Settings8H · net · $10k
Funding arb · Price arb /

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0179%/8h= +19.6% APRnext payment +$0.22 per $10,000 · paid last 24h +0.017%
Price spread now: Vest against GMX+0.137%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVest: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Vest is 0.137% dearer against GMX than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX QQQ/USD [ETH-USDC]743.18L −0.0133% / S +0.0231%get 0.0017% / 1h39m 14s$25K26x
ShortVest QQQ-USD-PERP744.200.0046get 0.0006% / 1h39m 14s$337K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest 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
$37.62
Price spread: +0.137% → 0.000%
$13.66
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Vest: 1 bp × 2 orders
−$2
Net
$37.28
Costs to cover
0.140%
Break-even
0.1 days
Slippage unknown: GMX: no order-book sample; Vest: 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 Vest no order-book sample
GMX and Vest: 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 −0.0133% / S +0.0231%1h743.18long leg$25K26x
Ondo Perps QQQ-USD.P−0.0041%1h742.40−0.106%$4.2M$1.8M20xas long as short
BloFin QQQ-USDT−0.0027%8h743.11−0.010%$1.1M$256K20xas long as short
Aster QQQUSDT0.0000%8h743.14−0.006%$840K$714K20xas long as short
Bybit QQQUSDT0.0000%8h743.05−0.018%$10.7M$5.0M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h743.00−0.025%$21.4M$26.9M50xas long as short
Gate QQQ_USDT0.0000%8h742.78−0.054%$3.3M$20.9M50xas long as short
Bitget QQQUSDT0.0000%8h743.36+0.024%$16.9M$5.5M20xas long as short
Variational Omni QQQ0.0000%8h743.22+0.005%$17.1M$7.3Mas long as short
SunX QQQ-USDT0.0000%8h743.60+0.056%$2K$1.9M10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International QQQ-PERP-INTX0.0000%1h742.64−0.073%$1.2M$536K20xas long as short
HTX QQQ-USDT0.0000%8h743.57+0.052%$257K$29K30xas long as short
Phemex QQQUSDT0.0000%8h743.12−0.009%$359K$1.6M10xas long as short
Binance QQQUSDT+0.0006%8h743.11−0.010%$70.8M$141.2M25xas long as short
RISEx QQQ/USDC+0.0010%1h743.29+0.014%$5.4M$7.3M25xas long as short
Lighter QQQ+0.0032%1h743.01−0.024%$7.7M$15.8M30xas long as short
Lighter RH QQQ+0.0032%1h743.41+0.030%$37.0M$78.7M50xas long as short
Arcus QQQ-USD+0.0040%1h742.68−0.068%$702K$1.6M25xas long as short
Vest QQQ-USD-PERPshort+0.0046%1h744.20+0.137%$337K50x
GRVT QQQ_USDT_Perp+0.0072%8h743.44+0.034%$315K$1.9M10xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0073%1h742.91−0.037%$424K$150K20xas long as short
Nado QQQ-PERP+0.0091%1h742.94−0.033%$1.5M$769K20xas long as short
KuCoin QQQUSDTM+0.0100%8h742.86−0.044%$3.4M$339K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h743.28+0.013%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h742.85−0.045%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h742.35−0.113%$92K$1K10xas long as short
Phoenix QQQ+0.0118%1h743.10−0.011%$38K$66K20xas long as short
edgeX QQQUSDC+0.0938%4h743.35+0.023%$760K$334K20xas long as short