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

TQQQ

RWAall TQQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0005%/8h= +0.5% APRnext payment +$0.05 per $10,000 · paid last 24h +0.003%
Price spread now: Binance against BloFin−0.068%91s7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$290.289% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.027%−$3 on $10k
Price spread, last 4 days (all we have)+0.018%+$2 · spread now −0.068%, 7d avg −0.024%
Together, before fees−0.009%−$1 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: Binance is 0.044% cheaper against BloFin than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.024%. The two prices were read 91 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin TQQQ-USDT78.890−0.0005get 0.0005% / 8h1h 45m$147K$32K20x
ShortBinance TQQQUSDT78.8360get 0.0000% / 8h1h 45m$18.0M$50.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against BloFin. 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
$0.98
Price spread: −0.068% → −0.024%
−$4.42
Slippage, 4 orders
−$6.89
Fee BloFin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$32.33
Costs to cover
0.289%
Break-even
237.1 days
Slippage from BloFin: live order book, 29 min ago; Binance: live order book, 12 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 BloFin live order book, 29 min ago1.89 bp7.9 bp −$812.6 bp −$12646.6 bp −$4,662doesn't fit
Sell Binance live order book, 12 min ago0.63 bp6.3 bp −$611.3 bp −$11356.1 bp −$5,608114.0 bp −$57.0K

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−0.0056%8h78.8900.000%$180K$544K10xas long as short
BloFin TQQQ-USDTlong−0.0005%8h78.890long leg$147K$32K20x
Aster TQQQUSDT0.0000%8h78.929+0.049%$70K$146K20xas long as short
Binance TQQQUSDTshort0.0000%8h78.836−0.068%$18.0M$50.0M20x
Bybit TQQQUSDT0.0000%8h78.870−0.025%$2.5M$7.0M25xas long as short
OKX TQQQ-USDT-SWAP0.0000%8h78.830−0.076%$2.1M$6.0M10xas long as short
MEXC TQQQ_USDT0.0000%8h78.870−0.025%$1.5M$225K20xas long as short
Bitget TQQQUSDT0.0000%8h78.880−0.013%$7.6M$2.9M20xas long as short
GRVT TQQQ_USDT_Perp0.0000%8h78.947+0.072%$1K$107K10xas long as short
HTX TQQQ-USDT0.0000%8h78.880−0.013%$14K$16K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_TQQQ_USDC_mythos+0.0100%8h78.850−0.051%$510xas long as short