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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Aevo against Orderly−0.052%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aevo is 0.052% cheaper against Orderly than usual: you would sell low and buy high, −$5 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_QQQ_USDC_mythos743.230.0100pay 0.0100% / 8h14m 02s$12K$21K20x
ShortAevo QQQ-PERP742.850.0104get 0.0013% / 1h14m 02s$92K$1K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Orderly. 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
$0.84
Price spread: −0.052% → 0.000%
−$5.15
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$26.31
Costs to cover
0.220%
Break-even
226.3 days
Slippage unknown: Orderly: no order-book sample; Aevo: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Orderly no order-book sample
Sell Aevo no order-book sample
Orderly and Aevo: 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 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 −0.0077% / S +0.0186%1h743.60+0.049%$25K26xas long as short
Ondo Perps QQQ-USD.P−0.0042%1h742.08−0.155%$4.2M$2.1M20xas long as short
BloFin QQQ-USDT−0.0011%8h743.09−0.019%$1.1M$320K20xas long as short
Aster QQQUSDT0.0000%8h743.36+0.017%$845K$783K20xas long as short
OKX QQQ-USDT-SWAP0.0000%8h743.40+0.023%$21.5M$27.6M50xas long as short
Gate QQQ_USDT0.0000%8h743.20−0.004%$3.1M$32.8M50xas long as short
SunX QQQ-USDT0.0000%8h744.03+0.108%$2K$2.3M10xas long as short
HTX QQQ-USDT0.0000%8h743.15−0.011%$257K$25K30xas long as short
Phemex QQQUSDT0.0000%8h743.98+0.101%$364K$1.4M10xas long as short
Lighter RH QQQ+0.0032%1h743.69+0.062%$37.5M$80.6M50xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus QQQ-USD+0.0040%1h742.87−0.048%$747K$1.5M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h744.00+0.104%$621K50xas long as short
Variational Omni QQQ+0.0046%8h743.47+0.032%$17.6M$10.3Mas long as short
Lighter QQQ+0.0064%1h743.37+0.019%$7.6M$20.9M30xas long as short
Coinbase International QQQ-PERP-INTX+0.0072%1h742.85−0.051%$1.2M$865K20xas long as short
Binance QQQUSDT+0.0076%8h743.58+0.047%$71.1M$160.6M25xas long as short
KuCoin QQQUSDTM+0.0100%8h743.05−0.024%$3.4M$415K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h743.10−0.017%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythoslong+0.0100%8h743.23long leg$12K$21K20x
Bybit QQQUSDT+0.0101%8h743.63+0.054%$10.7M$5.2M50xas long as short
Aevo QQQ-PERPshort+0.0104%1h742.85−0.052%$92K$1K10x
Nado QQQ-PERP+0.0172%1h743.06−0.023%$1.5M$1.3M20xas long as short
Bitget QQQUSDT+0.0181%8h743.61+0.051%$16.9M$7.0M20xas long as short
GRVT QQQ_USDT_Perp+0.0191%8h743.70+0.063%$323K$1.8M10xas long as short
RISEx QQQ/USDC+0.0193%1h743.68+0.060%$5.4M$8.9M25xas long as short
Phoenix QQQ+0.0194%1h743.10−0.017%$38K$73K20xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0288%1h743.38+0.020%$425K$157K20xas long as short
edgeX QQQUSDC+0.0915%4h743.51+0.038%$760K$337K20xas long as short