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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0010%/8h= +1.1% APRpaid last 24h +0.036%
Price spread now: RISEx against Variational Omni+0.004%7-day average +0.018% · 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 4 days (all we have)+0.166%+$17 on $10k
Price spread, last 7 days−0.025%−$2 · spread now +0.004%, 7d avg +0.018%
Together, before fees+0.141%+ Points / potential airdropVariational Omni: Active · farm board+$14 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.018%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni QQQ742.760get 0.0000% / 8h3h 03m$17.1M$7.2M
ShortRISEx QQQ/USDC742.790.0010get 0.0001% / 1h3m 29s$5.4M$7.2M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx against Variational Omni. 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
$2.11
Price spread: +0.004% → +0.018%
−$1.41
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee RISEx: 3 bp × 2 orders
−$6
Net
−$5.29
Costs to cover
0.060%
Break-even
24.5 days
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; RISEx: live order book, 1 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 Variational Omni RFQ quote, 1 min ago1.90 bpdoesn't fit2.3 bp −$23doesn't fitdoesn't fit
Sell RISEx live order book, 1 min ago0.14 bp3.1 bp −$34.0 bp −$40doesn't fitdoesn't fit

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%1h742.84+0.011%$25K26xas long as short
Ondo Perps QQQ-USD.P−0.0010%1h741.70−0.142%$4.2M$1.8M20xas long as short
Aster QQQUSDT0.0000%8h742.71−0.006%$824K$857K20xas long as short
Binance QQQUSDT0.0000%8h742.70−0.007%$69.9M$143.8M25xas long as short
Bybit QQQUSDT0.0000%8h742.72−0.005%$10.7M$5.0M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h742.50−0.034%$21.6M$27.4M50xas long as short
Gate QQQ_USDT0.0000%8h742.12−0.085%$3.3M$21.3M50xas long as short
Bitget QQQUSDT0.0000%8h742.89+0.018%$16.7M$5.6M20xas long as short
Variational Omni QQQlong0.0000%8h742.76long leg$17.1M$7.2M
SunX QQQ-USDT0.0000%8h743.29+0.072%$1K$1.9M10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit QQQ_USDC-PERPETUAL0.0000%1h742.46−0.040%$424K$151K20xas long as short
Coinbase International QQQ-PERP-INTX0.0000%1h742.27−0.065%$1.2M$538K20xas long as short
HTX QQQ-USDT0.0000%8h742.85+0.013%$257K$29K30xas long as short
Phemex QQQUSDT0.0000%8h743.07+0.042%$362K$1.6M10xas long as short
RISEx QQQ/USDCshort+0.0010%1h742.79+0.004%$5.4M$7.2M25x
edgeX QQQUSDC+0.0014%4h742.71−0.007%$759K$335K20xas long as short
BloFin QQQ-USDT+0.0022%8h742.86+0.014%$1.1M$246K20xas long as short
Lighter QQQ+0.0032%1h742.55−0.028%$7.6M$15.9M30xas long as short
Lighter RH QQQ+0.0032%1h743.05+0.040%$37.0M$79.6M50xas long as short
Arcus QQQ-USD+0.0040%1h742.02−0.099%$703K$1.6M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h743.68+0.125%$337K50xas long as short
GRVT QQQ_USDT_Perp+0.0074%8h743.00+0.033%$320K$1.9M10xas long as short
KuCoin QQQUSDTM+0.0100%8h742.48−0.037%$3.4M$345K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h742.35−0.055%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h742.58−0.024%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h742.06−0.094%$92K$1K10xas long as short
Nado QQQ-PERP+0.0105%1h742.45−0.041%$1.5M$763K20xas long as short
Phoenix QQQ+0.0118%1h742.50−0.034%$38K$66K20xas long as short