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

TQQQ

RWAall TQQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.032%
Price spread now: Orderly against GRVT−0.141%70s7-day average · you buy dearer than you sell
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropGRVT: Active · farm boardneeds both histories
Funding pays, the price is against you. Orderly is 0.141% cheaper against GRVT than usual: you would sell low and buy high (spread −0.141% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$14 on $10k: about 4.7 days of funding at the current rate (+$3 a day). The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT TQQQ_USDT_Perp78.2100get 0.0000% / 8h7h 28m$1K$108K10x
ShortOrderly PERP_TQQQ_USDC_mythos78.1000.0100get 0.0100% / 8h7h 28m$510x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
$21
Price spread: −0.141% → 0.000%
−$14.06
Slippage, 4 orders
no order book: not counted
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$8.06
Costs to cover
0.150%
Break-even
9.7 days
Slippage unknown: GRVT: live order book, 25 min ago; Orderly: no order-book sample. 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 GRVT live order book, 25 min ago1.91 bp6.4 bp −$615.0 bp −$150doesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0057%8h78.110−0.128%$178K$486K10xas long as short
Bitget TQQQUSDT−0.0009%8h78.110−0.128%$7.3M$3.0M20xas long as short
Aster TQQQUSDT0.0000%8h78.100−0.141%$69K$146K20xas long as short
Binance TQQQUSDT0.0000%8h78.102−0.138%$17.2M$50.4M20xas long as short
Bybit TQQQUSDT0.0000%8h78.120−0.115%$2.4M$6.8M25xas long as short
OKX TQQQ-USDT-SWAP0.0000%8h78.110−0.128%$2.2M$6.0M10xas long as short
MEXC TQQQ_USDT0.0000%8h78.100−0.141%$1.8M$279K20xas long as short
GRVT TQQQ_USDT_Perplong0.0000%8h78.210long leg$1K$108K10x
HTX TQQQ-USDT0.0000%8h78.100−0.141%$14K$16K50xas long as short
BloFin TQQQ-USDT+0.0024%8h78.110−0.128%$151K$33K20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_TQQQ_USDC_mythosshort+0.0100%8h78.100−0.141%$510x