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−0.0044%/8h= −4.8% APRnext payment $0.44 per $10,000 · paid last 24h +0.020%
Price spread now: KuCoin against Bybit+0.025%7-day average −0.070% · you sell dearer than you buy
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 7 days+0.158%+$16 on $10k
Price spread, last 4 days (all we have)−0.134%−$13 · spread now +0.025%, 7d avg −0.070%
Together, before fees+0.024%+$2 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.095% dearer against Bybit than usual: you sell high and buy low (spread +0.025% now, against its 7-day average of −0.070%): +$10 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 7.2 days. Mind the row above: over the last 7 days funding on this pair paid +0.158%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit TQQQUSDT78.9900get 0.0000% / 8h1h 52m$2.5M$7.0M25x
ShortKuCoin TQQQUSDTM79.010−0.0044pay 0.0044% / 8h1h 52m$181K$549K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$9.24
Price spread: +0.025% → −0.070%
$9.52
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$22.72
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: Bybit: live order book, 5 min ago; KuCoin: live order book, 37 min ago. 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 Bybit live order book, 5 min ago1.26 bp11.0 bp −$1137.1 bp −$371doesn't fitdoesn't fit
Sell KuCoin live order book, 37 min ago6.97 bpdoesn't fitdoesn't fitdoesn'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 TQQQUSDTMshort−0.0044%8h79.010+0.025%$181K$549K10x
Aster TQQQUSDT0.0000%8h79.023+0.042%$70K$146K20xas long as short
Binance TQQQUSDT0.0000%8h78.950−0.051%$18.1M$49.9M20xas long as short
Bybit TQQQUSDTlong0.0000%8h78.990long leg$2.5M$7.0M25x
OKX TQQQ-USDT-SWAP0.0000%8h78.980−0.013%$2.1M$6.0M10xas long as short
MEXC TQQQ_USDT0.0000%8h78.980−0.013%$1.5M$225K20xas long as short
Bitget TQQQUSDT0.0000%8h78.980−0.013%$7.6M$2.9M20xas long as short
GRVT TQQQ_USDT_Perp0.0000%8h79.000+0.013%$2K$107K10xas long as short
HTX TQQQ-USDT0.0000%8h78.980−0.013%$14K$16K10xas long as short
BloFin TQQQ-USDT+0.0008%8h78.980−0.013%$146K$32K20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_TQQQ_USDC_mythos+0.0100%8h78.9900.000%$510xas long as short