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 0.000%
Price spread now: HTX against Gate+0.118%50s7-day average +0.059% · you sell dearer than you buy
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$360.360% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.011%+$1 on $10k
Price spread, last 4 days (all we have)−0.145%−$14 · spread now +0.118%, 7d avg +0.059%
Together, before fees−0.134%−$13 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: HTX is 0.060% dearer against Gate than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.059%. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate QQQ_USDT743.770get 0.0000% / 8h4h 09m$3.3M$20.8M50x
ShortHTX QQQ-USDT744.650get 0.0000% / 8h4h 09m$257K$29K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Gate. 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: +0.118% → +0.059%
$5.96
Slippage, 4 orders
−$8.99
Fee Gate: 7.5 bp × 2 orders
−$15
Fee HTX: 6 bp × 2 orders
−$12
Net
−$30.03
Costs to cover
0.360%
Break-even
never at this rate
Slippage from Gate: live order book, 4 min ago; HTX: live order book, 47 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 Gate live order book, 4 min ago0.87 bp10.2 bp −$1017.1 bp −$171doesn't fitdoesn't fit
Sell HTX live order book, 47 min ago2.68 bp8.7 bp −$919.4 bp −$194doesn'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
Ondo Perps QQQ-USD.P−0.0131%1h743.24−0.071%$4.2M$1.8M20xas long as short
GMX QQQ/USD [ETH-USDC]L −0.0127% / S +0.0226%1h744.34+0.076%$25K26xas long as short
BloFin QQQ-USDT0.0000%8h744.14+0.050%$1.1M$261K20xas long as short
Aster QQQUSDT0.0000%8h744.27+0.067%$841K$714K20xas long as short
Bybit QQQUSDT0.0000%8h744.29+0.070%$10.7M$5.0M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h744.09+0.043%$21.5M$26.9M50xas long as short
RISEx QQQ/USDC0.0000%1h744.36+0.079%$5.4M$7.4M25xas long as short
Gate QQQ_USDTlong0.0000%8h743.77long leg$3.3M$20.8M50x
Bitget QQQUSDT0.0000%8h744.45+0.091%$16.9M$5.7M20xas long as short
Variational Omni QQQ0.0000%8h744.11+0.045%$17.1M$7.4Mas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX QQQ-USDT0.0000%8h744.79+0.137%$2K$1.9M10xas long as short
HTX QQQ-USDTshort0.0000%8h744.65+0.118%$257K$29K30x
Phemex QQQUSDT0.0000%8h744.73+0.129%$361K$1.5M10xas long as short
Coinbase International QQQ-PERP-INTX+0.0008%1h743.80+0.004%$1.2M$536K20xas long as short
Binance QQQUSDT+0.0024%8h744.33+0.075%$71.0M$141.5M25xas long as short
Lighter QQQ+0.0032%1h744.15+0.051%$7.7M$16.4M30xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0032%1h744.06+0.039%$425K$150K20xas long as short
Arcus QQQ-USD+0.0040%1h743.59−0.024%$698K$1.6M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h745.28+0.203%$337K50xas long as short
Lighter RH QQQ+0.0048%1h744.59+0.110%$37.0M$79.8M50xas long as short
GRVT QQQ_USDT_Perp+0.0091%8h744.38+0.081%$316K$1.9M10xas long as short
Nado QQQ-PERP+0.0095%1h743.95+0.024%$1.5M$830K20xas long as short
KuCoin QQQUSDTM+0.0100%8h743.91+0.019%$3.4M$363K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h743.89+0.016%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h744.02+0.034%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h743.50−0.037%$93K$1K10xas long as short
Phoenix QQQ+0.0129%1h743.93+0.022%$38K$66K20xas long as short
edgeX QQQUSDC+0.0993%4h744.11+0.046%$761K$334K20xas long as short