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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0046%/8h= −5.0% APRnext payment $0.06 per $10,000 · paid last 24h +0.042%
Price spread now: RISEx against Vest−0.126%7-day average −0.107% · 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)+0.144%+$14 on $10k
Price spread, last 4 days (all we have)+0.133%+$13 · spread now −0.126%, 7d avg −0.107%
Together, before fees+0.277%+ Points / potential airdropVest: Active · farm board+$28 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.107%, 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 +0.144%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest QQQ-USD-PERP745.180.0046pay 0.0006% / 1h21m 18s$337K50x
ShortRISEx QQQ/USDC744.240get 0.0000% / 1h21m 18s$5.4M$7.5M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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: −0.126% → −0.107%
−$1.95
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee RISEx: 3 bp × 2 orders
−$6
Net
−$19.54
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Vest: no order-book sample; RISEx: live order book, 3 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 RISEx live order book, 3 min ago0.07 bp3.1 bp −$33.2 bp −$32doesn'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 −0.0112% / S +0.0214%1h744.30−0.117%$25K26xas long as short
Ondo Perps QQQ-USD.P−0.0058%1h742.77−0.323%$4.2M$1.8M20xas long as short
Aster QQQUSDT0.0000%8h744.26−0.124%$841K$713K20xas long as short
Bybit QQQUSDT0.0000%8h744.35−0.111%$10.7M$5.0M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h744.21−0.130%$21.7M$26.3M50xas long as short
RISEx QQQ/USDCshort0.0000%1h744.24−0.126%$5.4M$7.5M25x
Gate QQQ_USDT0.0000%8h743.71−0.197%$3.3M$21.2M50xas long as short
Bitget QQQUSDT0.0000%8h744.33−0.114%$16.9M$5.7M20xas long as short
SunX QQQ-USDT0.0000%8h744.74−0.059%$2K$2.0M10xas long as short
HTX QQQ-USDT0.0000%8h744.26−0.123%$257K$29K30xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex QQQUSDT0.0000%8h744.44−0.099%$360K$1.5M10xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0005%1h743.97−0.162%$425K$149K20xas long as short
BloFin QQQ-USDT+0.0008%8h743.97−0.162%$1.1M$303K20xas long as short
Variational Omni QQQ+0.0032%8h743.92−0.169%$17.1M$7.5Mas long as short
Lighter QQQ+0.0032%1h743.96−0.164%$7.7M$17.2M30xas long as short
Lighter RH QQQ+0.0032%1h744.38−0.107%$37.3M$79.6M50xas long as short
Coinbase International QQQ-PERP-INTX+0.0032%1h743.58−0.215%$1.2M$534K20xas long as short
Arcus QQQ-USD+0.0040%1h743.12−0.276%$694K$1.6M25xas long as short
Vest QQQ-USD-PERPlong+0.0046%1h745.18long leg$337K50x
Binance QQQUSDT+0.0061%8h744.28−0.121%$71.2M$143.3M25xas long as short
Nado QQQ-PERP+0.0089%1h743.83−0.181%$1.5M$921K20xas long as short
KuCoin QQQUSDTM+0.0100%8h743.90−0.172%$3.4M$405K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h743.64−0.207%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h743.97−0.162%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h743.42−0.236%$93K$1K10xas long as short
GRVT QQQ_USDT_Perp+0.0136%8h744.17−0.136%$319K$1.9M10xas long as short
Phoenix QQQ+0.0161%1h743.64−0.207%$38K$66K20xas long as short
edgeX QQQUSDC+0.0742%4h743.88−0.174%$761K$334K20xas long as short