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+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.031%
Price spread now: Orderly against OKX−0.025%7-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 feesneeds both histories
Funding pays, the price is against you. Orderly is 0.025% cheaper against OKX than usual: you would sell low and buy high (spread −0.025% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 20 hours of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX TQQQ-USDT-SWAP79.2700get 0.0000% / 8h3h 19m$2.3M$5.6M10x
ShortOrderly PERP_TQQQ_USDC_mythos79.2500.0100get 0.0100% / 8h3h 19m$510x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
$21
Price spread: −0.025% → 0.000%
−$2.52
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Orderly: 3 bp × 2 orders
−$6
Net
$2.48
Costs to cover
0.160%
Break-even
6.2 days
Slippage unknown: OKX: live order book, 4 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 OKX live order book, 4 min ago0.63 bp6.1 bp −$636.5 bp −$365doesn'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
BloFin TQQQ-USDT−0.0016%8h79.250−0.025%$156K$31K20xas long as short
KuCoin TQQQUSDTM−0.0006%8h79.200−0.088%$181K$618K10xas long as short
Binance TQQQUSDT0.0000%8h79.240−0.038%$18.3M$48.4M20xas long as short
Aster TQQQUSDT0.0000%8h79.293+0.030%$70K$145K20xas long as short
Bybit TQQQUSDT0.0000%8h79.2700.000%$2.5M$7.0M25xas long as short
OKX TQQQ-USDT-SWAPlong0.0000%8h79.270long leg$2.3M$5.6M10x
MEXC TQQQ_USDT0.0000%8h79.2700.000%$1.5M$226K20xas long as short
Bitget TQQQUSDT0.0000%8h79.260−0.013%$7.6M$2.9M20xas long as short
GRVT TQQQ_USDT_Perp0.0000%8h79.281+0.014%$1K$101K10xas long as short
HTX TQQQ-USDT0.0000%8h79.290+0.025%$14K$10K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_TQQQ_USDC_mythosshort+0.0100%8h79.250−0.025%$510x