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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0042%/8h= +4.6% APRpaid last 24h +0.012%
Price spread now: Binance against Vest−0.129%7-day average −0.119% · 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)−0.113%−$11 on $10k
Price spread, last 2 days (all we have)−0.081%−$8 · spread now −0.129%, 7d avg −0.119%
Together, before fees−0.194%+ Points / potential airdropVest: Active · farm board−$19 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.119%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair cost −0.113%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest QQQ-USD-PERP745.030.0046pay 0.0006% / 1h37m 38s$337K50x
ShortBinance QQQUSDT744.070.0087get 0.0087% / 8h6h 37m$71.1M$147.6M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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
$8.76
Price spread: −0.129% → −0.119%
−$1.03
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Binance: 5 bp × 2 orders
−$10
Net
−$4.27
Costs to cover
0.120%
Break-even
10.4 days
Slippage unknown: Vest: no order-book sample; Binance: live order book, 5 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 Binance live order book, 5 min ago0.07 bp5.1 bp −$55.7 bp −$5710.4 bp −$1,04327.2 bp −$13.6K
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
Ondo Perps QQQ-USD.P−0.0168%1h743.00−0.272%$4.2M$1.9M20xas long as short
GMX QQQ/USD [ETH-USDC]L −0.0096% / S +0.0202%1h744.12−0.123%$25K26xas long as short
Bybit QQQUSDT0.0000%8h744.03−0.134%$10.7M$5.0M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h743.87−0.156%$21.5M$25.5M50xas long as short
Gate QQQ_USDT0.0000%8h743.81−0.164%$3.2M$21.5M50xas long as short
SunX QQQ-USDT0.0000%8h744.57−0.062%$2K$2.1M10xas long as short
HTX QQQ-USDT0.0000%8h744.32−0.095%$257K$29K30xas long as short
Phemex QQQUSDT0.0000%8h744.38−0.087%$359K$1.4M10xas long as short
Aster QQQUSDT+0.0011%8h744.17−0.115%$841K$712K20xas long as short
BloFin QQQ-USDT+0.0026%8h744.31−0.097%$1.1M$319K20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter QQQ+0.0032%1h743.91−0.150%$7.7M$17.7M30xas long as short
Lighter RH QQQ+0.0032%1h744.34−0.093%$37.4M$79.6M50xas long as short
Arcus QQQ-USD+0.0040%1h743.17−0.250%$703K$1.6M25xas long as short
Vest QQQ-USD-PERPlong+0.0046%1h745.03long leg$337K50x
Coinbase International QQQ-PERP-INTX+0.0048%1h744.05−0.132%$1.2M$538K20xas long as short
Variational Omni QQQ+0.0065%8h744.04−0.133%$17.1M$7.6Mas long as short
Bitget QQQUSDT+0.0074%8h744.13−0.121%$16.9M$5.9M20xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0086%1h743.91−0.150%$425K$148K20xas long as short
Binance QQQUSDTshort+0.0087%8h744.07−0.129%$71.1M$147.6M25x
KuCoin QQQUSDTM+0.0100%8h743.89−0.153%$3.4M$406K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h743.71−0.177%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h743.87−0.156%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h743.34−0.226%$93K$1K10xas long as short
Nado QQQ-PERP+0.0121%1h743.76−0.171%$1.5M$1.0M20xas long as short
RISEx QQQ/USDC+0.0168%1h744.17−0.116%$5.4M$8.2M25xas long as short
Phoenix QQQ+0.0183%1h743.78−0.168%$38K$66K20xas long as short
GRVT QQQ_USDT_Perp+0.0230%8h744.26−0.103%$318K$1.8M10xas long as short
edgeX QQQUSDC+0.0751%4h743.92−0.149%$761K$334K20xas long as short