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+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: Orderly against Gate+0.039%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Orderly is 0.039% dearer against Gate than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate QQQ_USDT743.700get 0.0000% / 8h4h 12m$3.3M$20.8M50x
ShortOrderly PERP_QQQ_USDC_mythos743.990.0100get 0.0100% / 8h4h 12m$12K$21K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
$21
Price spread: +0.039% → 0.000%
$3.9
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Orderly: 3 bp × 2 orders
−$6
Net
$3.9
Costs to cover
0.210%
Break-even
5.7 days
Slippage unknown: Gate: live order book, 2 min ago; Orderly: no order-book sample. Net counts fees only.

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, 2 min ago0.87 bp10.2 bp −$1017.1 bp −$171doesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0137%1h743.24−0.062%$4.2M$1.8M20xas long as short
GMX QQQ/USD [ETH-USDC]L −0.0127% / S +0.0226%1h744.25+0.073%$25K26xas long as short
BloFin QQQ-USDT−0.0002%8h744.15+0.061%$1.1M$261K20xas long as short
Aster QQQUSDT0.0000%8h744.26+0.075%$841K$714K20xas long as short
Bybit QQQUSDT0.0000%8h744.26+0.075%$10.7M$5.0M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h744.14+0.059%$21.5M$26.9M50xas long as short
RISEx QQQ/USDC0.0000%1h744.35+0.088%$5.4M$7.4M25xas long as short
Gate QQQ_USDTlong0.0000%8h743.70long leg$3.3M$20.8M50x
Bitget QQQUSDT0.0000%8h744.36+0.089%$16.9M$5.7M20xas long as short
Variational Omni QQQ0.0000%8h744.30+0.081%$17.1M$7.4Mas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX QQQ-USDT0.0000%8h744.70+0.134%$2K$1.9M10xas long as short
HTX QQQ-USDT0.0000%8h744.65+0.128%$257K$29K30xas long as short
Phemex QQQUSDT0.0000%8h744.57+0.117%$363K$1.5M10xas long as short
Coinbase International QQQ-PERP-INTX+0.0008%1h743.80+0.013%$1.2M$536K20xas long as short
Binance QQQUSDT+0.0026%8h744.25+0.074%$71.0M$141.5M25xas long as short
Lighter QQQ+0.0032%1h744.10+0.054%$7.7M$16.4M30xas long as short
Arcus QQQ-USD+0.0040%1h743.65−0.007%$698K$1.6M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h745.21+0.203%$337K50xas long as short
Lighter RH QQQ+0.0048%1h744.52+0.110%$37.0M$79.7M50xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0086%1h744.02+0.043%$425K$150K20xas long as short
GRVT QQQ_USDT_Perp+0.0092%8h744.39+0.093%$324K$1.9M10xas long as short
Nado QQQ-PERP+0.0094%1h743.90+0.028%$1.5M$839K20xas long as short
KuCoin QQQUSDTM+0.0100%8h743.97+0.036%$3.4M$362K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h743.90+0.027%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythosshort+0.0100%8h743.99+0.039%$12K$21K20x
Aevo QQQ-PERP+0.0104%1h743.43−0.037%$93K$1K10xas long as short
Phoenix QQQ+0.0129%1h743.94+0.032%$38K$66K20xas long as short
edgeX QQQUSDC+0.0627%4h744.18+0.065%$761K$336K20xas long as short