Funding you earn now, next payment 08:00 UTC+0.0274%/8h= +30.0% APRpaid last 24h +0.099%
Price spread now: GRVT against Ondo Perps+0.128%53s7-day average +0.243% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.513%+$51 on $10k
+Price spread, last 7 days+0.170%+$17 · spread now +0.128%, 7d avg +0.243%
=Together, before fees+0.684%+ Points / potential airdropOndo Perps: Active · GRVT: Active · farm board+$68 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.115% cheaper against Ondo Perps than usual: you would sell low and buy high (spread +0.128% now, against its 7-day average of +0.243%). If the spread goes back, that is −$12 on $10k: about 34 hours of funding at the current rate (+$8 a day). The two prices were read 53 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 | 740.82 | −0.0130 | get 0.0016% / 1h | 8m 19s | $4.2M | $1.8M | 20x |
| Short | GRVT QQQ_USDT_Perp | 741.77 | 0.0144 | get 0.0144% / 8h | 8m 19s | $314K | $2.0M | 10x |
Ondo Perps QQQ-USD.P
GRVT QQQ_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- $57.46
- Price spread: +0.128% → +0.243%
- −$11.51
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- $31.94
- Costs to cover
- 0.140%
- Break-even
- 3.1 days
Slippage unknown: Ondo Perps: no order-book sample; GRVT: live order book, 5 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 GRVT live order book, 5 min ago | 0.40 bp | 5.9 bp −$6 | 7.2 bp −$72 | 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 −0.0177% / S +0.0265% | 1h | 741.71 | +0.119% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.Plong | −0.0130% | 1h | 740.82 | long leg | $4.2M | $1.8M | 20x | |
| Gate QQQ_USDT | −0.0094% | 8h | 741.22 | +0.054% | $3.3M | $21.7M | 50x | as long as short |
| BloFin QQQ-USDT | −0.0005% | 8h | 741.47 | +0.088% | $1.1M | $274K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 741.69 | +0.118% | $824K | $864K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 741.72 | +0.121% | $10.7M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 741.39 | +0.077% | $21.5M | $28.3M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 741.50 | +0.091% | $5.4M | $5.9M | 25x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 741.82 | +0.135% | $16.5M | $5.3M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 741.57 | +0.102% | $16.8M | $7.2M | — | as long as short |
GMX QQQ/USD [ETH-USDC]
Gate QQQ_USDT
BloFin QQQ-USDT
Aster QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Bitget QQQUSDT
Variational Omni QQQShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX QQQ-USDT | 0.0000% | 8h | 742.13 | +0.177% | $2K | $1.7M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 741.93 | +0.150% | $250K | $41K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 742.43 | +0.217% | $359K | $1.6M | 10x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0016% | 1h | 741.15 | +0.045% | $1.2M | $486K | 20x | as long as short |
| Binance QQQUSDT | +0.0025% | 8h | 741.70 | +0.119% | $70.3M | $140.6M | 25x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 741.54 | +0.097% | $7.7M | $15.4M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 741.82 | +0.135% | $37.4M | $81.4M | 50x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0033% | 1h | 741.36 | +0.073% | $424K | $156K | 20x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 740.86 | +0.005% | $647K | $1.7M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 742.61 | +0.242% | — | $337K | 50x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 741.30 | +0.065% | $3.4M | $353K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 741.13 | +0.042% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 741.46 | +0.086% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 740.97 | +0.020% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0140% | 1h | 741.25 | +0.057% | $1.6M | $744K | 20x | as long as short |
| GRVT QQQ_USDT_Perpshort | +0.0144% | 8h | 741.77 | +0.128% | $314K | $2.0M | 10x | |
| Phoenix QQQ | +0.0227% | 1h | 741.17 | +0.047% | $38K | $65K | 20x | as long as short |
| edgeX QQQUSDC | +0.0942% | 4h | 741.62 | +0.108% | $758K | $335K | 20x | as long as short |
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDT
Coinbase International QQQ-PERP-INTX
Binance QQQUSDT
Lighter QQQ
Lighter RH QQQ
Deribit QQQ_USDC-PERPETUAL
Arcus QQQ-USD
Vest QQQ-USD-PERP
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Nado QQQ-PERP
Phoenix QQQ
edgeX QQQUSDC