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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC−0.0100%/8h= −10.9% APRnext payment $1.00 per $10,000 · paid last 24h −0.040%
Price spread now: Gate against Orderly−0.045%7-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
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Gate is 0.045% cheaper against Orderly than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_QQQ_USDC_mythos740.610.0100pay 0.0100% / 8h7h 46m$12K$21K20x
ShortGate QQQ_USDT740.280get 0.0000% / 8h7h 46m$3.4M$20.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
−$21
Price spread: −0.045% → 0.000%
−$4.46
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$46.46
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; Gate: 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 Gate live order book, 3 min ago1.01 bp10.6 bp −$1114.1 bp −$141doesn'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 −0.0182% / S +0.0269%1h740.89+0.038%$25K26xas long as short
BloFin QQQ-USDT−0.0007%8h740.64+0.004%$1.1M$274K20xas long as short
Aster QQQUSDT0.0000%8h740.92+0.042%$823K$865K20xas long as short
OKX QQQ-USDT-SWAP0.0000%8h740.63+0.003%$21.6M$28.3M50xas long as short
RISEx QQQ/USDC0.0000%1h740.65+0.006%$5.4M$5.7M25xas long as short
Gate QQQ_USDTshort0.0000%8h740.28−0.045%$3.4M$20.6M50x
Bitget QQQUSDT0.0000%8h740.91+0.041%$16.5M$5.2M20xas long as short
Variational Omni QQQ0.0000%8h741.01+0.054%$16.8M$7.2Mas long as short
SunX QQQ-USDT0.0000%8h741.30+0.093%$1K$1.7M10xas long as short
HTX QQQ-USDT0.0000%8h741.22+0.082%$250K$41K30xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex QQQUSDT0.0000%8h741.21+0.081%$364K$1.6M10xas long as short
Bybit QQQUSDT+0.0011%8h740.94+0.045%$10.7M$4.9M50xas long as short
Coinbase International QQQ-PERP-INTX+0.0024%1h740.22−0.053%$1.2M$490K20xas long as short
Binance QQQUSDT+0.0029%8h740.88+0.036%$70.2M$139.9M25xas long as short
Lighter QQQ+0.0032%1h740.58−0.004%$7.7M$15.1M30xas long as short
Lighter RH QQQ+0.0032%1h740.94+0.045%$37.5M$79.0M50xas long as short
Arcus QQQ-USD+0.0040%1h739.94−0.090%$646K$1.7M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h741.77+0.157%$337K50xas long as short
Ondo Perps QQQ-USD.P+0.0050%1h739.88−0.099%$4.2M$1.8M20xas long as short
KuCoin QQQUSDTM+0.0100%8h740.46−0.020%$3.4M$371K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h740.44−0.023%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythoslong+0.0100%8h740.61long leg$12K$21K20x
Aevo QQQ-PERP+0.0104%1h740.09−0.071%$92K$1K10xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0128%1h740.59−0.003%$423K$157K20xas long as short
GRVT QQQ_USDT_Perp+0.0142%8h741.04+0.059%$326K$2.0M10xas long as short
Nado QQQ-PERP+0.0149%1h740.41−0.026%$1.6M$744K20xas long as short
Phoenix QQQ+0.0248%1h740.33−0.038%$38K$65K20xas long as short
edgeX QQQUSDC+0.0553%4h740.83+0.030%$757K$336K20xas long as short