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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: Orderly against HTX−0.047%7-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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Orderly is 0.047% cheaper against HTX than usual: you would sell low and buy high (spread −0.047% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 38 hours of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX QQQ-USDT742.180get 0.0000% / 8h2h 33m$251K$40K30x
ShortOrderly PERP_QQQ_USDC_mythos741.830.0100get 0.0100% / 8h2h 33m$12K$21K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
$21
Price spread: −0.047% → 0.000%
−$4.72
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$1.72
Costs to cover
0.180%
Break-even
7.6 days
Slippage unknown: HTX: live order book, 13 min ago; Orderly: 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
LegHalf-spread$10k$100k$1M$5M
Buy HTX live order book, 13 min ago2.69 bp8.7 bp −$99.9 bp −$99doesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: 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]L −0.0147% / S +0.0242%1h742.10−0.011%$25K26xas long as short
Aster QQQUSDT0.0000%8h742.12−0.009%$823K$857K20xas long as short
Binance QQQUSDT0.0000%8h742.09−0.012%$69.8M$143.6M25xas long as short
Bybit QQQUSDT0.0000%8h742.16−0.003%$10.6M$5.1M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h741.82−0.049%$21.6M$28.0M50xas long as short
RISEx QQQ/USDC0.0000%1h742.09−0.012%$5.4M$7.0M25xas long as short
Gate QQQ_USDT0.0000%8h741.54−0.086%$3.3M$21.3M50xas long as short
Bitget QQQUSDT0.0000%8h742.23+0.007%$16.6M$5.7M20xas long as short
Variational Omni QQQ0.0000%8h742.38+0.027%$16.9M$7.3Mas long as short
SunX QQQ-USDT0.0000%8h742.66+0.065%$2K$1.9M10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International QQQ-PERP-INTX0.0000%1h742.01−0.023%$1.2M$538K20xas long as short
HTX QQQ-USDTlong0.0000%8h742.18long leg$251K$40K30x
Phemex QQQUSDT0.0000%8h742.37+0.026%$361K$1.6M10xas long as short
BloFin QQQ-USDT+0.0006%8h742.26+0.011%$1.1M$247K20xas long as short
Ondo Perps QQQ-USD.P+0.0030%1h741.09−0.147%$4.2M$1.8M20xas long as short
Lighter QQQ+0.0032%1h742.02−0.022%$7.7M$15.6M30xas long as short
Lighter RH QQQ+0.0032%1h742.36+0.024%$36.8M$79.3M50xas long as short
Arcus QQQ-USD+0.0040%1h741.25−0.125%$693K$1.6M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h743.09+0.123%$337K50xas long as short
GRVT QQQ_USDT_Perp+0.0080%8h742.68+0.067%$320K$2.0M10xas long as short
KuCoin QQQUSDTM+0.0100%8h741.81−0.050%$3.4M$355K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h741.91−0.036%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythosshort+0.0100%8h741.83−0.047%$12K$21K20x
Aevo QQQ-PERP+0.0104%1h741.36−0.111%$92K$1K10xas long as short
edgeX QQQUSDC+0.0113%4h742.40+0.029%$759K$335K20xas long as short
Phoenix QQQ+0.0129%1h741.82−0.049%$38K$66K20xas long as short
Nado QQQ-PERP+0.0130%1h741.77−0.056%$1.5M$764K20xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0208%1h741.92−0.035%$424K$152K20xas long as short