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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.002%
Price spread now: HTX against Aster−0.024%53s7-day average +0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$270.265% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.041%−$4 on $10k
Price spread, last 4 days (all we have)−0.016%−$2 · spread now −0.024%, 7d avg +0.032%
Together, before fees−0.057%+ Points / potential airdropAster: Stage 5 · farm board−$6 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: HTX is 0.057% cheaper against Aster than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.032%. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster QQQUSDT742.010get 0.0000% / 8h6h 15m$857K$902K20x
ShortHTX QQQ-USDT741.830get 0.0000% / 8h6h 15m$251K$38K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Aster. 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: −0.024% → +0.032%
−$5.65
Slippage, 4 orders
−$6.54
Fee Aster: 4 bp × 2 orders
−$8
Fee HTX: 6 bp × 2 orders
−$12
Net
−$32.19
Costs to cover
0.265%
Break-even
never at this rate
Slippage from Aster: live order book, 35 min ago; HTX: live order book, 34 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 Aster live order book, 35 min ago0.34 bp5.1 bp −$56.2 bp −$6233.2 bp −$3,323doesn't fit
Sell HTX live order book, 34 min ago2.56 bp8.6 bp −$915.4 bp −$154doesn't fitdoesn't fit

QQQ on 28 exchanges

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 −0.0200% / S +0.0283%1h742.03+0.003%$25K26xas long as short
Ondo Perps QQQ-USD.P−0.0109%1h740.49−0.205%$4.2M$1.8M20xas long as short
Aster QQQUSDTlong0.0000%8h742.01long leg$857K$902K20x
OKX QQQ-USDT-SWAP0.0000%8h741.80−0.028%$21.7M$29.7M50xas long as short
RISEx QQQ/USDC0.0000%1h741.80−0.028%$5.4M$5.8M25xas long as short
Gate QQQ_USDT0.0000%8h741.55−0.062%$3.5M$20.3M50xas long as short
Bitget QQQUSDT0.0000%8h741.84−0.023%$16.7M$5.4M20xas long as short
SunX QQQ-USDT0.0000%8h742.26+0.034%$2K$1.5M10xas long as short
HTX QQQ-USDTshort0.0000%8h741.83−0.024%$251K$38K30x
Phemex QQQUSDT0.0000%8h742.29+0.038%$362K$1.6M10xas long as short
Show all 28 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin QQQ-USDT+0.0017%8h741.53−0.065%$1.1M$227K20xas long as short
Variational Omni QQQ+0.0028%8h741.87−0.019%$16.8M$7.2Mas long as short
Lighter QQQ+0.0032%1h741.70−0.042%$7.5M$15.0M30xas long as short
Lighter RH QQQ+0.0032%1h742.18+0.023%$38.4M$78.2M50xas long as short
Coinbase International QQQ-PERP-INTX+0.0032%1h741.31−0.094%$1.2M$528K20xas long as short
Arcus QQQ-USD+0.0040%1h741.18−0.112%$650K$1.4M25xas long as short
Bybit QQQUSDT+0.0044%8h742.14+0.018%$10.6M$4.9M50xas long as short
Vest QQQ-USD-PERP+0.0046%1h742.97+0.129%$337K50xas long as short
Binance QQQUSDT+0.0054%8h742.08+0.009%$71.1M$141.2M25xas long as short
KuCoin QQQUSDTM+0.0100%8h741.58−0.058%$3.4M$447K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h741.32−0.093%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h741.69−0.043%$12K$21K20xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0101%1h741.69−0.043%$424K$125K20xas long as short
Aevo QQQ-PERP+0.0104%1h741.22−0.106%$92K$1K10xas long as short
Nado QQQ-PERP+0.0116%1h741.63−0.051%$1.6M$795K20xas long as short
GRVT QQQ_USDT_Perp+0.0194%8h741.91−0.013%$321K$2.0M10xas long as short
Phoenix QQQ+0.0280%1h741.34−0.090%$38K$59K20xas long as short
edgeX QQQUSDC+0.0298%4h741.68−0.045%$758K$337K20xas long as short