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−0.0026%/8h= −2.8% APRnext payment $0.26 per $10,000 · paid last 24h −0.027%
Price spread now: HTX against BloFin+0.069%7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$300.296% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.132%+$13 on $10k
Price spread, last 4 days (all we have)−0.191%−$19 · spread now +0.069%, 7d avg +0.031%
Together, before fees−0.059%−$6 on $10k · with fees, hour by hour
The price spread pays, funding is against you. HTX is 0.037% dearer against BloFin than usual: you sell high and buy low (spread +0.069% now, against its 7-day average of +0.031%): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.8 days. Mind the row above: over the last 7 days funding on this pair paid +0.132%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin QQQ-USDT744.300.0026pay 0.0026% / 8h4h 34m$1.1M$271K20x
ShortHTX QQQ-USDT744.810get 0.0000% / 8h4h 34m$257K$29K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against BloFin. 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
−$5.39
Price spread: +0.069% → +0.031%
$3.72
Slippage, 4 orders
−$5.58
Fee BloFin: 6 bp × 2 orders
−$12
Fee HTX: 6 bp × 2 orders
−$12
Net
−$31.25
Costs to cover
0.296%
Break-even
never at this rate
Slippage from BloFin: live order book, 3 min ago; HTX: live order book, 22 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 BloFin live order book, 3 min ago0.07 bp6.1 bp −$66.7 bp −$679.4 bp −$938doesn't fit
Sell HTX live order book, 22 min ago2.68 bp8.7 bp −$919.4 bp −$194doesn'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
Ondo Perps QQQ-USD.P−0.0145%1h743.21−0.146%$4.2M$1.8M20xas long as short
GMX QQQ/USD [ETH-USDC]L −0.0122% / S +0.0222%1h744.47+0.022%$25K26xas long as short
Aster QQQUSDT0.0000%8h744.42+0.016%$841K$714K20xas long as short
Bybit QQQUSDT0.0000%8h744.35+0.007%$10.7M$5.0M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h744.29−0.001%$21.5M$26.9M50xas long as short
RISEx QQQ/USDC0.0000%1h744.52+0.029%$5.4M$7.5M25xas long as short
Gate QQQ_USDT0.0000%8h743.84−0.062%$3.3M$20.8M50xas long as short
Bitget QQQUSDT0.0000%8h744.61+0.042%$16.9M$5.7M20xas long as short
SunX QQQ-USDT0.0000%8h744.96+0.089%$2K$1.9M10xas long as short
HTX QQQ-USDTshort0.0000%8h744.81+0.069%$257K$29K30x
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex QQQUSDT0.0000%8h744.89+0.079%$362K$1.5M10xas long as short
Variational Omni QQQ+0.0002%8h744.38+0.011%$17.1M$7.5Mas long as short
Coinbase International QQQ-PERP-INTX+0.0008%1h743.96−0.046%$1.2M$536K20xas long as short
BloFin QQQ-USDTlong+0.0026%8h744.30long leg$1.1M$271K20x
Lighter QQQ+0.0032%1h744.26−0.005%$7.7M$16.3M30xas long as short
Binance QQQUSDT+0.0040%8h744.38+0.011%$71.1M$141.8M25xas long as short
Arcus QQQ-USD+0.0040%1h743.76−0.073%$700K$1.6M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h745.44+0.153%$337K50xas long as short
Lighter RH QQQ+0.0048%1h744.72+0.056%$36.9M$78.9M50xas long as short
Nado QQQ-PERP+0.0096%1h744.14−0.022%$1.5M$876K20xas long as short
KuCoin QQQUSDTM+0.0100%8h744.11−0.026%$3.4M$388K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h744.11−0.026%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h744.19−0.015%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h743.67−0.085%$93K$1K10xas long as short
GRVT QQQ_USDT_Perp+0.0110%8h744.62+0.043%$319K$1.9M10xas long as short
Phoenix QQQ+0.0129%1h744.01−0.039%$38K$66K20xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0274%1h744.41+0.015%$425K$149K20xas long as short
edgeX QQQUSDC+0.0680%4h744.36+0.008%$761K$334K20xas long as short