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 −0.036%
Price spread now: Variational Omni against RISEx−0.033%7-day average −0.018% · 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 3 days (all we have)−0.166%−$17 on $10k
Price spread, last 7 days+0.041%+$4 · spread now −0.033%, 7d avg −0.018%
Together, before fees−0.125%+ Points / potential airdropVariational Omni: Active · farm board−$12 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx QQQ/USDC744.350get 0.0000% / 1h11m 06s$5.4M$7.4M25x
ShortVariational Omni QQQ744.110get 0.0000% / 8h4h 11m$17.1M$7.4M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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: −0.033% → −0.018%
−$1.45
Slippage, 4 orders
no order book: not counted
Fee RISEx: 3 bp × 2 orders
−$6
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$7.45
Costs to cover
0.060%
Break-even
never at this rate
Slippage unknown: RISEx: live order book, 3 min ago; Variational Omni: RFQ quote, 3 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 RISEx live order book, 3 min ago1.01 bp4.0 bp −$44.4 bp −$44doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 3 min ago1.89 bpdoesn't fit2.4 bp −$24doesn'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−0.0135%1h743.24−0.149%$4.2M$1.8M20xas long as short
GMX QQQ/USD [ETH-USDC]L −0.0127% / S +0.0226%1h744.25−0.014%$25K26xas long as short
BloFin QQQ-USDT0.0000%8h744.14−0.029%$1.1M$261K20xas long as short
Aster QQQUSDT0.0000%8h744.22−0.018%$841K$714K20xas long as short
Bybit QQQUSDT0.0000%8h744.28−0.010%$10.7M$5.0M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h744.08−0.037%$21.5M$26.9M50xas long as short
RISEx QQQ/USDClong0.0000%1h744.35long leg$5.4M$7.4M25x
Gate QQQ_USDT0.0000%8h743.73−0.084%$3.3M$20.8M50xas long as short
Bitget QQQUSDT0.0000%8h744.36+0.001%$16.9M$5.7M20xas long as short
Variational Omni QQQshort0.0000%8h744.11−0.033%$17.1M$7.4M
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX QQQ-USDT0.0000%8h744.70+0.047%$2K$1.9M10xas long as short
HTX QQQ-USDT0.0000%8h744.65+0.040%$257K$29K30xas long as short
Phemex QQQUSDT0.0000%8h744.85+0.067%$362K$1.5M10xas long as short
Coinbase International QQQ-PERP-INTX+0.0008%1h743.80−0.074%$1.2M$536K20xas long as short
Binance QQQUSDT+0.0025%8h744.25−0.013%$71.0M$141.6M25xas long as short
Lighter QQQ+0.0032%1h744.12−0.031%$7.7M$16.4M30xas long as short
Arcus QQQ-USD+0.0040%1h743.62−0.098%$698K$1.6M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h745.20+0.114%$337K50xas long as short
Lighter RH QQQ+0.0048%1h744.51+0.021%$37.0M$79.8M50xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0086%1h744.00−0.047%$425K$150K20xas long as short
GRVT QQQ_USDT_Perp+0.0092%8h744.39+0.005%$324K$1.9M10xas long as short
Nado QQQ-PERP+0.0094%1h743.89−0.062%$1.5M$839K20xas long as short
KuCoin QQQUSDTM+0.0100%8h743.94−0.055%$3.4M$362K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h743.90−0.061%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h743.99−0.049%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h743.42−0.126%$93K$1K10xas long as short
Phoenix QQQ+0.0129%1h743.93−0.057%$38K$66K20xas long as short
edgeX QQQUSDC+0.0627%4h744.18−0.023%$761K$336K20xas long as short