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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h 0.000%
Price spread now: Vest against Bybit+0.124%47s7-day average +0.117% · you sell dearer than you buy
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 3 days (all we have)+0.031%+$3 on $10k
Price spread, last 4 days (all we have)−0.103%−$10 · spread now +0.124%, 7d avg +0.117%
Together, before fees−0.071%+ Points / potential airdropVest: Active · farm board−$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.117%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit QQQUSDT744.100get 0.0000% / 8h5h 25m$10.7M$5.0M50x
ShortVest QQQ-USD-PERP745.020.0046get 0.0006% / 1h25m 33s$337K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest 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
$9.59
Price spread: +0.124% → +0.117%
$0.65
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Vest: 1 bp × 2 orders
−$2
Net
−$2.75
Costs to cover
0.130%
Break-even
9.0 days
Slippage unknown: Bybit: live order book, 3 min ago; Vest: 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 Bybit live order book, 3 min ago0.07 bp8.1 bp −$812.7 bp −$12777.2 bp −$7,721doesn't fit
Sell Vest no order-book sample
Vest: 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 −0.0111% / S +0.0214%1h744.08−0.003%$25K26xas long as short
Ondo Perps QQQ-USD.P−0.0051%1h742.94−0.156%$4.2M$1.8M20xas long as short
BloFin QQQ-USDT−0.0007%8h743.95−0.020%$1.1M$303K20xas long as short
Aster QQQUSDT0.0000%8h743.99−0.014%$841K$713K20xas long as short
Bybit QQQUSDTlong0.0000%8h744.10long leg$10.7M$5.0M50x
OKX QQQ-USDT-SWAP0.0000%8h743.94−0.022%$21.7M$26.3M50xas long as short
RISEx QQQ/USDC0.0000%1h744.04−0.008%$5.4M$7.5M25xas long as short
Gate QQQ_USDT0.0000%8h743.63−0.063%$3.3M$21.1M50xas long as short
Bitget QQQUSDT0.0000%8h744.35+0.034%$16.9M$5.7M20xas long as short
SunX QQQ-USDT0.0000%8h744.50+0.054%$2K$2.0M10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit QQQ_USDC-PERPETUAL0.0000%1h743.67−0.058%$425K$149K20xas long as short
HTX QQQ-USDT0.0000%8h744.28+0.024%$257K$29K30xas long as short
Phemex QQQUSDT0.0000%8h744.36+0.035%$362K$1.5M10xas long as short
Variational Omni QQQ+0.0032%8h743.92−0.024%$17.1M$7.5Mas long as short
Lighter QQQ+0.0032%1h743.78−0.043%$7.7M$17.1M30xas long as short
Lighter RH QQQ+0.0032%1h744.21+0.015%$37.3M$79.5M50xas long as short
Coinbase International QQQ-PERP-INTX+0.0032%1h743.51−0.079%$1.2M$534K20xas long as short
Arcus QQQ-USD+0.0040%1h743.11−0.133%$694K$1.6M25xas long as short
Vest QQQ-USD-PERPshort+0.0046%1h745.02+0.124%$337K50x
Binance QQQUSDT+0.0062%8h744.01−0.012%$71.2M$143.3M25xas long as short
edgeX QQQUSDC+0.0077%4h744.100.000%$761K$336K20xas long as short
Nado QQQ-PERP+0.0088%1h743.65−0.061%$1.5M$922K20xas long as short
KuCoin QQQUSDTM+0.0100%8h743.74−0.048%$3.4M$405K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h743.97−0.017%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h743.77−0.044%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h743.22−0.118%$92K$1K10xas long as short
GRVT QQQ_USDT_Perp+0.0142%8h744.14+0.005%$319K$1.9M10xas long as short
Phoenix QQQ+0.0161%1h743.78−0.043%$38K$66K20xas long as short