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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0088%/8h= +9.6% APRnext payment +$0.11 per $10,000 · paid last 24h +0.024%
Price spread now: Aevo against Coinbase International−0.030%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 7 days−0.059%−$6 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Aevo is 0.030% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.030% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 27 hours of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.059%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International QQQ-PERP-INTX741.390.0016pay 0.0002% / 1h48m 02s$1.2M$489K20x
ShortAevo QQQ-PERP741.170.0104get 0.0013% / 1h48m 02s$92K$1K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Coinbase International. 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
$18.48
Price spread: −0.030% → 0.000%
−$2.97
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$10.49
Costs to cover
0.260%
Break-even
11.0 days
Slippage unknown: Coinbase International: live order book, just now; Aevo: 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 Coinbase International live order book, just now0.07 bp5.1 bp −$57.1 bp −$7146.7 bp −$4,666doesn't fit
Sell Aevo no order-book sample
Aevo: 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 −0.0169% / S +0.0259%1h741.93+0.074%$25K26xas long as short
Ondo Perps QQQ-USD.P−0.0152%1h740.17−0.165%$4.2M$1.8M20xas long as short
Gate QQQ_USDT−0.0068%8h741.47+0.011%$3.3M$21.6M50xas long as short
Aster QQQUSDT0.0000%8h742.00+0.082%$823K$858K20xas long as short
Bybit QQQUSDT0.0000%8h742.01+0.084%$10.7M$5.3M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h741.71+0.043%$21.5M$28.3M50xas long as short
RISEx QQQ/USDC0.0000%1h741.73+0.046%$5.4M$6.3M25xas long as short
Bitget QQQUSDT0.0000%8h742.02+0.085%$16.5M$5.4M20xas long as short
Variational Omni QQQ0.0000%8h741.63+0.032%$16.8M$7.4Mas long as short
SunX QQQ-USDT0.0000%8h742.73+0.181%$2K$1.8M10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit QQQ_USDC-PERPETUAL0.0000%1h741.71+0.043%$424K$155K20xas long as short
HTX QQQ-USDT0.0000%8h741.94+0.074%$250K$41K30xas long as short
Phemex QQQUSDT0.0000%8h742.26+0.117%$360K$1.6M10xas long as short
Binance QQQUSDT+0.0005%8h741.99+0.081%$70.0M$142.6M25xas long as short
Coinbase International QQQ-PERP-INTXlong+0.0016%1h741.39long leg$1.2M$489K20x
BloFin QQQ-USDT+0.0016%8h741.73+0.046%$1.1M$270K20xas long as short
Lighter QQQ+0.0032%1h741.83+0.059%$7.7M$15.3M30xas long as short
Lighter RH QQQ+0.0032%1h742.18+0.107%$37.2M$79.8M50xas long as short
Arcus QQQ-USD+0.0040%1h741.24−0.020%$642K$1.7M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h742.83+0.194%$337K50xas long as short
KuCoin QQQUSDTM+0.0100%8h741.50+0.015%$3.4M$357K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h741.30−0.012%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h741.63+0.032%$12K$21K20xas long as short
Aevo QQQ-PERPshort+0.0104%1h741.17−0.030%$92K$1K10x
Nado QQQ-PERP+0.0107%1h741.60+0.028%$1.6M$758K20xas long as short
GRVT QQQ_USDT_Perp+0.0122%8h741.91+0.070%$325K$2.0M10xas long as short
Phoenix QQQ+0.0227%1h741.27−0.016%$38K$65K20xas long as short
edgeX QQQUSDC+0.0659%4h741.61+0.029%$758K$336K20xas long as short