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

TQQQ

RWAall TQQQ markets
SwapBacktest
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 +0.022%
Price spread now: OKX against MEXC0.000%7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$13as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$200.204% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.073%+$7 on $10k
Price spread, last 7 days+0.015%+$1 · spread now 0.000%, 7d avg +0.034%
Together, before fees+0.088%+$9 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: OKX is 0.034% cheaper against MEXC than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.034%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC TQQQ_USDT79.7400get 0.0000% / 8h5h 01m$1.5M$233K20x
ShortOKX TQQQ-USDT-SWAP79.7400get 0.0000% / 8h5h 01m$2.5M$5.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against MEXC. 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: 0.000% → +0.034%
−$3.44
Slippage, 4 orders
−$10.42
Fee MEXC: 0 bp × 2 orders
$0
Fee OKX: 5 bp × 2 orders
−$10
Net
−$23.86
Costs to cover
0.204%
Break-even
never at this rate
Slippage from MEXC: live order book, 5 min ago; OKX: live order book, 1 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 MEXC live order book, 5 min ago0.63 bp1.9 bp −$23.3 bp −$3342.1 bp −$4,208229.9 bp −$115.0K
Sell OKX live order book, 1 min ago0.63 bp8.1 bp −$828.8 bp −$288doesn'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
Aster TQQQUSDT0.0000%8h79.578−0.204%$70K$145K20xas long as short
Binance TQQQUSDT0.0000%8h79.770+0.038%$18.4M$47.6M20xas long as short
Bybit TQQQUSDT0.0000%8h79.780+0.050%$3.0M$6.5M25xas long as short
OKX TQQQ-USDT-SWAPshort0.0000%8h79.7400.000%$2.5M$5.3M10x
MEXC TQQQ_USDTlong0.0000%8h79.740long leg$1.5M$233K20x
Bitget TQQQUSDT0.0000%8h79.750+0.013%$7.6M$2.9M20xas long as short
GRVT TQQQ_USDT_Perp0.0000%8h79.710−0.038%$2K$99K10xas long as short
HTX TQQQ-USDT0.0000%8h79.710−0.038%$14K$10K10xas long as short
BloFin TQQQ-USDT+0.0003%8h79.730−0.013%$164K$30K20xas long as short
KuCoin TQQQUSDTM+0.0039%8h79.670−0.088%$181K$710K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_TQQQ_USDC_mythos+0.0100%8h79.710−0.038%$510xas long as short