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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h −0.014%
Price spread now: SunX against Vest−0.004%7-day average −0.091% · 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)−0.044%−$4 on $10k
Price spread, last 3 days (all we have)+0.069%+$7 · spread now −0.004%, 7d avg −0.091%
Together, before fees+0.025%+ Points / potential airdropVest: Active · farm board+$3 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.087% dearer against Vest than usual: you sell high and buy low (spread −0.004% now, against its 7-day average of −0.091%): +$9 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 6.3 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest QQQ-USD-PERP744.040.0046pay 0.0006% / 1h15m 05s$621K50x
ShortSunX QQQ-USDT744.010get 0.0000% / 8h15m 05s$2K$2.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$9.59
Price spread: −0.004% → −0.091%
$8.66
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee SunX: 4 bp × 2 orders
−$8
Net
−$10.94
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Vest: no order-book sample; SunX: live order book, 1 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 SunX live order book, 1 min ago21.64 bp38.1 bp −$38doesn't fitdoesn'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 −0.0076% / S +0.0186%1h743.58−0.062%$25K26xas long as short
Ondo Perps QQQ-USD.P−0.0038%1h741.70−0.314%$4.2M$2.1M20xas long as short
BloFin QQQ-USDT−0.0011%8h743.09−0.128%$1.1M$320K20xas long as short
Aster QQQUSDT0.0000%8h743.36−0.091%$845K$783K20xas long as short
OKX QQQ-USDT-SWAP0.0000%8h743.39−0.087%$21.6M$27.5M50xas long as short
Gate QQQ_USDT0.0000%8h743.25−0.106%$3.1M$32.8M50xas long as short
SunX QQQ-USDTshort0.0000%8h744.01−0.004%$2K$2.3M10x
HTX QQQ-USDT0.0000%8h743.15−0.120%$257K$25K30xas long as short
Phemex QQQUSDT0.0000%8h743.91−0.017%$363K$1.4M10xas long as short
Lighter RH QQQ+0.0032%1h743.70−0.046%$37.5M$80.6M50xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus QQQ-USD+0.0040%1h742.88−0.156%$747K$1.5M25xas long as short
Vest QQQ-USD-PERPlong+0.0046%1h744.04long leg$621K50x
Variational Omni QQQ+0.0046%8h743.47−0.077%$17.6M$10.3Mas long as short
Lighter QQQ+0.0064%1h743.41−0.085%$7.6M$20.9M30xas long as short
Coinbase International QQQ-PERP-INTX+0.0072%1h742.85−0.160%$1.2M$865K20xas long as short
Binance QQQUSDT+0.0075%8h743.56−0.064%$71.1M$160.5M25xas long as short
KuCoin QQQUSDTM+0.0100%8h743.06−0.132%$3.4M$415K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h743.10−0.126%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h743.23−0.109%$12K$21K20xas long as short
Bybit QQQUSDT+0.0101%8h743.63−0.055%$10.7M$5.2M50xas long as short
Aevo QQQ-PERP+0.0104%1h742.84−0.162%$92K$1K10xas long as short
Nado QQQ-PERP+0.0172%1h743.08−0.129%$1.5M$1.3M20xas long as short
Bitget QQQUSDT+0.0181%8h743.62−0.056%$16.9M$7.0M20xas long as short
GRVT QQQ_USDT_Perp+0.0191%8h743.70−0.046%$323K$1.8M10xas long as short
RISEx QQQ/USDC+0.0193%1h743.66−0.051%$5.4M$8.9M25xas long as short
Phoenix QQQ+0.0194%1h743.10−0.126%$38K$73K20xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0248%1h743.40−0.086%$425K$164K20xas long as short
edgeX QQQUSDC+0.0915%4h743.51−0.071%$760K$337K20xas long as short