Funding you earn now, next payment 06:00 UTC−0.0028%/8h= −3.1% APRpaid last 24h +0.040%
Price spread now: Aster against Ondo Perps+0.103%57s7-day average +0.184% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.275%+$28 on $10k
+Price spread, last 4 days (all we have)+0.070%+$7 · spread now +0.103%, 7d avg +0.184%
=Together, before fees+0.345%+ Points / potential airdropOndo Perps: Active · Aster: Stage 5 · farm board+$35 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Aster is 0.081% cheaper against Ondo Perps than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.184%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.275%, so the current rate has only just turned against you. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps QQQ-USD.P | 741.32 | 0.0028 | pay 0.0003% / 1h | 34m 46s | $4.2M | $1.8M | 20x |
| Short | Aster QQQUSDT | 742.08 | 0 | get 0.0000% / 8h | 2h 34m | $823K | $857K | 20x |
Ondo Perps QQQ-USD.P
Aster QQQUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Ondo Perps. 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
- −$5.88
- Price spread: +0.103% → +0.184%
- −$8.14
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$27.02
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Aster: live order book, 13 min ago. 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Aster live order book, 13 min ago | 0.88 bp | 5.0 bp −$5 | 8.4 bp −$84 | 30.6 bp −$3,056 | doesn't fit |
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 −0.0147% / S +0.0241% | 1h | 742.51 | +0.161% | $25K | — | 26x | as long as short |
| Aster QQQUSDTshort | 0.0000% | 8h | 742.08 | +0.103% | $823K | $857K | 20x | |
| Binance QQQUSDT | 0.0000% | 8h | 742.13 | +0.109% | $69.8M | $143.7M | 25x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 742.15 | +0.112% | $10.6M | $5.1M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 741.89 | +0.077% | $21.6M | $28.0M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 742.41 | +0.147% | $5.4M | $7.1M | 25x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 741.77 | +0.061% | $3.3M | $21.3M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 742.32 | +0.135% | $16.6M | $5.7M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 742.38 | +0.143% | $16.9M | $7.3M | — | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 742.96 | +0.221% | $2K | $1.9M | 10x | as long as short |
GMX QQQ/USD [ETH-USDC]
Binance QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Gate QQQ_USDT
Bitget QQQUSDT
Variational Omni QQQ
SunX QQQ-USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International QQQ-PERP-INTX | 0.0000% | 1h | 742.01 | +0.093% | $1.2M | $539K | 20x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 742.18 | +0.116% | $251K | $40K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 742.82 | +0.202% | $361K | $1.6M | 10x | as long as short |
| BloFin QQQ-USDT | +0.0006% | 8h | 742.26 | +0.127% | $1.1M | $247K | 20x | as long as short |
| Ondo Perps QQQ-USD.Plong | +0.0028% | 1h | 741.32 | long leg | $4.2M | $1.8M | 20x | |
| Lighter QQQ | +0.0032% | 1h | 741.97 | +0.088% | $7.7M | $15.6M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 742.35 | +0.139% | $36.8M | $79.3M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 741.33 | +0.001% | $698K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 743.42 | +0.283% | — | $337K | 50x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0080% | 8h | 742.68 | +0.183% | $320K | $2.0M | 10x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 741.82 | +0.067% | $3.4M | $355K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 742.15 | +0.112% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 742.20 | +0.119% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 741.67 | +0.047% | $92K | $1K | 10x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0127% | 1h | 742.25 | +0.125% | $424K | $152K | 20x | as long as short |
| Nado QQQ-PERP | +0.0127% | 1h | 742.10 | +0.105% | $1.5M | $763K | 20x | as long as short |
| Phoenix QQQ | +0.0129% | 1h | 741.82 | +0.067% | $38K | $66K | 20x | as long as short |
| edgeX QQQUSDC | +0.0619% | 4h | 742.36 | +0.140% | $759K | $335K | 20x | as long as short |
Coinbase International QQQ-PERP-INTX
HTX QQQ-USDT
Phemex QQQUSDT
BloFin QQQ-USDT
Lighter QQQ
Lighter RH QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
GRVT QQQ_USDT_Perp
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Deribit QQQ_USDC-PERPETUAL
Nado QQQ-PERP
Phoenix QQQ
edgeX QQQUSDC