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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.056%
Price spread now: RISEx against HTX−0.037%7-day average +0.006% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$240.240% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.200%+$20 on $10k
Price spread, last 4 days (all we have)+0.125%+$13 · spread now −0.037%, 7d avg +0.006%
Together, before fees+0.325%+$32 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: RISEx is 0.043% cheaper against HTX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.006%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX QQQ-USDT744.810get 0.0000% / 8h4h 35m$257K$29K30x
ShortRISEx QQQ/USDC744.530get 0.0000% / 1h35m 05s$5.4M$7.5M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx against HTX. 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: −0.037% → +0.006%
−$4.29
Slippage, 4 orders
−$6.04
Fee HTX: 6 bp × 2 orders
−$12
Fee RISEx: 3 bp × 2 orders
−$6
Net
−$28.33
Costs to cover
0.240%
Break-even
never at this rate
Slippage from HTX: live order book, 22 min ago; RISEx: live order book, 4 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 HTX live order book, 22 min ago2.68 bp8.7 bp −$912.5 bp −$125doesn't fitdoesn't fit
Sell RISEx live order book, 4 min ago0.34 bp3.3 bp −$33.7 bp −$37doesn'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−0.0143%1h743.21−0.215%$4.2M$1.8M20xas long as short
GMX QQQ/USD [ETH-USDC]L −0.0122% / S +0.0222%1h744.47−0.046%$25K26xas long as short
Aster QQQUSDT0.0000%8h744.46−0.047%$841K$714K20xas long as short
Bybit QQQUSDT0.0000%8h744.40−0.055%$10.7M$5.0M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h744.29−0.070%$21.5M$26.9M50xas long as short
RISEx QQQ/USDCshort0.0000%1h744.53−0.037%$5.4M$7.5M25x
Gate QQQ_USDT0.0000%8h743.94−0.117%$3.3M$20.8M50xas long as short
Bitget QQQUSDT0.0000%8h744.61−0.027%$16.9M$5.7M20xas long as short
SunX QQQ-USDT0.0000%8h744.96+0.020%$2K$1.9M10xas long as short
HTX QQQ-USDTlong0.0000%8h744.81long leg$257K$29K30x
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex QQQUSDT0.0000%8h744.89+0.011%$362K$1.5M10xas long as short
Variational Omni QQQ+0.0002%8h744.38−0.057%$17.1M$7.5Mas long as short
Coinbase International QQQ-PERP-INTX+0.0008%1h743.96−0.114%$1.2M$536K20xas long as short
BloFin QQQ-USDT+0.0026%8h744.30−0.068%$1.1M$271K20xas long as short
Lighter QQQ+0.0032%1h744.29−0.070%$7.7M$16.3M30xas long as short
Binance QQQUSDT+0.0040%8h744.46−0.046%$71.1M$141.8M25xas long as short
Arcus QQQ-USD+0.0040%1h743.76−0.141%$700K$1.6M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h745.44+0.085%$337K50xas long as short
Lighter RH QQQ+0.0048%1h744.77−0.005%$36.9M$78.9M50xas long as short
Nado QQQ-PERP+0.0096%1h744.14−0.090%$1.5M$876K20xas long as short
KuCoin QQQUSDTM+0.0100%8h744.11−0.094%$3.4M$389K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h744.11−0.094%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h744.19−0.083%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h743.67−0.154%$93K$1K10xas long as short
GRVT QQQ_USDT_Perp+0.0110%8h744.62−0.026%$319K$1.9M10xas long as short
Phoenix QQQ+0.0129%1h744.01−0.107%$38K$66K20xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0274%1h744.41−0.054%$425K$149K20xas long as short
edgeX QQQUSDC+0.0680%4h744.36−0.060%$761K$334K20xas long as short