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% APRnext payment +$0.00 per $10,000 · paid last 24h −0.011%
Price spread now: OKX against Bybit−0.028%7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$260.259% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.004%$0 on $10k
Price spread, last 7 days+0.003%$0 · spread now −0.028%, 7d avg −0.012%
Together, before fees−0.002%$0 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit QQQUSDT744.290get 0.0000% / 8h4h 07m$10.7M$5.0M50x
ShortOKX QQQ-USDT-SWAP744.080get 0.0000% / 8h4h 07m$21.5M$26.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Bybit. 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: −0.028% → −0.012%
−$1.61
Slippage, 4 orders
−$4.94
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee OKX: 5 bp × 2 orders
−$10
Net
−$27.55
Costs to cover
0.259%
Break-even
never at this rate
Slippage from Bybit: live order book, 6 min ago; OKX: live order book, 1 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 Bybit live order book, 6 min ago0.74 bp8.3 bp −$811.3 bp −$11375.5 bp −$7,547doesn't fit
Sell OKX live order book, 1 min ago0.07 bp5.1 bp −$56.6 bp −$6612.6 bp −$1,264doesn'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 −0.0127% / S +0.0226%1h744.28−0.001%$25K26xas long as short
Ondo Perps QQQ-USD.P−0.0127%1h743.28−0.136%$4.2M$1.8M20xas long as short
Aster QQQUSDT0.0000%8h744.28−0.002%$841K$714K20xas long as short
Bybit QQQUSDTlong0.0000%8h744.29long leg$10.7M$5.0M50x
OKX QQQ-USDT-SWAPshort0.0000%8h744.08−0.028%$21.5M$26.9M50x
RISEx QQQ/USDC0.0000%1h744.36+0.009%$5.4M$7.4M25xas long as short
Gate QQQ_USDT0.0000%8h743.74−0.074%$3.3M$20.8M50xas long as short
Bitget QQQUSDT0.0000%8h744.39+0.013%$16.9M$5.6M20xas long as short
Variational Omni QQQ0.0000%8h744.11−0.025%$17.1M$7.4Mas long as short
SunX QQQ-USDT0.0000%8h744.73+0.059%$2K$1.9M10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX QQQ-USDT0.0000%8h744.63+0.046%$257K$29K30xas long as short
Phemex QQQUSDT0.0000%8h744.47+0.024%$359K$1.5M10xas long as short
Coinbase International QQQ-PERP-INTX+0.0008%1h743.80−0.066%$1.2M$536K20xas long as short
BloFin QQQ-USDT+0.0010%8h744.09−0.027%$1.1M$261K20xas long as short
Binance QQQUSDT+0.0024%8h744.28−0.001%$71.0M$141.4M25xas long as short
Lighter QQQ+0.0032%1h744.13−0.021%$7.7M$16.4M30xas long as short
Arcus QQQ-USD+0.0040%1h743.56−0.098%$698K$1.6M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h745.26+0.130%$337K50xas long as short
Lighter RH QQQ+0.0048%1h744.53+0.032%$37.0M$79.9M50xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0059%1h744.00−0.039%$425K$150K20xas long as short
GRVT QQQ_USDT_Perp+0.0091%8h744.38+0.011%$316K$1.9M10xas long as short
Nado QQQ-PERP+0.0096%1h743.94−0.047%$1.5M$817K20xas long as short
KuCoin QQQUSDTM+0.0100%8h743.92−0.050%$3.4M$363K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h743.89−0.054%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h744.00−0.039%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h743.43−0.116%$93K$1K10xas long as short
Phoenix QQQ+0.0129%1h743.93−0.048%$38K$66K20xas long as short
edgeX QQQUSDC+0.0993%4h744.11−0.024%$761K$334K20xas long as short