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: Bybit against GRVT−0.010%7-day average +0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$370.368% 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)+0.013%+$1 · spread now −0.010%, 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: Bybit is 0.042% cheaper against GRVT than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.032%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT TQQQ_USDT_Perp79.0380get 0.0000% / 8h1h 55m$1K$106K10x
ShortBybit TQQQUSDT79.0300get 0.0000% / 8h1h 55m$2.5M$7.1M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against GRVT. 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: −0.010% → +0.032%
−$4.2
Slippage, 4 orders
−$16.81
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$41.01
Costs to cover
0.368%
Break-even
never at this rate
Slippage from GRVT: live order book, 8 min ago; Bybit: live order book, 3 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 GRVT live order book, 8 min ago1.89 bp6.8 bp −$721.1 bp −$211doesn't fitdoesn't fit
Sell Bybit live order book, 3 min ago1.26 bp9.9 bp −$1059.4 bp −$594doesn'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−0.0041%8h79.020−0.023%$181K$552K10xas long as short
Aster TQQQUSDT0.0000%8h79.034−0.005%$70K$146K20xas long as short
Binance TQQQUSDT0.0000%8h79.005−0.041%$18.1M$49.8M20xas long as short
Bybit TQQQUSDTshort0.0000%8h79.030−0.010%$2.5M$7.1M25x
OKX TQQQ-USDT-SWAP0.0000%8h79.000−0.048%$2.1M$6.0M10xas long as short
MEXC TQQQ_USDT0.0000%8h79.030−0.010%$1.5M$224K20xas long as short
Bitget TQQQUSDT0.0000%8h79.020−0.023%$7.6M$2.9M20xas long as short
GRVT TQQQ_USDT_Perplong0.0000%8h79.038long leg$1K$106K10x
HTX TQQQ-USDT0.0000%8h79.210+0.218%$14K$16K10xas long as short
BloFin TQQQ-USDT+0.0021%8h79.010−0.036%$146K$32K20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_TQQQ_USDC_mythos+0.0100%8h78.990−0.061%$510xas long as short