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+0.0273%/8h= +29.9% APRnext payment +$0.34 per $10,000 · paid last 24h +0.040%
Price spread now: Aevo against GMX−0.110%62s7-day average · you buy dearer than you sell
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Aevo is 0.110% cheaper against GMX than usual: you would sell low and buy high (spread −0.110% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 32 hours of funding at the current rate (+$8 a day). The two prices were read 62 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX QQQ/USD [ETH-USDC]741.99L −0.0169% / S +0.0258%get 0.0021% / 1h48m 22s$25K26x
ShortAevo QQQ-PERP741.170.0104get 0.0013% / 1h48m 22s$92K$1K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against GMX. 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
$57.26
Price spread: −0.110% → 0.000%
−$10.99
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Aevo: 8 bp × 2 orders
−$16
Net
$18.27
Costs to cover
0.280%
Break-even
4.8 days
Slippage unknown: GMX: no order-book sample; Aevo: 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 GMX no order-book sample
Sell Aevo no order-book sample
GMX and Aevo: 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
GMX QQQ/USD [ETH-USDC]longL −0.0169% / S +0.0258%1h741.99long leg$25K26x
Ondo Perps QQQ-USD.P−0.0152%1h740.17−0.245%$4.2M$1.8M20xas long as short
Gate QQQ_USDT−0.0068%8h741.48−0.068%$3.3M$21.6M50xas long as short
Aster QQQUSDT0.0000%8h741.97−0.002%$823K$858K20xas long as short
Bybit QQQUSDT0.0000%8h741.98−0.001%$10.7M$5.3M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h741.79−0.026%$21.5M$28.3M50xas long as short
RISEx QQQ/USDC0.0000%1h741.73−0.034%$5.4M$6.3M25xas long as short
Bitget QQQUSDT0.0000%8h742.02+0.005%$16.5M$5.4M20xas long as short
Variational Omni QQQ0.0000%8h741.63−0.048%$16.8M$7.4Mas long as short
SunX QQQ-USDT0.0000%8h742.73+0.100%$2K$1.8M10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit QQQ_USDC-PERPETUAL0.0000%1h741.71−0.037%$424K$155K20xas long as short
HTX QQQ-USDT0.0000%8h741.94−0.006%$250K$41K30xas long as short
Phemex QQQUSDT0.0000%8h742.26+0.037%$360K$1.6M10xas long as short
Binance QQQUSDT+0.0005%8h741.95−0.005%$70.0M$142.6M25xas long as short
Coinbase International QQQ-PERP-INTX+0.0016%1h741.39−0.080%$1.2M$489K20xas long as short
BloFin QQQ-USDT+0.0016%8h741.73−0.034%$1.1M$270K20xas long as short
Lighter QQQ+0.0032%1h741.83−0.021%$7.7M$15.3M30xas long as short
Lighter RH QQQ+0.0040%1h742.19+0.028%$37.2M$79.8M50xas long as short
Arcus QQQ-USD+0.0040%1h741.24−0.100%$642K$1.7M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h742.83+0.114%$337K50xas long as short
KuCoin QQQUSDTM+0.0100%8h741.52−0.063%$3.4M$357K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h741.30−0.092%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h741.63−0.048%$12K$21K20xas long as short
Aevo QQQ-PERPshort+0.0104%1h741.17−0.110%$92K$1K10x
Nado QQQ-PERP+0.0107%1h741.60−0.052%$1.6M$758K20xas long as short
GRVT QQQ_USDT_Perp+0.0122%8h741.91−0.011%$325K$2.0M10xas long as short
Phoenix QQQ+0.0227%1h741.27−0.096%$38K$65K20xas long as short
edgeX QQQUSDC+0.0659%4h741.61−0.051%$758K$336K20xas long as short