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

TQQQ

RWAall TQQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0061%/8h= +6.7% APRnext payment +$0.61 per $10,000 · paid last 24h +0.010%
Price spread now: Orderly against KuCoin−0.063%7-day average · 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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Orderly is 0.063% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.063% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 3.4 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin TQQQUSDTM79.5900.0039pay 0.0039% / 8h5h 23m$181K$729K10x
ShortOrderly PERP_TQQQ_USDC_mythos79.5400.0100get 0.0100% / 8h5h 23m$510x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against KuCoin. 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
$12.81
Price spread: −0.063% → 0.000%
−$6.28
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$11.47
Costs to cover
0.180%
Break-even
13.3 days
Slippage unknown: KuCoin: live order book, 26 min ago; Orderly: no order-book sample. 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 KuCoin live order book, 26 min ago13.84 bp538.5 bp −$539doesn't fitdoesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: 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.

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
BloFin TQQQ-USDT−0.0002%8h79.550−0.050%$164K$30K20xas long as short
Aster TQQQUSDT0.0000%8h79.548−0.053%$70K$145K20xas long as short
Binance TQQQUSDT0.0000%8h79.570−0.025%$18.3M$47.6M20xas long as short
Bybit TQQQUSDT0.0000%8h79.610+0.025%$3.0M$6.5M25xas long as short
OKX TQQQ-USDT-SWAP0.0000%8h79.550−0.050%$2.5M$5.3M10xas long as short
MEXC TQQQ_USDT0.0000%8h79.570−0.025%$1.6M$218K20xas long as short
Bitget TQQQUSDT0.0000%8h79.600+0.013%$7.6M$2.9M20xas long as short
GRVT TQQQ_USDT_Perp0.0000%8h79.560−0.038%$2K$100K10xas long as short
HTX TQQQ-USDT0.0000%8h79.610+0.025%$14K$10K10xas long as short
KuCoin TQQQUSDTMlong+0.0039%8h79.590long leg$181K$729K10x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_TQQQ_USDC_mythosshort+0.0100%8h79.540−0.063%$510x