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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.005%
Price spread now: Gate against Aster+0.005%7-day average −0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$280.279% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.052%−$5 on $10k
Price spread, last 4 days (all we have)−0.003%$0 · spread now +0.005%, 7d avg −0.023%
Together, before fees−0.055%+ Points / potential airdropAster: Stage 5 · farm board−$5 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.028% dearer against Aster than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.023%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster QQQUSDT743.640get 0.0000% / 8h7h 50m$841K$757K20x
ShortGate QQQ_USDT743.680get 0.0000% / 8h7h 50m$3.2M$26.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Aster. 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: +0.005% → −0.023%
$2.8
Slippage, 4 orders
−$4.89
Fee Aster: 4 bp × 2 orders
−$8
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$25.08
Costs to cover
0.279%
Break-even
never at this rate
Slippage from Aster: live order book, 22 min ago; Gate: live order book, 3 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 Aster live order book, 22 min ago0.27 bp4.8 bp −$56.8 bp −$6832.4 bp −$3,239doesn't fit
Sell Gate live order book, 3 min ago0.07 bp7.8 bp −$813.8 bp −$138doesn'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
Ondo Perps QQQ-USD.P−0.0367%1h742.38−0.169%$4.2M$2.0M20xas long as short
GMX QQQ/USD [ETH-USDC]L −0.0081% / S +0.0190%1h744.05+0.056%$25K26xas long as short
BloFin QQQ-USDT−0.0029%8h743.81+0.023%$1.0M$318K20xas long as short
Aster QQQUSDTlong0.0000%8h743.64long leg$841K$757K20x
OKX QQQ-USDT-SWAP0.0000%8h743.98+0.046%$21.5M$25.4M50xas long as short
Gate QQQ_USDTshort0.0000%8h743.68+0.005%$3.2M$26.4M50x
SunX QQQ-USDT0.0000%8h744.49+0.114%$2K$2.3M10xas long as short
HTX QQQ-USDT0.0000%8h743.15−0.066%$257K$28K30xas long as short
Phemex QQQUSDT0.0000%8h744.24+0.081%$361K$1.4M10xas long as short
Bybit QQQUSDT+0.0022%8h744.08+0.059%$10.7M$4.9M50xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter QQQ+0.0032%1h743.87+0.031%$7.6M$18.1M30xas long as short
Lighter RH QQQ+0.0032%1h744.20+0.075%$37.4M$78.7M50xas long as short
Variational Omni QQQ+0.0039%8h743.94+0.040%$17.1M$10.8Mas long as short
Arcus QQQ-USD+0.0040%1h743.15−0.066%$746K$1.5M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h744.61+0.131%$388K50xas long as short
Coinbase International QQQ-PERP-INTX+0.0064%1h743.51−0.017%$1.2M$624K20xas long as short
Binance QQQUSDT+0.0068%8h744.12+0.065%$71.0M$155.0M25xas long as short
KuCoin QQQUSDTM+0.0100%8h743.69+0.007%$3.4M$413K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h743.50−0.019%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h743.73+0.012%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h743.35−0.039%$93K$1K10xas long as short
Nado QQQ-PERP+0.0109%1h743.66+0.002%$1.5M$1.2M20xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0127%1h743.84+0.027%$425K$147K20xas long as short
GRVT QQQ_USDT_Perp+0.0165%8h744.03+0.053%$327K$1.8M10xas long as short
Bitget QQQUSDT+0.0173%8h744.15+0.069%$16.9M$6.6M20xas long as short
RISEx QQQ/USDC+0.0208%1h744.10+0.062%$5.5M$9.0M25xas long as short
Phoenix QQQ+0.0258%1h743.65+0.001%$38K$66K20xas long as short
edgeX QQQUSDC+0.0496%4h743.85+0.028%$761K$336K20xas long as short