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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0267%/8h= −29.2% APRnext payment $0.33 per $10,000 · paid last 24h −0.075%
Price spread now: GMX against RISEx−0.003%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 4 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: −$8 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx QQQ/USDC741.590get 0.0000% / 1h59m 06s$5.3M$5.7M25x
ShortGMX QQQ/USD [ETH-USDC]741.57L −0.0179% / S +0.0267%pay 0.0033% / 1h59m 06s$25K26x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
−$55.97
Price spread: −0.003% → 0.000%
−$0.27
Slippage, 4 orders
no order book: not counted
Fee RISEx: 3 bp × 2 orders
−$6
Fee GMX: 6 bp × 2 orders
−$12
Net
−$74.24
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: RISEx: live order book, 5 min ago; GMX: 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 RISEx live order book, 5 min ago0.20 bp3.3 bp −$34.0 bp −$40doesn't fitdoesn't fit
Sell GMX no order-book sample
GMX: 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]shortL −0.0179% / S +0.0267%1h741.57−0.003%$25K26x
Gate QQQ_USDT−0.0098%8h741.22−0.049%$3.3M$20.4M50xas long as short
BloFin QQQ-USDT−0.0002%8h741.33−0.034%$1.1M$274K20xas long as short
Aster QQQUSDT0.0000%8h741.61+0.003%$824K$865K20xas long as short
Bybit QQQUSDT0.0000%8h741.52−0.009%$10.7M$5.0M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h741.33−0.034%$21.5M$28.3M50xas long as short
RISEx QQQ/USDClong0.0000%1h741.59long leg$5.3M$5.7M25x
Bitget QQQUSDT0.0000%8h741.47−0.016%$16.5M$5.3M20xas long as short
Variational Omni QQQ0.0000%8h741.63+0.007%$16.8M$7.2Mas long as short
Nado QQQ-PERP0.0000%1h741.37−0.028%$1.6M$745K20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX QQQ-USDT0.0000%8h742.04+0.061%$2K$1.7M10xas long as short
HTX QQQ-USDT0.0000%8h741.58−0.001%$250K$41K30xas long as short
Phemex QQQUSDT0.0000%8h741.76+0.024%$361K$1.6M10xas long as short
Coinbase International QQQ-PERP-INTX+0.0024%1h741.06−0.071%$1.2M$486K20xas long as short
Binance QQQUSDT+0.0029%8h741.60+0.001%$70.4M$140.8M25xas long as short
Lighter QQQ+0.0032%1h741.25−0.045%$7.7M$14.9M30xas long as short
Lighter RH QQQ+0.0032%1h741.59+0.001%$37.5M$78.4M50xas long as short
Arcus QQQ-USD+0.0040%1h740.78−0.109%$647K$1.7M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h742.50+0.123%$337K50xas long as short
Ondo Perps QQQ-USD.P+0.0050%1h740.78−0.109%$4.2M$1.8M20xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0060%1h741.34−0.033%$424K$156K20xas long as short
KuCoin QQQUSDTM+0.0100%8h741.09−0.067%$3.4M$363K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h741.43−0.021%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h741.37−0.029%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h740.89−0.094%$92K$1K10xas long as short
GRVT QQQ_USDT_Perp+0.0148%8h741.90+0.042%$314K$2.0M10xas long as short
Phoenix QQQ+0.0227%1h741.35−0.032%$38K$65K20xas long as short
edgeX QQQUSDC+0.0784%4h741.84+0.034%$758K$337K20xas long as short