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+0.0082%/8h= +9.0% APRnext payment +$0.82 per $10,000 · paid last 24h +0.026%
Price spread now: Binance against Gate+0.065%7-day average +0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$250.253% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.021%−$2 on $10k
Price spread, last 2 days (all we have)−0.049%−$5 · spread now +0.065%, 7d avg +0.046%
Together, before fees−0.070%−$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.046%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate QQQ_USDT744.100get 0.0000% / 8h6h 15m$3.3M$23.3M50x
ShortBinance QQQUSDT744.580.0082get 0.0082% / 8h6h 15m$71.1M$147.2M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Gate. 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
$17.25
Price spread: +0.065% → +0.046%
$1.82
Slippage, 4 orders
−$0.27
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Binance: 5 bp × 2 orders
−$10
Net
−$6.2
Costs to cover
0.253%
Break-even
9.5 days
Slippage from Gate: live order book, 3 min ago; Binance: live order book, 13 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 Gate live order book, 3 min ago0.07 bp7.6 bp −$814.7 bp −$147doesn't fitdoesn't fit
Sell Binance live order book, 13 min ago0.07 bp5.1 bp −$55.1 bp −$519.7 bp −$96627.3 bp −$13.7K

QQQ on 27 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 −0.0101% / S +0.0206%1h744.59+0.065%$25K26xas long as short
Ondo Perps QQQ-USD.P−0.0091%1h743.32−0.105%$4.2M$1.9M20xas long as short
Bybit QQQUSDT0.0000%8h744.68+0.078%$10.7M$5.0M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h744.48+0.051%$21.7M$26.4M50xas long as short
Gate QQQ_USDTlong0.0000%8h744.10long leg$3.3M$23.3M50x
SunX QQQ-USDT0.0000%8h745.03+0.125%$2K$2.1M10xas long as short
HTX QQQ-USDT0.0000%8h744.70+0.081%$257K$29K30xas long as short
Phemex QQQUSDT0.0000%8h744.81+0.095%$359K$1.4M10xas long as short
Aster QQQUSDT+0.0006%8h744.46+0.048%$841K$712K20xas long as short
Bitget QQQUSDT+0.0027%8h744.63+0.071%$16.9M$5.9M20xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter QQQ+0.0032%1h744.35+0.034%$7.7M$17.8M30xas long as short
Lighter RH QQQ+0.0032%1h744.76+0.089%$37.4M$80.3M50xas long as short
Arcus QQQ-USD+0.0040%1h743.68−0.056%$705K$1.6M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h745.51+0.189%$337K50xas long as short
Coinbase International QQQ-PERP-INTX+0.0048%1h744.11+0.001%$1.2M$538K20xas long as short
Variational Omni QQQ+0.0056%8h744.43+0.044%$17.1M$7.6Mas long as short
Binance QQQUSDTshort+0.0082%8h744.58+0.065%$71.1M$147.2M25x
KuCoin QQQUSDTM+0.0100%8h744.29+0.026%$3.4M$412K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h744.100.000%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h744.30+0.027%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h743.77−0.044%$93K$1K10xas long as short
Nado QQQ-PERP+0.0123%1h744.14+0.006%$1.5M$952K20xas long as short
RISEx QQQ/USDC+0.0168%1h744.59+0.066%$5.4M$8.0M25xas long as short
Phoenix QQQ+0.0183%1h744.18+0.011%$38K$66K20xas long as short
GRVT QQQ_USDT_Perp+0.0198%8h744.63+0.071%$320K$1.8M10xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0207%1h744.38+0.038%$425K$148K20xas long as short
edgeX QQQUSDC+0.0490%4h744.37+0.036%$761K$335K20xas long as short