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+0.0078%/8h= +8.5% APRnext payment +$0.78 per $10,000 · paid last 24h +0.003%
Price spread now: Orderly against BloFin−0.048%7-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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Orderly is 0.048% cheaper against BloFin than usual: you would sell low and buy high (spread −0.048% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 2.1 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin QQQ-USDT742.860.0022pay 0.0022% / 8h3h 04m$1.1M$246K20x
ShortOrderly PERP_QQQ_USDC_mythos742.500.0100get 0.0100% / 8h3h 04m$12K$21K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
$16.28
Price spread: −0.048% → 0.000%
−$4.85
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$6.57
Costs to cover
0.180%
Break-even
9.8 days
Slippage unknown: BloFin: live order book, 2 min ago; Orderly: 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, 2 min ago0.07 bp6.1 bp −$67.0 bp −$7010.7 bp −$1,069doesn't fit
Sell Orderly no order-book sample
Orderly: 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
GMX QQQ/USD [ETH-USDC]L −0.0141% / S +0.0236%1h742.82−0.006%$25K26xas long as short
Ondo Perps QQQ-USD.P−0.0010%1h741.70−0.156%$4.2M$1.8M20xas long as short
Aster QQQUSDT0.0000%8h742.79−0.010%$824K$857K20xas long as short
Binance QQQUSDT0.0000%8h742.84−0.003%$70.1M$143.8M25xas long as short
Bybit QQQUSDT0.0000%8h742.81−0.007%$10.7M$5.0M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h742.58−0.038%$21.6M$27.4M50xas long as short
Gate QQQ_USDT0.0000%8h742.16−0.094%$3.3M$21.3M50xas long as short
Bitget QQQUSDT0.0000%8h742.92+0.008%$16.7M$5.6M20xas long as short
Variational Omni QQQ0.0000%8h742.76−0.014%$17.1M$7.2Mas long as short
SunX QQQ-USDT0.0000%8h743.31+0.061%$2K$1.9M10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit QQQ_USDC-PERPETUAL0.0000%1h742.39−0.063%$424K$151K20xas long as short
Coinbase International QQQ-PERP-INTX0.0000%1h742.27−0.079%$1.2M$538K20xas long as short
HTX QQQ-USDT0.0000%8h742.85−0.001%$257K$29K30xas long as short
Phemex QQQUSDT0.0000%8h743.37+0.069%$361K$1.6M10xas long as short
RISEx QQQ/USDC+0.0010%1h742.84−0.003%$5.4M$7.3M25xas long as short
BloFin QQQ-USDTlong+0.0022%8h742.86long leg$1.1M$246K20x
Lighter QQQ+0.0032%1h742.67−0.026%$7.7M$15.9M30xas long as short
Lighter RH QQQ+0.0032%1h743.02+0.022%$36.9M$79.5M50xas long as short
Arcus QQQ-USD+0.0040%1h742.03−0.112%$704K$1.6M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h743.68+0.110%$337K50xas long as short
GRVT QQQ_USDT_Perp+0.0073%8h742.97+0.015%$320K$1.9M10xas long as short
KuCoin QQQUSDTM+0.0100%8h742.46−0.054%$3.4M$343K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h742.35−0.069%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythosshort+0.0100%8h742.50−0.048%$12K$21K20x
Nado QQQ-PERP+0.0103%1h742.39−0.063%$1.5M$763K20xas long as short
Aevo QQQ-PERP+0.0104%1h741.98−0.118%$92K$1K10xas long as short
Phoenix QQQ+0.0118%1h742.50−0.048%$38K$66K20xas long as short
edgeX QQQUSDC+0.0178%4h742.80−0.008%$759K$334K20xas long as short