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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.032%
Price spread now: Aster against RISEx+0.028%7-day average −0.035% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$10as in the Price arb table
costs, in and out, $10k−$160.161% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.195%−$19 on $10k
Price spread, last 4 days (all we have)−0.081%−$8 · spread now +0.028%, 7d avg −0.035%
Together, before fees−0.276%+ Points / potential airdropAster: Stage 5 · farm board−$28 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.063% dearer against RISEx than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.035%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx QQQ/USDC741.800get 0.0000% / 1h15m 15s$5.4M$5.8M25x
ShortAster QQQUSDT742.010get 0.0000% / 8h6h 15m$857K$902K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against RISEx. 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: +0.028% → −0.035%
$6.27
Slippage, 4 orders
−$2.13
Fee RISEx: 3 bp × 2 orders
−$6
Fee Aster: 4 bp × 2 orders
−$8
Net
−$9.86
Costs to cover
0.161%
Break-even
never at this rate
Slippage from RISEx: live order book, 2 min ago; Aster: live order book, 35 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 RISEx live order book, 2 min ago0.07 bp3.7 bp −$44.7 bp −$47doesn't fitdoesn't fit
Sell Aster live order book, 35 min ago0.34 bp4.3 bp −$46.8 bp −$6828.0 bp −$2,804doesn't fit

QQQ on 28 exchanges

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 −0.0200% / S +0.0283%1h742.03+0.031%$25K26xas long as short
Ondo Perps QQQ-USD.P−0.0109%1h740.49−0.177%$4.2M$1.8M20xas long as short
BloFin QQQ-USDT−0.0029%8h741.65−0.021%$1.1M$227K20xas long as short
Aster QQQUSDTshort0.0000%8h742.01+0.028%$857K$902K20x
OKX QQQ-USDT-SWAP0.0000%8h741.80−0.001%$21.7M$29.7M50xas long as short
RISEx QQQ/USDClong0.0000%1h741.80long leg$5.4M$5.8M25x
Gate QQQ_USDT0.0000%8h741.55−0.034%$3.5M$20.3M50xas long as short
Bitget QQQUSDT0.0000%8h741.84+0.005%$16.7M$5.4M20xas long as short
SunX QQQ-USDT0.0000%8h742.59+0.106%$2K$1.5M10xas long as short
HTX QQQ-USDT0.0000%8h741.83+0.003%$251K$38K30xas long as short
Show all 28 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex QQQUSDT0.0000%8h742.53+0.098%$363K$1.6M10xas long as short
Variational Omni QQQ+0.0028%8h741.87+0.008%$16.8M$7.2Mas long as short
Lighter QQQ+0.0032%1h741.77−0.005%$7.5M$15.0M30xas long as short
Lighter RH QQQ+0.0032%1h742.21+0.055%$38.4M$78.2M50xas long as short
Coinbase International QQQ-PERP-INTX+0.0032%1h741.31−0.067%$1.2M$528K20xas long as short
Arcus QQQ-USD+0.0040%1h741.18−0.084%$650K$1.4M25xas long as short
Bybit QQQUSDT+0.0044%8h742.19+0.052%$10.6M$4.9M50xas long as short
Vest QQQ-USD-PERP+0.0046%1h742.97+0.157%$337K50xas long as short
Binance QQQUSDT+0.0054%8h742.09+0.038%$71.1M$141.2M25xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0060%1h741.73−0.010%$424K$125K20xas long as short
KuCoin QQQUSDTM+0.0100%8h741.60−0.028%$3.4M$447K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h741.32−0.065%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h741.69−0.015%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h741.22−0.078%$92K$1K10xas long as short
Nado QQQ-PERP+0.0116%1h741.63−0.023%$1.6M$795K20xas long as short
GRVT QQQ_USDT_Perp+0.0194%8h741.91+0.014%$321K$2.0M10xas long as short
Phoenix QQQ+0.0280%1h741.34−0.063%$38K$59K20xas long as short
edgeX QQQUSDC+0.0298%4h741.68−0.017%$758K$337K20xas long as short