Funding you earn now, next payment 00:00 UTC−0.0232%/8h= −25.4% APRnext payment −$0.29 per $10,000 · paid last 24h +0.020%
Price spread now: GMX against Ondo Perps+0.188%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories
The price spread pays, funding is against you. GMX is 0.188% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.188% now, against zero (this spread has no 7-day history yet)): +$19 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 2.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps QQQ-USD.P | 742.08 | 0.0050 | pay 0.0006% / 1h | 45m 37s | $4.2M | $2.1M | 20x |
| Short | GMX QQQ/USD [ETH-USDC] | 743.48 | L −0.0070% / S +0.0181% | pay 0.0023% / 1h | 45m 37s | $25K | — | 26x |
Ondo Perps QQQ-USD.P
GMX QQQ/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX 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
- −$48.65
- Price spread: +0.188% → 0.000%
- $18.8
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$46.86
- Costs to cover
- 0.170%
- Break-even
- from the start
Slippage unknown: Ondo Perps: no order-book sample; GMX: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Ondo Perps no order-book sample | — | — | — | — | — |
| Sell GMX no order-book sample | — | — | — | — | — |
Ondo Perps and GMX: 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]short | L −0.0070% / S +0.0181% | 1h | 743.48 | +0.188% | $25K | — | 26x | |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 743.41 | +0.179% | $21.5M | $27.7M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 743.00 | +0.124% | $3.1M | $32.8M | 50x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 743.84 | +0.237% | $2K | $2.3M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 743.13 | +0.141% | $257K | $26K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 743.68 | +0.216% | $360K | $1.4M | 10x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 743.26 | +0.160% | $841K | $780K | 20x | as long as short |
| BloFin QQQ-USDT | +0.0016% | 8h | 742.84 | +0.102% | $1.0M | $468K | 20x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 742.75 | +0.090% | $738K | $1.4M | 25x | as long as short |
| edgeX QQQUSDC | +0.0045% | 4h | 743.18 | +0.148% | $760K | $337K | 20x | as long as short |
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDT
Aster QQQUSDT
BloFin QQQ-USDT
Arcus QQQ-USD
edgeX QQQUSDCShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest QQQ-USD-PERP | +0.0046% | 1h | 743.80 | +0.232% | — | $621K | 50x | as long as short |
| Variational Omni QQQ | +0.0046% | 8h | 743.13 | +0.142% | $17.6M | $10.3M | — | as long as short |
| Lighter RH QQQ | +0.0048% | 1h | 743.73 | +0.222% | $37.6M | $79.0M | 50x | as long as short |
| Ondo Perps QQQ-USD.Plong | +0.0050% | 1h | 742.08 | long leg | $4.2M | $2.1M | 20x | |
| Coinbase International QQQ-PERP-INTX | +0.0072% | 1h | 742.80 | +0.097% | $1.2M | $866K | 20x | as long as short |
| Binance QQQUSDT | +0.0080% | 8h | 743.55 | +0.198% | $71.0M | $160.6M | 25x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0087% | 1h | 743.14 | +0.143% | $425K | $185K | 20x | as long as short |
| Lighter QQQ | +0.0088% | 1h | 743.41 | +0.179% | $7.6M | $20.9M | 30x | as long as short |
| Bybit QQQUSDT | +0.0099% | 8h | 743.72 | +0.221% | $10.7M | $5.2M | 50x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 742.99 | +0.123% | $3.4M | $424K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 742.72 | +0.086% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 743.14 | +0.143% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 742.70 | +0.084% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0178% | 1h | 742.89 | +0.109% | $1.5M | $1.3M | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0188% | 8h | 743.36 | +0.172% | $323K | $1.8M | 10x | as long as short |
| RISEx QQQ/USDC | +0.0193% | 1h | 743.66 | +0.213% | $5.4M | $8.9M | 25x | as long as short |
| Phoenix QQQ | +0.0194% | 1h | 742.87 | +0.106% | $38K | $73K | 20x | as long as short |
| Bitget QQQUSDT | +0.0195% | 8h | 743.50 | +0.191% | $16.9M | $7.1M | 20x | as long as short |
Vest QQQ-USD-PERP
Variational Omni QQQ
Lighter RH QQQ
Coinbase International QQQ-PERP-INTX
Binance QQQUSDT
Deribit QQQ_USDC-PERPETUAL
Lighter QQQ
Bybit QQQUSDT
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Nado QQQ-PERP
GRVT QQQ_USDT_Perp
RISEx QQQ/USDC
Phoenix QQQ
Bitget QQQUSDT