Funding you earn now, next payment 07:00 UTC+0.0066%/8h= +7.2% APRnext payment +$0.08 per $10,000 · paid last 24h +0.048%
Price spread now: Deribit against Ondo Perps+0.124%7-day average +0.139% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)+0.188%+$19 on $10k
+Price spread, last 4 days (all we have)−0.003%$0 · spread now +0.124%, 7d avg +0.139%
=Together, before fees+0.185%+ Points / potential airdropOndo Perps: Active · farm board+$18 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.139%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps QQQ-USD.P | 741.01 | −0.0033 | get 0.0004% / 1h | 49m 58s | $4.2M | $1.8M | 20x |
| Short | Deribit QQQ_USDC-PERPETUAL | 741.93 | 0.0033 | get 0.0004% / 1h | 49m 58s | $424K | $153K | 20x |
Ondo Perps QQQ-USD.P
Deribit QQQ_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $13.85
- Price spread: +0.124% → +0.139%
- −$1.47
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $0.37
- Costs to cover
- 0.120%
- Break-even
- 6.8 days
Slippage unknown: Ondo Perps: no order-book sample; Deribit: live order book, 59 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 Deribit live order book, 59 min ago | 0.07 bp | 3.6 bp −$4 | 5.8 bp −$58 | doesn't fit | 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 −0.0156% / S +0.0249% | 1h | 742.37 | +0.183% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.Plong | −0.0033% | 1h | 741.01 | long leg | $4.2M | $1.8M | 20x | |
| BloFin QQQ-USDT | −0.0012% | 8h | 742.07 | +0.143% | $1.1M | $278K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 742.28 | +0.171% | $823K | $858K | 20x | as long as short |
| Binance QQQUSDT | 0.0000% | 8h | 742.39 | +0.186% | $70.2M | $145.5M | 25x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 742.39 | +0.186% | $10.6M | $5.2M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 742.18 | +0.158% | $21.5M | $28.3M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 742.21 | +0.161% | $5.4M | $6.3M | 25x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 741.69 | +0.092% | $3.3M | $21.5M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 742.53 | +0.205% | $16.6M | $5.6M | 20x | as long as short |
GMX QQQ/USD [ETH-USDC]
BloFin QQQ-USDT
Aster QQQUSDT
Binance QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Gate QQQ_USDT
Bitget QQQUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni QQQ | 0.0000% | 8h | 742.22 | +0.164% | $16.9M | $7.3M | — | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 742.81 | +0.243% | $2K | $1.8M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 742.60 | +0.215% | $251K | $41K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 742.53 | +0.205% | $365K | $1.6M | 10x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0016% | 1h | 741.73 | +0.097% | $1.2M | $551K | 20x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 742.11 | +0.148% | $7.6M | $15.4M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 742.48 | +0.198% | $36.9M | $79.6M | 50x | as long as short |
| Deribit QQQ_USDC-PERPETUALshort | +0.0033% | 1h | 741.93 | +0.124% | $424K | $153K | 20x | |
| Arcus QQQ-USD | +0.0040% | 1h | 741.34 | +0.045% | $686K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 743.20 | +0.296% | — | $337K | 50x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 741.96 | +0.128% | $3.4M | $352K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 741.86 | +0.115% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 742.04 | +0.139% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 741.53 | +0.070% | $92K | $1K | 10x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0105% | 8h | 742.52 | +0.204% | $318K | $2.0M | 10x | as long as short |
| Nado QQQ-PERP | +0.0142% | 1h | 741.79 | +0.105% | $1.5M | $749K | 20x | as long as short |
| Phoenix QQQ | +0.0205% | 1h | 741.83 | +0.111% | $38K | $66K | 20x | as long as short |
| edgeX QQQUSDC | +0.0513% | 4h | 742.27 | +0.171% | $759K | $335K | 20x | as long as short |
Variational Omni QQQ
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDT
Coinbase International QQQ-PERP-INTX
Lighter QQQ
Lighter RH QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
GRVT QQQ_USDT_Perp
Nado QQQ-PERP
Phoenix QQQ
edgeX QQQUSDC