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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.025%
Price spread now: Orderly against Aster−0.034%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 fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Funding pays, the price is against you. Orderly is 0.034% cheaper against Aster than usual: you would sell low and buy high (spread −0.034% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 27 hours of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster QQQUSDT744.010get 0.0000% / 8h5h 28m$841K$713K20x
ShortOrderly PERP_QQQ_USDC_mythos743.760.0100get 0.0100% / 8h5h 28m$12K$21K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
$21
Price spread: −0.034% → 0.000%
−$3.38
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Orderly: 3 bp × 2 orders
−$6
Net
$3.62
Costs to cover
0.140%
Break-even
5.8 days
Slippage unknown: Aster: live order book, 34 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 Aster live order book, 34 min ago0.81 bp5.3 bp −$56.5 bp −$6539.9 bp −$3,990doesn'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 −0.0111% / S +0.0213%1h744.00−0.001%$25K26xas long as short
Ondo Perps QQQ-USD.P−0.0047%1h742.94−0.144%$4.2M$1.8M20xas long as short
Aster QQQUSDTlong0.0000%8h744.01long leg$841K$713K20x
Bybit QQQUSDT0.0000%8h744.12+0.015%$10.7M$5.0M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h743.94−0.010%$21.7M$26.3M50xas long as short
RISEx QQQ/USDC0.0000%1h744.07+0.008%$5.4M$7.5M25xas long as short
Gate QQQ_USDT0.0000%8h743.64−0.050%$3.3M$21.1M50xas long as short
Bitget QQQUSDT0.0000%8h744.38+0.050%$16.9M$5.7M20xas long as short
SunX QQQ-USDT0.0000%8h744.44+0.058%$2K$2.0M10xas long as short
Deribit QQQ_USDC-PERPETUAL0.0000%1h743.67−0.046%$425K$149K20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX QQQ-USDT0.0000%8h744.48+0.063%$257K$29K30xas long as short
Phemex QQQUSDT0.0000%8h744.44+0.058%$362K$1.5M10xas long as short
BloFin QQQ-USDT+0.0020%8h744.28+0.036%$1.1M$303K20xas long as short
Lighter QQQ+0.0032%1h743.77−0.032%$7.7M$17.1M30xas long as short
Lighter RH QQQ+0.0032%1h744.19+0.024%$37.3M$79.4M50xas long as short
Coinbase International QQQ-PERP-INTX+0.0032%1h743.51−0.067%$1.2M$534K20xas long as short
Variational Omni QQQ+0.0035%8h744.15+0.019%$17.1M$7.5Mas long as short
Arcus QQQ-USD+0.0040%1h743.19−0.110%$694K$1.6M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h745.03+0.137%$337K50xas long as short
Binance QQQUSDT+0.0064%8h744.010.000%$71.2M$143.4M25xas long as short
Nado QQQ-PERP+0.0088%1h743.63−0.051%$1.5M$923K20xas long as short
KuCoin QQQUSDTM+0.0100%8h743.74−0.036%$3.4M$407K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h743.97−0.006%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythosshort+0.0100%8h743.76−0.034%$12K$21K20x
Aevo QQQ-PERP+0.0104%1h743.22−0.107%$92K$1K10xas long as short
GRVT QQQ_USDT_Perp+0.0144%8h744.41+0.054%$319K$1.9M10xas long as short
Phoenix QQQ+0.0161%1h743.78−0.031%$38K$66K20xas long as short
edgeX QQQUSDC+0.0872%4h744.12+0.015%$761K$335K20xas long as short