Funding you earn now, next payment 05:00 UTC+0.0032%/8h= +3.6% APRnext payment +$0.04 per $10,000 · paid last 24h +0.092%
Price spread now: RISEx against Ondo Perps+0.116%7-day average +0.216% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.233%+$23 on $10k
+Price spread, last 7 days+0.098%+$10 · spread now +0.116%, 7d avg +0.216%
=Together, before fees+0.331%+ Points / potential airdropOndo Perps: Active · farm board+$33 on $10k · with fees, hour by hour
Funding pays, the price is against you. RISEx is 0.100% cheaper against Ondo Perps than usual: you would sell low and buy high (spread +0.116% now, against its 7-day average of +0.216%). If the spread goes back, that is −$10 on $10k: about 10 days of funding at the current rate (+$1 a day). At the pace of the last 4 days (+0.233% in total) that is about 37 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps QQQ-USD.P | 742.45 | −0.0022 | get 0.0003% / 1h | 14m 53s | $4.2M | $1.8M | 20x |
| Short | RISEx QQQ/USDC | 743.31 | 0.0010 | get 0.0001% / 1h | 14m 53s | $5.4M | $7.3M | 25x |
Ondo Perps QQQ-USD.P
RISEx QQQ/USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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
- $6.82
- Price spread: +0.116% → +0.216%
- −$10.05
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- −$14.23
- Costs to cover
- 0.110%
- Break-even
- 21.6 days
Slippage unknown: Ondo Perps: no order-book sample; RISEx: 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 RISEx live order book, 4 min ago | 0.07 bp | 5.0 bp −$5 | 6.3 bp −$63 | 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 −0.0138% / S +0.0235% | 1h | 743.25 | +0.108% | $25K | — | 26x | as long as short |
| BloFin QQQ-USDT | −0.0026% | 8h | 743.10 | +0.088% | $1.1M | $246K | 20x | as long as short |
| Ondo Perps QQQ-USD.Plong | −0.0022% | 1h | 742.45 | long leg | $4.2M | $1.8M | 20x | |
| Aster QQQUSDT | 0.0000% | 8h | 742.84 | +0.053% | $824K | $857K | 20x | as long as short |
| Binance QQQUSDT | 0.0000% | 8h | 743.16 | +0.096% | $70.2M | $142.8M | 25x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 743.16 | +0.096% | $10.7M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 742.98 | +0.071% | $21.5M | $27.3M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 742.51 | +0.008% | $3.3M | $21.2M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 743.29 | +0.113% | $16.9M | $5.5M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 743.13 | +0.092% | $17.1M | $7.3M | — | as long as short |
GMX QQQ/USD [ETH-USDC]
BloFin QQQ-USDT
Aster QQQUSDT
Binance QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
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 | 743.72 | +0.171% | $2K | $1.9M | 10x | as long as short |
| Coinbase International QQQ-PERP-INTX | 0.0000% | 1h | 742.78 | +0.044% | $1.2M | $537K | 20x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 743.43 | +0.132% | $257K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 743.48 | +0.139% | $361K | $1.6M | 10x | as long as short |
| RISEx QQQ/USDCshort | +0.0010% | 1h | 743.31 | +0.116% | $5.4M | $7.3M | 25x | |
| Lighter QQQ | +0.0032% | 1h | 743.01 | +0.075% | $7.7M | $15.8M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 743.34 | +0.120% | $37.0M | $79.4M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 742.30 | −0.020% | $705K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 744.14 | +0.228% | — | $337K | 50x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0067% | 8h | 743.40 | +0.128% | $321K | $1.9M | 10x | as long as short |
| Nado QQQ-PERP | +0.0084% | 1h | 742.85 | +0.054% | $1.5M | $757K | 20x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 742.85 | +0.054% | $3.4M | $342K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 742.84 | +0.053% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 742.97 | +0.070% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 742.40 | −0.006% | $92K | $1K | 10x | as long as short |
| Phoenix QQQ | +0.0118% | 1h | 742.48 | +0.004% | $38K | $66K | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0140% | 1h | 743.04 | +0.079% | $424K | $151K | 20x | as long as short |
| edgeX QQQUSDC | +0.0856% | 4h | 743.06 | +0.083% | $760K | $336K | 20x | as long as short |
SunX QQQ-USDT
Coinbase International QQQ-PERP-INTX
HTX QQQ-USDT
Phemex QQQUSDT
Lighter QQQ
Lighter RH QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
GRVT QQQ_USDT_Perp
Nado QQQ-PERP
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Phoenix QQQ
Deribit QQQ_USDC-PERPETUAL
edgeX QQQUSDC