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

TQQQ

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.002%
Price spread now: GRVT against Bybit−0.077%7-day average −0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$380.380% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.021%−$2 on $10k
Price spread, last 4 days (all we have)+0.055%+$6 · spread now −0.077%, 7d avg −0.032%
Together, before fees+0.034%+ Points / potential airdropGRVT: Active · farm board+$3 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 0.045% cheaper against Bybit than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.032%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit TQQQUSDT78.8600get 0.0000% / 8h15m 11s$2.4M$6.9M25x
ShortGRVT TQQQ_USDT_Perp78.7990get 0.0000% / 8h15m 11s$2K$110K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT against Bybit. 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: −0.077% → −0.032%
−$4.51
Slippage, 4 orders
−$17.95
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$42.47
Costs to cover
0.380%
Break-even
never at this rate
Slippage from Bybit: live order book, 3 min ago; GRVT: live order book, 43 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 Bybit live order book, 3 min ago1.27 bp11.8 bp −$1229.0 bp −$290doesn't fitdoesn't fit
Sell GRVT live order book, 43 min ago1.90 bp8.4 bp −$816.0 bp −$160doesn't fitdoesn'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−0.0069%8h78.750−0.139%$179K$475K10xas long as short
Bitget TQQQUSDT−0.0064%8h78.850−0.013%$7.6M$2.9M20xas long as short
BloFin TQQQ-USDT−0.0003%8h78.820−0.051%$150K$33K20xas long as short
Aster TQQQUSDT0.0000%8h78.870+0.013%$70K$146K20xas long as short
Binance TQQQUSDT0.0000%8h78.843−0.022%$18.2M$49.0M20xas long as short
Bybit TQQQUSDTlong0.0000%8h78.860long leg$2.4M$6.9M25x
OKX TQQQ-USDT-SWAP0.0000%8h78.810−0.063%$2.2M$6.1M10xas long as short
MEXC TQQQ_USDT0.0000%8h78.840−0.025%$1.6M$259K20xas long as short
GRVT TQQQ_USDT_Perpshort0.0000%8h78.799−0.077%$2K$110K10x
HTX TQQQ-USDT0.0000%8h78.810−0.063%$14K$16K50xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_TQQQ_USDC_mythos+0.0100%8h78.810−0.063%$510xas long as short