Funding you earn now, next payment 06:00 UTC+0.0008%/8h= +0.9% APRpaid last 24h +0.038%
Price spread now: OKX against Ondo Perps+0.128%58s7-day average +0.204% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.270%+$27 on $10k
+Price spread, last 7 days+0.037%+$4 · spread now +0.128%, 7d avg +0.204%
=Together, before fees+0.307%+ Points / potential airdropOndo Perps: Active · farm board+$31 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.076% cheaper against Ondo Perps than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.204%. The two prices were read 58 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 | 741.84 | −0.0008 | get 0.0001% / 1h | 4m 46s | $4.2M | $1.8M | 20x |
| Short | OKX QQQ-USDT-SWAP | 742.79 | 0 | get 0.0000% / 8h | 2h 04m | $21.5M | $28.3M | 50x |
Ondo Perps QQQ-USD.P
OKX QQQ-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $1.68
- Price spread: +0.128% → +0.204%
- −$7.62
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$20.94
- Costs to cover
- 0.150%
- Break-even
- 94.2 days
Slippage unknown: Ondo Perps: no order-book sample; OKX: 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 OKX live order book, 4 min ago | 0.07 bp | 5.9 bp −$6 | 7.0 bp −$70 | 14.1 bp −$1,406 | 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 −0.0153% / S +0.0246% | 1h | 743.11 | +0.171% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.Plong | −0.0008% | 1h | 741.84 | long leg | $4.2M | $1.8M | 20x | |
| Aster QQQUSDT | 0.0000% | 8h | 742.60 | +0.102% | $824K | $857K | 20x | as long as short |
| Binance QQQUSDT | 0.0000% | 8h | 742.95 | +0.150% | $70.3M | $145.2M | 25x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 742.96 | +0.151% | $10.6M | $5.2M | 50x | as long as short |
| OKX QQQ-USDT-SWAPshort | 0.0000% | 8h | 742.79 | +0.128% | $21.5M | $28.3M | 50x | |
| RISEx QQQ/USDC | 0.0000% | 1h | 743.00 | +0.157% | $5.4M | $6.6M | 25x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 742.31 | +0.063% | $3.3M | $21.4M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 743.10 | +0.170% | $16.6M | $5.6M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 742.98 | +0.154% | $16.9M | $7.3M | — | as long as short |
GMX QQQ/USD [ETH-USDC]
Aster QQQUSDT
Binance QQQUSDT
Bybit QQQUSDT
RISEx QQQ/USDC
Gate QQQ_USDT
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 | 743.58 | +0.235% | $2K | $1.8M | 10x | as long as short |
| Coinbase International QQQ-PERP-INTX | 0.0000% | 1h | 742.63 | +0.106% | $1.2M | $541K | 20x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 743.32 | +0.200% | $251K | $41K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 743.59 | +0.236% | $362K | $1.6M | 10x | as long as short |
| BloFin QQQ-USDT | +0.0027% | 8h | 742.82 | +0.132% | $1.1M | $278K | 20x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 742.72 | +0.119% | $7.6M | $15.8M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 743.16 | +0.178% | $37.0M | $81.0M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 742.18 | +0.046% | $689K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 744.00 | +0.291% | — | $337K | 50x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0097% | 8h | 743.30 | +0.197% | $315K | $2.0M | 10x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 742.69 | +0.115% | $3.4M | $365K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 742.73 | +0.120% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 742.75 | +0.123% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 742.28 | +0.059% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0122% | 1h | 742.66 | +0.110% | $1.5M | $750K | 20x | as long as short |
| Phoenix QQQ | +0.0129% | 1h | 742.79 | +0.128% | $38K | $66K | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0262% | 1h | 742.92 | +0.146% | $424K | $153K | 20x | as long as short |
| edgeX QQQUSDC | +0.0567% | 4h | 743.11 | +0.171% | $760K | $335K | 20x | as long as short |
SunX QQQ-USDT
Coinbase International QQQ-PERP-INTX
HTX QQQ-USDT
Phemex QQQUSDT
BloFin QQQ-USDT
Lighter QQQ
Lighter RH QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
GRVT QQQ_USDT_Perp
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Nado QQQ-PERP
Phoenix QQQ
Deribit QQQ_USDC-PERPETUAL
edgeX QQQUSDC