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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0146%/8h= −15.9% APRpaid last 24h −0.029%
Price spread now: Ondo Perps against OKX−0.155%7-day average −0.203% · 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−0.264%−$26 on $10k
Price spread, last 7 days−0.103%−$10 · spread now −0.155%, 7d avg −0.203%
Together, before fees−0.367%+ Points / potential airdropOndo Perps: Active · farm board−$37 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Ondo Perps is 0.048% dearer against OKX than usual: you sell high and buy low (spread −0.155% now, against its 7-day average of −0.203%): +$5 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 26 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX QQQ-USDT-SWAP742.600get 0.0000% / 8h5h 27m$21.7M$30.3M50x
ShortOndo Perps QQQ-USD.P741.45−0.0146pay 0.0018% / 1h27m 38s$4.2M$1.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against OKX. 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
−$30.58
Price spread: −0.155% → −0.203%
$4.78
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$40.8
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: OKX: 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 OKX live order book, 4 min ago0.07 bp5.1 bp −$56.5 bp −$6512.2 bp −$1,221doesn'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 exchanges

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 −0.0202% / S +0.0285%1h742.90+0.041%$25K26xas long as short
Ondo Perps QQQ-USD.Pshort−0.0146%1h741.45−0.155%$4.2M$1.8M20x
Aster QQQUSDT0.0000%8h742.73+0.018%$856K$903K20xas long as short
OKX QQQ-USDT-SWAPlong0.0000%8h742.60long leg$21.7M$30.3M50x
RISEx QQQ/USDC0.0000%1h742.58−0.003%$5.4M$5.7M25xas long as short
Gate QQQ_USDT0.0000%8h742.27−0.044%$3.5M$19.9M50xas long as short
Bitget QQQUSDT0.0000%8h743.00+0.054%$17.0M$5.9M20xas long as short
SunX QQQ-USDT0.0000%8h743.28+0.092%$2K$1.5M10xas long as short
HTX QQQ-USDT0.0000%8h743.20+0.081%$247K$45K30xas long as short
Phemex QQQUSDT0.0000%8h743.04+0.059%$359K$1.6M10xas long as short
Show all 28 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin QQQ-USDT+0.0013%8h742.56−0.005%$1.1M$238K20xas long as short
Lighter QQQ+0.0032%1h742.28−0.043%$7.3M$16.3M30xas long as short
Lighter RH QQQ+0.0032%1h742.84+0.032%$38.8M$77.8M50xas long as short
Coinbase International QQQ-PERP-INTX+0.0032%1h742.10−0.067%$1.2M$540K20xas long as short
Arcus QQQ-USD+0.0040%1h741.63−0.131%$658K$1.4M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h743.56+0.129%$337K50xas long as short
Variational Omni QQQ+0.0055%8h742.56−0.005%$16.8M$6.9Mas long as short
Bybit QQQUSDT+0.0073%8h742.76+0.022%$10.6M$4.9M50xas long as short
Binance QQQUSDT+0.0078%8h742.85+0.033%$72.2M$146.6M25xas long as short
KuCoin QQQUSDTM+0.0100%8h742.34−0.035%$3.4M$484K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h742.21−0.053%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h742.43−0.023%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h741.99−0.083%$92K$1K10xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0127%1h742.39−0.028%$398K$108K20xas long as short
Nado QQQ-PERP+0.0144%1h742.28−0.043%$1.6M$772K20xas long as short
GRVT QQQ_USDT_Perp+0.0233%8h742.84+0.033%$323K$2.1M10xas long as short
Phoenix QQQ+0.0302%1h742.31−0.039%$38K$59K20xas long as short
edgeX QQQUSDC+0.0617%4h742.71+0.015%$759K$334K20xas long as short