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+0.0104%/8h= +11.4% APRpaid last 24h +0.031%
Price spread now: Aevo against SunX−0.145%57s7-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 7 days+0.175%+$18 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Aevo is 0.145% cheaper against SunX than usual: you would sell low and buy high (spread −0.145% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$15 on $10k: about 4.7 days of funding at the current rate (+$3 a day). The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX QQQ-USDT742.270get 0.0000% / 8h2m 20s$2K$1.7M10x
ShortAevo QQQ-PERP741.190.0104get 0.0013% / 1h2m 20s$92K$1K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against SunX. 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
$21.84
Price spread: −0.145% → 0.000%
−$14.54
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$16.7
Costs to cover
0.240%
Break-even
12.4 days
Slippage unknown: SunX: live order book, 3 min ago; 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 SunX live order book, 3 min ago21.62 bp25.6 bp −$26doesn't fitdoesn't fitdoesn't fit
Sell Aevo no order-book sample
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 −0.0178% / S +0.0266%1h741.97−0.041%$25K26xas long as short
Ondo Perps QQQ-USD.P−0.0103%1h740.83−0.194%$4.2M$1.8M20xas long as short
Gate QQQ_USDT−0.0096%8h741.32−0.128%$3.3M$21.7M50xas long as short
BloFin QQQ-USDT−0.0005%8h741.65−0.084%$1.1M$275K20xas long as short
Aster QQQUSDT0.0000%8h741.82−0.060%$824K$864K20xas long as short
Bybit QQQUSDT0.0000%8h741.90−0.050%$10.7M$5.0M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h741.66−0.082%$21.5M$28.3M50xas long as short
RISEx QQQ/USDC0.0000%1h741.69−0.078%$5.4M$5.9M25xas long as short
Bitget QQQUSDT0.0000%8h742.07−0.027%$16.5M$5.3M20xas long as short
Variational Omni QQQ0.0000%8h741.74−0.071%$16.8M$7.2Mas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX QQQ-USDTlong0.0000%8h742.27long leg$2K$1.7M10x
HTX QQQ-USDT0.0000%8h742.13−0.019%$251K$41K30xas long as short
Phemex QQQUSDT0.0000%8h742.16−0.015%$360K$1.6M10xas long as short
Coinbase International QQQ-PERP-INTX+0.0016%1h741.19−0.145%$1.2M$487K20xas long as short
Binance QQQUSDT+0.0027%8h741.93−0.045%$70.3M$140.5M25xas long as short
Lighter QQQ+0.0032%1h741.74−0.071%$7.7M$15.4M30xas long as short
Lighter RH QQQ+0.0032%1h742.11−0.022%$37.4M$81.7M50xas long as short
Arcus QQQ-USD+0.0040%1h740.97−0.175%$648K$1.7M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h742.85+0.078%$337K50xas long as short
KuCoin QQQUSDTM+0.0100%8h741.46−0.109%$3.4M$358K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h741.25−0.137%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h741.59−0.092%$12K$21K20xas long as short
Aevo QQQ-PERPshort+0.0104%1h741.19−0.145%$92K$1K10x
Nado QQQ-PERP+0.0138%1h741.51−0.103%$1.6M$745K20xas long as short
GRVT QQQ_USDT_Perp+0.0145%8h741.92−0.047%$314K$2.0M10xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0195%1h741.73−0.073%$424K$156K20xas long as short
Phoenix QQQ+0.0227%1h741.45−0.110%$38K$65K20xas long as short
edgeX QQQUSDC+0.0684%4h741.62−0.087%$758K$336K20xas long as short