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% APRpaid last 24h 0.000%
Price spread now: ApeX Omni against KuCoin−0.013%7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$480.479% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.007%+$1 on $10k
Price spread, last 7 days+0.028%+$3 · spread now −0.013%, 7d avg −0.012%
Together, before fees+0.035%+$4 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin QQQUSDTM741.360.0100pay 0.0100% / 8h30m 58s$3.4M$360K20x
ShortApeX Omni QQQUSDT741.260.0100get 0.0013% / 1h30m 58s$20K$2.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against KuCoin. 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: −0.013% → −0.012%
−$0.16
Slippage, 4 orders
−$25.89
Fee KuCoin: 6 bp × 2 orders
−$12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$48.05
Costs to cover
0.479%
Break-even
never at this rate
Slippage from KuCoin: live order book, 6 min ago; ApeX Omni: live order book, 3 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 KuCoin live order book, 6 min ago1.21 bp8.4 bp −$888.6 bp −$886doesn't fitdoesn't fit
Sell ApeX Omni live order book, 3 min ago3.78 bp9.8 bp −$1026.9 bp −$269doesn'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
GMX QQQ/USD [ETH-USDC]L −0.0172% / S +0.0261%1h741.85+0.065%$25K26xas long as short
Ondo Perps QQQ-USD.P−0.0171%1h740.14−0.165%$4.2M$1.8M20xas long as short
Gate QQQ_USDT−0.0075%8h741.38+0.003%$3.3M$21.6M50xas long as short
BloFin QQQ-USDT−0.0010%8h741.60+0.032%$1.1M$274K20xas long as short
Aster QQQUSDT0.0000%8h741.80+0.060%$821K$861K20xas long as short
Bybit QQQUSDT0.0000%8h741.82+0.062%$10.7M$5.1M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h741.54+0.024%$21.4M$28.4M50xas long as short
RISEx QQQ/USDC0.0000%1h741.57+0.029%$5.4M$6.3M25xas long as short
Bitget QQQUSDT0.0000%8h741.95+0.080%$16.5M$5.4M20xas long as short
Variational Omni QQQ0.0000%8h741.73+0.050%$16.8M$7.2Mas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX QQQ-USDT0.0000%8h742.34+0.132%$2K$1.8M10xas long as short
HTX QQQ-USDT0.0000%8h742.04+0.092%$251K$41K30xas long as short
Phemex QQQUSDT0.0000%8h742.11+0.101%$361K$1.6M10xas long as short
Binance QQQUSDT+0.0012%8h741.82+0.062%$70.2M$141.9M25xas long as short
Coinbase International QQQ-PERP-INTX+0.0016%1h741.51+0.020%$1.2M$491K20xas long as short
Lighter QQQ+0.0032%1h741.61+0.034%$7.7M$15.3M30xas long as short
Lighter RH QQQ+0.0032%1h741.93+0.077%$37.3M$80.3M50xas long as short
Arcus QQQ-USD+0.0040%1h741.20−0.022%$644K$1.7M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h742.70+0.181%$337K50xas long as short
KuCoin QQQUSDTMlong+0.0100%8h741.36long leg$3.4M$360K20x
ApeX Omni QQQUSDTshort+0.0100%1h741.26−0.013%$20K$2.2M50x
Orderly PERP_QQQ_USDC_mythos+0.0100%8h741.56+0.027%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h741.09−0.036%$92K$1K10xas long as short
Nado QQQ-PERP+0.0126%1h741.30−0.009%$1.6M$762K20xas long as short
GRVT QQQ_USDT_Perp+0.0130%8h742.08+0.097%$325K$2.0M10xas long as short
edgeX QQQUSDC+0.0194%4h741.73+0.050%$758K$336K20xas long as short
Phoenix QQQ+0.0227%1h741.19−0.023%$38K$65K20xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0249%1h741.59+0.031%$424K$156K20xas long as short