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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.056%
Price spread now: Gate against RISEx−0.081%7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$270.267% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.210%−$21 on $10k
Price spread, last 7 days+0.114%+$11 · spread now −0.081%, 7d avg −0.023%
Together, before fees−0.096%−$10 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.058% cheaper against RISEx than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.023%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx QQQ/USDC744.330get 0.0000% / 1h7m 53s$5.4M$7.4M25x
ShortGate QQQ_USDT743.730get 0.0000% / 8h4h 07m$3.3M$20.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
Price spread: −0.081% → −0.023%
−$5.79
Slippage, 4 orders
−$5.66
Fee RISEx: 3 bp × 2 orders
−$6
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$32.45
Costs to cover
0.267%
Break-even
never at this rate
Slippage from RISEx: live order book, 1 min ago; Gate: live order book, 1 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, 1 min ago0.07 bp3.1 bp −$34.0 bp −$40doesn't fitdoesn't fit
Sell Gate live order book, 1 min ago0.87 bp8.8 bp −$913.1 bp −$131doesn'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−0.0129%1h743.28−0.142%$4.2M$1.8M20xas long as short
GMX QQQ/USD [ETH-USDC]L −0.0127% / S +0.0226%1h744.28−0.007%$25K26xas long as short
Aster QQQUSDT0.0000%8h744.23−0.014%$841K$714K20xas long as short
Bybit QQQUSDT0.0000%8h744.29−0.006%$10.7M$5.0M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h744.08−0.034%$21.5M$26.9M50xas long as short
RISEx QQQ/USDClong0.0000%1h744.33long leg$5.4M$7.4M25x
Gate QQQ_USDTshort0.0000%8h743.73−0.081%$3.3M$20.8M50x
Bitget QQQUSDT0.0000%8h744.39+0.007%$16.9M$5.6M20xas long as short
Variational Omni QQQ0.0000%8h744.11−0.030%$17.1M$7.4Mas long as short
SunX QQQ-USDT0.0000%8h744.73+0.053%$2K$1.9M10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX QQQ-USDT0.0000%8h744.63+0.040%$257K$29K30xas long as short
Phemex QQQUSDT0.0000%8h744.47+0.018%$359K$1.5M10xas long as short
Coinbase International QQQ-PERP-INTX+0.0008%1h743.80−0.072%$1.2M$536K20xas long as short
BloFin QQQ-USDT+0.0010%8h744.09−0.033%$1.1M$261K20xas long as short
Binance QQQUSDT+0.0024%8h744.28−0.007%$71.0M$141.5M25xas long as short
Lighter QQQ+0.0032%1h744.12−0.029%$7.7M$16.4M30xas long as short
Arcus QQQ-USD+0.0040%1h743.58−0.101%$698K$1.6M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h745.22+0.119%$337K50xas long as short
Lighter RH QQQ+0.0048%1h744.52+0.025%$37.0M$79.9M50xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0059%1h744.00−0.045%$425K$150K20xas long as short
GRVT QQQ_USDT_Perp+0.0091%8h744.38+0.006%$316K$1.9M10xas long as short
Nado QQQ-PERP+0.0095%1h743.92−0.056%$1.5M$829K20xas long as short
KuCoin QQQUSDTM+0.0100%8h743.90−0.058%$3.4M$363K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h743.89−0.060%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h744.00−0.045%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h743.43−0.122%$93K$1K10xas long as short
Phoenix QQQ+0.0129%1h743.93−0.054%$38K$66K20xas long as short
edgeX QQQUSDC+0.0993%4h744.11−0.030%$761K$334K20xas long as short