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

TQQQ

RWAall TQQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.023%
Price spread now: Bybit against Binance+0.031%7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$330.329% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.022%+$2 on $10k
Price spread, last 7 days0.000%$0 · spread now +0.031%, 7d avg +0.017%
Together, before fees+0.023%+$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance TQQQUSDT79.1550get 0.0000% / 8h3h 07m$18.3M$48.5M20x
ShortBybit TQQQUSDT79.1800get 0.0000% / 8h3h 07m$2.5M$7.0M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Binance. 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: +0.031% → +0.017%
$1.46
Slippage, 4 orders
−$11.86
Fee Binance: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$31.41
Costs to cover
0.329%
Break-even
never at this rate
Slippage from Binance: live order book, 5 min ago; Bybit: live order book, 1 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 Binance live order book, 5 min ago0.63 bp6.6 bp −$711.6 bp −$11664.2 bp −$6,424doesn't fit
Sell Bybit live order book, 1 min ago0.63 bp11.7 bp −$1249.7 bp −$497doesn't fitdoesn't fit

TQQQ on 11 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
KuCoin TQQQUSDTM−0.0004%8h79.150−0.006%$180K$608K10xas long as short
BloFin TQQQ-USDT−0.0001%8h79.170+0.019%$154K$31K20xas long as short
Aster TQQQUSDT0.0000%8h79.190+0.044%$70K$145K20xas long as short
Binance TQQQUSDTlong0.0000%8h79.155long leg$18.3M$48.5M20x
Bybit TQQQUSDTshort0.0000%8h79.180+0.031%$2.5M$7.0M25x
OKX TQQQ-USDT-SWAP0.0000%8h79.160+0.006%$2.2M$5.7M10xas long as short
MEXC TQQQ_USDT0.0000%8h79.190+0.044%$1.5M$227K20xas long as short
Bitget TQQQUSDT0.0000%8h79.180+0.031%$7.6M$2.9M20xas long as short
GRVT TQQQ_USDT_Perp0.0000%8h79.161+0.007%$1K$101K10xas long as short
HTX TQQQ-USDT0.0000%8h79.240+0.107%$14K$10K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_TQQQ_USDC_mythos+0.0100%8h79.140−0.019%$510xas long as short