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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Orderly against ApeX Omni−0.027%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 between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.027% cheaper against ApeX Omni than usual: you would sell low and buy high, −$3 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni QQQUSDT743.280.0100pay 0.0013% / 1h41m 04s$20K$2.2M50x
ShortOrderly PERP_QQQ_USDC_mythos743.080.0100get 0.0100% / 8h3h 41m$12K$21K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against ApeX Omni. 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: −0.027% → 0.000%
−$2.69
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$18.69
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: ApeX Omni: live order book, 3 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 ApeX Omni live order book, 3 min ago3.77 bp9.7 bp −$1025.1 bp −$251doesn'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.

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 −0.0133% / S +0.0231%1h743.36+0.010%$25K26xas long as short
Ondo Perps QQQ-USD.P−0.0041%1h742.40−0.118%$4.2M$1.8M20xas long as short
Aster QQQUSDT0.0000%8h743.28−0.001%$840K$714K20xas long as short
Bybit QQQUSDT0.0000%8h743.24−0.005%$10.7M$5.0M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h743.12−0.022%$21.4M$26.9M50xas long as short
Gate QQQ_USDT0.0000%8h742.88−0.054%$3.3M$20.9M50xas long as short
Bitget QQQUSDT0.0000%8h743.70+0.057%$16.9M$5.5M20xas long as short
Variational Omni QQQ0.0000%8h743.22−0.007%$17.1M$7.3Mas long as short
SunX QQQ-USDT0.0000%8h743.81+0.071%$2K$1.9M10xas long as short
Coinbase International QQQ-PERP-INTX0.0000%1h742.64−0.086%$1.2M$536K20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX QQQ-USDT0.0000%8h743.57+0.039%$257K$29K30xas long as short
Phemex QQQUSDT0.0000%8h743.67+0.052%$360K$1.6M10xas long as short
Binance QQQUSDT+0.0007%8h743.31+0.004%$70.8M$141.2M25xas long as short
RISEx QQQ/USDC+0.0010%1h743.38+0.014%$5.4M$7.3M25xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0019%1h743.08−0.027%$424K$150K20xas long as short
BloFin QQQ-USDT+0.0021%8h743.25−0.004%$1.1M$256K20xas long as short
Lighter QQQ+0.0032%1h743.20−0.011%$7.7M$15.8M30xas long as short
Lighter RH QQQ+0.0032%1h743.61+0.044%$37.0M$78.6M50xas long as short
Arcus QQQ-USD+0.0040%1h742.85−0.058%$702K$1.6M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h744.39+0.149%$337K50xas long as short
GRVT QQQ_USDT_Perp+0.0076%8h743.87+0.079%$326K$1.9M10xas long as short
Nado QQQ-PERP+0.0089%1h743.280.000%$1.5M$773K20xas long as short
KuCoin QQQUSDTM+0.0100%8h743.10−0.024%$3.4M$340K20xas long as short
ApeX Omni QQQUSDTlong+0.0100%1h743.28long leg$20K$2.2M50x
Orderly PERP_QQQ_USDC_mythosshort+0.0100%8h743.08−0.027%$12K$21K20x
Aevo QQQ-PERP+0.0104%1h742.54−0.100%$92K$1K10xas long as short
Phoenix QQQ+0.0118%1h743.10−0.024%$38K$66K20xas long as short
edgeX QQQUSDC+0.0798%4h743.49+0.028%$760K$333K20xas long as short