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 0.000%
Price spread now: Bybit against Bitget+0.025%7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$420.416% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.081%−$8 on $10k
Price spread, last 7 days−0.028%−$3 · spread now +0.025%, 7d avg −0.005%
Together, before fees−0.109%−$11 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.030% dearer against Bitget than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.005%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget TQQQUSDT79.2700get 0.0000% / 8h2h 05m$7.6M$2.9M20x
ShortBybit TQQQUSDT79.2900get 0.0000% / 8h2h 05m$2.5M$7.1M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Bitget. 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: +0.025% → −0.005%
$3.03
Slippage, 4 orders
−$18.64
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$38.62
Costs to cover
0.416%
Break-even
never at this rate
Slippage from Bitget: live order book, 3 min ago; Bybit: live order book, 2 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 Bitget live order book, 3 min ago0.63 bp9.8 bp −$1024.2 bp −$24261.7 bp −$6,170doesn't fit
Sell Bybit live order book, 2 min ago1.26 bp10.7 bp −$1158.1 bp −$581doesn'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−0.0041%8h79.170−0.126%$181K$562K10xas long as short
Aster TQQQUSDT0.0000%8h79.162−0.136%$70K$146K20xas long as short
Binance TQQQUSDT0.0000%8h79.255−0.019%$18.2M$49.7M20xas long as short
Bybit TQQQUSDTshort0.0000%8h79.290+0.025%$2.5M$7.1M25x
OKX TQQQ-USDT-SWAP0.0000%8h79.250−0.025%$2.1M$6.0M10xas long as short
MEXC TQQQ_USDT0.0000%8h79.250−0.025%$1.5M$227K20xas long as short
Bitget TQQQUSDTlong0.0000%8h79.270long leg$7.6M$2.9M20x
GRVT TQQQ_USDT_Perp0.0000%8h79.280+0.013%$1K$107K10xas long as short
HTX TQQQ-USDT0.0000%8h79.230−0.050%$14K$16K10xas long as short
BloFin TQQQ-USDT+0.0017%8h79.2700.000%$145K$32K20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_TQQQ_USDC_mythos+0.0100%8h79.260−0.013%$510xas long as short