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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0116%/8h= +12.7% APRpaid last 24h −0.038%
Price spread now: edgeX against KuCoin+0.020%7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$390.389% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.176%−$18 on $10k
Price spread, last 3 days (all we have)0.000%$0 · spread now +0.020%, 7d avg +0.023%
Together, before fees−0.176%+ Points / potential airdropedgeX: Active · farm board−$18 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.023%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.176%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin QQQUSDTM744.380.0100pay 0.0100% / 8h6h 58m$3.4M$410K20x
ShortedgeX QQQUSDC744.530.0216get 0.0108% / 4h2h 58m$761K$337K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against KuCoin. 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
$24.29
Price spread: +0.020% → +0.023%
−$0.31
Slippage, 4 orders
−$17.92
Fee KuCoin: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$14.93
Costs to cover
0.389%
Break-even
11.3 days
Slippage from KuCoin: live order book, 4 min ago; edgeX: live order book, 10 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 KuCoin live order book, 4 min ago1.41 bp9.4 bp −$986.4 bp −$864doesn't fitdoesn't fit
Sell edgeX live order book, 10 min ago4.16 bp8.7 bp −$99.8 bp −$98doesn't fitdoesn't fit

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−0.0293%1h743.10−0.172%$4.2M$2.0M20xas long as short
GMX QQQ/USD [ETH-USDC]L −0.0092% / S +0.0199%1h744.75+0.049%$25K26xas long as short
OKX QQQ-USDT-SWAP0.0000%8h744.44+0.008%$21.5M$25.3M50xas long as short
Gate QQQ_USDT0.0000%8h744.34−0.005%$3.2M$19.9M50xas long as short
SunX QQQ-USDT0.0000%8h745.21+0.112%$2K$2.1M10xas long as short
HTX QQQ-USDT0.0000%8h744.94+0.075%$257K$29K30xas long as short
Phemex QQQUSDT0.0000%8h745.09+0.095%$359K$1.4M10xas long as short
BloFin QQQ-USDT+0.0019%8h744.380.000%$1.1M$320K20xas long as short
Aster QQQUSDT+0.0023%8h744.66+0.037%$841K$713K20xas long as short
Bybit QQQUSDT+0.0025%8h744.74+0.048%$10.7M$5.0M50xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter QQQ+0.0032%1h744.35−0.004%$7.7M$17.6M30xas long as short
Lighter RH QQQ+0.0032%1h744.82+0.059%$37.4M$78.5M50xas long as short
Arcus QQQ-USD+0.0040%1h743.79−0.079%$748K$1.5M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h745.30+0.124%$306K50xas long as short
Coinbase International QQQ-PERP-INTX+0.0048%1h744.09−0.039%$1.2M$545K20xas long as short
Variational Omni QQQ+0.0072%8h744.60+0.030%$17.1M$7.6Mas long as short
Nado QQQ-PERP+0.0098%1h744.41+0.004%$1.5M$1.1M20xas long as short
Binance QQQUSDT+0.0099%8h744.63+0.034%$71.3M$149.2M25xas long as short
KuCoin QQQUSDTMlong+0.0100%8h744.38long leg$3.4M$410K20x
ApeX Omni QQQUSDT+0.0100%1h744.13−0.034%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h744.51+0.017%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h744.09−0.038%$93K$1K10xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0113%1h744.49+0.015%$425K$147K20xas long as short
Bitget QQQUSDT+0.0143%8h744.69+0.042%$16.9M$6.1M20xas long as short
RISEx QQQ/USDC+0.0168%1h744.80+0.057%$5.4M$8.2M25xas long as short
edgeX QQQUSDCshort+0.0216%4h744.53+0.020%$761K$337K20x
Phoenix QQQ+0.0258%1h744.24−0.019%$38K$66K20xas long as short
GRVT QQQ_USDT_Perp+0.0371%8h744.88+0.067%$318K$1.8M10xas long as short