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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.040%
Price spread now: Bitget against OKX+0.038%7-day average +0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$230.234% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.083%+$8 on $10k
Price spread, last 7 days−0.011%−$1 · spread now +0.038%, 7d avg +0.026%
Together, before fees+0.073%+$7 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX QQQ-USDT-SWAP740.590get 0.0000% / 8h7h 46m$21.6M$28.3M50x
ShortBitget QQQUSDT740.870get 0.0000% / 8h7h 46m$16.5M$5.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
$0
Price spread: +0.038% → +0.026%
$1.2
Slippage, 4 orders
−$1.4
Fee OKX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$22.2
Costs to cover
0.234%
Break-even
never at this rate
Slippage from OKX: live order book, 2 min ago; Bitget: live order book, 2 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 bp5.1 bp −$56.5 bp −$6513.7 bp −$1,368doesn't fit
Sell Bitget live order book, 2 min ago0.07 bp6.6 bp −$78.5 bp −$8514.1 bp −$1,411doesn'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 −0.0182% / S +0.0268%1h740.97+0.051%$25K26xas long as short
BloFin QQQ-USDT−0.0007%8h740.64+0.007%$1.1M$274K20xas long as short
Aster QQQUSDT0.0000%8h740.89+0.040%$823K$865K20xas long as short
OKX QQQ-USDT-SWAPlong0.0000%8h740.59long leg$21.6M$28.3M50x
RISEx QQQ/USDC0.0000%1h740.73+0.019%$5.4M$5.8M25xas long as short
Gate QQQ_USDT0.0000%8h740.29−0.041%$3.4M$20.6M50xas long as short
Bitget QQQUSDTshort0.0000%8h740.87+0.038%$16.5M$5.2M20x
Variational Omni QQQ0.0000%8h741.01+0.057%$16.8M$7.2Mas long as short
SunX QQQ-USDT0.0000%8h741.39+0.108%$2K$1.7M10xas long as short
HTX QQQ-USDT0.0000%8h741.22+0.085%$250K$41K30xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex QQQUSDT0.0000%8h741.27+0.092%$364K$1.6M10xas long as short
Bybit QQQUSDT+0.0011%8h740.88+0.039%$10.7M$4.9M50xas long as short
Coinbase International QQQ-PERP-INTX+0.0024%1h740.22−0.050%$1.2M$490K20xas long as short
Binance QQQUSDT+0.0029%8h740.85+0.036%$70.2M$139.9M25xas long as short
Lighter QQQ+0.0032%1h740.56−0.004%$7.7M$15.1M30xas long as short
Lighter RH QQQ+0.0032%1h740.89+0.041%$37.5M$79.0M50xas long as short
Arcus QQQ-USD+0.0040%1h740.01−0.078%$646K$1.7M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h741.81+0.165%$337K50xas long as short
Ondo Perps QQQ-USD.P+0.0050%1h739.81−0.105%$4.2M$1.8M20xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0088%1h740.69+0.014%$423K$157K20xas long as short
KuCoin QQQUSDTM+0.0100%8h740.46−0.018%$3.4M$371K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h740.44−0.020%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h740.74+0.020%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h740.16−0.058%$92K$1K10xas long as short
GRVT QQQ_USDT_Perp+0.0142%8h741.04+0.061%$326K$2.0M10xas long as short
Nado QQQ-PERP+0.0148%1h740.44−0.020%$1.6M$744K20xas long as short
Phoenix QQQ+0.0248%1h740.33−0.035%$38K$65K20xas long as short
edgeX QQQUSDC+0.0553%4h740.83+0.033%$757K$336K20xas long as short