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+0.0042%/8h= +4.6% APRnext payment +$0.42 per $10,000 · paid last 24h −0.020%
Price spread now: Bybit against KuCoin+0.152%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)−0.043%−$4 · spread now +0.152%, 7d avg +0.070%
Together, before fees−0.201%−$20 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bybit is 0.082% dearer against KuCoin than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.070%. Mind the row above: over the last 7 days funding on this pair cost −0.158%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin TQQQUSDTM79.180−0.0042get 0.0042% / 8h2h 05m$181K$560K10x
ShortBybit TQQQUSDT79.3000get 0.0000% / 8h2h 05m$2.5M$7.1M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against KuCoin. 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
$8.82
Price spread: +0.152% → +0.070%
$8.17
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$6.01
Costs to cover
0.230%
Break-even
11.8 days
Slippage unknown: KuCoin: live order book, 24 min ago; Bybit: live order book, 2 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 KuCoin live order book, 24 min ago6.97 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago1.26 bp10.7 bp −$1158.1 bp −$581doesn'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 TQQQUSDTMlong−0.0042%8h79.180long leg$181K$560K10x
Aster TQQQUSDT0.0000%8h79.162−0.023%$70K$146K20xas long as short
Binance TQQQUSDT0.0000%8h79.254+0.093%$18.2M$49.7M20xas long as short
Bybit TQQQUSDTshort0.0000%8h79.300+0.152%$2.5M$7.1M25x
OKX TQQQ-USDT-SWAP0.0000%8h79.260+0.101%$2.1M$6.0M10xas long as short
MEXC TQQQ_USDT0.0000%8h79.250+0.088%$1.5M$227K20xas long as short
Bitget TQQQUSDT0.0000%8h79.270+0.114%$7.6M$2.9M20xas long as short
GRVT TQQQ_USDT_Perp0.0000%8h79.270+0.114%$1K$107K10xas long as short
HTX TQQQ-USDT0.0000%8h79.230+0.063%$14K$16K10xas long as short
BloFin TQQQ-USDT+0.0017%8h79.270+0.114%$145K$32K20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_TQQQ_USDC_mythos+0.0100%8h79.260+0.101%$510xas long as short