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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0054%/8h= +5.9% APRnext payment +$0.07 per $10,000 · paid last 24h +0.016%
Price spread now: ApeX Omni against Vest−0.130%62s7-day average −0.165% · 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)+0.059%+$6 on $10k
Price spread, last 4 days (all we have)+0.073%+$7 · spread now −0.130%, 7d avg −0.165%
Together, before fees+0.132%+ Points / potential airdropVest: Active · farm board+$13 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and ApeX Omni is 0.035% dearer against Vest than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.165%. The two prices were read 62 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest QQQ-USD-PERP744.000.0046pay 0.0006% / 1h46m 04s$337K50x
ShortApeX Omni QQQUSDT743.030.0100get 0.0013% / 1h46m 04s$20K$2.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Vest. 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: −0.130% → −0.165%
$3.45
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$2.86
Costs to cover
0.120%
Break-even
5.2 days
Slippage unknown: Vest: no order-book sample; ApeX Omni: live order book, 6 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 Vest no order-book sample
Sell ApeX Omni live order book, 6 min ago3.70 bp9.7 bp −$1022.9 bp −$229doesn't fitdoesn't fit
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 exchanges

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 −0.0203% / S +0.0285%1h743.15−0.114%$25K26xas long as short
Ondo Perps QQQ-USD.P−0.0114%1h742.19−0.243%$4.2M$1.8M20xas long as short
BloFin QQQ-USDT−0.0022%8h743.08−0.124%$1.1M$237K20xas long as short
Aster QQQUSDT0.0000%8h743.17−0.112%$857K$903K20xas long as short
OKX QQQ-USDT-SWAP0.0000%8h742.75−0.168%$21.7M$30.3M50xas long as short
RISEx QQQ/USDC0.0000%1h743.00−0.134%$5.5M$5.7M25xas long as short
Gate QQQ_USDT0.0000%8h742.60−0.188%$3.5M$19.8M50xas long as short
Bitget QQQUSDT0.0000%8h743.20−0.108%$17.0M$5.9M20xas long as short
SunX QQQ-USDT0.0000%8h743.67−0.044%$2K$1.6M10xas long as short
Deribit QQQ_USDC-PERPETUAL0.0000%1h742.63−0.184%$398K$123K20xas long as short
Show all 28 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX QQQ-USDT0.0000%8h743.33−0.090%$247K$45K30xas long as short
Phemex QQQUSDT0.0000%8h743.42−0.078%$363K$1.6M10xas long as short
Lighter QQQ+0.0032%1h742.37−0.219%$7.3M$15.5M30xas long as short
Lighter RH QQQ+0.0032%1h743.06−0.126%$38.6M$76.8M50xas long as short
Coinbase International QQQ-PERP-INTX+0.0032%1h742.87−0.152%$1.2M$541K20xas long as short
Arcus QQQ-USD+0.0040%1h742.06−0.261%$659K$1.4M25xas long as short
Vest QQQ-USD-PERPlong+0.0046%1h744.00long leg$337K50x
Variational Omni QQQ+0.0048%8h743.46−0.073%$16.8M$6.9Mas long as short
Bybit QQQUSDT+0.0068%8h743.10−0.121%$10.5M$4.8M50xas long as short
Binance QQQUSDT+0.0076%8h743.10−0.121%$71.6M$146.0M25xas long as short
KuCoin QQQUSDTM+0.0100%8h742.76−0.167%$3.4M$467K20xas long as short
ApeX Omni QQQUSDTshort+0.0100%1h743.03−0.130%$20K$2.2M50x
Orderly PERP_QQQ_USDC_mythos+0.0100%8h742.86−0.153%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h742.35−0.222%$92K$1K10xas long as short
Nado QQQ-PERP+0.0131%1h742.72−0.172%$1.6M$770K20xas long as short
GRVT QQQ_USDT_Perp+0.0250%8h743.76−0.033%$321K$2.1M10xas long as short
Phoenix QQQ+0.0302%1h743.26−0.099%$38K$59K20xas long as short
edgeX QQQUSDC+0.0589%4h743.40−0.081%$760K$335K20xas long as short