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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.034%
Price spread now: RISEx against Variational Omni−0.012%49s7-day average +0.019% · 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 4 days (all we have)+0.166%+$17 on $10k
Price spread, last 7 days−0.011%−$1 · spread now −0.012%, 7d avg +0.019%
Together, before fees+0.155%+ Points / potential airdropVariational Omni: Active · farm board+$15 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: RISEx is 0.031% cheaper against Variational Omni than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.019%. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni QQQ743.180get 0.0000% / 8h2h 09m$16.9M$7.3M
ShortRISEx QQQ/USDC743.090get 0.0000% / 1h9m 41s$5.4M$6.7M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx against Variational Omni. 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: −0.012% → +0.019%
−$3.1
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee RISEx: 3 bp × 2 orders
−$6
Net
−$9.1
Costs to cover
0.060%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; RISEx: live order book, 4 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 Variational Omni RFQ quote, 4 min ago1.90 bpdoesn't fit3.0 bp −$30doesn't fitdoesn't fit
Sell RISEx live order book, 4 min ago0.14 bp3.7 bp −$44.7 bp −$47doesn'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 −0.0152% / S +0.0245%1h743.38+0.027%$25K26xas long as short
BloFin QQQ-USDT−0.0020%8h742.85−0.045%$1.1M$277K20xas long as short
Aster QQQUSDT0.0000%8h743.02−0.022%$824K$857K20xas long as short
Binance QQQUSDT0.0000%8h743.47+0.038%$70.0M$145.0M25xas long as short
Bybit QQQUSDT0.0000%8h743.55+0.049%$10.6M$5.2M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h743.20+0.002%$21.5M$28.3M50xas long as short
RISEx QQQ/USDCshort0.0000%1h743.09−0.012%$5.4M$6.7M25x
Gate QQQ_USDT0.0000%8h742.65−0.072%$3.3M$21.4M50xas long as short
Bitget QQQUSDT0.0000%8h743.54+0.048%$16.6M$5.6M20xas long as short
Variational Omni QQQlong0.0000%8h743.18long leg$16.9M$7.3M
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX QQQ-USDT0.0000%8h743.92+0.099%$2K$1.8M10xas long as short
Coinbase International QQQ-PERP-INTX0.0000%1h742.77−0.056%$1.2M$541K20xas long as short
HTX QQQ-USDT0.0000%8h743.33+0.020%$251K$41K30xas long as short
Phemex QQQUSDT0.0000%8h743.50+0.042%$361K$1.6M10xas long as short
Ondo Perps QQQ-USD.P+0.0001%1h742.06−0.151%$4.2M$1.8M20xas long as short
Lighter QQQ+0.0032%1h743.29+0.014%$7.6M$15.7M30xas long as short
Lighter RH QQQ+0.0032%1h743.63+0.060%$37.0M$80.9M50xas long as short
Arcus QQQ-USD+0.0040%1h742.04−0.154%$688K$1.6M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h744.08+0.120%$337K50xas long as short
GRVT QQQ_USDT_Perp+0.0090%8h742.89−0.040%$315K$2.0M10xas long as short
KuCoin QQQUSDTM+0.0100%8h743.04−0.020%$3.4M$363K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h742.56−0.084%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h743.01−0.024%$12K$21K20xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0100%1h742.97−0.029%$424K$152K20xas long as short
Aevo QQQ-PERP+0.0104%1h742.46−0.098%$92K$1K10xas long as short
Nado QQQ-PERP+0.0122%1h742.76−0.057%$1.5M$748K20xas long as short
Phoenix QQQ+0.0129%1h742.54−0.087%$38K$66K20xas long as short
edgeX QQQUSDC+0.0907%4h742.99−0.026%$760K$333K20xas long as short