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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: ApeX Omni against KuCoin−0.022%7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$480.480% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.007%+$1 on $10k
Price spread, last 7 days+0.036%+$4 · spread now −0.022%, 7d avg −0.012%
Together, before fees+0.043%+$4 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin QQQUSDTM741.290.0100pay 0.0100% / 8h9m 26s$3.4M$352K20x
ShortApeX Omni QQQUSDT741.130.0100get 0.0013% / 1h9m 26s$20K$2.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against KuCoin. 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: −0.022% → −0.012%
−$0.97
Slippage, 4 orders
−$26.01
Fee KuCoin: 6 bp × 2 orders
−$12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$48.99
Costs to cover
0.480%
Break-even
never at this rate
Slippage from KuCoin: live order book, 8 min ago; ApeX Omni: 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 KuCoin live order book, 8 min ago1.62 bp7.8 bp −$884.0 bp −$840doesn't fitdoesn't fit
Sell ApeX Omni live order book, 5 min ago3.78 bp10.0 bp −$1029.8 bp −$298doesn't fitdoesn'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 −0.0177% / S +0.0265%1h741.80+0.069%$25K26xas long as short
Ondo Perps QQQ-USD.P−0.0137%1h740.63−0.089%$4.2M$1.8M20xas long as short
Gate QQQ_USDT−0.0093%8h741.23−0.008%$3.3M$21.7M50xas long as short
BloFin QQQ-USDT−0.0008%8h741.40+0.015%$1.1M$274K20xas long as short
Aster QQQUSDT0.0000%8h741.69+0.053%$824K$864K20xas long as short
Bybit QQQUSDT0.0000%8h741.69+0.054%$10.7M$5.0M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h741.44+0.020%$21.5M$28.3M50xas long as short
RISEx QQQ/USDC0.0000%1h741.49+0.027%$5.4M$5.9M25xas long as short
Bitget QQQUSDT0.0000%8h741.81+0.070%$16.5M$5.3M20xas long as short
Variational Omni QQQ0.0000%8h741.57+0.038%$16.8M$7.2Mas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX QQQ-USDT0.0000%8h742.13+0.113%$2K$1.7M10xas long as short
HTX QQQ-USDT0.0000%8h741.93+0.086%$250K$41K30xas long as short
Phemex QQQUSDT0.0000%8h742.09+0.108%$360K$1.6M10xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0006%1h741.46+0.023%$424K$156K20xas long as short
Coinbase International QQQ-PERP-INTX+0.0016%1h741.15−0.019%$1.2M$488K20xas long as short
Binance QQQUSDT+0.0024%8h741.72+0.058%$70.3M$140.8M25xas long as short
Lighter QQQ+0.0032%1h741.47+0.024%$7.7M$15.4M30xas long as short
Lighter RH QQQ+0.0032%1h741.84+0.074%$37.3M$81.3M50xas long as short
Arcus QQQ-USD+0.0040%1h740.87−0.057%$647K$1.7M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h742.66+0.185%$337K50xas long as short
KuCoin QQQUSDTMlong+0.0100%8h741.29long leg$3.4M$352K20x
ApeX Omni QQQUSDTshort+0.0100%1h741.13−0.022%$20K$2.2M50x
Orderly PERP_QQQ_USDC_mythos+0.0100%8h741.54+0.034%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h741.00−0.039%$92K$1K10xas long as short
Nado QQQ-PERP+0.0140%1h741.27−0.002%$1.6M$746K20xas long as short
GRVT QQQ_USDT_Perp+0.0144%8h741.77+0.065%$314K$2.0M10xas long as short
Phoenix QQQ+0.0227%1h741.17−0.016%$38K$65K20xas long as short
edgeX QQQUSDC+0.0942%4h741.62+0.044%$758K$335K20xas long as short