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

TQQQ

RWAall TQQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC−0.0027%/8h= −3.0% APRnext payment $0.27 per $10,000 · paid last 24h +0.017%
Price spread now: Bitget against Binance+0.016%7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$340.340% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.116%+$12 on $10k
Price spread, last 7 days+0.013%+$1 · spread now +0.016%, 7d avg +0.021%
Together, before fees+0.129%+$13 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.021%, 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 7 days funding on this pair paid +0.116%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance TQQQUSDT78.5480get 0.0000% / 8h7h 46m$18.1M$49.4M20x
ShortBitget TQQQUSDT78.560−0.0027pay 0.0027% / 8h7h 46m$7.5M$2.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Binance. 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
−$5.67
Price spread: +0.016% → +0.021%
−$0.55
Slippage, 4 orders
−$12.04
Fee Binance: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$40.26
Costs to cover
0.340%
Break-even
never at this rate
Slippage from Binance: live order book, 11 min ago; Bitget: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 11 min ago0.63 bp6.7 bp −$712.2 bp −$12290.6 bp −$9,064doesn't fit
Sell Bitget live order book, 2 min ago0.64 bp11.8 bp −$1223.9 bp −$23960.1 bp −$6,006doesn't fit

TQQQ on 11 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
KuCoin TQQQUSDTM−0.0071%8h78.520−0.035%$179K$474K10xas long as short
Bitget TQQQUSDTshort−0.0027%8h78.560+0.016%$7.5M$2.8M20x
Aster TQQQUSDT0.0000%8h78.599+0.065%$69K$146K20xas long as short
Binance TQQQUSDTlong0.0000%8h78.548long leg$18.1M$49.4M20x
Bybit TQQQUSDT0.0000%8h78.590+0.054%$2.4M$6.8M25xas long as short
OKX TQQQ-USDT-SWAP0.0000%8h78.570+0.028%$2.2M$6.1M10xas long as short
MEXC TQQQ_USDT0.0000%8h78.540−0.010%$1.6M$254K20xas long as short
GRVT TQQQ_USDT_Perp0.0000%8h78.574+0.033%$1K$109K10xas long as short
HTX TQQQ-USDT0.0000%8h78.560+0.016%$14K$16K50xas long as short
BloFin TQQQ-USDT+0.0020%8h78.600+0.066%$151K$33K20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_TQQQ_USDC_mythos+0.0100%8h78.530−0.023%$510xas long as short