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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0038%/8h= +4.2% APRpaid last 24h −0.035%
Price spread now: Ondo Perps against HTX−0.133%7-day average −0.221% · 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−0.254%−$25 on $10k
Price spread, last 3 days (all we have)−0.007%−$1 · spread now −0.133%, 7d avg −0.221%
Together, before fees−0.261%+ Points / potential airdropOndo Perps: Active · farm board−$26 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Ondo Perps is 0.088% dearer against HTX than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.221%. Mind the row above: over the last 7 days funding on this pair cost −0.254%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX QQQ-USDT742.300get 0.0000% / 8h2h 00m$256K$32K30x
ShortOndo Perps QQQ-USD.P741.310.0038get 0.0005% / 1h0m 45s$4.2M$2.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against HTX. 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
$8.06
Price spread: −0.133% → −0.221%
$8.81
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$0.13
Costs to cover
0.170%
Break-even
7.1 days
Slippage unknown: HTX: live order book, 21 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 HTX live order book, 21 min ago2.69 bp8.7 bp −$99.9 bp −$99doesn'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 −0.0062% / S +0.0175%1h742.04−0.034%$25K26xas long as short
BloFin QQQ-USDT−0.0003%8h741.79−0.069%$1.0M$509K20xas long as short
OKX QQQ-USDT-SWAP0.0000%8h741.73−0.077%$21.3M$28.1M50xas long as short
Gate QQQ_USDT0.0000%8h741.68−0.084%$3.1M$33.3M50xas long as short
SunX QQQ-USDT0.0000%8h742.48+0.024%$1K$2.4M10xas long as short
Deribit QQQ_USDC-PERPETUAL0.0000%1h741.75−0.074%$424K$304K20xas long as short
HTX QQQ-USDTlong0.0000%8h742.30long leg$256K$32K30x
Phemex QQQUSDT0.0000%8h742.28−0.003%$360K$1.4M10xas long as short
Aster QQQUSDT+0.0013%8h741.87−0.058%$840K$780K20xas long as short
Arcus QQQ-USD+0.0025%1h741.33−0.131%$735K$1.5M25xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps QQQ-USD.Pshort+0.0038%1h741.31−0.133%$4.2M$2.2M20x
Vest QQQ-USD-PERP+0.0046%1h742.47+0.023%$621K50xas long as short
Variational Omni QQQ+0.0061%8h742.08−0.029%$17.2M$10.1Mas long as short
Coinbase International QQQ-PERP-INTX+0.0064%1h741.73−0.077%$1.2M$880K20xas long as short
Phoenix QQQ+0.0076%1h741.50−0.108%$38K$73K20xas long as short
Bybit QQQUSDT+0.0084%8h742.13−0.023%$10.7M$5.4M50xas long as short
edgeX QQQUSDC+0.0091%4h742.09−0.028%$759K$337K20xas long as short
Binance QQQUSDT+0.0094%8h742.03−0.036%$69.8M$164.8M25xas long as short
Lighter QQQ+0.0096%1h741.94−0.048%$7.8M$21.8M30xas long as short
KuCoin QQQUSDTM+0.0100%8h741.51−0.106%$3.4M$448K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h741.50−0.108%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h741.21−0.147%$7K$15K20xas long as short
Aevo QQQ-PERP+0.0104%1h741.44−0.115%$92K$1K10xas long as short
Lighter RH QQQ+0.0112%1h742.27−0.004%$37.6M$83.6M50xas long as short
GRVT QQQ_USDT_Perp+0.0185%8h742.17−0.018%$316K$1.7M10xas long as short
RISEx QQQ/USDC+0.0212%1h742.20−0.013%$5.4M$9.3M25xas long as short
Bitget QQQUSDT+0.0229%8h742.02−0.038%$16.7M$7.8M20xas long as short
Nado QQQ-PERP+0.0242%1h741.49−0.109%$1.5M$1.3M20xas long as short