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

QQQ

RWAall QQQ markets
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Funding spread now, next payment 17:00 UTC+0.0227%/8h
paid, last 24h+0.022%paid, last 5 days+0.021%to open and closeno order book
The current rate is far above what this pair has been paying: over the last 5 days it paid 0.021% in total (about 1.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX QQQ-USDT739.570get 0.0000% / 8h6h 29m$258K$27K30x
ShortPhoenix QQQ738.670.0227get 0.0028% / 1h29m 59s$38K$74K20x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
$47.75
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Phoenix: 3.5 bp × 2 orders
−$7
Net
$28.75
Break-even
2.8 days
Slippage unknown: HTX: live order book, 8 min ago; Phoenix: no order-book sample. Net counts fees only.

Price risk

price view
Price gap now
−0.122%
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 HTX live order book, 8 min ago0.47 bp9.7 bp −$1011.9 bp −$119doesn't fitdoesn't fit
Sell Phoenix no order-book sample
Phoenix: 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−0.0092%1h$4.2M$2.1M20xas long as short
BloFin QQQ-USDT−0.0028%8h$1.0M$471K20xas long as short
OKX QQQ-USDT-SWAP0.0000%8h$20.9M$23.5M50xas long as short
Gate QQQ_USDT0.0000%8h$2.9M$33.6M50xas long as short
SunX QQQ-USDT0.0000%8h$2K$2.5M10xas long as short
HTX QQQ-USDTlong0.0000%8h$258K$27K30x
Phemex QQQUSDT0.0000%8h$357K$1.2M10xas long as short
GMX QQQ/USD [ETH-USDC]L +0.0009% / S +0.0095%1h$23K53xas long as short
Lighter QQQ+0.0032%1h$8.1M$20.7M30xas long as short
Lighter RH QQQ+0.0032%1h$39.9M$80.3M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Arcus QQQ-USD+0.0040%1h$762K$1.4M25xas long as short
RISEx QQQ/USDC+0.0041%1h$5.6M$8.9M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h$619K50xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0048%1h$422K$309K20xas long as short
Coinbase International QQQ-PERP-INTX+0.0048%1h$1.2M$825K20xas long as short
Aster QQQUSDT+0.0054%8h$824K$522K20xas long as short
Bybit QQQUSDT+0.0087%8h$10.8M$5.1M50xas long as short
KuCoin QQQUSDTM+0.0100%8h$3.4M$431K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h$22K$2.1M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h$7K$15K20xas long as short
Nado QQQ-PERP+0.0103%1h$1.5M$1.4M20xas long as short
Aevo QQQ-PERP+0.0104%1h$92K$1K10xas long as short
Variational Omni QQQ+0.0111%8h$17.7M$9.8Mas long as short
Binance QQQUSDT+0.0129%8h$69.9M$147.2M25xas long as short
Phoenix QQQshort+0.0227%1h$38K$74K20x
Bitget QQQUSDT+0.0280%8h$16.5M$7.2M20xas long as short
edgeX QQQUSDC+0.0604%4h$756K$336K20xas long as short