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

TQQQ

RWAall TQQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC−0.0049%/8h= −5.4% APRnext payment $0.49 per $10,000 · paid last 24h +0.009%
Price spread now: KuCoin against Bitget−0.038%7-day average −0.058% · 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 7 days+0.049%+$5 on $10k
Price spread, last 4 days (all we have)+0.038%+$4 · spread now −0.038%, 7d avg −0.058%
Together, before fees+0.087%+$9 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.020% dearer against Bitget than usual: you sell high and buy low (spread −0.038% now, against its 7-day average of −0.058%): +$2 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 33 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget TQQQUSDT78.380−0.0019get 0.0019% / 8h7h 35m$7.4M$2.9M20x
ShortKuCoin TQQQUSDTM78.350−0.0068pay 0.0068% / 8h7h 35m$178K$481K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$10.29
Price spread: −0.038% → −0.058%
$2.01
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$32.28
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 3 min ago; KuCoin: live order book, 39 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 Bitget live order book, 3 min ago0.64 bp9.8 bp −$1027.9 bp −$27967.1 bp −$6,705doesn't fit
Sell KuCoin live order book, 39 min ago5.71 bpdoesn't fitdoesn't fitdoesn'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 TQQQUSDTMshort−0.0068%8h78.350−0.038%$178K$481K10x
BloFin TQQQ-USDT−0.0026%8h78.360−0.026%$151K$33K20xas long as short
Bitget TQQQUSDTlong−0.0019%8h78.380long leg$7.4M$2.9M20x
Aster TQQQUSDT0.0000%8h78.450+0.089%$69K$146K20xas long as short
Binance TQQQUSDT0.0000%8h78.350−0.038%$17.3M$49.9M20xas long as short
Bybit TQQQUSDT0.0000%8h78.390+0.013%$2.4M$6.8M25xas long as short
OKX TQQQ-USDT-SWAP0.0000%8h78.370−0.013%$2.2M$6.0M10xas long as short
MEXC TQQQ_USDT0.0000%8h78.360−0.026%$1.8M$279K20xas long as short
GRVT TQQQ_USDT_Perp0.0000%8h78.400+0.026%$2K$109K10xas long as short
HTX TQQQ-USDT0.0000%8h78.320−0.077%$14K$16K50xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_TQQQ_USDC_mythos+0.0100%8h78.370−0.013%$510xas long as short