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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0046%/8h= −5.0% APRnext payment $0.06 per $10,000 · paid last 24h −0.006%
Price spread now: Coinbase International against Vest−0.190%7-day average −0.199% · 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 3 days (all we have)+0.050%+$5 on $10k
Price spread, last 4 days (all we have)+0.256%+$26 · spread now −0.190%, 7d avg −0.199%
Together, before fees+0.306%+ Points / potential airdropVest: Active · farm board+$31 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.199%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair paid +0.050%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest QQQ-USD-PERP743.680.0046pay 0.0006% / 1h4m 32s$337K50x
ShortCoinbase International QQQ-PERP-INTX742.270get 0.0000% / 1h4m 32s$1.2M$538K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Vest. 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
−$9.59
Price spread: −0.190% → −0.199%
$0.97
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$20.62
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Vest: no order-book sample; Coinbase International: live order book, 4 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 Vest no order-book sample
Sell Coinbase International live order book, 4 min ago0.07 bp5.2 bp −$57.2 bp −$72doesn't fitdoesn't fit
Vest: 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 +0.0236%1h742.82−0.116%$25K26xas long as short
Ondo Perps QQQ-USD.P−0.0010%1h741.70−0.266%$4.2M$1.8M20xas long as short
Aster QQQUSDT0.0000%8h742.79−0.120%$824K$857K20xas long as short
Binance QQQUSDT0.0000%8h742.83−0.114%$70.1M$143.8M25xas long as short
Bybit QQQUSDT0.0000%8h742.82−0.116%$10.7M$5.0M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h742.58−0.148%$21.6M$27.4M50xas long as short
Gate QQQ_USDT0.0000%8h742.17−0.203%$3.3M$21.3M50xas long as short
Bitget QQQUSDT0.0000%8h742.88−0.108%$16.7M$5.6M20xas long as short
Variational Omni QQQ0.0000%8h742.76−0.124%$17.1M$7.2Mas long as short
SunX QQQ-USDT0.0000%8h743.31−0.050%$2K$1.9M10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit QQQ_USDC-PERPETUAL0.0000%1h742.39−0.173%$424K$151K20xas long as short
Coinbase International QQQ-PERP-INTXshort0.0000%1h742.27−0.190%$1.2M$538K20x
HTX QQQ-USDT0.0000%8h742.85−0.112%$257K$29K30xas long as short
Phemex QQQUSDT0.0000%8h743.37−0.042%$361K$1.6M10xas long as short
RISEx QQQ/USDC+0.0010%1h742.89−0.106%$5.4M$7.2M25xas long as short
BloFin QQQ-USDT+0.0022%8h742.86−0.110%$1.1M$246K20xas long as short
Lighter QQQ+0.0032%1h742.63−0.141%$7.7M$15.9M30xas long as short
Lighter RH QQQ+0.0032%1h743.01−0.090%$36.9M$79.5M50xas long as short
Arcus QQQ-USD+0.0040%1h742.03−0.222%$704K$1.6M25xas long as short
Vest QQQ-USD-PERPlong+0.0046%1h743.68long leg$337K50x
GRVT QQQ_USDT_Perp+0.0073%8h742.97−0.095%$320K$1.9M10xas long as short
KuCoin QQQUSDTM+0.0100%8h742.48−0.161%$3.4M$343K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h742.35−0.179%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h742.50−0.159%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h741.98−0.229%$92K$1K10xas long as short
Nado QQQ-PERP+0.0105%1h742.36−0.177%$1.5M$763K20xas long as short
Phoenix QQQ+0.0118%1h742.50−0.159%$38K$66K20xas long as short
edgeX QQQUSDC+0.0178%4h742.80−0.119%$759K$334K20xas long as short