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−0.0004%/8h= −0.4% APRnext payment $0.04 per $10,000 · paid last 24h −0.027%
Price spread now: HTX against BloFin+0.053%7-day average +0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$300.295% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.132%+$13 on $10k
Price spread, last 4 days (all we have)−0.090%−$9 · spread now +0.053%, 7d avg +0.032%
Together, before fees+0.043%+$4 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: HTX is 0.020% dearer against BloFin than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.032%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin QQQ-USDT741.750.0004pay 0.0004% / 8h1h 24m$1.1M$271K20x
ShortHTX QQQ-USDT742.140get 0.0000% / 8h1h 24m$251K$41K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
−$0.78
Price spread: +0.053% → +0.032%
$2.04
Slippage, 4 orders
−$5.52
Fee BloFin: 6 bp × 2 orders
−$12
Fee HTX: 6 bp × 2 orders
−$12
Net
−$28.26
Costs to cover
0.295%
Break-even
never at this rate
Slippage from BloFin: live order book, 3 min ago; HTX: live order book, 17 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 BloFin live order book, 3 min ago0.07 bp6.1 bp −$67.6 bp −$7611.7 bp −$1,170doesn't fit
Sell HTX live order book, 17 min ago2.69 bp8.7 bp −$915.5 bp −$155doesn'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 −0.0161% / S +0.0253%1h741.98+0.030%$25K26xas long as short
Gate QQQ_USDT−0.0029%8h741.25−0.067%$3.3M$21.5M50xas long as short
Aster QQQUSDT0.0000%8h741.92+0.022%$823K$858K20xas long as short
Bybit QQQUSDT0.0000%8h741.90+0.020%$10.5M$5.2M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h741.750.000%$21.4M$28.4M50xas long as short
RISEx QQQ/USDC0.0000%1h741.68−0.009%$5.5M$6.3M25xas long as short
Bitget QQQUSDT0.0000%8h742.01+0.035%$16.6M$5.4M20xas long as short
Variational Omni QQQ0.0000%8h741.98+0.030%$16.9M$7.3Mas long as short
SunX QQQ-USDT0.0000%8h742.83+0.146%$2K$1.8M10xas long as short
HTX QQQ-USDTshort0.0000%8h742.14+0.053%$251K$41K30x
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex QQQUSDT0.0000%8h742.15+0.054%$365K$1.6M10xas long as short
Ondo Perps QQQ-USD.P+0.0001%1h740.66−0.147%$4.2M$1.8M20xas long as short
Binance QQQUSDT+0.0003%8h741.94+0.026%$70.0M$144.5M25xas long as short
BloFin QQQ-USDTlong+0.0004%8h741.75long leg$1.1M$271K20x
Coinbase International QQQ-PERP-INTX+0.0016%1h741.55−0.027%$1.2M$550K20xas long as short
Lighter QQQ+0.0032%1h741.72−0.004%$7.7M$15.5M30xas long as short
Lighter RH QQQ+0.0032%1h742.06+0.042%$37.0M$80.6M50xas long as short
Arcus QQQ-USD+0.0040%1h741.15−0.081%$686K$1.6M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h742.90+0.155%$337K50xas long as short
KuCoin QQQUSDTM+0.0100%8h741.48−0.036%$3.4M$353K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h741.57−0.024%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h741.68−0.009%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h741.20−0.074%$92K$1K10xas long as short
GRVT QQQ_USDT_Perp+0.0116%8h742.17+0.057%$322K$2.0M10xas long as short
Nado QQQ-PERP+0.0131%1h741.48−0.037%$1.5M$764K20xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0141%1h741.68−0.009%$424K$154K20xas long as short
Phoenix QQQ+0.0205%1h741.63−0.016%$38K$66K20xas long as short
edgeX QQQUSDC+0.0573%4h741.92+0.023%$759K$334K20xas long as short