data as of
Settings8H · net · $10k
Funding arb /

QQQ

RWAall QQQ markets
SwapPrice view
Alert
Funding spread now, next payment 17:00 UTC−0.0009%/8h
paid, last 24h+0.006%paid, last 3 days+0.089%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX QQQ/USD [ETH-USDC]739.32L +0.0009% / S +0.0095%pay 0.0001% / 1h9m 57s$23K53x
ShortPhemex QQQUSDT739.790get 0.0000% / 8h7h 09m$358K$1.3M10x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$1.92
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$25.92
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; Phemex: live order book, 4 min ago. Net counts fees only.

Price risk

price view
Price gap now
+0.064%
Avg gap 7d
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy GMX no order-book sample
Sell Phemex live order book, 4 min ago2.03 bp29.3 bp −$29doesn't fitdoesn't fitdoesn't fit
GMX: 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 27 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Ondo Perps QQQ-USD.P−0.0300%1h$4.3M$1.9M20xas long as short
OKX QQQ-USDT-SWAP0.0000%8h$20.9M$23.2M50xas long as short
Gate QQQ_USDT0.0000%8h$2.8M$33.4M50xas long as short
SunX QQQ-USDT0.0000%8h$2K$2.4M10xas long as short
HTX QQQ-USDT0.0000%8h$258K$27K30xas long as short
Phemex QQQUSDTshort0.0000%8h$358K$1.3M10x
Coinbase International QQQ-PERP-INTX+0.0008%1h$1.2M$824K20xas long as short
GMX QQQ/USD [ETH-USDC]longL +0.0009% / S +0.0095%1h$23K53x
BloFin QQQ-USDT+0.0023%8h$1.0M$470K20xas long as short
Lighter RH QQQ+0.0032%1h$39.9M$78.8M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Arcus QQQ-USD+0.0040%1h$782K$1.5M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h$539K50xas long as short
Aster QQQUSDT+0.0056%8h$818K$520K20xas long as short
KuCoin QQQUSDTM+0.0100%8h$3.4M$428K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h$22K$2.1M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h$14K$8K20xas long as short
Aevo QQQ-PERP+0.0104%1h$92K$1K10xas long as short
Variational Omni QQQ+0.0112%8h$17.5M$9.4Mas long as short
Phoenix QQQ+0.0119%1h$38K$74K20xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0129%1h$422K$308K20xas long as short
Binance QQQUSDT+0.0132%8h$72.2M$139.7M25xas long as short
Lighter QQQ+0.0136%1h$8.1M$18.5M30xas long as short
Bybit QQQUSDT+0.0193%8h$10.8M$5.0M50xas long as short
Nado QQQ-PERP+0.0206%1h$1.5M$1.4M20xas long as short
RISEx QQQ/USDC+0.0221%1h$5.5M$9.0M25xas long as short
Bitget QQQUSDT+0.0277%8h$16.5M$7.2M20xas long as short
edgeX QQQUSDC+0.0588%4h$756K$334K20xas long as short