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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0036%/8h= −3.9% APRnext payment $0.04 per $10,000 · paid last 24h +0.042%
Price spread now: RISEx against Vest−0.125%7-day average −0.107% · 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)+0.143%+$14 on $10k
Price spread, last 4 days (all we have)+0.162%+$16 · spread now −0.125%, 7d avg −0.107%
Together, before fees+0.305%+ Points / potential airdropVest: Active · farm board+$30 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.107%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair paid +0.143%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest QQQ-USD-PERP744.550.0046pay 0.0006% / 1h42m 15s$337K50x
ShortRISEx QQQ/USDC743.620.0010get 0.0001% / 1h42m 15s$5.4M$7.3M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
−$7.48
Price spread: −0.125% → −0.107%
−$1.82
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee RISEx: 3 bp × 2 orders
−$6
Net
−$17.3
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Vest: no order-book sample; RISEx: live order book, 2 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 RISEx live order book, 2 min ago0.07 bp4.4 bp −$45.0 bp −$50doesn'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 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 −0.0133% / S +0.0230%1h743.62−0.126%$25K26xas long as short
Ondo Perps QQQ-USD.P−0.0035%1h742.52−0.273%$4.2M$1.8M20xas long as short
BloFin QQQ-USDT−0.0011%8h743.43−0.150%$1.1M$256K20xas long as short
Aster QQQUSDT0.0000%8h743.48−0.144%$840K$714K20xas long as short
Bybit QQQUSDT0.0000%8h743.55−0.134%$10.7M$5.0M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h743.48−0.144%$21.5M$26.9M50xas long as short
Gate QQQ_USDT0.0000%8h743.15−0.188%$3.3M$20.8M50xas long as short
Bitget QQQUSDT0.0000%8h743.72−0.111%$16.9M$5.5M20xas long as short
Variational Omni QQQ0.0000%8h743.66−0.119%$17.1M$7.4Mas long as short
SunX QQQ-USDT0.0000%8h744.07−0.064%$2K$1.9M10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International QQQ-PERP-INTX0.0000%1h742.64−0.257%$1.2M$536K20xas long as short
HTX QQQ-USDT0.0000%8h743.82−0.098%$257K$29K30xas long as short
Phemex QQQUSDT0.0000%8h743.75−0.107%$361K$1.6M10xas long as short
Binance QQQUSDT+0.0007%8h743.53−0.137%$70.9M$141.2M25xas long as short
RISEx QQQ/USDCshort+0.0010%1h743.62−0.125%$5.4M$7.3M25x
Lighter QQQ+0.0032%1h743.47−0.145%$7.7M$15.8M30xas long as short
Lighter RH QQQ+0.0040%1h743.88−0.090%$37.0M$78.5M50xas long as short
Arcus QQQ-USD+0.0040%1h742.88−0.224%$703K$1.6M25xas long as short
Vest QQQ-USD-PERPlong+0.0046%1h744.55long leg$337K50x
GRVT QQQ_USDT_Perp+0.0076%8h743.87−0.091%$326K$1.9M10xas long as short
Nado QQQ-PERP+0.0089%1h743.27−0.171%$1.5M$773K20xas long as short
KuCoin QQQUSDTM+0.0100%8h743.30−0.168%$3.4M$342K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h743.33−0.164%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h743.29−0.169%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h742.77−0.238%$92K$1K10xas long as short
Phoenix QQQ+0.0118%1h743.26−0.173%$38K$66K20xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0154%1h743.44−0.149%$425K$150K20xas long as short
edgeX QQQUSDC+0.0750%4h743.65−0.121%$760K$336K20xas long as short