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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0034%/8h= +3.7% APRpaid last 24h −0.012%
Price spread now: Vest against Binance+0.121%47s7-day average +0.137% · 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)+0.116%+$12 on $10k
Price spread, last 4 days (all we have)−0.374%−$37 · spread now +0.121%, 7d avg +0.137%
Together, before fees−0.258%+ Points / potential airdropVest: Active · farm board−$26 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.137%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance QQQUSDT741.810.0012pay 0.0012% / 8h32m 35s$70.2M$142.0M25x
ShortVest QQQ-USD-PERP742.710.0046get 0.0006% / 1h32m 35s$337K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against Binance. 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
$7.11
Price spread: +0.121% → +0.137%
−$1.59
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Vest: 1 bp × 2 orders
−$2
Net
−$6.48
Costs to cover
0.120%
Break-even
13.4 days
Slippage unknown: Binance: live order book, 11 min ago; Vest: no order-book sample. 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 Binance live order book, 11 min ago0.07 bp5.1 bp −$55.3 bp −$538.8 bp −$88224.8 bp −$12.4K
Sell Vest no order-book sample
Vest: 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
Ondo Perps QQQ-USD.P−0.0173%1h740.14−0.225%$4.2M$1.8M20xas long as short
GMX QQQ/USD [ETH-USDC]L −0.0172% / S +0.0261%1h741.76−0.006%$25K26xas long as short
Gate QQQ_USDT−0.0074%8h741.40−0.055%$3.3M$21.6M50xas long as short
Aster QQQUSDT0.0000%8h741.80−0.002%$821K$861K20xas long as short
Bybit QQQUSDT0.0000%8h741.74−0.009%$10.7M$5.1M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h741.50−0.042%$21.4M$28.4M50xas long as short
RISEx QQQ/USDC0.0000%1h741.51−0.040%$5.4M$6.3M25xas long as short
Bitget QQQUSDT0.0000%8h741.90+0.012%$16.5M$5.4M20xas long as short
Variational Omni QQQ0.0000%8h741.73−0.011%$16.8M$7.2Mas long as short
SunX QQQ-USDT0.0000%8h742.56+0.101%$2K$1.8M10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX QQQ-USDT0.0000%8h742.04+0.031%$251K$41K30xas long as short
Phemex QQQUSDT0.0000%8h742.01+0.027%$361K$1.6M10xas long as short
Binance QQQUSDTlong+0.0012%8h741.81long leg$70.2M$142.0M25x
Coinbase International QQQ-PERP-INTX+0.0016%1h741.51−0.040%$1.2M$491K20xas long as short
BloFin QQQ-USDT+0.0024%8h741.52−0.039%$1.1M$274K20xas long as short
Lighter QQQ+0.0032%1h741.56−0.034%$7.7M$15.3M30xas long as short
Lighter RH QQQ+0.0032%1h741.84+0.004%$37.3M$80.2M50xas long as short
Arcus QQQ-USD+0.0040%1h741.20−0.082%$644K$1.7M25xas long as short
Vest QQQ-USD-PERPshort+0.0046%1h742.71+0.121%$337K50x
KuCoin QQQUSDTM+0.0100%8h741.36−0.061%$3.4M$360K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h741.49−0.043%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h741.46−0.047%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h741.01−0.108%$92K$1K10xas long as short
Nado QQQ-PERP+0.0121%1h741.34−0.063%$1.6M$763K20xas long as short
GRVT QQQ_USDT_Perp+0.0130%8h742.08+0.037%$325K$2.0M10xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0222%1h741.52−0.039%$424K$156K20xas long as short
Phoenix QQQ+0.0227%1h741.51−0.040%$38K$65K20xas long as short
edgeX QQQUSDC+0.0600%4h741.80−0.001%$758K$335K20xas long as short