Funding you earn now, next payment 02:00 UTC+0.0065%/8h= +7.1% APRpaid last 24h +0.088%
Price spread now: Bitget against Ondo Perps+0.128%7-day average +0.232% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.365%+$36 on $10k
+Price spread, last 7 days+0.137%+$14 · spread now +0.128%, 7d avg +0.232%
=Together, before fees+0.502%+ Points / potential airdropOndo Perps: Active · farm board+$50 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bitget is 0.104% cheaper against Ondo Perps than usual: you would sell low and buy high (spread +0.128% now, against its 7-day average of +0.232%). If the spread goes back, that is −$10 on $10k: about 5.4 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.365% in total) that is about 2.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps QQQ-USD.P | 743.56 | −0.0065 | get 0.0008% / 1h | 2m 11s | $4.2M | $1.9M | 20x |
| Short | Bitget QQQUSDT | 744.51 | 0 | get 0.0000% / 8h | 6h 02m | $16.9M | $5.8M | 20x |
Ondo Perps QQQ-USD.P
Bitget QQQUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $13.61
- Price spread: +0.128% → +0.232%
- −$10.44
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$13.83
- Costs to cover
- 0.170%
- Break-even
- 14.1 days
Slippage unknown: Ondo Perps: no order-book sample; Bitget: live order book, 2 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 Bitget live order book, 2 min ago | 0.07 bp | 6.6 bp −$7 | 8.3 bp −$83 | 12.1 bp −$1,210 | 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 27 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 −0.0104% / S +0.0208% | 1h | 744.47 | +0.122% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.Plong | −0.0065% | 1h | 743.56 | long leg | $4.2M | $1.9M | 20x | |
| Bybit QQQUSDT | 0.0000% | 8h | 744.33 | +0.104% | $10.7M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 744.33 | +0.104% | $21.7M | $26.3M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 744.01 | +0.061% | $3.3M | $24.0M | 50x | as long as short |
| Bitget QQQUSDTshort | 0.0000% | 8h | 744.51 | +0.128% | $16.9M | $5.8M | 20x | |
| SunX QQQ-USDT | 0.0000% | 8h | 744.79 | +0.165% | $2K | $2.0M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 744.58 | +0.137% | $257K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 744.79 | +0.165% | $359K | $1.4M | 10x | as long as short |
| Aster QQQUSDT | +0.0002% | 8h | 744.42 | +0.116% | $841K | $713K | 20x | as long as short |
GMX QQQ/USD [ETH-USDC]
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDT
Aster QQQUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX QQQUSDC | +0.0016% | 4h | 744.30 | +0.100% | $761K | $334K | 20x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 744.23 | +0.090% | $7.7M | $17.8M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 744.65 | +0.147% | $37.4M | $80.6M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 743.45 | −0.015% | $705K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 745.35 | +0.241% | — | $337K | 50x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0048% | 1h | 743.65 | +0.012% | $1.2M | $533K | 20x | as long as short |
| Variational Omni QQQ | +0.0055% | 8h | 744.30 | +0.100% | $17.1M | $7.6M | — | as long as short |
| Binance QQQUSDT | +0.0079% | 8h | 744.46 | +0.121% | $71.2M | $145.5M | 25x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 744.08 | +0.070% | $3.4M | $412K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 743.98 | +0.056% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 744.20 | +0.086% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 743.66 | +0.013% | $93K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0121% | 1h | 743.96 | +0.053% | $1.5M | $934K | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0167% | 1h | 744.24 | +0.091% | $425K | $149K | 20x | as long as short |
| RISEx QQQ/USDC | +0.0168% | 1h | 744.37 | +0.109% | $5.4M | $8.0M | 25x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0181% | 8h | 744.45 | +0.120% | $322K | $1.9M | 10x | as long as short |
| Phoenix QQQ | +0.0183% | 1h | 743.99 | +0.058% | $38K | $66K | 20x | as long as short |
edgeX QQQUSDC
Lighter QQQ
Lighter RH QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
Coinbase International QQQ-PERP-INTX
Variational Omni QQQ
Binance QQQUSDT
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Nado QQQ-PERP
Deribit QQQ_USDC-PERPETUAL
RISEx QQQ/USDC
GRVT QQQ_USDT_Perp
Phoenix QQQ