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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0088%/8h= +9.6% APRpaid last 24h +0.016%
Price spread now: Aevo against BloFin−0.077%53s7-day average · you buy dearer than you sell
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 7 days+0.294%+$29 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Aevo is 0.077% cheaper against BloFin than usual: you would sell low and buy high (spread −0.077% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 2.9 days of funding at the current rate (+$3 a day). The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin QQQ-USDT742.870.0016pay 0.0016% / 8h5h 43m$1.1M$237K20x
ShortAevo QQQ-PERP742.300.0104get 0.0013% / 1h43m 46s$92K$1K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against BloFin. 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
$18.38
Price spread: −0.077% → 0.000%
−$7.68
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$17.29
Costs to cover
0.280%
Break-even
13.6 days
Slippage unknown: BloFin: live order book, 1 min ago; Aevo: 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 BloFin live order book, 1 min ago0.14 bp6.1 bp −$67.0 bp −$7012.4 bp −$1,241doesn't fit
Sell Aevo no order-book sample
Aevo: 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 exchanges

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 −0.0203% / S +0.0285%1h743.09+0.029%$25K26xas long as short
Ondo Perps QQQ-USD.P−0.0129%1h740.96−0.257%$4.2M$1.8M20xas long as short
Aster QQQUSDT0.0000%8h743.11+0.032%$856K$903K20xas long as short
OKX QQQ-USDT-SWAP0.0000%8h742.89+0.003%$21.7M$30.3M50xas long as short
RISEx QQQ/USDC0.0000%1h742.870.000%$5.4M$5.7M25xas long as short
Gate QQQ_USDT0.0000%8h742.61−0.035%$3.5M$19.8M50xas long as short
Bitget QQQUSDT0.0000%8h743.03+0.022%$17.0M$5.9M20xas long as short
SunX QQQ-USDT0.0000%8h743.62+0.101%$2K$1.5M10xas long as short
Deribit QQQ_USDC-PERPETUAL0.0000%1h742.68−0.026%$398K$108K20xas long as short
HTX QQQ-USDT0.0000%8h743.27+0.054%$247K$45K30xas long as short
Show all 28 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex QQQUSDT0.0000%8h743.40+0.071%$362K$1.6M10xas long as short
BloFin QQQ-USDTlong+0.0016%8h742.87long leg$1.1M$237K20x
Lighter QQQ+0.0032%1h742.52−0.047%$7.3M$15.7M30xas long as short
Lighter RH QQQ+0.0032%1h743.13+0.035%$38.7M$77.1M50xas long as short
Coinbase International QQQ-PERP-INTX+0.0032%1h742.870.000%$1.2M$541K20xas long as short
Arcus QQQ-USD+0.0040%1h741.93−0.127%$659K$1.4M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h743.86+0.133%$337K50xas long as short
Variational Omni QQQ+0.0052%8h742.97+0.013%$16.8M$6.9Mas long as short
Bybit QQQUSDT+0.0068%8h743.09+0.030%$10.5M$4.8M50xas long as short
Binance QQQUSDT+0.0077%8h743.15+0.038%$71.6M$145.9M25xas long as short
KuCoin QQQUSDTM+0.0100%8h742.72−0.020%$3.4M$470K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h742.82−0.007%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h742.84−0.004%$12K$21K20xas long as short
Aevo QQQ-PERPshort+0.0104%1h742.30−0.077%$92K$1K10x
Nado QQQ-PERP+0.0134%1h742.50−0.049%$1.6M$770K20xas long as short
GRVT QQQ_USDT_Perp+0.0250%8h743.56+0.093%$318K$2.1M10xas long as short
Phoenix QQQ+0.0302%1h742.33−0.073%$38K$59K20xas long as short
edgeX QQQUSDC+0.0715%4h743.15+0.038%$760K$336K20xas long as short