Funding you earn now, next payment 02:00 UTC−0.0106%/8h= −11.7% APRnext payment −$0.13 per $10,000 · paid last 24h −0.053%
Price spread now: Ondo Perps against Coinbase International−0.091%7-day average −0.133% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.479%−$48 on $10k
+Price spread, last 4 days (all we have)−0.247%−$25 · spread now −0.091%, 7d avg −0.133%
=Together, before fees−0.726%+ Points / potential airdropOndo Perps: Active · farm board−$73 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Ondo Perps is 0.042% dearer against Coinbase International than usual: you sell high and buy low (spread −0.091% now, against its 7-day average of −0.133%): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 32 hours. At the pace of the last 7 days (−0.479% in total) that is about 15 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International QQQ-PERP-INTX | 743.92 | 0.0032 | pay 0.0004% / 1h | 4m 47s | $1.2M | $535K | 20x |
| Short | Ondo Perps QQQ-USD.P | 743.24 | −0.0074 | pay 0.0009% / 1h | 4m 47s | $4.2M | $1.8M | 20x |
Coinbase International QQQ-PERP-INTX
Ondo Perps QQQ-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Coinbase International. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$22.34
- Price spread: −0.091% → −0.133%
- $4.2
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$33.15
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: live order book, 4 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Coinbase International live order book, 4 min ago | 0.07 bp | 6.3 bp −$6 | 7.8 bp −$78 | 34.0 bp −$3,397 | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GMX QQQ/USD [ETH-USDC] | L −0.0116% / S +0.0217% | 1h | 744.63 | +0.096% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.Pshort | −0.0074% | 1h | 743.24 | −0.091% | $4.2M | $1.8M | 20x | |
| Aster QQQUSDT | 0.0000% | 8h | 744.42 | +0.068% | $841K | $714K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 744.67 | +0.101% | $10.7M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 744.48 | +0.075% | $21.5M | $26.9M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 744.61 | +0.093% | $5.4M | $7.5M | 25x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 744.21 | +0.039% | $3.3M | $21.2M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 744.74 | +0.110% | $16.9M | $5.7M | 20x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 745.00 | +0.145% | $2K | $1.9M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 744.78 | +0.116% | $257K | $29K | 30x | as long as short |
GMX QQQ/USD [ETH-USDC]
Aster QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Gate QQQ_USDT
Bitget QQQUSDT
SunX QQQ-USDT
HTX QQQ-USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex QQQUSDT | 0.0000% | 8h | 744.96 | +0.140% | $360K | $1.5M | 10x | as long as short |
| BloFin QQQ-USDT | +0.0007% | 8h | 744.37 | +0.060% | $1.1M | $281K | 20x | as long as short |
| Variational Omni QQQ | +0.0018% | 8h | 744.37 | +0.060% | $17.1M | $7.5M | — | as long as short |
| Lighter QQQ | +0.0032% | 1h | 744.39 | +0.063% | $7.7M | $17.2M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 744.83 | +0.122% | $37.0M | $80.5M | 50x | as long as short |
| Coinbase International QQQ-PERP-INTXlong | +0.0032% | 1h | 743.92 | long leg | $1.2M | $535K | 20x | |
| Arcus QQQ-USD | +0.0040% | 1h | 743.58 | −0.046% | $695K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 745.55 | +0.219% | — | $337K | 50x | as long as short |
| Binance QQQUSDT | +0.0052% | 8h | 744.65 | +0.098% | $71.2M | $142.8M | 25x | as long as short |
| Nado QQQ-PERP | +0.0082% | 1h | 744.22 | +0.041% | $1.5M | $875K | 20x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 744.25 | +0.044% | $3.4M | $403K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 744.09 | +0.023% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 744.27 | +0.047% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 743.73 | −0.025% | $93K | $1K | 10x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0113% | 1h | 744.37 | +0.060% | $425K | $149K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0122% | 8h | 744.53 | +0.081% | $322K | $1.9M | 10x | as long as short |
| Phoenix QQQ | +0.0161% | 1h | 744.07 | +0.020% | $38K | $66K | 20x | as long as short |
| edgeX QQQUSDC | +0.0314% | 4h | 744.40 | +0.064% | $761K | $335K | 20x | as long as short |
Phemex QQQUSDT
BloFin QQQ-USDT
Variational Omni QQQ
Lighter QQQ
Lighter RH QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
Binance QQQUSDT
Nado QQQ-PERP
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Deribit QQQ_USDC-PERPETUAL
GRVT QQQ_USDT_Perp
Phoenix QQQ
edgeX QQQUSDC