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

TQQQ

RWAall TQQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0305%/8h= +33.4% APRnext payment +$3.05 per $10,000 · paid last 24h +0.015%
Price spread now: Orderly against Binance−0.038%7-day average · 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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Orderly is 0.038% cheaper against Binance than usual: you would sell low and buy high (spread −0.038% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 10 hours of funding at the current rate (+$9 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance TQQQUSDT79.140−0.0205get 0.0205% / 8h1h 07m$17.9M$49.0M20x
ShortOrderly PERP_TQQQ_USDC_mythos79.1100.0100get 0.0100% / 8h1h 07m$510x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
$64.05
Price spread: −0.038% → 0.000%
−$3.79
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Orderly: 3 bp × 2 orders
−$6
Net
$44.26
Costs to cover
0.160%
Break-even
2.2 days
Slippage unknown: Binance: live order book, 5 min ago; Orderly: no order-book sample. 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 Binance live order book, 5 min ago0.63 bp6.5 bp −$712.2 bp −$12257.8 bp −$5,780doesn't fit
Sell Orderly no order-book sample
Orderly: 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.

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
MEXC TQQQ_USDT−0.0208%8h79.1400.000%$1.6M$264K20xas long as short
Binance TQQQUSDTlong−0.0205%8h79.140long leg$17.9M$49.0M20x
BloFin TQQQ-USDT−0.0192%8h79.1400.000%$161K$30K20xas long as short
GRVT TQQQ_USDT_Perp−0.0074%8h79.156+0.020%$1K$107K10xas long as short
KuCoin TQQQUSDTM−0.0063%8h79.100−0.051%$179K$904K10xas long as short
OKX TQQQ-USDT-SWAP−0.0061%8h79.1400.000%$2.5M$5.2M10xas long as short
Aster TQQQUSDT0.0000%8h78.934−0.261%$70K$145K20xas long as short
Bybit TQQQUSDT0.0000%8h79.150+0.013%$3.0M$6.2M25xas long as short
Bitget TQQQUSDT0.0000%8h79.1400.000%$7.8M$3.2M20xas long as short
HTX TQQQ-USDT0.0000%8h79.1400.000%$13K$4K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_TQQQ_USDC_mythosshort+0.0100%8h79.110−0.038%$510x