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 0.000%
Price spread now: HTX against OKX+0.040%7-day average +0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$280.276% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.036%−$4 on $10k
Price spread, last 4 days (all we have)−0.059%−$6 · spread now +0.040%, 7d avg +0.033%
Together, before fees−0.095%−$10 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX QQQ-USDT-SWAP742.170get 0.0000% / 8h4h 44m$22.1M$31.0M50x
ShortHTX QQQ-USDT742.470get 0.0000% / 8h4h 44m$247K$45K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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: +0.040% → +0.033%
$0.79
Slippage, 4 orders
−$5.59
Fee OKX: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$26.8
Costs to cover
0.276%
Break-even
never at this rate
Slippage from OKX: live order book, 2 min ago; HTX: live order book, 60 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 −$56.3 bp −$6313.3 bp −$1,333doesn't fit
Sell HTX live order book, 60 min ago2.69 bp8.7 bp −$916.9 bp −$169doesn't fitdoesn't fit

QQQ on 28 exchanges

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 −0.0203% / S +0.0285%1h742.25+0.011%$25K26xas long as short
Ondo Perps QQQ-USD.P−0.0030%1h740.62−0.209%$4.2M$1.8M20xas long as short
BloFin QQQ-USDT−0.0005%8h742.01−0.022%$1.1M$242K20xas long as short
OKX QQQ-USDT-SWAPlong0.0000%8h742.17long leg$22.1M$31.0M50x
RISEx QQQ/USDC0.0000%1h742.05−0.017%$5.5M$5.7M25xas long as short
Gate QQQ_USDT0.0000%8h741.73−0.059%$3.6M$19.8M50xas long as short
Bitget QQQUSDT0.0000%8h742.55+0.051%$17.0M$6.0M20xas long as short
SunX QQQ-USDT0.0000%8h742.70+0.071%$2K$1.5M10xas long as short
Deribit QQQ_USDC-PERPETUAL0.0000%1h741.79−0.051%$398K$103K20xas long as short
HTX QQQ-USDTshort0.0000%8h742.47+0.040%$247K$45K30x
Show all 28 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex QQQUSDT0.0000%8h742.56+0.053%$359K$1.7M10xas long as short
Arcus QQQ-USD+0.0004%1h741.22−0.128%$653K$1.4M25xas long as short
Aster QQQUSDT+0.0009%8h742.16−0.001%$855K$915K20xas long as short
Bybit QQQUSDT+0.0012%8h742.18+0.001%$10.9M$5.1M50xas long as short
Lighter QQQ+0.0032%1h741.73−0.059%$7.2M$16.5M30xas long as short
Lighter RH QQQ+0.0032%1h742.46+0.039%$38.9M$76.3M50xas long as short
Vest QQQ-USD-PERP+0.0046%1h743.25+0.146%$337K50xas long as short
Coinbase International QQQ-PERP-INTX+0.0048%1h741.53−0.086%$1.2M$589K20xas long as short
Variational Omni QQQ+0.0081%8h741.84−0.045%$16.8M$6.9Mas long as short
KuCoin QQQUSDTM+0.0100%8h741.88−0.039%$3.4M$510K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h741.49−0.092%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h741.90−0.036%$12K$21K20xas long as short
Binance QQQUSDT+0.0101%8h742.44+0.037%$72.6M$148.6M25xas long as short
Nado QQQ-PERP+0.0102%1h741.94−0.031%$1.6M$784K20xas long as short
Aevo QQQ-PERP+0.0104%1h741.38−0.107%$92K$1K10xas long as short
edgeX QQQUSDC+0.0187%4h741.91−0.036%$759K$336K20xas long as short
GRVT QQQ_USDT_Perp+0.0258%8h742.21+0.005%$317K$2.1M10xas long as short
Phoenix QQQ+0.0409%1h741.53−0.086%$38K$59K20xas long as short