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 0.000%
Price spread now: KuCoin against Orderly−0.011%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
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_QQQ_USDC_mythos744.190.0100pay 0.0100% / 8h4h 34m$12K$21K20x
ShortKuCoin QQQUSDTM744.110.0100get 0.0100% / 8h4h 34m$3.4M$388K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Orderly. 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: −0.011% → 0.000%
−$1.07
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$19.07
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; KuCoin: live order book, 3 min ago. 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 Orderly no order-book sample
Sell KuCoin live order book, 3 min ago1.54 bp13.8 bp −$14115.6 bp −$1,156doesn't fitdoesn't fit
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
Ondo Perps QQQ-USD.P−0.0143%1h743.21−0.132%$4.2M$1.8M20xas long as short
GMX QQQ/USD [ETH-USDC]L −0.0122% / S +0.0222%1h744.47+0.037%$25K26xas long as short
Aster QQQUSDT0.0000%8h744.43+0.032%$841K$714K20xas long as short
Bybit QQQUSDT0.0000%8h744.35+0.021%$10.7M$5.0M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h744.29+0.013%$21.5M$26.9M50xas long as short
RISEx QQQ/USDC0.0000%1h744.53+0.046%$5.4M$7.5M25xas long as short
Gate QQQ_USDT0.0000%8h743.94−0.034%$3.3M$20.8M50xas long as short
Bitget QQQUSDT0.0000%8h744.61+0.056%$16.9M$5.7M20xas long as short
SunX QQQ-USDT0.0000%8h744.96+0.103%$2K$1.9M10xas long as short
HTX QQQ-USDT0.0000%8h744.81+0.083%$257K$29K30xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex QQQUSDT0.0000%8h744.89+0.094%$362K$1.5M10xas long as short
Variational Omni QQQ+0.0002%8h744.38+0.026%$17.1M$7.5Mas long as short
Coinbase International QQQ-PERP-INTX+0.0008%1h743.96−0.031%$1.2M$536K20xas long as short
BloFin QQQ-USDT+0.0026%8h744.30+0.015%$1.1M$271K20xas long as short
Lighter QQQ+0.0032%1h744.29+0.013%$7.7M$16.3M30xas long as short
Binance QQQUSDT+0.0040%8h744.41+0.030%$71.1M$141.8M25xas long as short
Arcus QQQ-USD+0.0040%1h743.76−0.058%$700K$1.6M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h745.44+0.168%$337K50xas long as short
Lighter RH QQQ+0.0048%1h744.77+0.078%$36.9M$78.9M50xas long as short
Nado QQQ-PERP+0.0096%1h744.14−0.007%$1.5M$876K20xas long as short
KuCoin QQQUSDTMshort+0.0100%8h744.11−0.011%$3.4M$388K20x
ApeX Omni QQQUSDT+0.0100%1h744.11−0.011%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythoslong+0.0100%8h744.19long leg$12K$21K20x
Aevo QQQ-PERP+0.0104%1h743.67−0.070%$93K$1K10xas long as short
GRVT QQQ_USDT_Perp+0.0110%8h744.62+0.058%$319K$1.9M10xas long as short
Phoenix QQQ+0.0129%1h744.01−0.024%$38K$66K20xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0274%1h744.41+0.030%$425K$149K20xas long as short
edgeX QQQUSDC+0.0680%4h744.36+0.023%$761K$334K20xas long as short