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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.009%
Price spread now: Deribit against OKX−0.034%7-day average −0.050% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$200.204% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.098%+$10 on $10k
Price spread, last 3 days (all we have)−0.022%−$2 · spread now −0.034%, 7d avg −0.050%
Together, before fees+0.076%+$8 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX QQQ-USDT-SWAP744.190get 0.0000% / 8h7h 45m$21.5M$25.4M50x
ShortDeribit QQQ_USDC-PERPETUAL743.940get 0.0000% / 1h45m 16s$425K$147K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against OKX. 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: −0.034% → −0.050%
$1.68
Slippage, 4 orders
−$3.36
Fee OKX: 5 bp × 2 orders
−$10
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$18.68
Costs to cover
0.204%
Break-even
never at this rate
Slippage from OKX: live order book, 3 min ago; Deribit: live order book, 28 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 OKX live order book, 3 min ago0.07 bp5.1 bp −$55.5 bp −$5512.5 bp −$1,248doesn't fit
Sell Deribit live order book, 28 min ago1.28 bp4.8 bp −$55.7 bp −$57doesn'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−0.0365%1h742.35−0.247%$4.2M$2.0M20xas long as short
GMX QQQ/USD [ETH-USDC]L −0.0083% / S +0.0191%1h744.38+0.025%$25K26xas long as short
BloFin QQQ-USDT−0.0022%8h744.06−0.017%$1.0M$318K20xas long as short
Aster QQQUSDT0.0000%8h743.79−0.054%$841K$760K20xas long as short
OKX QQQ-USDT-SWAPlong0.0000%8h744.19long leg$21.5M$25.4M50x
Gate QQQ_USDT0.0000%8h743.97−0.030%$3.2M$26.8M50xas long as short
SunX QQQ-USDT0.0000%8h744.82+0.085%$2K$2.2M10xas long as short
Deribit QQQ_USDC-PERPETUALshort0.0000%1h743.94−0.034%$425K$147K20x
HTX QQQ-USDT0.0000%8h744.80+0.082%$257K$29K30xas long as short
Phemex QQQUSDT0.0000%8h744.56+0.050%$361K$1.4M10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter QQQ+0.0032%1h744.07−0.016%$7.6M$18.1M30xas long as short
Lighter RH QQQ+0.0032%1h744.42+0.031%$37.3M$79.0M50xas long as short
Arcus QQQ-USD+0.0040%1h743.47−0.097%$747K$1.5M25xas long as short
Variational Omni QQQ+0.0042%8h744.27+0.011%$17.1M$10.9Mas long as short
Vest QQQ-USD-PERP+0.0046%1h744.80+0.082%$336K50xas long as short
Coinbase International QQQ-PERP-INTX+0.0064%1h743.88−0.042%$1.2M$581K20xas long as short
Binance QQQUSDT+0.0072%8h744.38+0.025%$71.0M$154.9M25xas long as short
KuCoin QQQUSDTM+0.0100%8h743.91−0.038%$3.4M$413K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h743.97−0.030%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h744.11−0.011%$12K$21K20xas long as short
Bybit QQQUSDT+0.0104%8h744.47+0.038%$10.7M$4.9M50xas long as short
Aevo QQQ-PERP+0.0104%1h743.51−0.091%$93K$1K10xas long as short
Nado QQQ-PERP+0.0118%1h743.83−0.048%$1.5M$1.2M20xas long as short
Bitget QQQUSDT+0.0181%8h744.41+0.030%$16.9M$6.6M20xas long as short
RISEx QQQ/USDC+0.0208%1h744.34+0.020%$5.5M$9.0M25xas long as short
GRVT QQQ_USDT_Perp+0.0219%8h744.39+0.026%$327K$1.8M10xas long as short
Phoenix QQQ+0.0258%1h743.91−0.038%$38K$66K20xas long as short
edgeX QQQUSDC+0.0995%4h744.25+0.008%$761K$336K20xas long as short