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

TQQQ

RWAall TQQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0048%/8h= −5.2% APRnext payment $0.48 per $10,000 · paid last 24h +0.047%
Price spread now: KuCoin against BloFin−0.089%7-day average −0.048% · 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 5 days (all we have)+0.100%+$10 on $10k
Price spread, last 4 days (all we have)+0.004%$0 · spread now −0.089%, 7d avg −0.048%
Together, before fees+0.104%+$10 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and KuCoin is 0.041% cheaper against BloFin than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.048%). Swap the legs. Mind the row above: over the last 5 days funding on this pair paid +0.100%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin TQQQ-USDT78.850−0.0014get 0.0014% / 8h30m 56s$149K$33K20x
ShortKuCoin TQQQUSDTM78.780−0.0062pay 0.0062% / 8h30m 56s$179K$484K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against BloFin. 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
−$9.98
Price spread: −0.089% → −0.048%
−$4.06
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$38.04
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 39 min ago; KuCoin: live order book, 53 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 BloFin live order book, 39 min ago1.90 bp9.1 bp −$911.9 bp −$11940.1 bp −$4,009doesn't fit
Sell KuCoin live order book, 53 min ago11.41 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−0.0062%8h78.780−0.089%$179K$484K10x
Bitget TQQQUSDT−0.0045%8h78.840−0.013%$7.6M$2.9M20xas long as short
BloFin TQQQ-USDTlong−0.0014%8h78.850long leg$149K$33K20x
Aster TQQQUSDT0.0000%8h78.835−0.019%$70K$146K20xas long as short
Binance TQQQUSDT0.0000%8h78.800−0.063%$18.0M$48.9M20xas long as short
Bybit TQQQUSDT0.0000%8h78.830−0.025%$2.4M$6.9M25xas long as short
OKX TQQQ-USDT-SWAP0.0000%8h78.800−0.063%$2.2M$6.1M10xas long as short
MEXC TQQQ_USDT0.0000%8h78.810−0.051%$1.6M$246K20xas long as short
GRVT TQQQ_USDT_Perp0.0000%8h78.870+0.025%$2K$109K10xas long as short
HTX TQQQ-USDT0.0000%8h78.880+0.038%$14K$16K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_TQQQ_USDC_mythos+0.0100%8h78.830−0.025%$510xas long as short