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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0007%/8h= −0.8% APRnext payment $0.07 per $10,000 · paid last 24h −0.004%
Price spread now: Binance against Orderly+0.015%49s7-day average · you sell dearer than you buy
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_mythos744.130.0100pay 0.0100% / 8h6h 48m$12K$21K20x
ShortBinance QQQUSDT744.240.0093get 0.0093% / 8h6h 48m$71.2M$148.4M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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
−$1.47
Price spread: +0.015% → 0.000%
$1.48
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Binance: 5 bp × 2 orders
−$10
Net
−$15.99
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; Binance: live order book, 10 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 Binance live order book, 10 min ago0.07 bp5.1 bp −$55.1 bp −$518.4 bp −$84123.9 bp −$12.0K
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
Ondo Perps QQQ-USD.P−0.0210%1h743.15−0.132%$4.2M$2.0M20xas long as short
GMX QQQ/USD [ETH-USDC]L −0.0094% / S +0.0200%1h744.45+0.042%$25K26xas long as short
Bybit QQQUSDT0.0000%8h744.29+0.022%$10.7M$5.0M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h744.05−0.011%$21.5M$25.3M50xas long as short
Gate QQQ_USDT0.0000%8h744.09−0.005%$3.2M$20.4M50xas long as short
SunX QQQ-USDT0.0000%8h744.90+0.103%$2K$2.1M10xas long as short
HTX QQQ-USDT0.0000%8h744.75+0.083%$257K$29K30xas long as short
Phemex QQQUSDT0.0000%8h744.57+0.059%$359K$1.4M10xas long as short
Aster QQQUSDT+0.0017%8h744.30+0.023%$841K$712K20xas long as short
BloFin QQQ-USDT+0.0026%8h744.31+0.024%$1.1M$319K20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter QQQ+0.0032%1h744.05−0.011%$7.7M$17.7M30xas long as short
Lighter RH QQQ+0.0032%1h744.51+0.051%$37.4M$79.1M50xas long as short
Arcus QQQ-USD+0.0040%1h743.58−0.074%$747K$1.5M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h745.21+0.145%$356K50xas long as short
Coinbase International QQQ-PERP-INTX+0.0048%1h744.05−0.011%$1.2M$542K20xas long as short
Variational Omni QQQ+0.0068%8h744.39+0.035%$17.1M$7.7Mas long as short
Binance QQQUSDTshort+0.0093%8h744.24+0.015%$71.2M$148.4M25x
KuCoin QQQUSDTM+0.0100%8h744.05−0.011%$3.4M$408K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h744.16+0.004%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythoslong+0.0100%8h744.13long leg$12K$21K20x
Aevo QQQ-PERP+0.0104%1h743.65−0.065%$93K$1K10xas long as short
Bitget QQQUSDT+0.0114%8h744.60+0.063%$16.9M$6.0M20xas long as short
Nado QQQ-PERP+0.0119%1h744.00−0.017%$1.5M$1.1M20xas long as short
RISEx QQQ/USDC+0.0168%1h744.32+0.026%$5.4M$8.2M25xas long as short
Phoenix QQQ+0.0183%1h744.06−0.009%$38K$66K20xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0194%1h744.26+0.017%$425K$148K20xas long as short
edgeX QQQUSDC+0.0278%4h744.35+0.029%$761K$334K20xas long as short
GRVT QQQ_USDT_Perp+0.0303%8h744.67+0.073%$319K$1.8M10xas long as short