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

TQQQ

RWAall TQQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.022%
Price spread now: OKX against Binance0.000%7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$300.299% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.074%+$7 on $10k
Price spread, last 7 days0.000%$0 · spread now 0.000%, 7d avg +0.022%
Together, before fees+0.074%+$7 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: OKX is 0.022% cheaper against Binance than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.022%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance TQQQUSDT79.2800get 0.0000% / 8h3h 39m$18.3M$48.2M20x
ShortOKX TQQQ-USDT-SWAP79.2800get 0.0000% / 8h3h 39m$2.4M$5.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Binance. 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: 0.000% → +0.022%
−$2.2
Slippage, 4 orders
−$9.9
Fee Binance: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$32.1
Costs to cover
0.299%
Break-even
never at this rate
Slippage from Binance: live order book, 3 min ago; OKX: live order book, 4 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 Binance live order book, 3 min ago0.63 bp6.5 bp −$611.5 bp −$11560.2 bp −$6,020doesn't fit
Sell OKX live order book, 4 min ago0.63 bp8.3 bp −$833.8 bp −$338doesn't fitdoesn't fit

TQQQ on 11 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
Aster TQQQUSDT0.0000%8h79.341+0.077%$70K$145K20xas long as short
Binance TQQQUSDTlong0.0000%8h79.280long leg$18.3M$48.2M20x
Bybit TQQQUSDT0.0000%8h79.310+0.038%$2.5M$7.0M25xas long as short
OKX TQQQ-USDT-SWAPshort0.0000%8h79.2800.000%$2.4M$5.4M10x
MEXC TQQQ_USDT0.0000%8h79.310+0.038%$1.5M$225K20xas long as short
Bitget TQQQUSDT0.0000%8h79.320+0.050%$7.6M$2.9M20xas long as short
GRVT TQQQ_USDT_Perp0.0000%8h79.343+0.079%$1K$100K10xas long as short
HTX TQQQ-USDT0.0000%8h79.440+0.202%$14K$10K10xas long as short
KuCoin TQQQUSDTM+0.0010%8h79.320+0.050%$180K$636K10xas long as short
BloFin TQQQ-USDT+0.0029%8h79.330+0.063%$162K$30K20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_TQQQ_USDC_mythos+0.0100%8h79.2800.000%$510xas long as short