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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0211%/8h= −23.1% APRnext payment $0.26 per $10,000 · paid last 24h −0.060%
Price spread now: Aevo against RISEx−0.120%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 3 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 −$6 a day on $10k at the current rate, and Aevo is 0.120% cheaper against RISEx than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx QQQ/USDC742.570.0315pay 0.0039% / 1h45m 14s$5.4M$9.3M25x
ShortAevo QQQ-PERP741.670.0104get 0.0013% / 1h45m 14s$92K$1K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against RISEx. 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
−$44.23
Price spread: −0.120% → 0.000%
−$12.04
Slippage, 4 orders
no order book: not counted
Fee RISEx: 3 bp × 2 orders
−$6
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$78.27
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: RISEx: live order book, 4 min ago; Aevo: 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 RISEx live order book, 4 min ago0.07 bp4.8 bp −$55.2 bp −$52doesn't fitdoesn't fit
Sell Aevo no order-book sample
Aevo: 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 −0.0066% / S +0.0178%1h742.36−0.029%$25K26xas long as short
Ondo Perps QQQ-USD.P−0.0026%1h741.14−0.192%$4.2M$2.2M20xas long as short
OKX QQQ-USDT-SWAP0.0000%8h742.24−0.044%$21.5M$28.2M50xas long as short
Gate QQQ_USDT0.0000%8h742.06−0.068%$3.1M$32.8M50xas long as short
SunX QQQ-USDT0.0000%8h742.60+0.004%$2K$2.4M10xas long as short
HTX QQQ-USDT0.0000%8h742.43−0.018%$257K$32K30xas long as short
Phemex QQQUSDT0.0000%8h742.66+0.012%$360K$1.4M10xas long as short
Aster QQQUSDT+0.0005%8h742.08−0.066%$840K$780K20xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0020%1h742.07−0.067%$424K$305K20xas long as short
BloFin QQQ-USDT+0.0021%8h742.14−0.058%$1.0M$483K20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter QQQ+0.0032%1h742.27−0.040%$7.8M$21.5M30xas long as short
Lighter RH QQQ+0.0032%1h742.63+0.008%$37.7M$81.1M50xas long as short
Arcus QQQ-USD+0.0040%1h741.63−0.126%$737K$1.4M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h742.89+0.043%$621K50xas long as short
Variational Omni QQQ+0.0059%8h742.08−0.065%$17.2M$10.1Mas long as short
Binance QQQUSDT+0.0084%8h742.36−0.028%$69.6M$162.4M25xas long as short
Bybit QQQUSDT+0.0086%8h742.49−0.010%$10.7M$5.4M50xas long as short
Coinbase International QQQ-PERP-INTX+0.0088%1h741.84−0.098%$1.2M$872K20xas long as short
KuCoin QQQUSDTM+0.0100%8h741.87−0.094%$3.4M$440K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h741.85−0.097%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h741.28−0.173%$7K$16K20xas long as short
Aevo QQQ-PERPshort+0.0104%1h741.67−0.120%$92K$1K10x
Nado QQQ-PERP+0.0170%1h741.96−0.082%$1.5M$1.3M20xas long as short
GRVT QQQ_USDT_Perp+0.0183%8h742.37−0.027%$317K$1.8M10xas long as short
Bitget QQQUSDT+0.0218%8h742.37−0.027%$16.7M$7.2M20xas long as short
edgeX QQQUSDC+0.0249%4h742.19−0.050%$759K$337K20xas long as short
Phoenix QQQ+0.0259%1h742.02−0.074%$38K$73K20xas long as short
RISEx QQQ/USDClong+0.0315%1h742.57long leg$5.4M$9.3M25x