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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.037%
Price spread now: Bitget against OKX+0.039%7-day average +0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$230.230% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.083%+$8 on $10k
Price spread, last 7 days−0.003%$0 · spread now +0.039%, 7d avg +0.026%
Together, before fees+0.081%+$8 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX QQQ-USDT-SWAP741.560get 0.0000% / 8h57m 38s$21.4M$28.3M50x
ShortBitget QQQUSDT741.850get 0.0000% / 8h57m 38s$16.6M$5.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against OKX. 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
$0
Price spread: +0.039% → +0.026%
$1.34
Slippage, 4 orders
−$0.99
Fee OKX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$21.65
Costs to cover
0.230%
Break-even
never at this rate
Slippage from OKX: live order book, 1 min ago; Bitget: live order book, 1 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 OKX live order book, 1 min ago0.07 bp5.1 bp −$56.2 bp −$6214.4 bp −$1,438doesn't fit
Sell Bitget live order book, 1 min ago0.07 bp6.3 bp −$68.3 bp −$8312.9 bp −$1,293doesn'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
GMX QQQ/USD [ETH-USDC]L −0.0167% / S +0.0257%1h741.82+0.034%$25K26xas long as short
Ondo Perps QQQ-USD.P−0.0080%1h740.46−0.148%$4.2M$1.8M20xas long as short
Gate QQQ_USDT−0.0063%8h741.32−0.032%$3.3M$21.5M50xas long as short
BloFin QQQ-USDT−0.0028%8h741.78+0.030%$1.1M$271K20xas long as short
Aster QQQUSDT0.0000%8h741.75+0.025%$823K$858K20xas long as short
Bybit QQQUSDT0.0000%8h741.73+0.023%$10.5M$5.2M50xas long as short
OKX QQQ-USDT-SWAPlong0.0000%8h741.56long leg$21.4M$28.3M50x
RISEx QQQ/USDC0.0000%1h741.56+0.001%$5.4M$6.3M25xas long as short
Bitget QQQUSDTshort0.0000%8h741.85+0.039%$16.6M$5.5M20x
Variational Omni QQQ0.0000%8h741.94+0.051%$16.9M$7.3Mas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX QQQ-USDT0.0000%8h742.55+0.134%$2K$1.8M10xas long as short
Deribit QQQ_USDC-PERPETUAL0.0000%1h741.52−0.005%$424K$155K20xas long as short
HTX QQQ-USDT0.0000%8h742.18+0.084%$251K$41K30xas long as short
Phemex QQQUSDT0.0000%8h742.03+0.063%$364K$1.6M10xas long as short
Binance QQQUSDT+0.0004%8h741.75+0.026%$70.0M$143.3M25xas long as short
Coinbase International QQQ-PERP-INTX+0.0016%1h741.33−0.031%$1.2M$488K20xas long as short
Lighter QQQ+0.0032%1h741.59+0.004%$7.7M$15.2M30xas long as short
Arcus QQQ-USD+0.0040%1h741.07−0.066%$686K$1.6M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h742.78+0.165%$337K50xas long as short
Lighter RH QQQ+0.0048%1h741.90+0.046%$37.1M$79.6M50xas long as short
KuCoin QQQUSDTM+0.0100%8h741.41−0.020%$3.4M$356K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h741.560.000%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h741.55−0.001%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h741.04−0.069%$92K$1K10xas long as short
Nado QQQ-PERP+0.0117%1h741.45−0.015%$1.6M$762K20xas long as short
GRVT QQQ_USDT_Perp+0.0120%8h742.18+0.083%$314K$2.0M10xas long as short
Phoenix QQQ+0.0205%1h741.63+0.009%$38K$65K20xas long as short
edgeX QQQUSDC+0.0604%4h741.87+0.042%$759K$334K20xas long as short