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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0535%/8h= +58.6% APRpaid last 24h +0.045%
Price spread now: edgeX against Variational Omni−0.019%7-day average 0.000% · 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 4 days (all we have)−0.259%−$26 on $10k
Price spread, last 4 days (all we have)+0.024%+$2 · spread now −0.019%, 7d avg 0.000%
Together, before fees−0.235%+ Points / potential airdropVariational Omni: Active · edgeX: Active · farm board−$24 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of 0.000%, so right now this pair is about funding alone: +$16 a day on $10k at the current rate. Mind the row above: over the last 4 days funding on this pair cost −0.259%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni QQQ742.770get 0.0000% / 8h2h 51m$17.1M$7.2M
ShortedgeX QQQUSDC742.620.0535get 0.0268% / 4h2h 51m$759K$335K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Variational Omni. 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
$112.44
Price spread: −0.019% → 0.000%
−$1.97
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$101.47
Costs to cover
0.090%
Break-even
0.7 days
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; edgeX: live order book, 63 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 Variational Omni RFQ quote, 3 min ago1.90 bpdoesn't fit2.2 bp −$22doesn't fitdoesn't fit
Sell edgeX live order book, 63 min ago4.10 bp8.7 bp −$99.7 bp −$97doesn't fitdoesn'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 −0.0143% / S +0.0239%1h742.75−0.003%$25K26xas long as short
Ondo Perps QQQ-USD.P−0.0018%1h741.83−0.126%$4.2M$1.8M20xas long as short
Aster QQQUSDT0.0000%8h742.69−0.010%$824K$857K20xas long as short
Binance QQQUSDT0.0000%8h742.75−0.002%$69.9M$143.6M25xas long as short
Bybit QQQUSDT0.0000%8h742.81+0.006%$10.7M$5.1M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h742.48−0.038%$21.6M$27.8M50xas long as short
RISEx QQQ/USDC0.0000%1h742.73−0.005%$5.4M$7.1M25xas long as short
Gate QQQ_USDT0.0000%8h742.09−0.091%$3.3M$21.2M50xas long as short
Bitget QQQUSDT0.0000%8h742.97+0.028%$16.6M$5.7M20xas long as short
Variational Omni QQQlong0.0000%8h742.77long leg$17.1M$7.2M
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX QQQ-USDT0.0000%8h743.28+0.069%$2K$1.9M10xas long as short
Coinbase International QQQ-PERP-INTX0.0000%1h742.34−0.057%$1.2M$537K20xas long as short
HTX QQQ-USDT0.0000%8h743.01+0.033%$254K$35K30xas long as short
Phemex QQQUSDT0.0000%8h743.08+0.042%$361K$1.6M10xas long as short
BloFin QQQ-USDT+0.0001%8h742.53−0.032%$1.1M$246K20xas long as short
Lighter QQQ+0.0032%1h742.60−0.022%$7.7M$15.5M30xas long as short
Lighter RH QQQ+0.0032%1h742.99+0.030%$37.0M$78.0M50xas long as short
Arcus QQQ-USD+0.0040%1h741.78−0.133%$703K$1.6M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h743.69+0.125%$337K50xas long as short
GRVT QQQ_USDT_Perp+0.0076%8h742.85+0.011%$319K$1.9M10xas long as short
KuCoin QQQUSDTM+0.0100%8h742.36−0.055%$3.4M$348K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h742.31−0.061%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h742.49−0.037%$12K$21K20xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0100%1h742.58−0.025%$424K$151K20xas long as short
Aevo QQQ-PERP+0.0104%1h741.95−0.110%$92K$1K10xas long as short
Nado QQQ-PERP+0.0109%1h742.42−0.046%$1.5M$764K20xas long as short
Phoenix QQQ+0.0129%1h742.29−0.064%$38K$66K20xas long as short
edgeX QQQUSDCshort+0.0535%4h742.62−0.019%$759K$335K20x