Funding you earn now, next payment 11:00 UTC+0.0185%/8h= +20.2% APRpaid last 24h +0.059%
Price spread now: Orderly against Ondo Perps+0.136%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 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
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Orderly is 0.136% dearer against Ondo Perps than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps QQQ-USD.P | 742.19 | −0.0085 | get 0.0011% / 1h | 49m 26s | $4.2M | $1.8M | 20x |
| Short | Orderly PERP_QQQ_USDC_mythos | 743.20 | 0.0100 | get 0.0100% / 8h | 5h 49m | $12K | $21K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- $38.81
- Price spread: +0.136% → 0.000%
- $13.61
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $41.42
- Costs to cover
- 0.110%
- Break-even
- from the start
Slippage unknown: Ondo Perps: no order-book sample; Orderly: 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 Orderly no order-book sample | — | — | — | — | — |
Ondo Perps and Orderly: 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 exchanges
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 −0.0203% / S +0.0285% | 1h | 743.53 | +0.181% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.Plong | −0.0085% | 1h | 742.19 | long leg | $4.2M | $1.8M | 20x | |
| BloFin QQQ-USDT | −0.0018% | 8h | 743.10 | +0.123% | $1.1M | $236K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 743.43 | +0.167% | $857K | $903K | 20x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 743.32 | +0.152% | $21.8M | $30.3M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 743.29 | +0.148% | $5.5M | $5.7M | 25x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 742.98 | +0.106% | $3.5M | $19.8M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 743.67 | +0.199% | $17.1M | $5.9M | 20x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 744.07 | +0.253% | $2K | $1.5M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 743.94 | +0.236% | $251K | $38K | 30x | as long as short |
Show all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex QQQUSDT | 0.0000% | 8h | 743.83 | +0.221% | $362K | $1.6M | 10x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0019% | 1h | 743.16 | +0.131% | $399K | $148K | 20x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 742.99 | +0.108% | $7.4M | $15.5M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 743.54 | +0.182% | $38.5M | $76.5M | 50x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0032% | 1h | 742.87 | +0.092% | $1.2M | $541K | 20x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 742.47 | +0.038% | $660K | $1.4M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 744.36 | +0.292% | — | $337K | 50x | as long as short |
| Variational Omni QQQ | +0.0048% | 8h | 743.46 | +0.170% | $16.8M | $6.9M | — | as long as short |
| Bybit QQQUSDT | +0.0069% | 8h | 743.63 | +0.194% | $10.5M | $4.9M | 50x | as long as short |
| Binance QQQUSDT | +0.0075% | 8h | 743.55 | +0.183% | $71.5M | $145.9M | 25x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 743.04 | +0.115% | $3.4M | $466K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 743.03 | +0.113% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythosshort | +0.0100% | 8h | 743.20 | +0.136% | $12K | $21K | 20x | |
| Aevo QQQ-PERP | +0.0104% | 1h | 742.79 | +0.081% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0128% | 1h | 743.02 | +0.112% | $1.6M | $767K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0242% | 8h | 743.66 | +0.197% | $321K | $2.1M | 10x | as long as short |
| Phoenix QQQ | +0.0302% | 1h | 743.26 | +0.144% | $38K | $59K | 20x | as long as short |
| edgeX QQQUSDC | +0.0589% | 4h | 743.40 | +0.163% | $760K | $335K | 20x | as long as short |
GMX QQQ/USD [ETH-USDC]
BloFin QQQ-USDT
Aster QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Gate QQQ_USDT
Bitget QQQUSDT
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDT
Deribit QQQ_USDC-PERPETUAL
Lighter QQQ
Lighter RH QQQ
Coinbase International QQQ-PERP-INTX
Variational Omni QQQ
Bybit QQQUSDT
Binance QQQUSDT
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
GRVT QQQ_USDT_Perp
Phoenix QQQ
edgeX QQQUSDC