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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment $1.00 per $10,000 · paid last 24h −0.027%
Price spread now: OKX against Orderly+0.015%7-day average · you sell dearer than you buy
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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_QQQ_USDC_mythos743.040.0100pay 0.0100% / 8h2h 09m$12K$21K20x
ShortOKX QQQ-USDT-SWAP743.150get 0.0000% / 8h2h 09m$21.5M$28.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
−$21
Price spread: +0.015% → 0.000%
$1.48
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee OKX: 5 bp × 2 orders
−$10
Net
−$35.52
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; OKX: live order book, 4 min ago. 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 OKX live order book, 4 min ago0.07 bp5.1 bp −$56.3 bp −$6313.9 bp −$1,391doesn't fit
Orderly: 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 −0.0152% / S +0.0246%1h743.35+0.041%$25K26xas long as short
BloFin QQQ-USDT−0.0020%8h742.85−0.026%$1.1M$277K20xas long as short
Aster QQQUSDT0.0000%8h742.97−0.009%$824K$857K20xas long as short
Binance QQQUSDT0.0000%8h743.37+0.044%$70.0M$145.0M25xas long as short
Bybit QQQUSDT0.0000%8h743.45+0.055%$10.6M$5.2M50xas long as short
OKX QQQ-USDT-SWAPshort0.0000%8h743.15+0.015%$21.5M$28.3M50x
RISEx QQQ/USDC0.0000%1h743.38+0.045%$5.4M$6.7M25xas long as short
Gate QQQ_USDT0.0000%8h742.74−0.040%$3.3M$21.4M50xas long as short
Bitget QQQUSDT0.0000%8h743.50+0.062%$16.6M$5.6M20xas long as short
Variational Omni QQQ0.0000%8h743.18+0.020%$16.9M$7.3Mas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX QQQ-USDT0.0000%8h743.76+0.097%$2K$1.8M10xas long as short
Coinbase International QQQ-PERP-INTX0.0000%1h742.77−0.036%$1.2M$541K20xas long as short
HTX QQQ-USDT0.0000%8h743.33+0.039%$251K$41K30xas long as short
Phemex QQQUSDT0.0000%8h743.50+0.062%$361K$1.6M10xas long as short
Ondo Perps QQQ-USD.P+0.0001%1h742.06−0.132%$4.2M$1.8M20xas long as short
Lighter QQQ+0.0032%1h743.29+0.034%$7.6M$15.7M30xas long as short
Lighter RH QQQ+0.0032%1h743.63+0.079%$37.0M$80.9M50xas long as short
Arcus QQQ-USD+0.0040%1h742.15−0.120%$689K$1.6M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h744.28+0.167%$337K50xas long as short
GRVT QQQ_USDT_Perp+0.0095%8h743.38+0.046%$316K$2.0M10xas long as short
KuCoin QQQUSDTM+0.0100%8h743.06+0.003%$3.4M$363K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h742.75−0.039%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythoslong+0.0100%8h743.04long leg$12K$21K20x
Aevo QQQ-PERP+0.0104%1h742.59−0.061%$92K$1K10xas long as short
Nado QQQ-PERP+0.0122%1h742.92−0.016%$1.5M$748K20xas long as short
Phoenix QQQ+0.0129%1h742.54−0.067%$38K$66K20xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0140%1h743.08+0.005%$424K$152K20xas long as short
edgeX QQQUSDC+0.0987%4h743.21+0.022%$760K$334K20xas long as short