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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0065%/8h= −7.1% APRpaid last 24h −0.088%
Price spread now: Ondo Perps against Bitget−0.122%7-day average −0.232% · 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−0.365%−$36 on $10k
Price spread, last 7 days−0.143%−$14 · spread now −0.122%, 7d avg −0.232%
Together, before fees−0.507%+ Points / potential airdropOndo Perps: Active · farm board−$51 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Ondo Perps is 0.110% dearer against Bitget than usual: you sell high and buy low (spread −0.122% now, against its 7-day average of −0.232%): +$11 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 5.7 days. At the pace of the last 7 days (−0.365% in total) that is about 2.1 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget QQQUSDT744.470get 0.0000% / 8h6h 03m$16.9M$5.8M20x
ShortOndo Perps QQQ-USD.P743.56−0.0065pay 0.0008% / 1h3m 20s$4.2M$1.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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
−$13.61
Price spread: −0.122% → −0.232%
$10.99
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$19.62
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 5 min ago; Ondo Perps: no order-book sample. 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, 5 min ago0.07 bp6.8 bp −$79.3 bp −$93doesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

QQQ on 27 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
GMX QQQ/USD [ETH-USDC]L −0.0104% / S +0.0208%1h744.32−0.021%$25K26xas long as short
Ondo Perps QQQ-USD.Pshort−0.0065%1h743.56−0.122%$4.2M$1.9M20x
Bybit QQQUSDT0.0000%8h744.37−0.013%$10.7M$5.0M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h744.28−0.026%$21.7M$26.3M50xas long as short
Gate QQQ_USDT0.0000%8h743.91−0.075%$3.3M$23.9M50xas long as short
Bitget QQQUSDTlong0.0000%8h744.47long leg$16.9M$5.8M20x
SunX QQQ-USDT0.0000%8h744.82+0.047%$2K$2.0M10xas long as short
HTX QQQ-USDT0.0000%8h744.58+0.015%$257K$29K30xas long as short
Phemex QQQUSDT0.0000%8h744.73+0.035%$361K$1.4M10xas long as short
Aster QQQUSDT+0.0003%8h744.34−0.017%$841K$713K20xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX QQQUSDC+0.0016%4h744.30−0.022%$761K$334K20xas long as short
Lighter QQQ+0.0032%1h744.12−0.047%$7.7M$17.8M30xas long as short
Lighter RH QQQ+0.0032%1h744.57+0.013%$37.3M$80.6M50xas long as short
Arcus QQQ-USD+0.0040%1h743.48−0.133%$705K$1.6M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h745.27+0.107%$337K50xas long as short
Coinbase International QQQ-PERP-INTX+0.0048%1h743.65−0.110%$1.2M$533K20xas long as short
Variational Omni QQQ+0.0055%8h744.30−0.022%$17.1M$7.6Mas long as short
Binance QQQUSDT+0.0079%8h744.31−0.021%$71.1M$145.5M25xas long as short
KuCoin QQQUSDTM+0.0100%8h744.00−0.063%$3.4M$412K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h743.98−0.066%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h744.07−0.054%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h743.51−0.129%$93K$1K10xas long as short
Nado QQQ-PERP+0.0121%1h743.98−0.066%$1.5M$946K20xas long as short
RISEx QQQ/USDC+0.0168%1h744.36−0.015%$5.4M$8.0M25xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0180%1h744.19−0.038%$425K$149K20xas long as short
GRVT QQQ_USDT_Perp+0.0181%8h744.45−0.003%$322K$1.9M10xas long as short
Phoenix QQQ+0.0183%1h743.99−0.064%$38K$66K20xas long as short