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−0.0015%/8h= −1.6% APRnext payment $0.15 per $10,000 · paid last 24h +0.005%
Price spread now: KuCoin against OKX+0.051%7-day average −0.063% · 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+0.091%+$9 on $10k
Price spread, last 4 days (all we have)−0.247%−$25 · spread now +0.051%, 7d avg −0.063%
Together, before fees−0.156%−$16 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.114% dearer against OKX than usual: you sell high and buy low (spread +0.051% now, against its 7-day average of −0.063%): +$11 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 25 days. Mind the row above: over the last 7 days funding on this pair paid +0.091%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX TQQQ-USDT-SWAP78.7800get 0.0000% / 8h6h 55m$2.2M$6.1M10x
ShortKuCoin TQQQUSDTM78.820−0.0015pay 0.0015% / 8h6h 55m$187K$506K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$3.15
Price spread: +0.051% → −0.063%
$11.35
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$13.8
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: OKX: live order book, 2 min ago; KuCoin: live order book, 9 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 OKX live order book, 2 min ago0.63 bp6.2 bp −$634.8 bp −$348doesn't fitdoesn't fit
Sell KuCoin live order book, 9 min ago12.69 bpdoesn't fitdoesn't fitdoesn'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 TQQQUSDTMshort−0.0015%8h78.820+0.051%$187K$506K10x
Aster TQQQUSDT0.0000%8h78.850+0.089%$70K$146K20xas long as short
Binance TQQQUSDT0.0000%8h78.776−0.005%$18.1M$52.1M20xas long as short
Bybit TQQQUSDT0.0000%8h78.800+0.025%$2.4M$6.9M25xas long as short
OKX TQQQ-USDT-SWAPlong0.0000%8h78.780long leg$2.2M$6.1M10x
MEXC TQQQ_USDT0.0000%8h78.810+0.038%$1.8M$297K20xas long as short
Bitget TQQQUSDT0.0000%8h78.7800.000%$7.5M$2.9M20xas long as short
GRVT TQQQ_USDT_Perp0.0000%8h78.948+0.214%$2K$111K10xas long as short
HTX TQQQ-USDT0.0000%8h78.970+0.241%$14K$16K50xas long as short
BloFin TQQQ-USDT+0.0030%8h78.880+0.127%$152K$34K20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_TQQQ_USDC_mythos+0.0100%8h78.830+0.063%$510xas long as short