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% APRnext payment +$0.00 per $10,000 · paid last 24h −0.003%
Price spread now: Gate against OKX−0.022%7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$340.338% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.047%−$5 on $10k
Price spread, last 7 days+0.066%+$7 · spread now −0.022%, 7d avg −0.012%
Together, before fees+0.019%+$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX QQQ-USDT-SWAP743.890get 0.0000% / 8h6h 36m$21.5M$25.5M50x
ShortGate QQQ_USDT743.730get 0.0000% / 8h6h 36m$3.2M$21.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: −0.022% → −0.012%
−$0.92
Slippage, 4 orders
−$8.79
Fee OKX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$34.72
Costs to cover
0.338%
Break-even
never at this rate
Slippage from OKX: live order book, 2 min ago; Gate: 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 OKX live order book, 2 min ago0.07 bp5.1 bp −$56.5 bp −$6513.9 bp −$1,386doesn't fit
Sell Gate live order book, 3 min ago3.03 bp12.0 bp −$1217.0 bp −$170doesn'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−0.0165%1h742.89−0.134%$4.2M$1.9M20xas long as short
GMX QQQ/USD [ETH-USDC]L −0.0097% / S +0.0202%1h744.07+0.024%$25K26xas long as short
Bybit QQQUSDT0.0000%8h744.01+0.016%$10.7M$5.0M50xas long as short
OKX QQQ-USDT-SWAPlong0.0000%8h743.89long leg$21.5M$25.5M50x
Gate QQQ_USDTshort0.0000%8h743.73−0.022%$3.2M$21.6M50x
SunX QQQ-USDT0.0000%8h744.46+0.077%$2K$2.1M10xas long as short
HTX QQQ-USDT0.0000%8h744.08+0.026%$257K$29K30xas long as short
Phemex QQQUSDT0.0000%8h744.20+0.042%$361K$1.4M10xas long as short
Aster QQQUSDT+0.0010%8h744.08+0.025%$841K$712K20xas long as short
BloFin QQQ-USDT+0.0026%8h744.31+0.056%$1.1M$319K20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter QQQ+0.0032%1h743.86−0.004%$7.8M$17.7M30xas long as short
Lighter RH QQQ+0.0032%1h744.30+0.055%$37.3M$79.7M50xas long as short
Arcus QQQ-USD+0.0040%1h743.14−0.101%$703K$1.6M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h745.08+0.160%$337K50xas long as short
Coinbase International QQQ-PERP-INTX+0.0048%1h743.40−0.066%$1.2M$536K20xas long as short
Variational Omni QQQ+0.0062%8h743.95+0.008%$17.1M$7.6Mas long as short
Bitget QQQUSDT+0.0070%8h744.13+0.032%$16.9M$5.9M20xas long as short
Binance QQQUSDT+0.0087%8h744.04+0.020%$71.1M$147.6M25xas long as short
KuCoin QQQUSDTM+0.0100%8h743.84−0.007%$3.4M$406K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h743.71−0.024%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h743.81−0.011%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h743.30−0.079%$93K$1K10xas long as short
Nado QQQ-PERP+0.0121%1h743.62−0.037%$1.5M$1.0M20xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0153%1h743.88−0.001%$425K$148K20xas long as short
RISEx QQQ/USDC+0.0168%1h744.02+0.017%$5.4M$8.1M25xas long as short
Phoenix QQQ+0.0183%1h743.66−0.031%$38K$66K20xas long as short
GRVT QQQ_USDT_Perp+0.0230%8h744.26+0.050%$318K$1.8M10xas long as short
edgeX QQQUSDC+0.0751%4h743.92+0.004%$761K$334K20xas long as short