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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0078%/8h= −8.5% APRnext payment $0.10 per $10,000 · paid last 24h −0.099%
Price spread now: Ondo Perps against RISEx−0.197%7-day average −0.216% · you buy dearer than you sell
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 4 days (all we have)−0.230%−$23 on $10k
Price spread, last 7 days−0.050%−$5 · spread now −0.197%, 7d avg −0.216%
Together, before fees−0.280%+ Points / potential airdropOndo Perps: Active · farm board−$28 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.216%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx QQQ/USDC744.630get 0.0000% / 1h1m 17s$5.4M$7.5M25x
ShortOndo Perps QQQ-USD.P743.17−0.0078pay 0.0010% / 1h1m 17s$4.2M$1.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against RISEx. 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
−$16.3
Price spread: −0.197% → −0.216%
$1.96
Slippage, 4 orders
no order book: not counted
Fee RISEx: 3 bp × 2 orders
−$6
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$25.34
Costs to cover
0.110%
Break-even
never at this rate
Slippage unknown: RISEx: live order book, 3 min ago; Ondo Perps: 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 RISEx live order book, 3 min ago0.07 bp3.1 bp −$34.0 bp −$40doesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX QQQ/USD [ETH-USDC]L −0.0116% / S +0.0218%1h744.60−0.005%$25K26xas long as short
Ondo Perps QQQ-USD.Pshort−0.0078%1h743.17−0.197%$4.2M$1.8M20x
BloFin QQQ-USDT−0.0010%8h744.38−0.034%$1.1M$271K20xas long as short
Aster QQQUSDT0.0000%8h744.44−0.026%$841K$714K20xas long as short
Bybit QQQUSDT0.0000%8h744.67+0.005%$10.7M$5.0M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h744.37−0.036%$21.5M$26.8M50xas long as short
RISEx QQQ/USDClong0.0000%1h744.63long leg$5.4M$7.5M25x
Gate QQQ_USDT0.0000%8h744.03−0.081%$3.3M$21.2M50xas long as short
Bitget QQQUSDT0.0000%8h744.72+0.011%$16.9M$5.7M20xas long as short
SunX QQQ-USDT0.0000%8h745.07+0.058%$2K$1.9M10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX QQQ-USDT0.0000%8h744.78+0.019%$257K$29K30xas long as short
Phemex QQQUSDT0.0000%8h744.86+0.030%$361K$1.5M10xas long as short
Variational Omni QQQ+0.0018%8h744.37−0.036%$17.1M$7.5Mas long as short
Lighter QQQ+0.0032%1h744.43−0.028%$7.7M$17.2M30xas long as short
Lighter RH QQQ+0.0032%1h744.87+0.032%$37.1M$80.8M50xas long as short
Coinbase International QQQ-PERP-INTX+0.0032%1h743.92−0.096%$1.2M$535K20xas long as short
Arcus QQQ-USD+0.0040%1h743.61−0.138%$695K$1.6M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h745.54+0.122%$337K50xas long as short
Binance QQQUSDT+0.0050%8h744.63−0.001%$71.2M$142.5M25xas long as short
Nado QQQ-PERP+0.0083%1h744.21−0.058%$1.5M$876K20xas long as short
KuCoin QQQUSDTM+0.0100%8h744.24−0.053%$3.4M$403K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h744.13−0.068%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h744.32−0.042%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h743.74−0.120%$93K$1K10xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0113%1h744.40−0.032%$425K$149K20xas long as short
GRVT QQQ_USDT_Perp+0.0121%8h744.58−0.007%$322K$1.9M10xas long as short
Phoenix QQQ+0.0161%1h744.14−0.066%$38K$66K20xas long as short
edgeX QQQUSDC+0.0453%4h744.45−0.025%$761K$335K20xas long as short