Funding you earn now, next payment 10:00 UTC+0.0047%/8h= +5.2% APRpaid last 24h +0.020%
Price spread now: Gate against Ondo Perps+0.100%7-day average +0.187% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.210%+$21 on $10k
+Price spread, last 7 days+0.176%+$18 · spread now +0.100%, 7d avg +0.187%
=Together, before fees+0.385%+ Points / potential airdropOndo Perps: Active · farm board+$39 on $10k · with fees, hour by hour
Funding pays, the price is against you. Gate is 0.087% cheaper against Ondo Perps than usual: you would sell low and buy high (spread +0.100% now, against its 7-day average of +0.187%). If the spread goes back, that is −$9 on $10k: about 6.1 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.210% in total) that is about 2.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps QQQ-USD.P | 740.71 | −0.0047 | get 0.0006% / 1h | 55m 59s | $4.2M | $1.8M | 20x |
| Short | Gate QQQ_USDT | 741.45 | 0 | get 0.0000% / 8h | 6h 55m | $3.5M | $19.7M | 50x |
Ondo Perps QQQ-USD.P
Gate QQQ_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $9.91
- Price spread: +0.100% → +0.187%
- −$8.66
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$18.75
- Costs to cover
- 0.200%
- Break-even
- 20.2 days
Slippage unknown: Ondo Perps: no order-book sample; Gate: live order book, 3 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 Gate live order book, 3 min ago | 1.48 bp | 11.5 bp −$12 | 14.7 bp −$147 | 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 −0.0192% / S +0.0277% | 1h | 742.11 | +0.188% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.Plong | −0.0047% | 1h | 740.71 | long leg | $4.2M | $1.8M | 20x | |
| BloFin QQQ-USDT | −0.0007% | 8h | 741.88 | +0.158% | $1.1M | $281K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 742.01 | +0.176% | $857K | $902K | 20x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 741.74 | +0.139% | $21.6M | $30.1M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 742.00 | +0.174% | $5.4M | $5.7M | 25x | as long as short |
| Gate QQQ_USDTshort | 0.0000% | 8h | 741.45 | +0.100% | $3.5M | $19.7M | 50x | |
| Bitget QQQUSDT | 0.0000% | 8h | 742.04 | +0.180% | $16.5M | $5.3M | 20x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 742.62 | +0.258% | $2K | $1.6M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 742.48 | +0.239% | $251K | $38K | 30x | as long as short |
GMX QQQ/USD [ETH-USDC]
BloFin QQQ-USDT
Aster QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Bitget QQQUSDT
SunX QQQ-USDT
HTX QQQ-USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex QQQUSDT | 0.0000% | 8h | 742.39 | +0.227% | $362K | $1.6M | 10x | as long as short |
| Variational Omni QQQ | +0.0029% | 8h | 741.96 | +0.169% | $16.8M | $7.3M | — | as long as short |
| Lighter QQQ | +0.0032% | 1h | 741.82 | +0.150% | $7.6M | $14.7M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 742.21 | +0.203% | $38.3M | $76.8M | 50x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0032% | 1h | 741.63 | +0.124% | $1.2M | $512K | 20x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 741.38 | +0.090% | $647K | $1.4M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 742.98 | +0.306% | — | $337K | 50x | as long as short |
| Binance QQQUSDT | +0.0055% | 8h | 741.91 | +0.162% | $70.9M | $142.0M | 25x | as long as short |
| Bybit QQQUSDT | +0.0082% | 8h | 742.05 | +0.181% | $10.6M | $5.0M | 50x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 741.66 | +0.128% | $3.4M | $413K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 741.48 | +0.104% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 741.86 | +0.155% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 741.26 | +0.074% | $92K | $1K | 10x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0128% | 1h | 741.75 | +0.140% | $424K | $125K | 20x | as long as short |
| Nado QQQ-PERP | +0.0144% | 1h | 741.70 | +0.134% | $1.6M | $745K | 20x | as long as short |
| Phoenix QQQ | +0.0248% | 1h | 741.73 | +0.138% | $38K | $59K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0282% | 8h | 742.11 | +0.189% | $315K | $2.0M | 10x | as long as short |
| edgeX QQQUSDC | +0.0446% | 4h | 742.01 | +0.175% | $759K | $334K | 20x | as long as short |
Phemex QQQUSDT
Variational Omni QQQ
Lighter QQQ
Lighter RH QQQ
Coinbase International QQQ-PERP-INTX
Arcus QQQ-USD
Vest QQQ-USD-PERP
Binance QQQUSDT
Bybit QQQUSDT
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Deribit QQQ_USDC-PERPETUAL
Nado QQQ-PERP
Phoenix QQQ
GRVT QQQ_USDT_Perp
edgeX QQQUSDC