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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0009%/8h= −0.9% APRpaid last 24h +0.029%
Price spread now: RISEx against BloFin+0.011%7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$190.190% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.241%+$24 on $10k
Price spread, last 4 days (all we have)−0.014%−$1 · spread now +0.011%, 7d avg +0.037%
Together, before fees+0.227%+$23 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: RISEx is 0.027% cheaper against BloFin than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.037%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin QQQ-USDT743.110.0019pay 0.0019% / 8h3h 36m$1.1M$256K20x
ShortRISEx QQQ/USDC743.190.0010get 0.0001% / 1h36m 52s$5.4M$7.3M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
−$1.82
Price spread: +0.011% → +0.037%
−$2.67
Slippage, 4 orders
−$0.98
Fee BloFin: 6 bp × 2 orders
−$12
Fee RISEx: 3 bp × 2 orders
−$6
Net
−$23.47
Costs to cover
0.190%
Break-even
never at this rate
Slippage from BloFin: live order book, just now; RISEx: 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 BloFin live order book, just now0.07 bp6.1 bp −$66.4 bp −$6410.5 bp −$1,055doesn't fit
Sell RISEx live order book, 2 min ago0.14 bp3.1 bp −$34.0 bp −$40doesn'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 −0.0134% / S +0.0231%1h743.20+0.011%$25K26xas long as short
Ondo Perps QQQ-USD.P−0.0043%1h742.40−0.096%$4.2M$1.8M20xas long as short
Aster QQQUSDT0.0000%8h743.15+0.006%$840K$714K20xas long as short
Bybit QQQUSDT0.0000%8h743.10−0.001%$10.7M$5.0M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h743.00−0.015%$21.4M$26.9M50xas long as short
Gate QQQ_USDT0.0000%8h742.77−0.046%$3.3M$20.9M50xas long as short
Bitget QQQUSDT0.0000%8h743.32+0.028%$16.9M$5.5M20xas long as short
Variational Omni QQQ0.0000%8h743.22+0.015%$17.1M$7.3Mas long as short
SunX QQQ-USDT0.0000%8h743.58+0.063%$1K$1.9M10xas long as short
Coinbase International QQQ-PERP-INTX0.0000%1h742.64−0.063%$1.2M$536K20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX QQQ-USDT0.0000%8h743.57+0.062%$257K$29K30xas long as short
Phemex QQQUSDT0.0000%8h743.50+0.052%$358K$1.6M10xas long as short
Binance QQQUSDT+0.0004%8h743.23+0.016%$70.8M$141.4M25xas long as short
RISEx QQQ/USDCshort+0.0010%1h743.19+0.011%$5.4M$7.3M25x
BloFin QQQ-USDTlong+0.0019%8h743.11long leg$1.1M$256K20x
Lighter QQQ+0.0032%1h743.10−0.001%$7.7M$15.8M30xas long as short
Lighter RH QQQ+0.0032%1h743.51+0.054%$37.0M$78.7M50xas long as short
Arcus QQQ-USD+0.0040%1h742.55−0.075%$702K$1.6M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h744.19+0.145%$337K50xas long as short
GRVT QQQ_USDT_Perp+0.0071%8h743.29+0.024%$315K$1.9M10xas long as short
Nado QQQ-PERP+0.0092%1h742.82−0.039%$1.5M$763K20xas long as short
edgeX QQQUSDC+0.0096%4h743.10−0.001%$760K$334K20xas long as short
KuCoin QQQUSDTM+0.0100%8h742.97−0.019%$3.4M$339K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h742.79−0.043%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h742.92−0.026%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h742.38−0.098%$92K$1K10xas long as short
Phoenix QQQ+0.0118%1h742.77−0.046%$38K$66K20xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0127%1h743.04−0.009%$424K$150K20xas long as short