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: OKX against Orderly+0.001%7-day average · you sell dearer than you buy
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
LongOrderly PERP_QQQ_USDC_mythos742.440.0100pay 0.0100% / 8h3h 03m$12K$21K20x
ShortOKX QQQ-USDT-SWAP742.450get 0.0000% / 8h3h 03m$21.6M$27.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
−$21
Price spread: +0.001% → 0.000%
$0.13
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee OKX: 5 bp × 2 orders
−$10
Net
−$36.87
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; OKX: live order book, just now. 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 OKX live order book, just now0.07 bp5.5 bp −$56.3 bp −$6312.6 bp −$1,258doesn'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
GMX QQQ/USD [ETH-USDC]L −0.0141% / S +0.0237%1h742.70+0.034%$25K26xas long as short
Ondo Perps QQQ-USD.P−0.0010%1h741.70−0.100%$4.2M$1.8M20xas long as short
Aster QQQUSDT0.0000%8h742.73+0.039%$824K$857K20xas long as short
Binance QQQUSDT0.0000%8h742.69+0.034%$69.9M$143.8M25xas long as short
Bybit QQQUSDT0.0000%8h742.71+0.036%$10.7M$5.0M50xas long as short
OKX QQQ-USDT-SWAPshort0.0000%8h742.45+0.001%$21.6M$27.5M50x
Gate QQQ_USDT0.0000%8h742.06−0.051%$3.3M$21.3M50xas long as short
Bitget QQQUSDT0.0000%8h742.89+0.061%$16.7M$5.6M20xas long as short
Variational Omni QQQ0.0000%8h742.76+0.042%$17.1M$7.2Mas long as short
SunX QQQ-USDT0.0000%8h743.22+0.105%$2K$1.9M10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit QQQ_USDC-PERPETUAL0.0000%1h742.41−0.004%$424K$151K20xas long as short
Coinbase International QQQ-PERP-INTX0.0000%1h742.24−0.027%$1.2M$539K20xas long as short
HTX QQQ-USDT0.0000%8h742.85+0.055%$257K$29K30xas long as short
Phemex QQQUSDT0.0000%8h742.93+0.066%$363K$1.6M10xas long as short
RISEx QQQ/USDC+0.0010%1h742.79+0.047%$5.4M$7.2M25xas long as short
edgeX QQQUSDC+0.0014%4h742.71+0.036%$759K$335K20xas long as short
BloFin QQQ-USDT+0.0024%8h742.86+0.057%$1.1M$246K20xas long as short
Lighter QQQ+0.0032%1h742.51+0.009%$7.6M$15.9M30xas long as short
Lighter RH QQQ+0.0032%1h742.94+0.067%$37.0M$79.6M50xas long as short
Arcus QQQ-USD+0.0040%1h742.02−0.057%$703K$1.6M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h743.68+0.167%$337K50xas long as short
GRVT QQQ_USDT_Perp+0.0074%8h743.00+0.076%$320K$1.9M10xas long as short
KuCoin QQQUSDTM+0.0100%8h742.43−0.001%$3.4M$345K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h742.35−0.012%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythoslong+0.0100%8h742.44long leg$12K$21K20x
Aevo QQQ-PERP+0.0104%1h741.96−0.065%$92K$1K10xas long as short
Nado QQQ-PERP+0.0105%1h742.45+0.002%$1.5M$763K20xas long as short
Phoenix QQQ+0.0118%1h742.50+0.008%$38K$66K20xas long as short