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% APRpaid last 24h −0.035%
Price spread now: Aster against RISEx+0.033%7-day average −0.036% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$9as in the Price arb table
costs, in and out, $10k−$160.164% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.195%−$19 on $10k
Price spread, last 4 days (all we have)−0.058%−$6 · spread now +0.033%, 7d avg −0.036%
Together, before fees−0.253%+ Points / potential airdropAster: Stage 5 · farm board−$25 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.070% dearer against RISEx than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.036%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx QQQ/USDC741.540get 0.0000% / 1h15m 48s$5.4M$5.9M25x
ShortAster QQQUSDT741.790get 0.0000% / 8h15m 48s$824K$863K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster 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
$0
Price spread: +0.033% → −0.036%
$6.97
Slippage, 4 orders
−$2.45
Fee RISEx: 3 bp × 2 orders
−$6
Fee Aster: 4 bp × 2 orders
−$8
Net
−$9.48
Costs to cover
0.164%
Break-even
never at this rate
Slippage from RISEx: live order book, 3 min ago; Aster: live order book, 22 min ago.

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, 3 min ago0.54 bp3.7 bp −$43.7 bp −$37doesn't fitdoesn't fit
Sell Aster live order book, 22 min ago0.07 bp4.1 bp −$46.8 bp −$6841.1 bp −$4,109doesn't fit

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 −0.0175% / S +0.0264%1h741.85+0.041%$25K26xas long as short
Ondo Perps QQQ-USD.P−0.0155%1h740.43−0.150%$4.2M$1.8M20xas long as short
Gate QQQ_USDT−0.0089%8h741.17−0.050%$3.3M$21.7M50xas long as short
BloFin QQQ-USDT−0.0029%8h741.59+0.006%$1.1M$274K20xas long as short
Aster QQQUSDTshort0.0000%8h741.79+0.033%$824K$863K20x
Bybit QQQUSDT0.0000%8h741.83+0.039%$10.7M$5.0M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h741.59+0.006%$21.4M$28.3M50xas long as short
RISEx QQQ/USDClong0.0000%1h741.54long leg$5.4M$5.9M25x
Bitget QQQUSDT0.0000%8h741.97+0.058%$16.5M$5.3M20xas long as short
Variational Omni QQQ0.0000%8h741.75+0.028%$16.8M$7.2Mas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX QQQ-USDT0.0000%8h742.17+0.085%$2K$1.7M10xas long as short
HTX QQQ-USDT0.0000%8h742.05+0.068%$251K$41K30xas long as short
Phemex QQQUSDT0.0000%8h742.21+0.090%$359K$1.6M10xas long as short
Coinbase International QQQ-PERP-INTX+0.0016%1h741.15−0.053%$1.2M$489K20xas long as short
Binance QQQUSDT+0.0021%8h741.85+0.041%$70.3M$141.1M25xas long as short
Lighter QQQ+0.0032%1h741.59+0.006%$7.7M$15.4M30xas long as short
Lighter RH QQQ+0.0032%1h741.93+0.052%$37.2M$81.0M50xas long as short
Arcus QQQ-USD+0.0040%1h740.98−0.076%$647K$1.7M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h742.73+0.160%$337K50xas long as short
KuCoin QQQUSDTM+0.0100%8h741.35−0.026%$3.4M$351K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h741.29−0.034%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h741.49−0.007%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h741.09−0.061%$92K$1K10xas long as short
Nado QQQ-PERP+0.0135%1h741.29−0.034%$1.6M$749K20xas long as short
GRVT QQQ_USDT_Perp+0.0140%8h741.92+0.051%$314K$2.0M10xas long as short
edgeX QQQUSDC+0.0219%4h741.67+0.017%$758K$336K20xas long as short
Phoenix QQQ+0.0227%1h741.45−0.013%$38K$65K20xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0263%1h741.63+0.012%$424K$156K20xas long as short