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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.040%
Price spread now: Gate against Bitget−0.109%7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$340.339% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.130%−$13 on $10k
Price spread, last 7 days+0.123%+$12 · spread now −0.109%, 7d avg −0.039%
Together, before fees−0.008%−$1 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: Gate is 0.070% cheaper against Bitget than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.039%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget QQQUSDT743.350get 0.0000% / 8h3h 21m$16.9M$5.5M20x
ShortGate QQQ_USDT742.540get 0.0000% / 8h3h 21m$3.3M$21.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Bitget. 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: −0.109% → −0.039%
−$6.97
Slippage, 4 orders
−$6.88
Fee Bitget: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$40.85
Costs to cover
0.339%
Break-even
never at this rate
Slippage from Bitget: live order book, 2 min ago; Gate: 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 Bitget live order book, 2 min ago0.07 bp6.6 bp −$78.8 bp −$8812.8 bp −$1,285doesn't fit
Sell Gate live order book, 2 min ago0.88 bp9.3 bp −$914.4 bp −$144doesn't fitdoesn't fit

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 −0.0137% / S +0.0234%1h743.13−0.030%$25K26xas long as short
Ondo Perps QQQ-USD.P−0.0037%1h741.81−0.207%$4.2M$1.8M20xas long as short
Aster QQQUSDT0.0000%8h743.13−0.030%$840K$857K20xas long as short
Binance QQQUSDT0.0000%8h743.26−0.012%$70.5M$142.2M25xas long as short
Bybit QQQUSDT0.0000%8h743.20−0.020%$10.7M$5.0M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h743.03−0.043%$21.5M$27.2M50xas long as short
Gate QQQ_USDTshort0.0000%8h742.54−0.109%$3.3M$21.2M50x
Bitget QQQUSDTlong0.0000%8h743.35long leg$16.9M$5.5M20x
Variational Omni QQQ0.0000%8h743.08−0.037%$17.1M$7.3Mas long as short
SunX QQQ-USDT0.0000%8h743.48+0.017%$2K$1.9M10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International QQQ-PERP-INTX0.0000%1h742.64−0.096%$1.2M$537K20xas long as short
HTX QQQ-USDT0.0000%8h743.17−0.024%$257K$29K30xas long as short
Phemex QQQUSDT0.0000%8h743.29−0.008%$363K$1.6M10xas long as short
RISEx QQQ/USDC+0.0010%1h743.30−0.006%$5.4M$7.3M25xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0019%1h742.86−0.066%$424K$151K20xas long as short
BloFin QQQ-USDT+0.0028%8h743.11−0.032%$1.1M$256K20xas long as short
Lighter QQQ+0.0032%1h743.07−0.038%$7.7M$15.8M30xas long as short
Lighter RH QQQ+0.0032%1h743.46+0.015%$37.0M$79.3M50xas long as short
Arcus QQQ-USD+0.0040%1h742.29−0.143%$704K$1.6M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h744.15+0.108%$337K50xas long as short
GRVT QQQ_USDT_Perp+0.0067%8h743.31−0.006%$321K$1.9M10xas long as short
Nado QQQ-PERP+0.0078%1h742.86−0.065%$1.5M$746K20xas long as short
KuCoin QQQUSDTM+0.0100%8h742.94−0.055%$3.4M$340K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h742.74−0.082%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h742.85−0.067%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h742.21−0.153%$92K$1K10xas long as short
Phoenix QQQ+0.0118%1h742.68−0.090%$38K$66K20xas long as short
edgeX QQQUSDC+0.0448%4h742.90−0.060%$760K$335K20xas long as short