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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC−0.0063%/8hpaid last 24h −0.025%
Price spread now: Aster against ApeX Omni+0.061%89s7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$300.298% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.169%−$17 on $10k
Price spread, last 3 days (all we have)−0.024%−$2 · spread now +0.061%, 7d avg +0.017%
Together, before fees−0.193%+ Points / potential airdropAster: Stage 5 · farm board−$19 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.043% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.061% now, against its 7-day average of +0.017%): +$4 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.3 days. The two prices were read 89 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni QQQUSDT742.600.0100pay 0.0013% / 1h22m 02s$20K$2.2M50x
ShortAster QQQUSDT743.050.0037get 0.0037% / 8h4h 22m$846K$584K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against ApeX Omni. 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
−$13.22
Price spread: +0.061% → +0.017%
$4.35
Slippage, 4 orders
−$11.84
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$38.71
Costs to cover
0.298%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 1 min ago; Aster: live order book, 10 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 1 min ago3.84 bp11.2 bp −$1140.1 bp −$401doesn't fitdoesn't fit
Sell Aster live order book, 10 min ago0.07 bp4.1 bp −$45.9 bp −$5920.5 bp −$2,053doesn't fit

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−0.0082%1h741.84−0.102%$4.2M$2.3M20xas long as short
Arcus QQQ-USD−0.0037%1h742.37−0.031%$757K$1.5M25xas long as short
GMX QQQ/USD [ETH-USDC]L −0.0027% / S +0.0135%1h743.28+0.092%$25K53xas long as short
Gate QQQ_USDT−0.0018%8h742.57−0.004%$3.1M$33.8M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h743.07+0.063%$21.3M$26.1M50xas long as short
RISEx QQQ/USDC0.0000%1h743.14+0.073%$5.2M$9.0M25xas long as short
SunX QQQ-USDT0.0000%8h743.55+0.128%$2K$2.4M10xas long as short
HTX QQQ-USDT0.0000%8h743.16+0.075%$257K$33K30xas long as short
Phemex QQQUSDT0.0000%8h743.52+0.124%$362K$1.3M10xas long as short
Phoenix QQQ+0.0022%1h742.56−0.005%$38K$73K20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter QQQ+0.0032%1h743.19+0.079%$8.0M$21.6M30xas long as short
Lighter RH QQQ+0.0032%1h743.64+0.140%$39.3M$84.3M50xas long as short
Aster QQQUSDTshort+0.0037%8h743.05+0.061%$846K$584K20x
Vest QQQ-USD-PERP+0.0046%1h743.83+0.166%$621K50xas long as short
Coinbase International QQQ-PERP-INTX+0.0064%1h742.77+0.023%$1.2M$847K20xas long as short
Bybit QQQUSDT+0.0066%8h743.30+0.094%$10.6M$5.8M50xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0073%1h743.13+0.071%$425K$303K20xas long as short
KuCoin QQQUSDTM+0.0100%8h742.99+0.053%$3.4M$440K20xas long as short
ApeX Omni QQQUSDTlong+0.0100%1h742.60long leg$20K$2.2M50x
Orderly PERP_QQQ_USDC_mythos+0.0100%8h742.37−0.031%$7K$15K20xas long as short
Variational Omni QQQ+0.0101%8h742.68+0.011%$17.2M$10.4Mas long as short
Aevo QQQ-PERP+0.0104%1h742.63+0.004%$92K$1K10xas long as short
Binance QQQUSDT+0.0119%8h743.32+0.097%$69.8M$155.1M25xas long as short
BloFin QQQ-USDT+0.0120%8h742.23−0.050%$1.1M$511K20xas long as short
Nado QQQ-PERP+0.0152%1h742.68+0.011%$1.5M$1.4M20xas long as short
GRVT QQQ_USDT_Perp+0.0203%8h743.10+0.067%$321K$1.5M10xas long as short
Bitget QQQUSDT+0.0284%8h743.36+0.102%$16.9M$7.5M20xas long as short
edgeX QQQUSDC+0.0516%4h742.88+0.037%$760K$335K20xas long as short