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 −0.001%
Price spread now: OKX against Bitget−0.025%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$370.368% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.030%−$3 on $10k
Price spread, last 7 days+0.008%+$1 · spread now −0.025%, 7d avg 0.000%
Together, before fees−0.022%−$2 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: OKX is 0.026% cheaper against Bitget than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of 0.000%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget TQQQUSDT78.8300get 0.0000% / 8h1h 40m$7.6M$2.9M20x
ShortOKX TQQQ-USDT-SWAP78.8100get 0.0000% / 8h1h 40m$2.2M$6.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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% → 0.000%
−$2.57
Slippage, 4 orders
−$14.77
Fee Bitget: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$39.34
Costs to cover
0.368%
Break-even
never at this rate
Slippage from Bitget: live order book, 3 min ago; OKX: live order book, 3 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 bp9.6 bp −$1028.1 bp −$28166.5 bp −$6,655doesn't fit
Sell OKX live order book, 3 min ago0.63 bp8.5 bp −$929.7 bp −$297doesn'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−0.0061%8h78.850+0.025%$180K$538K10xas long as short
Aster TQQQUSDT0.0000%8h78.863+0.042%$70K$146K20xas long as short
Binance TQQQUSDT0.0000%8h78.807−0.029%$18.1M$50.0M20xas long as short
Bybit TQQQUSDT0.0000%8h78.870+0.051%$2.5M$7.0M25xas long as short
OKX TQQQ-USDT-SWAPshort0.0000%8h78.810−0.025%$2.2M$6.1M10x
MEXC TQQQ_USDT0.0000%8h78.870+0.051%$1.5M$225K20xas long as short
Bitget TQQQUSDTlong0.0000%8h78.830long leg$7.6M$2.9M20x
GRVT TQQQ_USDT_Perp0.0000%8h78.880+0.063%$2K$108K10xas long as short
HTX TQQQ-USDT0.0000%8h78.800−0.038%$14K$16K10xas long as short
BloFin TQQQ-USDT+0.0001%8h78.840+0.013%$148K$32K20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_TQQQ_USDC_mythos+0.0100%8h78.810−0.025%$510xas long as short