K	$858K	20x	as long as short
Binance QQQUSDT	0.0000%	8h	742.81	−0.039%	$70.2M	$145.4M	25x	as long as short
Bybit QQQUSDT	0.0000%	8h	742.81	−0.039%	$10.6M	$5.2M	50x	as long as short
OKX QQQ-USDT-SWAP	0.0000%	8h	742.60	−0.067%	$21.5M	$28.3M	50x	as long as short
RISEx QQQ/USDC	0.0000%	1h	742.66	−0.060%	$5.4M	$6.5M	25x	as long as short
Gate QQQ_USDT	0.0000%	8h	742.10	−0.135%	$3.3M	$21.3M	50x	as long as short
Bitget QQQUSDT	0.0000%	8h	742.90	−0.027%	$16.6M	$5.6M	20x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni QQQ	0.0000%	8h	742.82	−0.038%	$16.9M	$7.3M	—	as long as short
SunX QQQ-USDT	0.0000%	8h	743.28	+0.024%	$2K	$1.8M	10x	as long as short
HTX QQQ-USDTlong	0.0000%	8h	743.10	long leg	$251K	$41K	30x
Phemex QQQUSDT	0.0000%	8h	743.14	+0.005%	$362K	$1.6M	10x	as long as short
Coinbase International QQQ-PERP-INTX	+0.0016%	1h	742.10	−0.135%	$1.2M	$541K	20x	as long as short
Lighter QQQ	+0.0032%	1h	742.60	−0.067%	$7.6M	$15.4M	30x	as long as short
Lighter RH QQQ	+0.0032%	1h	742.96	−0.019%	$36.9M	$79.4M	50x	as long as short
Arcus QQQ-USD	+0.0040%	1h	741.90	−0.161%	$687K	$1.6M	25x	as long as short
Vest QQQ-USD-PERP	+0.0046%	1h	743.69	+0.079%	—	$337K	50x	as long as short
edgeX QQQUSDC	+0.0065%	4h	742.83	−0.036%	$760K	$336K	20x	as long as short
GRVT QQQ_USDT_Perp	+0.0098%	8h	743.09	−0.001%	$322K	$2.0M	10x	as long as short
KuCoin QQQUSDTM	+0.0100%	8h	742.39	−0.096%	$3.4M	$354K	20x	as long as short
ApeX Omni QQQUSDT	+0.0100%	1h	742.46	−0.086%	$20K	$2.2M	50x	as long as short
Orderly PERP_QQQ_USDC_mythos	+0.0100%	8h	742.52	−0.078%	$12K	$21K	20x	as long as short
Aevo QQQ-PERPshort	+0.0104%	1h	742.00	−0.148%	$92K	$1K	10x
Deribit QQQ_USDC-PERPETUAL	+0.0127%	1h	742.61	−0.066%	$424K	$153K	20x	as long as short
Phoenix QQQ	+0.0129%	1h	742.61	−0.066%	$38K	$66K	20x	as long as short
Nado QQQ-PERP	+0.0143%	1h	742.23	−0.118%	$1.5M	$748K	20x	as long as short