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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno 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).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps QQQ-USD.P742.19−0.0085get 0.0011% / 1h49m 26s$4.2M$1.8M20x
ShortOrderly PERP_QQQ_USDC_mythos743.200.0100get 0.0100% / 8h5h 49m$12K$21K20x

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 it
latest
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
LegHalf-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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX QQQ/USD [ETH-USDC]L −0.0203% / S +0.0285%1h743.53+0.181%$25K26xas long as short
Ondo Perps QQQ-USD.Plong−0.0085%1h742.19long leg$4.2M$1.8M20x
BloFin QQQ-USDT−0.0018%8h743.10+0.123%$1.1M$236K20xas long as short
Aster QQQUSDT0.0000%8h743.43+0.167%$857K$903K20xas long as short
OKX QQQ-USDT-SWAP0.0000%8h743.32+0.152%$21.8M$30.3M50xas long as short
RISEx QQQ/USDC0.0000%1h743.29+0.148%$5.5M$5.7M25xas long as short
Gate QQQ_USDT0.0000%8h742.98+0.106%$3.5M$19.8M50xas long as short
Bitget QQQUSDT0.0000%8h743.67+0.199%$17.1M$5.9M20xas long as short
SunX QQQ-USDT0.0000%8h744.07+0.253%$2K$1.5M10xas long as short
HTX QQQ-USDT0.0000%8h743.94+0.236%$251K$38K30xas long as short
Show all 28 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex QQQUSDT0.0000%8h743.83+0.221%$362K$1.6M10xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0019%1h743.16+0.131%$399K$148K20xas long as short
Lighter QQQ+0.0032%1h742.99+0.108%$7.4M$15.5M30xas long as short
Lighter RH QQQ+0.0032%1h743.54+0.182%$38.5M$76.5M50xas long as short
Coinbase International QQQ-PERP-INTX+0.0032%1h742.87+0.092%$1.2M$541K20xas long as short
Arcus QQQ-USD+0.0040%1h742.47+0.038%$660K$1.4M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h744.36+0.292%$337K50xas long as short
Variational Omni QQQ+0.0048%8h743.46+0.170%$16.8M$6.9Mas long as short
Bybit QQQUSDT+0.0069%8h743.63+0.194%$10.5M$4.9M50xas long as short
Binance QQQUSDT+0.0075%8h743.55+0.183%$71.5M$145.9M25xas long as short
KuCoin QQQUSDTM+0.0100%8h743.04+0.115%$3.4M$466K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h743.03+0.113%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythosshort+0.0100%8h743.20+0.136%$12K$21K20x
Aevo QQQ-PERP+0.0104%1h742.79+0.081%$92K$1K10xas long as short
Nado QQQ-PERP+0.0128%1h743.02+0.112%$1.6M$767K20xas long as short
GRVT QQQ_USDT_Perp+0.0242%8h743.66+0.197%$321K$2.1M10xas long as short
Phoenix QQQ+0.0302%1h743.26+0.144%$38K$59K20xas long as short
edgeX QQQUSDC+0.0589%4h743.40+0.163%$760K$335K20xas long as short