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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: KuCoin against ApeX Omni+0.023%52s7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$540.540% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.007%−$1 on $10k
Price spread, last 7 days−0.044%−$4 · spread now +0.023%, 7d avg +0.012%
Together, before fees−0.050%−$5 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni QQQUSDT742.790.0100pay 0.0013% / 1h36m 44s$20K$2.2M50x
ShortKuCoin QQQUSDTM742.960.0100get 0.0100% / 8h3h 36m$3.4M$339K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$0
Price spread: +0.023% → +0.012%
$1.12
Slippage, 4 orders
−$32.01
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$52.89
Costs to cover
0.540%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 2 min ago; KuCoin: live order book, 6 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, 2 min ago3.77 bp9.9 bp −$1028.0 bp −$280doesn't fitdoesn't fit
Sell KuCoin live order book, 6 min ago1.75 bp23.5 bp −$24doesn't fitdoesn'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 −0.0134% / S +0.0231%1h743.20+0.055%$25K26xas long as short
Ondo Perps QQQ-USD.P−0.0042%1h742.07−0.097%$4.2M$1.8M20xas long as short
Aster QQQUSDT0.0000%8h743.18+0.052%$840K$714K20xas long as short
Bybit QQQUSDT0.0000%8h743.10+0.042%$10.7M$5.0M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h743.00+0.028%$21.4M$26.9M50xas long as short
Gate QQQ_USDT0.0000%8h742.78−0.001%$3.3M$20.9M50xas long as short
Bitget QQQUSDT0.0000%8h743.32+0.071%$16.9M$5.5M20xas long as short
Variational Omni QQQ0.0000%8h743.22+0.059%$17.1M$7.3Mas long as short
SunX QQQ-USDT0.0000%8h743.58+0.106%$1K$1.9M10xas long as short
Coinbase International QQQ-PERP-INTX0.0000%1h742.64−0.020%$1.2M$536K20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX QQQ-USDT0.0000%8h743.57+0.105%$257K$29K30xas long as short
Phemex QQQUSDT0.0000%8h743.50+0.096%$358K$1.6M10xas long as short
Binance QQQUSDT+0.0004%8h743.22+0.058%$70.8M$141.4M25xas long as short
RISEx QQQ/USDC+0.0010%1h743.25+0.061%$5.4M$7.3M25xas long as short
BloFin QQQ-USDT+0.0019%8h743.11+0.043%$1.1M$256K20xas long as short
Lighter QQQ+0.0032%1h743.13+0.046%$7.7M$15.8M30xas long as short
Lighter RH QQQ+0.0032%1h743.53+0.100%$37.0M$78.7M50xas long as short
Arcus QQQ-USD+0.0040%1h742.52−0.036%$702K$1.6M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h744.19+0.188%$337K50xas long as short
GRVT QQQ_USDT_Perp+0.0071%8h743.29+0.067%$315K$1.9M10xas long as short
Nado QQQ-PERP+0.0092%1h742.82+0.004%$1.5M$763K20xas long as short
edgeX QQQUSDC+0.0096%4h743.10+0.042%$760K$334K20xas long as short
KuCoin QQQUSDTMshort+0.0100%8h742.96+0.023%$3.4M$339K20x
ApeX Omni QQQUSDTlong+0.0100%1h742.79long leg$20K$2.2M50x
Orderly PERP_QQQ_USDC_mythos+0.0100%8h742.92+0.018%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h742.38−0.055%$92K$1K10xas long as short
Phoenix QQQ+0.0118%1h742.77−0.003%$38K$66K20xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0127%1h743.04+0.034%$424K$150K20xas long as short