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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.048%
Price spread now: Vest against Ondo Perps+0.241%7-day average +0.330% · 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 3 days (all we have)+0.075%+$7 on $10k
Price spread, last 4 days (all we have)−0.070%−$7 · spread now +0.241%, 7d avg +0.330%
Together, before fees+0.005%+ Points / potential airdropOndo Perps: Active · Vest: Active · farm board$0 on $10k · with fees, hour by hour
Funding pays, the price is against you. Vest is 0.089% cheaper against Ondo Perps than usual: you would sell low and buy high (spread +0.241% now, against its 7-day average of +0.330%). If the spread goes back, that is −$9 on $10k: about 5.9 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps QQQ-USD.P741.73−0.0005get 0.0001% / 1h47m 16s$4.2M$1.8M20x
ShortVest QQQ-USD-PERP743.520.0046get 0.0006% / 1h47m 16s$337K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest 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
$10.6
Price spread: +0.241% → +0.330%
−$8.88
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Vest: 1 bp × 2 orders
−$2
Net
−$5.28
Costs to cover
0.070%
Break-even
10.5 days
Slippage unknown: Ondo Perps: no order-book sample; Vest: 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 Vest no order-book sample
Ondo Perps and Vest: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX QQQ/USD [ETH-USDC]L −0.0144% / S +0.0239%1h742.57+0.113%$25K26xas long as short
Ondo Perps QQQ-USD.Plong−0.0005%1h741.73long leg$4.2M$1.8M20x
Aster QQQUSDT0.0000%8h742.53+0.108%$824K$857K20xas long as short
Binance QQQUSDT0.0000%8h742.56+0.112%$69.8M$143.0M25xas long as short
Bybit QQQUSDT0.0000%8h742.69+0.129%$10.7M$5.1M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h742.27+0.073%$21.6M$27.8M50xas long as short
RISEx QQQ/USDC0.0000%1h742.58+0.115%$5.4M$7.2M25xas long as short
Gate QQQ_USDT0.0000%8h741.92+0.026%$3.3M$21.3M50xas long as short
Bitget QQQUSDT0.0000%8h742.69+0.129%$16.6M$5.7M20xas long as short
Variational Omni QQQ0.0000%8h742.62+0.119%$17.1M$7.2Mas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX QQQ-USDT0.0000%8h743.09+0.183%$2K$1.9M10xas long as short
Deribit QQQ_USDC-PERPETUAL0.0000%1h742.31+0.078%$424K$151K20xas long as short
Coinbase International QQQ-PERP-INTX0.0000%1h742.10+0.050%$1.2M$538K20xas long as short
HTX QQQ-USDT0.0000%8h742.85+0.151%$252K$38K30xas long as short
Phemex QQQUSDT0.0000%8h742.83+0.148%$359K$1.6M10xas long as short
BloFin QQQ-USDT+0.0001%8h742.26+0.071%$1.1M$246K20xas long as short
Lighter QQQ+0.0032%1h742.42+0.093%$7.7M$15.5M30xas long as short
Lighter RH QQQ+0.0032%1h742.77+0.140%$36.9M$78.3M50xas long as short
Arcus QQQ-USD+0.0040%1h741.730.000%$702K$1.6M25xas long as short
Vest QQQ-USD-PERPshort+0.0046%1h743.52+0.241%$337K50x
GRVT QQQ_USDT_Perp+0.0077%8h742.85+0.151%$319K$1.9M10xas long as short
KuCoin QQQUSDTM+0.0100%8h742.25+0.070%$3.4M$349K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h742.32+0.080%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h742.28+0.074%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h741.77+0.005%$92K$1K10xas long as short
Nado QQQ-PERP+0.0121%1h742.20+0.064%$1.5M$761K20xas long as short
Phoenix QQQ+0.0129%1h742.17+0.059%$38K$66K20xas long as short
edgeX QQQUSDC+0.0971%4h742.47+0.100%$759K$336K20xas long as short