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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Orderly−0.009%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
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_QQQ_USDC_mythos742.330.0100pay 0.0100% / 8h2h 47m$12K$21K20x
ShortKuCoin QQQUSDTM742.260.0100get 0.0100% / 8h2h 47m$3.4M$349K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: −0.009% → 0.000%
−$0.94
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$18.94
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; KuCoin: live order book, 5 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 KuCoin live order book, 5 min ago1.62 bp14.3 bp −$14121.4 bp −$1,214doesn'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 −0.0144% / S +0.0239%1h742.63+0.041%$25K26xas long as short
Ondo Perps QQQ-USD.P−0.0014%1h741.28−0.141%$4.2M$1.8M20xas long as short
BloFin QQQ-USDT−0.0003%8h742.40+0.009%$1.1M$246K20xas long as short
Aster QQQUSDT0.0000%8h742.53+0.027%$824K$857K20xas long as short
Binance QQQUSDT0.0000%8h742.56+0.031%$69.8M$143.0M25xas long as short
Bybit QQQUSDT0.0000%8h742.72+0.053%$10.7M$5.1M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h742.40+0.009%$21.6M$27.8M50xas long as short
RISEx QQQ/USDC0.0000%1h742.63+0.040%$5.4M$7.0M25xas long as short
Gate QQQ_USDT0.0000%8h741.91−0.057%$3.3M$21.2M50xas long as short
Bitget QQQUSDT0.0000%8h742.71+0.051%$16.6M$5.7M20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni QQQ0.0000%8h742.62+0.038%$17.1M$7.2Mas long as short
SunX QQQ-USDT0.0000%8h743.11+0.105%$2K$1.9M10xas long as short
Deribit QQQ_USDC-PERPETUAL0.0000%1h742.30−0.004%$424K$151K20xas long as short
Coinbase International QQQ-PERP-INTX0.0000%1h742.10−0.031%$1.2M$538K20xas long as short
HTX QQQ-USDT0.0000%8h742.63+0.040%$252K$38K30xas long as short
Phemex QQQUSDT0.0000%8h742.74+0.055%$359K$1.6M10xas long as short
Lighter QQQ+0.0032%1h742.47+0.019%$7.7M$15.5M30xas long as short
Lighter RH QQQ+0.0032%1h742.81+0.065%$36.9M$78.3M50xas long as short
Arcus QQQ-USD+0.0040%1h741.73−0.081%$702K$1.6M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h743.56+0.166%$337K50xas long as short
GRVT QQQ_USDT_Perp+0.0077%8h742.85+0.070%$319K$1.9M10xas long as short
KuCoin QQQUSDTMshort+0.0100%8h742.26−0.009%$3.4M$349K20x
ApeX Omni QQQUSDT+0.0100%1h742.32−0.001%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythoslong+0.0100%8h742.33long leg$12K$21K20x
Aevo QQQ-PERP+0.0104%1h741.85−0.064%$92K$1K10xas long as short
Nado QQQ-PERP+0.0122%1h742.17−0.022%$1.5M$764K20xas long as short
Phoenix QQQ+0.0129%1h742.29−0.005%$38K$66K20xas long as short
edgeX QQQUSDC+0.0535%4h742.62+0.039%$759K$335K20xas long as short