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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%
Price spread now: HTX against ApeX Omni+0.087%7-day average +0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$370.368% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.210%−$21 on $10k
Price spread, last 4 days (all we have)−0.129%−$13 · spread now +0.087%, 7d avg +0.050%
Together, before fees−0.339%−$34 on $10k · with fees, hour by hour
The price spread pays, funding is against you. HTX is 0.037% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.087% now, against its 7-day average of +0.050%): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 30 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni QQQUSDT743.610.0100pay 0.0013% / 1h22m 58s$20K$2.2M50x
ShortHTX QQQ-USDT744.260get 0.0000% / 8h5h 22m$257K$29K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
−$21
Price spread: +0.087% → +0.050%
$3.7
Slippage, 4 orders
−$14.76
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$54.06
Costs to cover
0.368%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 1 min ago; HTX: live order book, 39 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 ago3.77 bp9.6 bp −$1025.8 bp −$258doesn't fitdoesn't fit
Sell HTX live order book, 39 min ago2.69 bp8.7 bp −$917.6 bp −$176doesn't fitdoesn'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
GMX QQQ/USD [ETH-USDC]L −0.0112% / S +0.0214%1h744.02+0.056%$25K26xas long as short
Ondo Perps QQQ-USD.P−0.0054%1h742.77−0.113%$4.2M$1.8M20xas long as short
Aster QQQUSDT0.0000%8h744.01+0.053%$841K$713K20xas long as short
Bybit QQQUSDT0.0000%8h744.11+0.067%$10.7M$5.0M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h743.95+0.046%$21.7M$26.3M50xas long as short
RISEx QQQ/USDC0.0000%1h744.06+0.060%$5.4M$7.5M25xas long as short
Gate QQQ_USDT0.0000%8h743.56−0.007%$3.3M$21.2M50xas long as short
Bitget QQQUSDT0.0000%8h744.33+0.097%$16.9M$5.7M20xas long as short
SunX QQQ-USDT0.0000%8h744.46+0.114%$2K$2.0M10xas long as short
Deribit QQQ_USDC-PERPETUAL0.0000%1h743.70+0.012%$425K$149K20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX QQQ-USDTshort0.0000%8h744.26+0.087%$257K$29K30x
Phemex QQQUSDT0.0000%8h744.31+0.094%$361K$1.5M10xas long as short
BloFin QQQ-USDT+0.0008%8h743.97+0.048%$1.1M$303K20xas long as short
Variational Omni QQQ+0.0032%8h743.92+0.042%$17.1M$7.5Mas long as short
Lighter QQQ+0.0032%1h743.81+0.027%$7.7M$17.1M30xas long as short
Lighter RH QQQ+0.0032%1h744.27+0.089%$37.3M$79.5M50xas long as short
Coinbase International QQQ-PERP-INTX+0.0032%1h743.51−0.013%$1.2M$534K20xas long as short
Arcus QQQ-USD+0.0040%1h743.10−0.069%$694K$1.6M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h744.99+0.186%$337K50xas long as short
Binance QQQUSDT+0.0062%8h744.02+0.055%$71.1M$143.2M25xas long as short
Nado QQQ-PERP+0.0089%1h743.66+0.007%$1.5M$920K20xas long as short
KuCoin QQQUSDTM+0.0100%8h743.77+0.022%$3.4M$405K20xas long as short
ApeX Omni QQQUSDTlong+0.0100%1h743.61long leg$20K$2.2M50x
Orderly PERP_QQQ_USDC_mythos+0.0100%8h743.73+0.016%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h743.19−0.056%$92K$1K10xas long as short
GRVT QQQ_USDT_Perp+0.0140%8h744.18+0.076%$319K$1.9M10xas long as short
Phoenix QQQ+0.0161%1h743.64+0.004%$38K$66K20xas long as short
edgeX QQQUSDC+0.0742%4h743.88+0.037%$761K$334K20xas long as short