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

TQQQ

RWAall TQQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0027%/8h= +3.0% APRnext payment +$0.27 per $10,000 · paid last 24h +0.029%
Price spread now: Bybit against BloFin+0.038%7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$400.401% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.015%+$1 on $10k
Price spread, last 4 days (all we have)−0.355%−$35 · spread now +0.038%, 7d avg +0.023%
Together, before fees−0.340%−$34 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.023%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin TQQQ-USDT78.450−0.0027get 0.0027% / 8h7h 20m$152K$34K20x
ShortBybit TQQQUSDT78.4800get 0.0000% / 8h7h 20m$2.4M$6.9M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against BloFin. 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
$5.66
Price spread: +0.038% → +0.023%
$1.57
Slippage, 4 orders
−$17.09
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$32.86
Costs to cover
0.401%
Break-even
47.6 days
Slippage from BloFin: live order book, 44 min ago; Bybit: live order book, 2 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 BloFin live order book, 44 min ago1.90 bp7.9 bp −$810.8 bp −$10841.6 bp −$4,160doesn't fit
Sell Bybit live order book, 2 min ago1.27 bp12.1 bp −$1270.5 bp −$705doesn'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
KuCoin TQQQUSDTM−0.0044%8h78.340−0.140%$179K$492K10xas long as short
BloFin TQQQ-USDTlong−0.0027%8h78.450long leg$152K$34K20x
Aster TQQQUSDT0.0000%8h78.273−0.225%$69K$146K20xas long as short
Binance TQQQUSDT0.0000%8h78.444−0.007%$17.3M$50.7M20xas long as short
Bybit TQQQUSDTshort0.0000%8h78.480+0.038%$2.4M$6.9M25x
OKX TQQQ-USDT-SWAP0.0000%8h78.4500.000%$2.2M$6.1M10xas long as short
MEXC TQQQ_USDT0.0000%8h78.390−0.076%$1.8M$281K20xas long as short
Bitget TQQQUSDT0.0000%8h78.470+0.025%$7.3M$3.0M20xas long as short
GRVT TQQQ_USDT_Perp0.0000%8h78.282−0.214%$2K$109K10xas long as short
HTX TQQQ-USDT0.0000%8h78.320−0.166%$14K$16K50xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_TQQQ_USDC_mythos+0.0100%8h78.340−0.140%$510xas long as short