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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0054%/8h= −5.9% APRpaid last 24h −0.016%
Price spread now: Vest against Orderly+0.113%7-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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVest: Active · farm boardneeds both histories
The price spread pays, funding is against you. Vest is 0.113% dearer against Orderly than usual: you sell high and buy low (spread +0.113% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 6.9 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_QQQ_USDC_mythos743.730.0100pay 0.0100% / 8h7h 51m$12K$21K20x
ShortVest QQQ-USD-PERP744.570.0046get 0.0006% / 1h51m 01s$388K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest 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
−$11.41
Price spread: +0.113% → 0.000%
$11.29
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Vest: 1 bp × 2 orders
−$2
Net
−$8.11
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: Orderly: no order-book sample; Vest: no order-book sample. 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 Vest no order-book sample
Orderly and Vest: 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−0.0362%1h742.38−0.182%$4.2M$2.0M20xas long as short
GMX QQQ/USD [ETH-USDC]L −0.0081% / S +0.0190%1h744.05+0.044%$25K26xas long as short
BloFin QQQ-USDT−0.0029%8h743.81+0.011%$1.0M$318K20xas long as short
Aster QQQUSDT0.0000%8h743.61−0.016%$841K$757K20xas long as short
OKX QQQ-USDT-SWAP0.0000%8h743.86+0.017%$21.5M$25.4M50xas long as short
Gate QQQ_USDT0.0000%8h743.68−0.007%$3.2M$26.4M50xas long as short
SunX QQQ-USDT0.0000%8h744.49+0.102%$2K$2.3M10xas long as short
HTX QQQ-USDT0.0000%8h743.15−0.078%$257K$28K30xas long as short
Phemex QQQUSDT0.0000%8h744.24+0.069%$361K$1.4M10xas long as short
Bybit QQQUSDT+0.0022%8h744.08+0.047%$10.7M$4.9M50xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter QQQ+0.0032%1h743.86+0.017%$7.6M$18.1M30xas long as short
Lighter RH QQQ+0.0032%1h744.20+0.063%$37.4M$78.7M50xas long as short
Variational Omni QQQ+0.0039%8h743.94+0.028%$17.1M$10.8Mas long as short
Arcus QQQ-USD+0.0040%1h743.12−0.082%$746K$1.5M25xas long as short
Vest QQQ-USD-PERPshort+0.0046%1h744.57+0.113%$388K50x
Coinbase International QQQ-PERP-INTX+0.0064%1h743.51−0.030%$1.2M$624K20xas long as short
Binance QQQUSDT+0.0068%8h744.06+0.044%$71.0M$155.1M25xas long as short
KuCoin QQQUSDTM+0.0100%8h743.64−0.012%$3.4M$413K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h743.50−0.031%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythoslong+0.0100%8h743.73long leg$12K$21K20x
Aevo QQQ-PERP+0.0104%1h743.35−0.051%$93K$1K10xas long as short
Nado QQQ-PERP+0.0112%1h743.63−0.014%$1.5M$1.2M20xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0127%1h743.84+0.015%$425K$147K20xas long as short
GRVT QQQ_USDT_Perp+0.0165%8h744.03+0.041%$327K$1.8M10xas long as short
Bitget QQQUSDT+0.0172%8h744.05+0.043%$16.9M$6.6M20xas long as short
RISEx QQQ/USDC+0.0208%1h744.03+0.040%$5.5M$9.1M25xas long as short
Phoenix QQQ+0.0258%1h743.65−0.011%$38K$66K20xas long as short
edgeX QQQUSDC+0.0496%4h743.85+0.016%$761K$336K20xas long as short