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+0.0167%/8h= +18.2% APRpaid last 24h +0.047%
Price spread now: Bitget against GMX−0.001%54s7-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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$5 a day on $10k at the current rate. The two prices were read 54 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]742.12L −0.0167% / S +0.0257%get 0.0021% / 1h58m 28s$25K26x
ShortBitget QQQUSDT742.110get 0.0000% / 8h58m 28s$16.6M$5.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
$34.99
Price spread: −0.001% → 0.000%
−$0.07
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
$10.92
Costs to cover
0.240%
Break-even
4.8 days
Slippage unknown: GMX: no order-book sample; Bitget: live order book, 5 min ago. 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 Bitget live order book, 5 min ago0.07 bp6.3 bp −$68.3 bp −$8313.5 bp −$1,353doesn't fit
GMX: 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 −0.0167% / S +0.0257%1h742.12long leg$25K26x
Gate QQQ_USDT−0.0063%8h741.36−0.102%$3.4M$21.5M50xas long as short
Ondo Perps QQQ-USD.P−0.0051%1h740.46−0.223%$4.2M$1.8M20xas long as short
BloFin QQQ-USDT−0.0028%8h741.78−0.045%$1.1M$271K20xas long as short
Aster QQQUSDT0.0000%8h741.85−0.036%$823K$858K20xas long as short
Bybit QQQUSDT0.0000%8h741.78−0.045%$10.5M$5.2M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h741.56−0.075%$21.5M$28.3M50xas long as short
RISEx QQQ/USDC0.0000%1h741.56−0.074%$5.4M$6.3M25xas long as short
Bitget QQQUSDTshort0.0000%8h742.11−0.001%$16.6M$5.4M20x
Variational Omni QQQ0.0000%8h741.94−0.024%$16.9M$7.3Mas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX QQQ-USDT0.0000%8h742.83+0.096%$2K$1.8M10xas long as short
HTX QQQ-USDT0.0000%8h742.18+0.009%$251K$41K30xas long as short
Phemex QQQUSDT0.0000%8h742.17+0.007%$363K$1.6M10xas long as short
Binance QQQUSDT+0.0003%8h741.83−0.038%$70.0M$143.4M25xas long as short
Coinbase International QQQ-PERP-INTX+0.0016%1h741.33−0.106%$1.2M$488K20xas long as short
Lighter QQQ+0.0032%1h741.59−0.071%$7.7M$15.2M30xas long as short
Lighter RH QQQ+0.0040%1h741.92−0.026%$37.1M$79.6M50xas long as short
Arcus QQQ-USD+0.0040%1h741.12−0.134%$686K$1.6M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h742.78+0.090%$337K50xas long as short
KuCoin QQQUSDTM+0.0100%8h741.49−0.084%$3.4M$356K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h741.56−0.075%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h741.70−0.056%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h741.23−0.120%$92K$1K10xas long as short
Nado QQQ-PERP+0.0117%1h741.45−0.090%$1.6M$762K20xas long as short
GRVT QQQ_USDT_Perp+0.0120%8h742.18+0.008%$314K$2.0M10xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0155%1h741.84−0.037%$424K$155K20xas long as short
Phoenix QQQ+0.0205%1h741.63−0.065%$38K$65K20xas long as short
edgeX QQQUSDC+0.0825%4h741.92−0.027%$759K$337K20xas long as short