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−0.0001%/8h= −0.1% APRnext payment $0.01 per $10,000 · paid last 24h +0.013%
Price spread now: BloFin against Bybit−0.008%52s7-day average −0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$270.267% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.172%−$17 on $10k
Price spread, last 3 days (all we have)+0.025%+$2 · spread now −0.008%, 7d avg −0.027%
Together, before fees−0.147%−$15 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit QQQUSDT744.230get 0.0000% / 8h7h 22m$10.7M$5.0M50x
ShortBloFin QQQ-USDT744.17−0.0001pay 0.0001% / 8h7h 22m$1.1M$318K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Bybit. 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
−$0.13
Price spread: −0.008% → −0.027%
$1.9
Slippage, 4 orders
−$3.73
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$24.96
Costs to cover
0.267%
Break-even
never at this rate
Slippage from Bybit: live order book, 1 min ago; BloFin: live order book, 5 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 Bybit live order book, 1 min ago0.07 bp7.9 bp −$813.7 bp −$13783.2 bp −$8,323doesn't fit
Sell BloFin live order book, 5 min ago0.07 bp6.1 bp −$66.4 bp −$649.5 bp −$953doesn'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−0.0343%1h742.70−0.206%$4.2M$2.0M20xas long as short
GMX QQQ/USD [ETH-USDC]L −0.0087% / S +0.0195%1h744.29+0.009%$25K26xas long as short
BloFin QQQ-USDTshort−0.0001%8h744.17−0.008%$1.1M$318K20x
Bybit QQQUSDTlong0.0000%8h744.23long leg$10.7M$5.0M50x
OKX QQQ-USDT-SWAP0.0000%8h744.01−0.030%$21.4M$25.3M50xas long as short
Gate QQQ_USDT0.0000%8h743.91−0.043%$3.2M$28.0M50xas long as short
SunX QQQ-USDT0.0000%8h744.75+0.070%$2K$2.2M10xas long as short
Deribit QQQ_USDC-PERPETUAL0.0000%1h743.92−0.042%$425K$147K20xas long as short
HTX QQQ-USDT0.0000%8h745.42+0.160%$258K$29K30xas long as short
Phemex QQQUSDT0.0000%8h744.53+0.040%$362K$1.4M10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster QQQUSDT+0.0004%8h744.19−0.005%$841K$714K20xas long as short
Lighter QQQ+0.0032%1h743.96−0.036%$7.7M$18.4M30xas long as short
Lighter RH QQQ+0.0032%1h744.37+0.019%$37.4M$80.3M50xas long as short
Arcus QQQ-USD+0.0040%1h743.70−0.071%$747K$1.5M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h744.74+0.069%$306K50xas long as short
Variational Omni QQQ+0.0052%8h744.72+0.066%$17.1M$9.6Mas long as short
Coinbase International QQQ-PERP-INTX+0.0064%1h744.24+0.001%$1.2M$550K20xas long as short
Binance QQQUSDT+0.0081%8h744.18−0.006%$71.1M$152.1M25xas long as short
KuCoin QQQUSDTM+0.0100%8h743.86−0.050%$3.4M$410K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h744.53+0.040%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h743.97−0.035%$12K$21K20xas long as short
Nado QQQ-PERP+0.0103%1h743.85−0.051%$1.5M$1.2M20xas long as short
Aevo QQQ-PERP+0.0104%1h743.55−0.092%$93K$1K10xas long as short
Bitget QQQUSDT+0.0175%8h744.28+0.007%$16.9M$6.3M20xas long as short
RISEx QQQ/USDC+0.0208%1h744.230.000%$5.4M$8.6M25xas long as short
Phoenix QQQ+0.0258%1h744.20−0.004%$38K$66K20xas long as short
GRVT QQQ_USDT_Perp+0.0318%8h744.89+0.089%$316K$1.8M10xas long as short
edgeX QQQUSDC+0.0971%4h744.68+0.060%$761K$336K20xas long as short