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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0004%/8h= −0.5% APRpaid last 24h −0.030%
Price spread now: Binance against RISEx−0.023%7-day average −0.005% · 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−$180.176% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.268%−$27 on $10k
Price spread, last 7 days+0.056%+$6 · spread now −0.023%, 7d avg −0.005%
Together, before fees−0.212%−$21 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx QQQ/USDC743.290.0010pay 0.0001% / 1h39m 15s$5.4M$7.3M25x
ShortBinance QQQUSDT743.110.0006get 0.0006% / 8h3h 39m$70.8M$141.2M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against RISEx. 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
−$0.94
Price spread: −0.023% → −0.005%
−$1.8
Slippage, 4 orders
−$1.59
Fee RISEx: 3 bp × 2 orders
−$6
Fee Binance: 5 bp × 2 orders
−$10
Net
−$20.33
Costs to cover
0.176%
Break-even
never at this rate
Slippage from RISEx: live order book, 5 min ago; Binance: live order book, 4 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 RISEx live order book, 5 min ago0.07 bp3.1 bp −$33.3 bp −$33doesn't fitdoesn't fit
Sell Binance live order book, 4 min ago0.07 bp5.1 bp −$55.1 bp −$519.2 bp −$92326.0 bp −$13.0K

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 −0.0133% / S +0.0231%1h743.18−0.014%$25K26xas long as short
Ondo Perps QQQ-USD.P−0.0041%1h742.40−0.119%$4.2M$1.8M20xas long as short
BloFin QQQ-USDT−0.0027%8h743.11−0.024%$1.1M$256K20xas long as short
Aster QQQUSDT0.0000%8h743.14−0.020%$840K$714K20xas long as short
Bybit QQQUSDT0.0000%8h743.05−0.032%$10.7M$5.0M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h743.00−0.039%$21.4M$26.9M50xas long as short
Gate QQQ_USDT0.0000%8h742.78−0.068%$3.3M$20.9M50xas long as short
Bitget QQQUSDT0.0000%8h743.36+0.010%$16.9M$5.5M20xas long as short
Variational Omni QQQ0.0000%8h743.22−0.008%$17.1M$7.3Mas long as short
SunX QQQ-USDT0.0000%8h743.60+0.042%$2K$1.9M10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International QQQ-PERP-INTX0.0000%1h742.64−0.087%$1.2M$536K20xas long as short
HTX QQQ-USDT0.0000%8h743.57+0.038%$257K$29K30xas long as short
Phemex QQQUSDT0.0000%8h743.12−0.022%$359K$1.6M10xas long as short
Binance QQQUSDTshort+0.0006%8h743.11−0.023%$70.8M$141.2M25x
RISEx QQQ/USDClong+0.0010%1h743.29long leg$5.4M$7.3M25x
Lighter QQQ+0.0032%1h743.01−0.037%$7.7M$15.8M30xas long as short
Lighter RH QQQ+0.0032%1h743.41+0.017%$37.0M$78.7M50xas long as short
Arcus QQQ-USD+0.0040%1h742.68−0.082%$702K$1.6M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h744.20+0.123%$337K50xas long as short
GRVT QQQ_USDT_Perp+0.0072%8h743.44+0.021%$315K$1.9M10xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0073%1h742.91−0.051%$424K$150K20xas long as short
Nado QQQ-PERP+0.0091%1h742.94−0.047%$1.5M$769K20xas long as short
KuCoin QQQUSDTM+0.0100%8h742.86−0.057%$3.4M$339K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h743.28−0.001%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h742.85−0.059%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h742.35−0.127%$92K$1K10xas long as short
Phoenix QQQ+0.0118%1h743.10−0.025%$38K$66K20xas long as short
edgeX QQQUSDC+0.0938%4h743.35+0.009%$760K$334K20xas long as short