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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.010%
Price spread now: Gate against OKX−0.035%7-day average −0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$320.323% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.057%−$6 on $10k
Price spread, last 7 days+0.087%+$9 · spread now −0.035%, 7d avg −0.016%
Together, before fees+0.031%+$3 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX QQQ-USDT-SWAP739.950get 0.0000% / 8h7h 36m$21.6M$28.2M50x
ShortGate QQQ_USDT739.690get 0.0000% / 8h7h 36m$3.4M$20.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: −0.035% → −0.016%
−$1.91
Slippage, 4 orders
−$7.31
Fee OKX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$34.22
Costs to cover
0.323%
Break-even
never at this rate
Slippage from OKX: live order book, 2 min ago; Gate: live order book, 2 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, 2 min ago0.07 bp5.1 bp −$56.3 bp −$6313.5 bp −$1,350doesn't fit
Sell Gate live order book, 2 min ago0.14 bp10.7 bp −$1115.4 bp −$154doesn'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
GMX QQQ/USD [ETH-USDC]L −0.0184% / S +0.0270%1h740.39+0.060%$25K26xas long as short
Aster QQQUSDT0.0000%8h740.31+0.049%$822K$865K20xas long as short
OKX QQQ-USDT-SWAPlong0.0000%8h739.95long leg$21.6M$28.2M50x
RISEx QQQ/USDC0.0000%1h740.14+0.026%$5.4M$5.7M25xas long as short
Gate QQQ_USDTshort0.0000%8h739.69−0.035%$3.4M$20.6M50x
Bitget QQQUSDT0.0000%8h740.42+0.064%$16.5M$5.1M20xas long as short
SunX QQQ-USDT0.0000%8h740.83+0.119%$1K$1.7M10xas long as short
HTX QQQ-USDT0.0000%8h740.70+0.101%$250K$41K30xas long as short
Phemex QQQUSDT0.0000%8h740.83+0.119%$365K$1.6M10xas long as short
Variational Omni QQQ+0.0001%8h740.33+0.052%$16.7M$7.2Mas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin QQQ-USDT+0.0006%8h740.22+0.036%$1.1M$274K20xas long as short
edgeX QQQUSDC+0.0010%4h740.44+0.066%$757K$335K20xas long as short
Coinbase International QQQ-PERP-INTX+0.0024%1h739.68−0.036%$1.2M$492K20xas long as short
Bybit QQQUSDT+0.0030%8h740.30+0.047%$10.7M$5.0M50xas long as short
Binance QQQUSDT+0.0031%8h740.24+0.039%$70.0M$139.6M25xas long as short
Lighter QQQ+0.0032%1h740.00+0.007%$7.6M$15.2M30xas long as short
Lighter RH QQQ+0.0032%1h740.41+0.062%$37.5M$79.5M50xas long as short
Arcus QQQ-USD+0.0040%1h739.56−0.053%$646K$1.7M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h741.26+0.177%$337K50xas long as short
Ondo Perps QQQ-USD.P+0.0050%1h739.24−0.096%$4.2M$1.8M20xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0061%1h740.07+0.016%$423K$157K20xas long as short
KuCoin QQQUSDTM+0.0100%8h739.93−0.003%$3.4M$380K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h739.90−0.007%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h740.09+0.019%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h739.58−0.051%$92K$1K10xas long as short
Nado QQQ-PERP+0.0150%1h739.96+0.001%$1.6M$742K20xas long as short
GRVT QQQ_USDT_Perp+0.0184%8h740.55+0.081%$326K$2.0M10xas long as short
Phoenix QQQ+0.0248%1h740.22+0.036%$38K$65K20xas long as short