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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: ApeX Omni against Orderly−0.012%70s7-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
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_QQQ_USDC_mythos743.950.0100pay 0.0100% / 8h5h 30m$12K$21K20x
ShortApeX Omni QQQUSDT743.860.0100get 0.0013% / 1h30m 00s$20K$2.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Orderly. 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: −0.012% → 0.000%
−$1.21
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$17.21
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; ApeX Omni: live order book, 4 min ago. 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 Orderly no order-book sample
Sell ApeX Omni live order book, 4 min ago3.76 bp9.7 bp −$1026.4 bp −$264doesn't fitdoesn't fit
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 −0.0110% / S +0.0213%1h744.25+0.041%$25K26xas long as short
Ondo Perps QQQ-USD.P−0.0046%1h742.96−0.133%$4.2M$1.8M20xas long as short
BloFin QQQ-USDT−0.0019%8h744.22+0.036%$1.1M$303K20xas long as short
Aster QQQUSDT0.0000%8h744.20+0.034%$841K$713K20xas long as short
Bybit QQQUSDT0.0000%8h744.33+0.051%$10.7M$5.0M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h744.20+0.034%$21.7M$26.3M50xas long as short
RISEx QQQ/USDC0.0000%1h744.35+0.054%$5.4M$7.5M25xas long as short
Gate QQQ_USDT0.0000%8h743.94−0.001%$3.3M$21.1M50xas long as short
Bitget QQQUSDT0.0000%8h744.39+0.059%$16.9M$5.7M20xas long as short
SunX QQQ-USDT0.0000%8h744.74+0.106%$2K$2.0M10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX QQQ-USDT0.0000%8h744.48+0.071%$257K$29K30xas long as short
Phemex QQQUSDT0.0000%8h744.75+0.108%$362K$1.5M10xas long as short
Lighter QQQ+0.0032%1h744.04+0.012%$7.7M$17.1M30xas long as short
Lighter RH QQQ+0.0032%1h744.44+0.066%$37.3M$79.4M50xas long as short
Coinbase International QQQ-PERP-INTX+0.0032%1h743.51−0.059%$1.2M$535K20xas long as short
Variational Omni QQQ+0.0035%8h744.15+0.027%$17.1M$7.5Mas long as short
Arcus QQQ-USD+0.0040%1h743.24−0.095%$694K$1.6M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h745.25+0.175%$337K50xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0046%1h743.96+0.001%$425K$149K20xas long as short
Binance QQQUSDT+0.0065%8h744.22+0.037%$71.2M$143.5M25xas long as short
Nado QQQ-PERP+0.0089%1h744.03+0.010%$1.5M$923K20xas long as short
KuCoin QQQUSDTM+0.0100%8h743.88−0.009%$3.4M$407K20xas long as short
ApeX Omni QQQUSDTshort+0.0100%1h743.86−0.012%$20K$2.2M50x
Orderly PERP_QQQ_USDC_mythoslong+0.0100%8h743.95long leg$12K$21K20x
Aevo QQQ-PERP+0.0104%1h743.47−0.064%$93K$1K10xas long as short
GRVT QQQ_USDT_Perp+0.0146%8h744.35+0.054%$319K$1.9M10xas long as short
Phoenix QQQ+0.0161%1h743.88−0.009%$38K$66K20xas long as short
edgeX QQQUSDC+0.0872%4h744.12+0.023%$761K$335K20xas long as short