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

TQQQ

RWAall TQQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.003%
Price spread now: GRVT against Bitget−0.050%7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$370.372% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.114%−$11 on $10k
Price spread, last 4 days (all we have)+0.077%+$8 · spread now −0.050%, 7d avg −0.024%
Together, before fees−0.037%+ Points / potential airdropGRVT: Active · farm board−$4 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 0.025% cheaper against Bitget than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.024%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget TQQQUSDT79.1400get 0.0000% / 8h5h 28m$7.5M$2.7M20x
ShortGRVT TQQQ_USDT_Perp79.1010get 0.0000% / 8h5h 28m$2K$107K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT against Bitget. 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
$0
Price spread: −0.050% → −0.024%
−$2.54
Slippage, 4 orders
−$16.17
Fee Bitget: 6 bp × 2 orders
−$12
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$39.71
Costs to cover
0.372%
Break-even
never at this rate
Slippage from Bitget: live order book, 2 min ago; GRVT: live order book, 14 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 Bitget live order book, 2 min ago0.63 bp9.3 bp −$923.9 bp −$23961.8 bp −$6,184doesn't fit
Sell GRVT live order book, 14 min ago1.89 bp9.8 bp −$1021.3 bp −$213doesn't fitdoesn't fit

TQQQ on 11 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
Aster TQQQUSDT0.0000%8h79.100−0.051%$67K$157K20xas long as short
Binance TQQQUSDT0.0000%8h79.130−0.013%$18.3M$52.6M20xas long as short
Bybit TQQQUSDT0.0000%8h79.170+0.038%$2.9M$7.7M25xas long as short
OKX TQQQ-USDT-SWAP0.0000%8h79.160+0.025%$2.2M$6.3M10xas long as short
MEXC TQQQ_USDT0.0000%8h79.120−0.025%$3.0M$430K20xas long as short
Bitget TQQQUSDTlong0.0000%8h79.140long leg$7.5M$2.7M20x
GRVT TQQQ_USDT_Perpshort0.0000%8h79.101−0.050%$2K$107K10x
HTX TQQQ-USDT0.0000%8h79.080−0.076%$14K$16K50xas long as short
BloFin TQQQ-USDT+0.0019%8h79.190+0.063%$153K$33K20xas long as short
KuCoin TQQQUSDTM+0.0100%8h79.100−0.051%$188K$539K10xas long as short
Show all 11 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_TQQQ_USDC_mythos+0.0100%8h79.1400.000%$510xas long as short