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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0001%/8h= −0.1% APRpaid last 24h −0.059%
Price spread now: Ondo Perps against BloFin−0.088%7-day average −0.185% · 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−0.101%−$10 on $10k
Price spread, last 4 days (all we have)−0.101%−$10 · spread now −0.088%, 7d avg −0.185%
Together, before fees−0.202%+ Points / potential airdropOndo Perps: Active · farm board−$20 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: Ondo Perps is 0.097% dearer against BloFin than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.185%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin QQQ-USDT741.750.0004pay 0.0004% / 8h1h 24m$1.1M$271K20x
ShortOndo Perps QQQ-USD.P741.100.0002get 0.0000% / 1h24m 50s$4.2M$1.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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
−$0.27
Price spread: −0.088% → −0.185%
$9.74
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$7.54
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 2 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 BloFin live order book, 2 min ago0.07 bp6.1 bp −$67.6 bp −$7611.7 bp −$1,170doesn'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 28 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 −0.0161% / S +0.0252%1h742.09+0.045%$25K26xas long as short
Gate QQQ_USDT−0.0027%8h741.27−0.065%$3.3M$21.5M50xas long as short
Aster QQQUSDT0.0000%8h741.89+0.018%$823K$858K20xas long as short
Bybit QQQUSDT0.0000%8h741.88+0.018%$10.5M$5.2M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h741.76+0.001%$21.4M$28.4M50xas long as short
RISEx QQQ/USDC0.0000%1h741.76+0.001%$5.5M$6.3M25xas long as short
Bitget QQQUSDT0.0000%8h742.01+0.035%$16.6M$5.4M20xas long as short
Variational Omni QQQ0.0000%8h741.98+0.030%$16.9M$7.3Mas long as short
SunX QQQ-USDT0.0000%8h742.83+0.146%$2K$1.8M10xas long as short
HTX QQQ-USDT0.0000%8h742.14+0.053%$251K$41K30xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex QQQUSDT0.0000%8h742.15+0.054%$365K$1.6M10xas long as short
Ondo Perps QQQ-USD.Pshort+0.0002%1h741.10−0.088%$4.2M$1.8M20x
Binance QQQUSDT+0.0003%8h741.90+0.020%$70.0M$144.6M25xas long as short
BloFin QQQ-USDTlong+0.0004%8h741.75long leg$1.1M$271K20x
Coinbase International QQQ-PERP-INTX+0.0016%1h741.55−0.027%$1.2M$550K20xas long as short
Lighter QQQ+0.0032%1h741.72−0.004%$7.7M$15.5M30xas long as short
Lighter RH QQQ+0.0032%1h742.09+0.046%$37.0M$80.6M50xas long as short
Arcus QQQ-USD+0.0040%1h741.16−0.080%$686K$1.6M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h742.94+0.160%$337K50xas long as short
KuCoin QQQUSDTM+0.0100%8h741.47−0.038%$3.4M$353K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h741.57−0.024%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h741.68−0.009%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h741.20−0.074%$92K$1K10xas long as short
GRVT QQQ_USDT_Perp+0.0116%8h742.17+0.057%$322K$2.0M10xas long as short
Nado QQQ-PERP+0.0132%1h741.66−0.012%$1.5M$764K20xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0141%1h741.68−0.009%$424K$154K20xas long as short
Phoenix QQQ+0.0205%1h741.63−0.016%$38K$66K20xas long as short
edgeX QQQUSDC+0.0573%4h741.92+0.023%$759K$334K20xas long as short