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 −0.022%
Price spread now: Binance against OKX−0.010%7-day average −0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$300.304% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.074%−$7 on $10k
Price spread, last 2 days (all we have)+0.004%$0 · spread now −0.010%, 7d avg −0.045%
Together, before fees−0.069%−$7 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: Binance is 0.035% dearer against OKX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.045%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX TQQQ-USDT-SWAP79.6700get 0.0000% / 8h6h 57m$2.5M$5.1M10x
ShortBinance TQQQUSDT79.6620get 0.0000% / 8h6h 57m$18.3M$48.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against OKX. 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: −0.010% → −0.045%
$3.52
Slippage, 4 orders
−$10.4
Fee OKX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$26.88
Costs to cover
0.304%
Break-even
never at this rate
Slippage from OKX: live order book, 5 min ago; Binance: live order book, 15 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 OKX live order book, 5 min ago0.63 bp8.8 bp −$939.4 bp −$394doesn't fitdoesn't fit
Sell Binance live order book, 15 min ago0.63 bp6.0 bp −$612.2 bp −$12274.8 bp −$7,483189.0 bp −$94.5K

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
BloFin TQQQ-USDT−0.0027%8h79.750+0.100%$165K$30K20xas long as short
Aster TQQQUSDT0.0000%8h79.759+0.111%$70K$145K20xas long as short
Binance TQQQUSDTshort0.0000%8h79.662−0.010%$18.3M$48.5M20x
Bybit TQQQUSDT0.0000%8h79.700+0.038%$3.2M$6.5M25xas long as short
OKX TQQQ-USDT-SWAPlong0.0000%8h79.670long leg$2.5M$5.1M10x
MEXC TQQQ_USDT0.0000%8h79.720+0.063%$1.6M$234K20xas long as short
Bitget TQQQUSDT0.0000%8h79.690+0.025%$7.7M$2.9M20xas long as short
GRVT TQQQ_USDT_Perp0.0000%8h79.740+0.088%$1K$100K10xas long as short
HTX TQQQ-USDT0.0000%8h79.6700.000%$13K$4K10xas long as short
KuCoin TQQQUSDTM+0.0067%8h79.660−0.013%$181K$820K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_TQQQ_USDC_mythos+0.0100%8h79.700+0.038%$510xas long as short