QQQ

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0277%/8h= −30.4% APRnext payment −$0.35 per $10,000 · paid last 24h −0.052%

Price spread now: Ondo Perps against GMX−0.229%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on GMX Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Ondo Perps is 0.229% cheaper against GMX than usual: you would sell low and buy high (−$23 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX QQQ/USD [ETH-USDC]	744.09	L −0.0081% / S +0.0190%	get 0.0010% / 1h	51m 45s	$25K	—	26x
Short	Ondo Perps QQQ-USD.P	742.38	−0.0358	pay 0.0045% / 1h	51m 45s	$4.2M	$2.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against GMX. 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

Position, each leg$Hold fordaysFee GMXbpFee Ondo PerpsbpOrdersPrice spread, now −0.229%Rate

Funding earned: −$58.23
Price spread: −0.229% → 0.000%: −$22.91
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$98.14
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; 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 GMX no order-book sample	—	—	—	—	—
Sell Ondo Perps no order-book sample	—	—	—	—	—

GMX and 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
Ondo Perps QQQ-USD.Pshort	−0.0358%	1h	742.38	−0.229%	$4.2M	$2.0M	20x
GMX QQQ/USD [ETH-USDC]long	L −0.0081% / S +0.0190%	1h	744.09	long leg	$25K	—	26x
BloFin QQQ-USDT	−0.0022%	8h	743.81	−0.037%	$1.0M	$318K	20x	as long as short
Aster QQQUSDT	0.0000%	8h	743.63	−0.061%	$841K	$757K	20x	as long as short
OKX QQQ-USDT-SWAP	0.0000%	8h	743.84	−0.033%	$21.5M	$25.4M	50x	as long as short
Gate QQQ_USDT	0.0000%	8h	743.57	−0.069%	$3.2M	$26.3M	50x	as long as short
SunX QQQ-USDT	0.0000%	8h	744.48	+0.053%	$2K	$2.3M	10x	as long as short
HTX QQQ-USDT	0.0000%	8h	743.14	−0.127%	$257K	$28K	30x	as long as short
Phemex QQQUSDT	0.0000%	8h	744.20	+0.015%	$362K	$1.4M	10x	as long as short
Bybit QQQUSDT	+0.0022%	8h	744.08	−0.001%	$10.7M	$4.9M	50x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter QQQ	+0.0032%	1h	743.90	−0.025%	$7.6M	$18.1M	30x	as long as short
Lighter RH QQQ	+0.0032%	1h	744.17	+0.011%	$37.4M	$78.7M	50x	as long as short
Variational Omni QQQ	+0.0040%	8h	743.83	−0.034%	$17.1M	$10.8M	—	as long as short
Arcus QQQ-USD	+0.0040%	1h	743.08	−0.135%	$746K	$1.5M	25x	as long as short
Vest QQQ-USD-PERP	+0.0046%	1h	744.54	+0.061%	—	$388K	50x	as long as short
Coinbase International QQQ-PERP-INTX	+0.0064%	1h	743.51	−0.077%	$1.2M	$624K	20x	as long as short
Binance QQQUSDT	+0.0068%	8h	744.06	−0.003%	$71.0M	$155.6M	25x	as long as short
KuCoin QQQUSDTM	+0.0100%	8h	743.67	−0.056%	$3.4M	$413K	20x	as long as short
ApeX Omni QQQUSDT	+0.0100%	1h	743.44	−0.087%	$20K	$2.2M	50x	as long as short
Orderly PERP_QQQ_USDC_mythos	+0.0100%	8h	743.75	−0.045%	$12K	$21K	20x	as long as short
Aevo QQQ-PERP	+0.0104%	1h	743.39	−0.094%	$93K	$1K	10x	as long as short
GRVT QQQ_USDT_Perp	+0.0116%	8h	743.95	−0.018%	$316K	$1.8M	10x	as long as short
Nado QQQ-PERP	+0.0116%	1h	743.56	−0.070%	$1.5M	$1.2M	20x	as long as short
Deribit QQQ_USDC-PERPETUAL	+0.0167%	1h	743.91	−0.024%	$425K	$147K	20x	as long as short
Bitget QQQUSDT	+0.0171%	8h	744.05	−0.005%	$16.9M	$6.6M	20x	as long as short
RISEx QQQ/USDC	+0.0208%	1h	743.94	−0.020%	$5.6M	$9.0M	25x	as long as short
Phoenix QQQ	+0.0258%	1h	743.43	−0.088%	$38K	$66K	20x	as long as short
edgeX QQQUSDC	+0.0662%	4h	743.73	−0.047%	$760K	$335K	20x	as long as short