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% APRpaid last 24h −0.025%
Price spread now: Deribit against Bitget−0.080%7-day average −0.088% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$200.202% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.020%+$2 on $10k
Price spread, last 4 days (all we have)+0.018%+$2 · spread now −0.080%, 7d avg −0.088%
Together, before fees+0.038%+$4 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget QQQUSDT742.110get 0.0000% / 8h58m 10s$16.6M$5.4M20x
ShortDeribit QQQ_USDC-PERPETUAL741.520get 0.0000% / 1h58m 10s$424K$155K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against Bitget. 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: −0.080% → −0.088%
$0.85
Slippage, 4 orders
−$1.24
Fee Bitget: 6 bp × 2 orders
−$12
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$19.39
Costs to cover
0.202%
Break-even
never at this rate
Slippage from Bitget: live order book, just now; Deribit: live order book, 46 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 Bitget live order book, just now0.07 bp6.5 bp −$78.7 bp −$8714.2 bp −$1,416doesn't fit
Sell Deribit live order book, 46 min ago0.07 bp3.8 bp −$45.8 bp −$58doesn'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 −0.0167% / S +0.0257%1h741.82−0.040%$25K26xas long as short
Gate QQQ_USDT−0.0063%8h741.26−0.115%$3.4M$21.5M50xas long as short
Ondo Perps QQQ-USD.P−0.0051%1h740.46−0.222%$4.2M$1.8M20xas long as short
BloFin QQQ-USDT−0.0028%8h741.78−0.044%$1.1M$271K20xas long as short
Aster QQQUSDT0.0000%8h741.75−0.049%$823K$858K20xas long as short
Bybit QQQUSDT0.0000%8h741.72−0.053%$10.5M$5.2M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h741.56−0.074%$21.5M$28.3M50xas long as short
RISEx QQQ/USDC0.0000%1h741.56−0.073%$5.4M$6.3M25xas long as short
Bitget QQQUSDTlong0.0000%8h742.11long leg$16.6M$5.4M20x
Variational Omni QQQ0.0000%8h741.94−0.024%$16.9M$7.3Mas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX QQQ-USDT0.0000%8h742.55+0.059%$2K$1.8M10xas long as short
Deribit QQQ_USDC-PERPETUALshort0.0000%1h741.52−0.080%$424K$155K20x
HTX QQQ-USDT0.0000%8h742.18+0.009%$251K$41K30xas long as short
Phemex QQQUSDT0.0000%8h742.03−0.011%$364K$1.6M10xas long as short
Binance QQQUSDT+0.0003%8h741.78−0.045%$70.0M$143.4M25xas long as short
Coinbase International QQQ-PERP-INTX+0.0016%1h741.33−0.105%$1.2M$488K20xas long as short
Lighter QQQ+0.0032%1h741.64−0.063%$7.7M$15.2M30xas long as short
Arcus QQQ-USD+0.0040%1h741.12−0.133%$686K$1.6M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h742.78+0.090%$337K50xas long as short
Lighter RH QQQ+0.0048%1h741.91−0.027%$37.1M$79.6M50xas long as short
KuCoin QQQUSDTM+0.0100%8h741.44−0.090%$3.4M$356K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h741.56−0.074%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h741.55−0.075%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h741.04−0.144%$92K$1K10xas long as short
Nado QQQ-PERP+0.0117%1h741.45−0.090%$1.6M$762K20xas long as short
GRVT QQQ_USDT_Perp+0.0120%8h742.18+0.009%$314K$2.0M10xas long as short
Phoenix QQQ+0.0205%1h741.63−0.065%$38K$65K20xas long as short
edgeX QQQUSDC+0.0825%4h741.92−0.026%$759K$337K20xas long as short