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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0303%/8h= −33.2% APRnext payment $0.38 per $10,000 · paid last 24h −0.052%
Price spread now: GMX against Aevo+0.095%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. GMX is 0.095% dearer against Aevo than usual: you sell high and buy low (spread +0.095% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 25 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo QQQ-PERP743.820.0104pay 0.0013% / 1h57m 17s$93K$1K10x
ShortGMX QQQ/USD [ETH-USDC]744.52L −0.0092% / S +0.0199%pay 0.0025% / 1h57m 17s$25K26x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
−$63.61
Price spread: +0.095% → 0.000%
$9.45
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee GMX: 6 bp × 2 orders
−$12
Net
−$82.16
Costs to cover
0.280%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; GMX: 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 Aevo no order-book sample
Sell GMX no order-book sample
Aevo and GMX: 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−0.0262%1h743.10−0.097%$4.2M$2.0M20xas long as short
GMX QQQ/USD [ETH-USDC]shortL −0.0092% / S +0.0199%1h744.52+0.095%$25K26x
OKX QQQ-USDT-SWAP0.0000%8h744.34+0.070%$21.5M$25.3M50xas long as short
Gate QQQ_USDT0.0000%8h744.23+0.055%$3.2M$19.9M50xas long as short
SunX QQQ-USDT0.0000%8h745.03+0.162%$2K$2.1M10xas long as short
HTX QQQ-USDT0.0000%8h744.82+0.134%$257K$29K30xas long as short
Phemex QQQUSDT0.0000%8h744.72+0.121%$359K$1.4M10xas long as short
BloFin QQQ-USDT+0.0019%8h744.38+0.075%$1.1M$320K20xas long as short
Bybit QQQUSDT+0.0020%8h744.53+0.095%$10.7M$5.0M50xas long as short
Aster QQQUSDT+0.0022%8h744.66+0.112%$841K$713K20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter QQQ+0.0032%1h744.33+0.068%$7.7M$17.6M30xas long as short
Lighter RH QQQ+0.0032%1h744.74+0.123%$37.4M$78.5M50xas long as short
Arcus QQQ-USD+0.0040%1h743.74−0.011%$747K$1.5M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h745.19+0.184%$326K50xas long as short
Coinbase International QQQ-PERP-INTX+0.0048%1h744.05+0.031%$1.2M$545K20xas long as short
edgeX QQQUSDC+0.0061%4h744.63+0.109%$761K$333K20xas long as short
Variational Omni QQQ+0.0072%8h744.60+0.105%$17.1M$7.6Mas long as short
Nado QQQ-PERP+0.0088%1h744.18+0.048%$1.5M$1.1M20xas long as short
Binance QQQUSDT+0.0099%8h744.52+0.094%$71.2M$148.7M25xas long as short
KuCoin QQQUSDTM+0.0100%8h744.27+0.060%$3.4M$409K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h744.29+0.063%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h744.26+0.059%$12K$21K20xas long as short
Aevo QQQ-PERPlong+0.0104%1h743.82long leg$93K$1K10x
Bitget QQQUSDT+0.0139%8h744.59+0.103%$16.9M$6.1M20xas long as short
RISEx QQQ/USDC+0.0168%1h744.62+0.108%$5.4M$8.2M25xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0194%1h744.35+0.071%$425K$147K20xas long as short
Phoenix QQQ+0.0258%1h744.20+0.051%$38K$66K20xas long as short
GRVT QQQ_USDT_Perp+0.0358%8h744.86+0.139%$318K$1.8M10xas long as short