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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0150%/8h= −16.5% APRpaid last 24h −0.039%
Price spread now: Ondo Perps against SunX−0.189%7-day average −0.244% · 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 7 days−0.237%−$24 on $10k
Price spread, last 4 days (all we have)−0.090%−$9 · spread now −0.189%, 7d avg −0.244%
Together, before fees−0.326%+ Points / potential airdropOndo Perps: Active · farm board−$33 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Ondo Perps is 0.055% dearer against SunX than usual: you sell high and buy low (spread −0.189% now, against its 7-day average of −0.244%): +$5 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 29 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX QQQ-USDT744.800get 0.0000% / 8h4h 18m$1K$1.9M10x
ShortOndo Perps QQQ-USD.P743.39−0.0150pay 0.0019% / 1h18m 12s$4.2M$1.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against SunX. 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
−$31.58
Price spread: −0.189% → −0.244%
$5.5
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$39.09
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 8 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 SunX live order book, 8 min ago21.61 bp25.6 bp −$26doesn't fitdoesn'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
Ondo Perps QQQ-USD.Pshort−0.0150%1h743.39−0.189%$4.2M$1.8M20x
GMX QQQ/USD [ETH-USDC]L −0.0125% / S +0.0225%1h744.36−0.060%$25K26xas long as short
BloFin QQQ-USDT−0.0015%8h744.22−0.078%$1.1M$261K20xas long as short
Aster QQQUSDT0.0000%8h744.33−0.064%$841K$714K20xas long as short
Bybit QQQUSDT0.0000%8h744.38−0.056%$10.7M$5.0M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h744.16−0.086%$21.5M$26.9M50xas long as short
RISEx QQQ/USDC0.0000%1h744.46−0.045%$5.4M$7.4M25xas long as short
Gate QQQ_USDT0.0000%8h743.83−0.130%$3.3M$20.8M50xas long as short
Bitget QQQUSDT0.0000%8h744.55−0.034%$16.9M$5.7M20xas long as short
Variational Omni QQQ0.0000%8h744.50−0.041%$17.1M$7.4Mas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX QQQ-USDTlong0.0000%8h744.80long leg$1K$1.9M10x
HTX QQQ-USDT0.0000%8h744.93+0.017%$257K$29K30xas long as short
Phemex QQQUSDT0.0000%8h744.68−0.016%$360K$1.5M10xas long as short
Coinbase International QQQ-PERP-INTX+0.0008%1h743.80−0.134%$1.2M$537K20xas long as short
Binance QQQUSDT+0.0029%8h744.36−0.059%$71.0M$141.4M25xas long as short
Lighter QQQ+0.0032%1h744.24−0.075%$7.7M$16.4M30xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0032%1h744.10−0.094%$425K$150K20xas long as short
Arcus QQQ-USD+0.0040%1h743.83−0.130%$698K$1.6M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h745.38+0.078%$337K50xas long as short
Lighter RH QQQ+0.0048%1h744.68−0.016%$37.0M$79.6M50xas long as short
Nado QQQ-PERP+0.0091%1h744.12−0.092%$1.5M$869K20xas long as short
GRVT QQQ_USDT_Perp+0.0099%8h744.70−0.014%$324K$1.9M10xas long as short
KuCoin QQQUSDTM+0.0100%8h744.09−0.095%$3.4M$362K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h744.25−0.074%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h744.10−0.094%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h743.57−0.166%$93K$1K10xas long as short
Phoenix QQQ+0.0129%1h744.15−0.087%$38K$66K20xas long as short
edgeX QQQUSDC+0.0230%4h744.39−0.055%$761K$334K20xas long as short