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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0028%/8h= +3.0% APRnext payment +$0.28 per $10,000 · paid last 24h +0.015%
Price spread now: BloFin against HTX−0.046%7-day average −0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$320.317% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.118%−$12 on $10k
Price spread, last 4 days (all we have)+0.328%+$33 · spread now −0.046%, 7d avg −0.032%
Together, before fees+0.209%+$21 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.032%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.118%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX QQQ-USDT740.350get 0.0000% / 8h7h 32m$250K$41K30x
ShortBloFin QQQ-USDT740.010.0028get 0.0028% / 8h7h 32m$1.1M$274K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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

Funding earned
$5.79
Price spread: −0.046% → −0.032%
−$1.34
Slippage, 4 orders
−$7.68
Fee HTX: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$27.23
Costs to cover
0.317%
Break-even
39.9 days
Slippage from HTX: live order book, 64 min ago; BloFin: live order book, 5 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 HTX live order book, 64 min ago2.69 bp8.7 bp −$99.9 bp −$99doesn't fitdoesn't fit
Sell BloFin live order book, 5 min ago0.07 bp8.2 bp −$88.8 bp −$8812.0 bp −$1,200doesn'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 −0.0185% / S +0.0271%1h739.97−0.052%$25K26xas long as short
Aster QQQUSDT0.0000%8h739.90−0.061%$822K$869K20xas long as short
Bybit QQQUSDT0.0000%8h739.94−0.055%$10.6M$5.0M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h739.68−0.090%$21.5M$28.2M50xas long as short
RISEx QQQ/USDC0.0000%1h739.84−0.069%$5.4M$5.7M25xas long as short
Gate QQQ_USDT0.0000%8h739.48−0.118%$3.4M$20.6M50xas long as short
Bitget QQQUSDT0.0000%8h740.07−0.038%$16.5M$5.1M20xas long as short
SunX QQQ-USDT0.0000%8h740.50+0.020%$2K$1.7M10xas long as short
HTX QQQ-USDTlong0.0000%8h740.35long leg$250K$41K30x
Phemex QQQUSDT0.0000%8h740.33−0.003%$364K$1.6M10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni QQQ+0.0002%8h740.22−0.017%$16.7M$7.2Mas long as short
Coinbase International QQQ-PERP-INTX+0.0024%1h740.02−0.045%$1.2M$495K20xas long as short
BloFin QQQ-USDTshort+0.0028%8h740.01−0.046%$1.1M$274K20x
Binance QQQUSDT+0.0031%8h739.96−0.053%$70.1M$139.9M25xas long as short
Lighter QQQ+0.0032%1h739.63−0.097%$7.6M$15.3M30xas long as short
Lighter RH QQQ+0.0032%1h740.08−0.036%$37.5M$79.7M50xas long as short
Arcus QQQ-USD+0.0040%1h739.15−0.162%$646K$1.7M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h740.87+0.070%$337K50xas long as short
Ondo Perps QQQ-USD.P+0.0050%1h739.25−0.149%$4.2M$1.8M20xas long as short
KuCoin QQQUSDTM+0.0100%8h739.63−0.097%$3.4M$384K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h739.84−0.069%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h739.74−0.082%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h739.26−0.147%$92K$1K10xas long as short
Nado QQQ-PERP+0.0154%1h739.52−0.112%$1.6M$744K20xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0169%1h739.71−0.086%$423K$136K20xas long as short
GRVT QQQ_USDT_Perp+0.0186%8h740.44+0.012%$326K$2.0M10xas long as short
Phoenix QQQ+0.0248%1h739.82−0.072%$38K$65K20xas long as short
edgeX QQQUSDC+0.0774%4h740.23−0.017%$757K$336K20xas long as short