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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC−0.0054%/8h= −6.0% APRpaid last 24h −0.020%
Price spread now: Ondo Perps against Gate−0.101%7-day average −0.187% · 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−0.210%−$21 on $10k
Price spread, last 7 days−0.174%−$17 · spread now −0.101%, 7d avg −0.187%
Together, before fees−0.384%+ Points / potential airdropOndo Perps: Active · farm board−$38 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Ondo Perps is 0.085% dearer against Gate than usual: you sell high and buy low (spread −0.101% now, against its 7-day average of −0.187%): +$9 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 5.2 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate QQQ_USDT741.070get 0.0000% / 8h6h 54m$3.5M$19.7M50x
ShortOndo Perps QQQ-USD.P740.32−0.0054pay 0.0007% / 1h54m 37s$4.2M$1.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Gate. 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
−$11.42
Price spread: −0.101% → −0.187%
$8.53
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$22.89
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Gate: 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
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 4 min ago1.48 bp10.6 bp −$1116.4 bp −$164doesn'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 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 −0.0192% / S +0.0277%1h741.62+0.074%$25K26xas long as short
Ondo Perps QQQ-USD.Pshort−0.0054%1h740.32−0.101%$4.2M$1.8M20x
BloFin QQQ-USDT−0.0008%8h741.51+0.059%$1.1M$279K20xas long as short
Aster QQQUSDT0.0000%8h741.63+0.076%$856K$902K20xas long as short
OKX QQQ-USDT-SWAP0.0000%8h741.33+0.035%$21.6M$30.1M50xas long as short
RISEx QQQ/USDC0.0000%1h741.49+0.057%$5.4M$5.7M25xas long as short
Gate QQQ_USDTlong0.0000%8h741.07long leg$3.5M$19.7M50x
Bitget QQQUSDT0.0000%8h741.62+0.074%$16.7M$5.3M20xas long as short
SunX QQQ-USDT0.0000%8h742.44+0.185%$2K$1.6M10xas long as short
HTX QQQ-USDT0.0000%8h742.48+0.190%$251K$38K30xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex QQQUSDT0.0000%8h741.97+0.121%$361K$1.6M10xas long as short
Variational Omni QQQ+0.0029%8h741.96+0.120%$16.8M$7.3Mas long as short
Lighter QQQ+0.0032%1h741.11+0.005%$7.6M$14.7M30xas long as short
Lighter RH QQQ+0.0032%1h741.53+0.062%$38.3M$76.8M50xas long as short
Coinbase International QQQ-PERP-INTX+0.0032%1h741.63+0.076%$1.2M$512K20xas long as short
Arcus QQQ-USD+0.0040%1h740.72−0.047%$647K$1.4M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h742.58+0.204%$337K50xas long as short
Binance QQQUSDT+0.0055%8h741.54+0.063%$70.9M$141.9M25xas long as short
Bybit QQQUSDT+0.0079%8h741.63+0.076%$10.6M$5.0M50xas long as short
KuCoin QQQUSDTM+0.0100%8h741.16+0.012%$3.4M$414K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h741.74+0.090%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h741.46+0.053%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h740.85−0.029%$92K$1K10xas long as short
Nado QQQ-PERP+0.0145%1h741.38+0.042%$1.6M$744K20xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0182%1h741.25+0.024%$423K$126K20xas long as short
Phoenix QQQ+0.0248%1h741.73+0.089%$38K$59K20xas long as short
GRVT QQQ_USDT_Perp+0.0277%8h742.31+0.167%$315K$2.0M10xas long as short
edgeX QQQUSDC+0.0704%4h741.86+0.107%$759K$335K20xas long as short