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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: HTX against SunX−0.162%7-day average −0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$810.812% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.141%−$14 · spread now −0.162%, 7d avg −0.027%
Together, before fees−0.141%−$14 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: HTX is 0.135% cheaper against SunX than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of −0.027%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX QQQ-USDT740.960get 0.0000% / 8h7h 19m$2K$1.6M10x
ShortHTX QQQ-USDT739.760get 0.0000% / 8h7h 19m$250K$38K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
$0
Price spread: −0.162% → −0.027%
−$13.52
Slippage, 4 orders
−$61.23
Fee SunX: 4 bp × 2 orders
−$8
Fee HTX: 6 bp × 2 orders
−$12
Net
−$94.74
Costs to cover
0.812%
Break-even
never at this rate
Slippage from SunX: live order book, 6 min ago; HTX: live order book, 12 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 SunX live order book, 6 min ago21.62 bp25.6 bp −$2654.6 bp −$546doesn't fitdoesn't fit
Sell HTX live order book, 12 min ago2.70 bp8.7 bp −$915.5 bp −$155doesn'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
GMX QQQ/USD [ETH-USDC]L −0.0187% / S +0.0273%1h740.51−0.060%$25K26xas long as short
BloFin QQQ-USDT−0.0009%8h740.02−0.127%$1.1M$278K20xas long as short
Aster QQQUSDT0.0000%8h740.26−0.094%$855K$903K20xas long as short
Bybit QQQUSDT0.0000%8h740.94−0.003%$10.6M$5.0M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h740.43−0.072%$21.8M$30.0M50xas long as short
RISEx QQQ/USDC0.0000%1h740.23−0.099%$5.4M$5.7M25xas long as short
Gate QQQ_USDT0.0000%8h740.15−0.109%$3.3M$20.8M50xas long as short
Bitget QQQUSDT0.0000%8h740.95−0.001%$16.5M$5.2M20xas long as short
SunX QQQ-USDTlong0.0000%8h740.96long leg$2K$1.6M10x
Deribit QQQ_USDC-PERPETUAL0.0000%1h740.17−0.107%$423K$128K20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX QQQ-USDTshort0.0000%8h739.76−0.162%$250K$38K30x
Phemex QQQUSDT0.0000%8h740.63−0.045%$364K$1.6M10xas long as short
Variational Omni QQQ+0.0003%8h740.38−0.079%$16.7M$7.2Mas long as short
Coinbase International QQQ-PERP-INTX+0.0024%1h739.81−0.155%$1.2M$499K20xas long as short
Lighter QQQ+0.0032%1h740.60−0.049%$7.6M$15.5M30xas long as short
Lighter RH QQQ+0.0032%1h740.90−0.008%$37.6M$80.4M50xas long as short
Binance QQQUSDT+0.0034%8h740.79−0.023%$70.3M$141.1M25xas long as short
Arcus QQQ-USD+0.0040%1h739.55−0.190%$647K$1.5M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h741.46+0.067%$337K50xas long as short
Ondo Perps QQQ-USD.P+0.0050%1h739.35−0.217%$4.2M$1.8M20xas long as short
KuCoin QQQUSDTM+0.0100%8h740.19−0.104%$3.4M$393K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h739.50−0.197%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h740.11−0.115%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h739.62−0.181%$92K$1K10xas long as short
GRVT QQQ_USDT_Perp+0.0137%8h740.00−0.129%$314K$2.0M10xas long as short
Nado QQQ-PERP+0.0150%1h740.09−0.117%$1.6M$748K20xas long as short
Phoenix QQQ+0.0248%1h739.00−0.265%$38K$65K20xas long as short
edgeX QQQUSDC+0.0541%4h739.75−0.163%$756K$335K20xas long as short