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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0104%/8h= −11.4% APRnext payment $0.13 per $10,000 · paid last 24h +0.009%
Price spread now: RISEx against Aevo+0.094%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 4 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. RISEx is 0.094% dearer against Aevo than usual: you sell high and buy low (spread +0.094% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.0 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo QQQ-PERP740.890.0104pay 0.0013% / 1h59m 12s$92K$1K10x
ShortRISEx QQQ/USDC741.590get 0.0000% / 1h59m 12s$5.3M$5.7M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
−$21.84
Price spread: +0.094% → 0.000%
$9.41
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee RISEx: 3 bp × 2 orders
−$6
Net
−$34.43
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; RISEx: live order book, 5 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 RISEx live order book, 5 min ago0.20 bp3.2 bp −$33.5 bp −$35doesn't fitdoesn'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
GMX QQQ/USD [ETH-USDC]L −0.0179% / S +0.0267%1h741.57+0.091%$25K26xas long as short
Gate QQQ_USDT−0.0098%8h741.22+0.045%$3.3M$20.4M50xas long as short
BloFin QQQ-USDT−0.0002%8h741.33+0.060%$1.1M$274K20xas long as short
Aster QQQUSDT0.0000%8h741.61+0.097%$824K$865K20xas long as short
Bybit QQQUSDT0.0000%8h741.56+0.091%$10.7M$5.0M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h741.34+0.061%$21.5M$28.3M50xas long as short
RISEx QQQ/USDCshort0.0000%1h741.59+0.094%$5.3M$5.7M25x
Bitget QQQUSDT0.0000%8h741.29+0.054%$16.5M$5.3M20xas long as short
Variational Omni QQQ0.0000%8h741.63+0.101%$16.8M$7.2Mas long as short
Nado QQQ-PERP0.0000%1h741.37+0.066%$1.6M$745K20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX QQQ-USDT0.0000%8h742.04+0.156%$2K$1.7M10xas long as short
HTX QQQ-USDT0.0000%8h741.58+0.093%$250K$41K30xas long as short
Phemex QQQUSDT0.0000%8h741.76+0.118%$361K$1.6M10xas long as short
Coinbase International QQQ-PERP-INTX+0.0024%1h741.06+0.023%$1.2M$486K20xas long as short
Binance QQQUSDT+0.0029%8h741.51+0.084%$70.4M$140.8M25xas long as short
Lighter QQQ+0.0032%1h741.25+0.049%$7.7M$14.9M30xas long as short
Lighter RH QQQ+0.0032%1h741.59+0.095%$37.5M$78.4M50xas long as short
Arcus QQQ-USD+0.0040%1h740.78−0.015%$647K$1.7M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h742.50+0.218%$337K50xas long as short
Ondo Perps QQQ-USD.P+0.0050%1h740.78−0.015%$4.2M$1.8M20xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0060%1h741.34+0.061%$424K$156K20xas long as short
KuCoin QQQUSDTM+0.0100%8h741.18+0.039%$3.4M$362K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h741.43+0.073%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h741.37+0.065%$12K$21K20xas long as short
Aevo QQQ-PERPlong+0.0104%1h740.89long leg$92K$1K10x
GRVT QQQ_USDT_Perp+0.0148%8h741.90+0.137%$314K$2.0M10xas long as short
Phoenix QQQ+0.0227%1h741.35+0.062%$38K$65K20xas long as short
edgeX QQQUSDC+0.0784%4h741.84+0.128%$758K$337K20xas long as short