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+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.027%
Price spread now: Orderly against OKX−0.005%7-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 5 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: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX QQQ-USDT-SWAP743.120get 0.0000% / 8h3h 41m$21.4M$26.9M50x
ShortOrderly PERP_QQQ_USDC_mythos743.080.0100get 0.0100% / 8h3h 41m$12K$21K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
$21
Price spread: −0.005% → 0.000%
−$0.54
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Orderly: 3 bp × 2 orders
−$6
Net
$4.46
Costs to cover
0.160%
Break-even
5.5 days
Slippage unknown: OKX: live order book, 2 min ago; Orderly: 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 OKX live order book, 2 min ago0.07 bp5.1 bp −$55.6 bp −$5612.5 bp −$1,252doesn't fit
Sell Orderly no order-book sample
Orderly: 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]L −0.0133% / S +0.0231%1h743.36+0.032%$25K26xas long as short
Ondo Perps QQQ-USD.P−0.0041%1h742.40−0.097%$4.2M$1.8M20xas long as short
Aster QQQUSDT0.0000%8h743.24+0.016%$840K$714K20xas long as short
Bybit QQQUSDT0.0000%8h743.25+0.017%$10.7M$5.0M50xas long as short
OKX QQQ-USDT-SWAPlong0.0000%8h743.12long leg$21.4M$26.9M50x
Gate QQQ_USDT0.0000%8h742.88−0.032%$3.3M$20.9M50xas long as short
Bitget QQQUSDT0.0000%8h743.70+0.078%$16.9M$5.5M20xas long as short
Variational Omni QQQ0.0000%8h743.66+0.073%$17.1M$7.4Mas long as short
SunX QQQ-USDT0.0000%8h743.81+0.093%$2K$1.9M10xas long as short
Coinbase International QQQ-PERP-INTX0.0000%1h742.64−0.065%$1.2M$536K20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX QQQ-USDT0.0000%8h743.57+0.061%$257K$29K30xas long as short
Phemex QQQUSDT0.0000%8h743.67+0.074%$360K$1.6M10xas long as short
Binance QQQUSDT+0.0007%8h743.35+0.031%$70.9M$141.2M25xas long as short
RISEx QQQ/USDC+0.0010%1h743.38+0.035%$5.4M$7.3M25xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0019%1h743.08−0.005%$424K$150K20xas long as short
BloFin QQQ-USDT+0.0021%8h743.25+0.017%$1.1M$256K20xas long as short
Lighter QQQ+0.0032%1h743.20+0.011%$7.7M$15.8M30xas long as short
Lighter RH QQQ+0.0032%1h743.61+0.066%$37.0M$78.6M50xas long as short
Arcus QQQ-USD+0.0040%1h742.85−0.036%$702K$1.6M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h744.39+0.171%$337K50xas long as short
GRVT QQQ_USDT_Perp+0.0076%8h743.87+0.101%$326K$1.9M10xas long as short
Nado QQQ-PERP+0.0089%1h743.28+0.022%$1.5M$773K20xas long as short
KuCoin QQQUSDTM+0.0100%8h743.07−0.007%$3.4M$340K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h743.28+0.022%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythosshort+0.0100%8h743.08−0.005%$12K$21K20x
Aevo QQQ-PERP+0.0104%1h742.54−0.078%$92K$1K10xas long as short
Phoenix QQQ+0.0118%1h743.10−0.003%$38K$66K20xas long as short
edgeX QQQUSDC+0.0798%4h743.49+0.050%$760K$333K20xas long as short