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−0.0112%/8h= −12.3% APRnext payment $1.12 per $10,000 · paid last 24h −0.003%
Price spread now: BloFin against Orderly+0.004%52s7-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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_QQQ_USDC_mythos742.040.0100pay 0.0100% / 8h1h 49m$12K$21K20x
ShortBloFin QQQ-USDT742.07−0.0012pay 0.0012% / 8h1h 49m$1.1M$278K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
−$23.54
Price spread: +0.004% → 0.000%
$0.4
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$41.14
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; BloFin: live order book, 3 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 BloFin live order book, 3 min ago0.07 bp6.2 bp −$66.9 bp −$699.7 bp −$969doesn'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 −0.0156% / S +0.0249%1h742.37+0.044%$25K26xas long as short
Ondo Perps QQQ-USD.P−0.0033%1h741.01−0.139%$4.2M$1.8M20xas long as short
BloFin QQQ-USDTshort−0.0012%8h742.07+0.004%$1.1M$278K20x
Aster QQQUSDT0.0000%8h742.32+0.038%$823K$858K20xas long as short
Binance QQQUSDT0.0000%8h742.43+0.052%$70.2M$145.4M25xas long as short
Bybit QQQUSDT0.0000%8h742.40+0.049%$10.6M$5.2M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h742.16+0.016%$21.5M$28.3M50xas long as short
RISEx QQQ/USDC0.0000%1h742.22+0.025%$5.4M$6.3M25xas long as short
Gate QQQ_USDT0.0000%8h741.70−0.046%$3.3M$21.5M50xas long as short
Bitget QQQUSDT0.0000%8h742.46+0.057%$16.6M$5.6M20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni QQQ0.0000%8h742.22+0.025%$16.9M$7.3Mas long as short
SunX QQQ-USDT0.0000%8h742.81+0.104%$2K$1.8M10xas long as short
HTX QQQ-USDT0.0000%8h742.60+0.075%$251K$41K30xas long as short
Phemex QQQUSDT0.0000%8h742.53+0.066%$365K$1.6M10xas long as short
Coinbase International QQQ-PERP-INTX+0.0016%1h741.73−0.042%$1.2M$551K20xas long as short
Lighter QQQ+0.0032%1h742.14+0.013%$7.6M$15.4M30xas long as short
Lighter RH QQQ+0.0032%1h742.51+0.063%$36.9M$79.6M50xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0033%1h741.93−0.015%$424K$153K20xas long as short
Arcus QQQ-USD+0.0040%1h741.34−0.094%$686K$1.6M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h743.20+0.156%$337K50xas long as short
KuCoin QQQUSDTM+0.0100%8h741.93−0.015%$3.4M$352K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h741.86−0.024%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythoslong+0.0100%8h742.04long leg$12K$21K20x
Aevo QQQ-PERP+0.0104%1h741.53−0.068%$92K$1K10xas long as short
GRVT QQQ_USDT_Perp+0.0107%8h742.52+0.065%$318K$2.0M10xas long as short
Nado QQQ-PERP+0.0142%1h741.79−0.034%$1.5M$749K20xas long as short
Phoenix QQQ+0.0205%1h741.83−0.028%$38K$66K20xas long as short
edgeX QQQUSDC+0.0513%4h742.27+0.032%$759K$335K20xas long as short