TQQQ Funding Rate — 3× Nasdaq-100 ETF tokenized stock perpetuals across 6 venues

Tokenized stock (xStock) perpetual · compared across 6 venues · net of estimated fees · updated every few minutes

TQQQ is a perpetual linked to the 3× Nasdaq-100 ETF index/ETF, traded on-chain as a tokenized xStock. Perpia compares its annualized funding across venues and the best delta-neutral spread.

Live annualized TQQQ perpetual funding across all 6 venues Perpia tracks. Right now TQQQ funding is positive on 5 and negative on 0, ranging from +47.2% on Bitget to +0.0% on Aster — a spread of 47.2%. The widest delta-neutral trade is long Aster / short Bitget at 43.1% net APR.

venues

paying positive

47.2%

funding spread

Best TQQQ spread now

43.1%

net APR after fees

Long Aster→Short Bitget

size depends on live venue depth — see the real cap in the scanner

TQQQ funding trend & liquidity

168h of history

47.2%

current gross APR

13.7%

24h average

8.3%

7-day average

$56K

pair OI · lower leg

$204K

24h volume · lower leg

Averages are historical funding over the window shown. A current rate near the 7-day average may indicate the spread has persisted; a rate far above it is usually a short-lived spike. OI and volume are the smaller (binding) leg of the best pair — the ceiling on tradeable size.

TQQQ funding rate history

30d · 6h buckets · 6 venues

64.1%0-65.8%

4 Aug3 Sep

TQQQ — average across 6 venuesAsterBitgetKuCoinMEXC

Annualized funding, averaged into 6-hour buckets. The bold line is the mean across venues quoting in that bucket; the faint lines are individual venues. Mean over the window: +2.5%. A break in a line means no data was recorded for that stretch, not a zero rate.

TQQQ funding rate by venue

13 pairs scanned

Venue	Funding APR	Interval
Bitget ↗	+47.2%	8h
OKX ↗	+28.9%	8h
KuCoin ↗	+27.7%	8h
MEXC ↗	+22.9%	8h
Bybit ↗	+8.2%	8h
Aster ↗	+0.0%	8h

Rates annualized; updated ~every few minutes from live venue data. Venue names link to that exchange's full funding table; ↗ opens the market on the exchange itself. Every spread between these two venues is on the Aster vs Bitget page.

TQQQ arbitrage — 30-day backtest

long Aster · short Bitget

4.6%

backtested APR

+$37

historical net P&L on $10,000

0.01%

max drawdown

$10,000$10,037

30 days agostarting capital $10,000today

Over the last 30 days, holding long Aster / short Bitget would have produced 4.6% APR — versus the 43.1% the live spread implies right now (equity $10,000 → $10,037). This is a backtest on historical funding, not a live result: funding drifts and decays, so backtested results rarely match the current headline rate — which is why size and holding window matter more than the top-line number.

Open full interactive backtest →

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TQQQ funding — FAQ

Is TQQQ funding positive right now?

TQQQ perpetual funding is positive on 5 of 6 venues Perpia tracks. The highest is +47.2% on Bitget; the lowest is +0.0% on Aster.

What is the best TQQQ funding arbitrage right now?

Go long Aster and short Bitget for about 43.1% net APR after fees — the widest delta-neutral TQQQ spread Perpia currently sees.

Which exchange has the highest TQQQ funding rate?

Bitget, at +47.2% annualized. Funding shifts continuously, so check the live table above before trading.

How TQQQ funding arbitrage works

Funding arbitrage combines opposing positions on two venues — long the one paying the most negative funding, short the one paying the most positive — to reduce directional exposure and capture the difference between their funding payments. Fees, slippage, basis divergence and liquidation risk can reduce the result. See the methodology for how it is measured and the guide for the full walkthrough.

Related tokenized stocks

See the full list on the tokenized stocks hub.

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