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 −0.014%
Price spread now: SunX against Bybit+0.063%7-day average +0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$780.781% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.040%−$4 on $10k
Price spread, last 4 days (all we have)−0.005%−$1 · spread now +0.063%, 7d avg +0.030%
Together, before fees−0.045%−$5 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: SunX is 0.034% dearer against Bybit than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.030%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit QQQUSDT742.820get 0.0000% / 8h3h 04m$10.7M$5.0M50x
ShortSunX QQQ-USDT743.290get 0.0000% / 8h3h 04m$1K$1.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: +0.063% → +0.030%
$3.36
Slippage, 4 orders
−$59.1
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee SunX: 4 bp × 2 orders
−$8
Net
−$74.74
Costs to cover
0.781%
Break-even
never at this rate
Slippage from Bybit: live order book, 4 min ago; SunX: live order book, 2 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, 4 min ago0.07 bp7.5 bp −$713.4 bp −$13486.6 bp −$8,657doesn't fit
Sell SunX live order book, 2 min ago21.59 bp38.0 bp −$38doesn't fitdoesn'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 −0.0141% / S +0.0237%1h742.84+0.002%$25K26xas long as short
Ondo Perps QQQ-USD.P−0.0010%1h741.70−0.151%$4.2M$1.8M20xas long as short
Aster QQQUSDT0.0000%8h742.84+0.003%$824K$857K20xas long as short
Binance QQQUSDT0.0000%8h742.83+0.001%$70.1M$143.8M25xas long as short
Bybit QQQUSDTlong0.0000%8h742.82long leg$10.7M$5.0M50x
OKX QQQ-USDT-SWAP0.0000%8h742.58−0.032%$21.6M$27.4M50xas long as short
Gate QQQ_USDT0.0000%8h742.17−0.088%$3.3M$21.3M50xas long as short
Bitget QQQUSDT0.0000%8h742.89+0.009%$16.7M$5.6M20xas long as short
Variational Omni QQQ0.0000%8h742.76−0.009%$17.1M$7.2Mas long as short
SunX QQQ-USDTshort0.0000%8h743.29+0.063%$1K$1.9M10x
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit QQQ_USDC-PERPETUAL0.0000%1h742.46−0.048%$424K$151K20xas long as short
Coinbase International QQQ-PERP-INTX0.0000%1h742.27−0.074%$1.2M$538K20xas long as short
HTX QQQ-USDT0.0000%8h742.85+0.004%$257K$29K30xas long as short
Phemex QQQUSDT0.0000%8h743.07+0.034%$362K$1.6M10xas long as short
RISEx QQQ/USDC+0.0010%1h742.89+0.009%$5.4M$7.2M25xas long as short
BloFin QQQ-USDT+0.0022%8h742.86+0.005%$1.1M$246K20xas long as short
Lighter QQQ+0.0032%1h742.66−0.022%$7.7M$15.9M30xas long as short
Lighter RH QQQ+0.0032%1h743.07+0.034%$37.0M$79.6M50xas long as short
Arcus QQQ-USD+0.0040%1h742.03−0.106%$704K$1.6M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h743.73+0.123%$337K50xas long as short
GRVT QQQ_USDT_Perp+0.0073%8h742.97+0.020%$320K$1.9M10xas long as short
KuCoin QQQUSDTM+0.0100%8h742.50−0.043%$3.4M$343K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h742.35−0.063%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h742.58−0.032%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h742.06−0.103%$92K$1K10xas long as short
Nado QQQ-PERP+0.0105%1h742.36−0.062%$1.5M$763K20xas long as short
Phoenix QQQ+0.0118%1h742.50−0.043%$38K$66K20xas long as short
edgeX QQQUSDC+0.0178%4h742.80−0.003%$759K$334K20xas long as short