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

TQQQ

RWAall TQQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: Bybit against OKX+0.051%7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$390.391% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.051%−$5 on $10k
Price spread, last 7 days−0.042%−$4 · spread now +0.051%, 7d avg −0.004%
Together, before fees−0.093%−$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: Bybit is 0.056% dearer against OKX than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.004%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX TQQQ-USDT-SWAP78.1200get 0.0000% / 8h7h 25m$2.2M$6.1M10x
ShortBybit TQQQUSDT78.1600get 0.0000% / 8h7h 25m$2.4M$6.8M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against OKX. 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: +0.051% → −0.004%
$5.56
Slippage, 4 orders
−$18.14
Fee OKX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$33.58
Costs to cover
0.391%
Break-even
never at this rate
Slippage from OKX: live order book, 3 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 OKX live order book, 3 min ago0.64 bp7.8 bp −$832.0 bp −$320doesn't fitdoesn't fit
Sell Bybit live order book, 3 min ago1.92 bp9.8 bp −$1062.6 bp −$626doesn'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−0.0055%8h78.110−0.013%$178K$488K10xas long as short
BloFin TQQQ-USDT−0.0027%8h78.1200.000%$151K$34K20xas long as short
Bitget TQQQUSDT−0.0005%8h78.170+0.064%$7.3M$3.0M20xas long as short
Aster TQQQUSDT0.0000%8h78.125+0.006%$69K$146K20xas long as short
Binance TQQQUSDT0.0000%8h78.129+0.012%$17.3M$50.6M20xas long as short
Bybit TQQQUSDTshort0.0000%8h78.160+0.051%$2.4M$6.8M25x
OKX TQQQ-USDT-SWAPlong0.0000%8h78.120long leg$2.2M$6.1M10x
MEXC TQQQ_USDT0.0000%8h78.1200.000%$1.8M$280K20xas long as short
GRVT TQQQ_USDT_Perp0.0000%8h78.181+0.078%$2K$108K10xas long as short
HTX TQQQ-USDT0.0000%8h78.100−0.026%$14K$16K50xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_TQQQ_USDC_mythos+0.0100%8h78.080−0.051%$510xas long as short