Settings8H · net · $10k
Funding arb · Price arb /

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.036%
Price spread now: HTX against Ondo Perps+0.175%7-day average +0.219% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.234%+$23 on $10k
Price spread, last 4 days (all we have)−0.036%−$4 · spread now +0.175%, 7d avg +0.219%
Together, before fees+0.197%+ Points / potential airdropOndo Perps: Active · farm board+$20 on $10k · with fees, hour by hour
Funding pays, the price is against you. HTX is 0.043% cheaper against Ondo Perps than usual: you would sell low and buy high (spread +0.175% now, against its 7-day average of +0.219%). If the spread goes back, that is −$4 on $10k: about 4.5 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.234% in total) that is about 31 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps QQQ-USD.P742.52−0.0032get 0.0004% / 1h44m 19s$4.2M$1.8M20x
ShortHTX QQQ-USDT743.820get 0.0000% / 8h3h 44m$257K$29K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$6.72
Price spread: +0.175% → +0.219%
−$4.35
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee HTX: 6 bp × 2 orders
−$12
Net
−$14.63
Costs to cover
0.170%
Break-even
22.2 days
Slippage unknown: Ondo Perps: no order-book sample; HTX: live order book, 7 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Ondo Perps no order-book sample
Sell HTX live order book, 7 min ago2.69 bp8.7 bp −$915.5 bp −$155doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX QQQ/USD [ETH-USDC]L −0.0132% / S +0.0230%1h743.63+0.149%$25K26xas long as short
Ondo Perps QQQ-USD.Plong−0.0032%1h742.52long leg$4.2M$1.8M20x
BloFin QQQ-USDT−0.0029%8h743.43+0.123%$1.1M$256K20xas long as short
Aster QQQUSDT0.0000%8h743.70+0.159%$840K$714K20xas long as short
Bybit QQQUSDT0.0000%8h743.63+0.149%$10.7M$5.0M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h743.43+0.123%$21.4M$26.9M50xas long as short
Gate QQQ_USDT0.0000%8h743.10+0.078%$3.3M$20.8M50xas long as short
Bitget QQQUSDT0.0000%8h743.72+0.162%$16.9M$5.5M20xas long as short
Variational Omni QQQ0.0000%8h743.66+0.154%$17.1M$7.4Mas long as short
SunX QQQ-USDT0.0000%8h744.08+0.210%$2K$1.9M10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International QQQ-PERP-INTX0.0000%1h742.64+0.016%$1.2M$536K20xas long as short
HTX QQQ-USDTshort0.0000%8h743.82+0.175%$257K$29K30x
Phemex QQQUSDT0.0000%8h743.74+0.164%$361K$1.6M10xas long as short
Binance QQQUSDT+0.0009%8h743.64+0.150%$70.9M$141.2M25xas long as short
RISEx QQQ/USDC+0.0010%1h743.70+0.159%$5.4M$7.3M25xas long as short
Lighter QQQ+0.0032%1h743.52+0.135%$7.7M$15.8M30xas long as short
Lighter RH QQQ+0.0040%1h743.93+0.190%$37.0M$78.4M50xas long as short
Arcus QQQ-USD+0.0040%1h742.92+0.054%$703K$1.6M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h744.63+0.284%$337K50xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0059%1h743.43+0.123%$425K$150K20xas long as short
GRVT QQQ_USDT_Perp+0.0079%8h743.34+0.110%$326K$1.9M10xas long as short
Nado QQQ-PERP+0.0092%1h743.34+0.110%$1.5M$779K20xas long as short
KuCoin QQQUSDTM+0.0100%8h743.33+0.109%$3.4M$342K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h743.43+0.123%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h743.37+0.114%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h742.83+0.041%$92K$1K10xas long as short
Phoenix QQQ+0.0118%1h743.26+0.100%$38K$66K20xas long as short
edgeX QQQUSDC+0.0750%4h743.65+0.152%$760K$336K20xas long as short