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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0006%/8h= +0.6% APRnext payment +$0.06 per $10,000 · paid last 24h +0.001%
Price spread now: Aster against OKX+0.012%7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$200.198% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.005%$0 on $10k
Price spread, last 4 days (all we have)−0.061%−$6 · spread now +0.012%, 7d avg −0.004%
Together, before fees−0.056%+ Points / potential airdropAster: Stage 5 · farm board−$6 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX QQQ-USDT-SWAP741.780get 0.0000% / 8h2h 11m$21.3M$28.1M50x
ShortAster QQQUSDT741.870.0006get 0.0006% / 8h2h 11m$840K$780K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against OKX. 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
$1.24
Price spread: +0.012% → −0.004%
$1.57
Slippage, 4 orders
−$1.83
Fee OKX: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$17.02
Costs to cover
0.198%
Break-even
103.1 days
Slippage from OKX: live order book, 2 min ago; Aster: live order book, 11 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 OKX live order book, 2 min ago0.07 bp5.8 bp −$66.9 bp −$6912.7 bp −$1,272doesn't fit
Sell Aster live order book, 11 min ago0.47 bp4.5 bp −$46.4 bp −$6430.4 bp −$3,041doesn'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 −0.0060% / S +0.0173%1h741.98+0.026%$25K26xas long as short
BloFin QQQ-USDT−0.0014%8h741.77−0.001%$1.0M$509K20xas long as short
OKX QQQ-USDT-SWAPlong0.0000%8h741.78long leg$21.3M$28.1M50x
Gate QQQ_USDT0.0000%8h741.67−0.015%$3.1M$33.3M50xas long as short
SunX QQQ-USDT0.0000%8h742.40+0.084%$2K$2.5M10xas long as short
HTX QQQ-USDT0.0000%8h742.18+0.054%$256K$32K30xas long as short
Phemex QQQUSDT0.0000%8h742.22+0.059%$361K$1.4M10xas long as short
Aster QQQUSDTshort+0.0006%8h741.87+0.012%$840K$780K20x
Arcus QQQ-USD+0.0025%1h741.20−0.078%$735K$1.5M25xas long as short
Ondo Perps QQQ-USD.P+0.0028%1h740.94−0.113%$4.2M$2.2M20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest QQQ-USD-PERP+0.0046%1h742.44+0.089%$621K50xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0047%1h741.76−0.003%$424K$304K20xas long as short
Variational Omni QQQ+0.0058%8h741.84+0.008%$17.2M$10.6Mas long as short
Coinbase International QQQ-PERP-INTX+0.0064%1h741.44−0.046%$1.2M$894K20xas long as short
Bybit QQQUSDT+0.0070%8h742.08+0.040%$10.7M$5.4M50xas long as short
Phoenix QQQ+0.0076%1h741.52−0.035%$38K$73K20xas long as short
Binance QQQUSDT+0.0088%8h741.97+0.026%$69.8M$165.4M25xas long as short
Lighter QQQ+0.0096%1h741.83+0.007%$7.9M$21.7M30xas long as short
KuCoin QQQUSDTM+0.0100%8h741.45−0.044%$3.4M$449K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h741.45−0.044%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h741.19−0.080%$7K$15K20xas long as short
Aevo QQQ-PERP+0.0104%1h741.30−0.065%$92K$1K10xas long as short
Lighter RH QQQ+0.0112%1h742.18+0.054%$37.8M$83.1M50xas long as short
GRVT QQQ_USDT_Perp+0.0179%8h742.01+0.030%$316K$1.7M10xas long as short
RISEx QQQ/USDC+0.0212%1h742.09+0.041%$5.4M$9.3M25xas long as short
Bitget QQQUSDT+0.0228%8h741.91+0.018%$16.7M$7.8M20xas long as short
Nado QQQ-PERP+0.0244%1h741.41−0.050%$1.5M$1.4M20xas long as short
edgeX QQQUSDC+0.0266%4h741.89+0.015%$759K$338K20xas long as short