Funding you earn now, next payment 05:00 UTC+0.0134%/8h= +14.7% APRpaid last 24h +0.066%
Price spread now: KuCoin against Ondo Perps+0.110%7-day average +0.153% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.437%+$44 on $10k
+Price spread, last 7 days+0.016%+$2 · spread now +0.110%, 7d avg +0.153%
=Together, before fees+0.453%+ Points / potential airdropOndo Perps: Active · farm board+$45 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.042% cheaper against Ondo Perps than usual: you would sell low and buy high (spread +0.110% now, against its 7-day average of +0.153%). If the spread goes back, that is −$4 on $10k: about 25 hours of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps QQQ-USD.P | 742.52 | −0.0034 | get 0.0004% / 1h | 43m 26s | $4.2M | $1.8M | 20x |
| Short | KuCoin QQQUSDTM | 743.34 | 0.0100 | get 0.0100% / 8h | 3h 43m | $3.4M | $342K | 20x |
Ondo Perps QQQ-USD.P
KuCoin QQQUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $28.22
- Price spread: +0.110% → +0.153%
- −$4.25
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $6.98
- Costs to cover
- 0.170%
- Break-even
- 5.3 days
Slippage unknown: Ondo Perps: no order-book sample; KuCoin: live order book, 4 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 KuCoin live order book, 4 min ago | 1.75 bp | 21.0 bp −$21 | 124.4 bp −$1,244 | 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 −0.0133% / S +0.0230% | 1h | 743.62 | +0.147% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.Plong | −0.0034% | 1h | 742.52 | long leg | $4.2M | $1.8M | 20x | |
| BloFin QQQ-USDT | −0.0029% | 8h | 743.43 | +0.123% | $1.1M | $256K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 743.62 | +0.148% | $840K | $714K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 743.58 | +0.143% | $10.7M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 743.47 | +0.128% | $21.4M | $26.9M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 743.15 | +0.085% | $3.3M | $20.8M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 743.73 | +0.163% | $16.9M | $5.5M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 743.66 | +0.154% | $17.1M | $7.4M | — | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 744.08 | +0.210% | $2K | $1.9M | 10x | as long as short |
GMX QQQ/USD [ETH-USDC]
BloFin QQQ-USDT
Aster QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
Bitget QQQUSDT
Variational Omni QQQ
SunX QQQ-USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International QQQ-PERP-INTX | 0.0000% | 1h | 742.64 | +0.016% | $1.2M | $536K | 20x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 743.82 | +0.175% | $257K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 743.74 | +0.164% | $361K | $1.6M | 10x | as long as short |
| Binance QQQUSDT | +0.0008% | 8h | 743.61 | +0.147% | $70.9M | $141.2M | 25x | as long as short |
| RISEx QQQ/USDC | +0.0010% | 1h | 743.70 | +0.158% | $5.4M | $7.3M | 25x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 743.51 | +0.133% | $7.7M | $15.8M | 30x | as long as short |
| Lighter RH QQQ | +0.0040% | 1h | 743.88 | +0.183% | $37.0M | $78.4M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 742.90 | +0.051% | $703K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 744.58 | +0.277% | — | $337K | 50x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0059% | 1h | 743.43 | +0.123% | $425K | $150K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0076% | 8h | 743.87 | +0.182% | $326K | $1.9M | 10x | as long as short |
| Nado QQQ-PERP | +0.0090% | 1h | 743.33 | +0.110% | $1.5M | $779K | 20x | as long as short |
| KuCoin QQQUSDTMshort | +0.0100% | 8h | 743.34 | +0.110% | $3.4M | $342K | 20x | |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 743.33 | +0.109% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 743.33 | +0.109% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 742.78 | +0.035% | $92K | $1K | 10x | as long as short |
| Phoenix QQQ | +0.0118% | 1h | 743.26 | +0.100% | $38K | $66K | 20x | as long as short |
| edgeX QQQUSDC | +0.0750% | 4h | 743.65 | +0.152% | $760K | $336K | 20x | as long as short |
Coinbase International QQQ-PERP-INTX
HTX QQQ-USDT
Phemex QQQUSDT
Binance QQQUSDT
RISEx QQQ/USDC
Lighter QQQ
Lighter RH QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
Deribit QQQ_USDC-PERPETUAL
GRVT QQQ_USDT_Perp
Nado QQQ-PERP
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Phoenix QQQ
edgeX QQQUSDC