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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0056%/8h= −6.1% APRnext payment $0.07 per $10,000 · paid last 24h −0.019%
Price spread now: Coinbase International against Aevo+0.032%7-day average · 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+0.063%+$6 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Coinbase International is 0.032% dearer against Aevo than usual: you sell high and buy low (spread +0.032% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 45 hours. Mind the row above: over the last 7 days funding on this pair paid +0.063%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo QQQ-PERP743.280.0104pay 0.0013% / 1h36m 29s$93K$1K10x
ShortCoinbase International QQQ-PERP-INTX743.520.0048get 0.0006% / 1h36m 29s$1.2M$535K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Aevo. 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
−$11.76
Price spread: +0.032% → 0.000%
$3.17
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$34.59
Costs to cover
0.260%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; Coinbase International: 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 Aevo no order-book sample
Sell Coinbase International live order book, 2 min ago0.07 bp5.4 bp −$56.7 bp −$6735.9 bp −$3,593doesn't fit
Aevo: 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.

QQQ on 28 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
Ondo Perps QQQ-USD.P−0.0165%1h742.89−0.053%$4.2M$1.9M20xas long as short
GMX QQQ/USD [ETH-USDC]L −0.0097% / S +0.0202%1h744.05+0.104%$25K26xas long as short
Bybit QQQUSDT0.0000%8h743.91+0.084%$10.7M$5.0M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h743.90+0.083%$21.5M$25.5M50xas long as short
Gate QQQ_USDT0.0000%8h743.69+0.055%$3.2M$21.6M50xas long as short
SunX QQQ-USDT0.0000%8h744.61+0.178%$2K$2.1M10xas long as short
HTX QQQ-USDT0.0000%8h744.08+0.107%$257K$29K30xas long as short
Phemex QQQUSDT0.0000%8h744.13+0.114%$360K$1.4M10xas long as short
Aster QQQUSDT+0.0010%8h744.06+0.104%$841K$712K20xas long as short
BloFin QQQ-USDT+0.0026%8h744.31+0.138%$1.1M$319K20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter QQQ+0.0032%1h743.75+0.063%$7.7M$17.7M30xas long as short
Lighter RH QQQ+0.0032%1h744.18+0.120%$37.4M$79.6M50xas long as short
Arcus QQQ-USD+0.0040%1h743.14−0.019%$703K$1.6M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h745.08+0.242%$337K50xas long as short
Coinbase International QQQ-PERP-INTXshort+0.0048%1h743.52+0.032%$1.2M$535K20x
Variational Omni QQQ+0.0065%8h744.04+0.102%$17.1M$7.6Mas long as short
Bitget QQQUSDT+0.0070%8h744.03+0.100%$16.9M$5.9M20xas long as short
Binance QQQUSDT+0.0087%8h744.01+0.098%$71.1M$147.7M25xas long as short
KuCoin QQQUSDTM+0.0100%8h743.84+0.075%$3.4M$406K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h743.71+0.057%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h743.82+0.072%$12K$21K20xas long as short
Aevo QQQ-PERPlong+0.0104%1h743.28long leg$93K$1K10x
Nado QQQ-PERP+0.0121%1h743.62+0.045%$1.5M$1.0M20xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0127%1h743.79+0.068%$425K$148K20xas long as short
RISEx QQQ/USDC+0.0168%1h744.02+0.099%$5.4M$8.1M25xas long as short
Phoenix QQQ+0.0183%1h743.66+0.051%$38K$66K20xas long as short
GRVT QQQ_USDT_Perp+0.0230%8h744.26+0.132%$318K$1.8M10xas long as short
edgeX QQQUSDC+0.0751%4h743.92+0.086%$761K$334K20xas long as short