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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h +0.014%
Price spread now: Vest against SunX+0.059%49s7-day average +0.088% · 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)+0.047%+$5 on $10k
Price spread, last 4 days (all we have)−0.124%−$12 · spread now +0.059%, 7d avg +0.088%
Together, before fees−0.077%+ Points / potential airdropVest: Active · farm board−$8 on $10k · with fees, hour by hour
Funding pays, the price is against you. Vest is 0.029% cheaper against SunX than usual: you would sell low and buy high (spread +0.059% now, against its 7-day average of +0.088%). If the spread goes back, that is −$3 on $10k: about 2.1 days of funding at the current rate (+$1 a day). The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX QQQ-USDT742.810get 0.0000% / 8h1h 49m$2K$1.8M10x
ShortVest QQQ-USD-PERP743.250.0046get 0.0006% / 1h49m 25s$337K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against SunX. 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
$9.59
Price spread: +0.059% → +0.088%
−$2.85
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Vest: 1 bp × 2 orders
−$2
Net
−$3.26
Costs to cover
0.100%
Break-even
9.4 days
Slippage unknown: SunX: live order book, 6 min ago; 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 SunX live order book, 6 min ago21.61 bp25.6 bp −$26doesn't fitdoesn't fitdoesn't fit
Sell Vest no order-book sample
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
GMX QQQ/USD [ETH-USDC]L −0.0156% / S +0.0249%1h742.40−0.055%$25K26xas long as short
Ondo Perps QQQ-USD.P−0.0033%1h741.01−0.242%$4.2M$1.8M20xas long as short
BloFin QQQ-USDT−0.0012%8h742.07−0.100%$1.1M$278K20xas long as short
Aster QQQUSDT0.0000%8h742.30−0.069%$823K$858K20xas long as short
Binance QQQUSDT0.0000%8h742.41−0.054%$70.2M$145.5M25xas long as short
Bybit QQQUSDT0.0000%8h742.38−0.058%$10.6M$5.2M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h742.10−0.096%$21.5M$28.3M50xas long as short
RISEx QQQ/USDC0.0000%1h742.22−0.079%$5.4M$6.3M25xas long as short
Gate QQQ_USDT0.0000%8h741.66−0.155%$3.3M$21.5M50xas long as short
Bitget QQQUSDT0.0000%8h742.46−0.047%$16.6M$5.6M20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni QQQ0.0000%8h742.22−0.079%$16.9M$7.3Mas long as short
SunX QQQ-USDTlong0.0000%8h742.81long leg$2K$1.8M10x
HTX QQQ-USDT0.0000%8h742.60−0.028%$251K$41K30xas long as short
Phemex QQQUSDT0.0000%8h742.53−0.038%$365K$1.6M10xas long as short
Coinbase International QQQ-PERP-INTX+0.0016%1h741.73−0.145%$1.2M$551K20xas long as short
Lighter QQQ+0.0032%1h742.14−0.090%$7.6M$15.4M30xas long as short
Lighter RH QQQ+0.0032%1h742.51−0.040%$36.9M$79.6M50xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0033%1h741.93−0.118%$424K$153K20xas long as short
Arcus QQQ-USD+0.0040%1h741.34−0.198%$686K$1.6M25xas long as short
Vest QQQ-USD-PERPshort+0.0046%1h743.25+0.059%$337K50x
KuCoin QQQUSDTM+0.0100%8h741.96−0.114%$3.4M$352K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h741.86−0.128%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h742.05−0.102%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h741.58−0.165%$92K$1K10xas long as short
GRVT QQQ_USDT_Perp+0.0107%8h742.52−0.039%$318K$2.0M10xas long as short
Nado QQQ-PERP+0.0142%1h741.79−0.137%$1.5M$749K20xas long as short
Phoenix QQQ+0.0205%1h741.83−0.132%$38K$66K20xas long as short
edgeX QQQUSDC+0.0513%4h742.27−0.072%$759K$335K20xas long as short