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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0054%/8h= +5.9% APRnext payment +$0.07 per $10,000 · paid last 24h +0.016%
Price spread now: ApeX Omni against Vest−0.166%62s7-day average −0.164% · 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)+0.056%+$6 on $10k
Price spread, last 4 days (all we have)+0.114%+$11 · spread now −0.166%, 7d avg −0.164%
Together, before fees+0.171%+ Points / potential airdropVest: Active · farm board+$17 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.164%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. The two prices were read 62 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest QQQ-USD-PERP742.620.0046pay 0.0006% / 1h38m 18s$337K50x
ShortApeX Omni QQQUSDT741.390.0100get 0.0013% / 1h38m 18s$20K$2.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Vest. 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
$11.41
Price spread: −0.166% → −0.164%
−$0.16
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$0.75
Costs to cover
0.120%
Break-even
7.5 days
Slippage unknown: Vest: no order-book sample; ApeX Omni: live order book, 1 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 Vest no order-book sample
Sell ApeX Omni live order book, 1 min ago3.91 bp10.8 bp −$1137.2 bp −$372doesn't fitdoesn't fit
Vest: 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 −0.0158% / S +0.0250%1h741.91−0.095%$25K26xas long as short
Ondo Perps QQQ-USD.P−0.0028%1h740.80−0.245%$4.2M$1.8M20xas long as short
BloFin QQQ-USDT−0.0027%8h741.65−0.131%$1.1M$278K20xas long as short
Gate QQQ_USDT−0.0005%8h741.09−0.206%$3.3M$21.5M50xas long as short
Aster QQQUSDT0.0000%8h741.71−0.123%$823K$858K20xas long as short
Bybit QQQUSDT0.0000%8h741.73−0.120%$10.5M$5.2M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h741.67−0.128%$21.4M$28.4M50xas long as short
RISEx QQQ/USDC0.0000%1h741.63−0.134%$5.5M$6.3M25xas long as short
Bitget QQQUSDT0.0000%8h741.86−0.102%$16.6M$5.6M20xas long as short
Variational Omni QQQ0.0000%8h741.78−0.114%$16.9M$7.3Mas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX QQQ-USDT0.0000%8h742.30−0.043%$2K$1.8M10xas long as short
Deribit QQQ_USDC-PERPETUAL0.0000%1h741.30−0.178%$423K$154K20xas long as short
HTX QQQ-USDT0.0000%8h741.96−0.089%$250K$41K30xas long as short
Phemex QQQUSDT0.0000%8h741.96−0.089%$362K$1.6M10xas long as short
Binance QQQUSDT+0.0002%8h741.77−0.115%$70.1M$144.6M25xas long as short
Coinbase International QQQ-PERP-INTX+0.0016%1h741.27−0.182%$1.2M$547K20xas long as short
Lighter QQQ+0.0032%1h741.47−0.155%$7.6M$15.4M30xas long as short
Lighter RH QQQ+0.0040%1h741.86−0.102%$36.9M$80.1M50xas long as short
Arcus QQQ-USD+0.0040%1h740.96−0.224%$686K$1.6M25xas long as short
Vest QQQ-USD-PERPlong+0.0046%1h742.62long leg$337K50x
KuCoin QQQUSDTM+0.0100%8h741.36−0.170%$3.4M$352K20xas long as short
ApeX Omni QQQUSDTshort+0.0100%1h741.39−0.166%$20K$2.2M50x
Orderly PERP_QQQ_USDC_mythos+0.0100%8h741.39−0.166%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h740.97−0.222%$92K$1K10xas long as short
GRVT QQQ_USDT_Perp+0.0112%8h742.02−0.081%$318K$2.0M10xas long as short
Nado QQQ-PERP+0.0145%1h741.45−0.157%$1.5M$763K20xas long as short
Phoenix QQQ+0.0205%1h741.56−0.143%$38K$66K20xas long as short
edgeX QQQUSDC+0.0920%4h741.78−0.113%$758K$334K20xas long as short