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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0138%/8h= −15.2% APRnext payment $0.17 per $10,000 · paid last 24h −0.061%
Price spread now: Ondo Perps against Vest−0.295%7-day average −0.333% · 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 3 days (all we have)−0.069%−$7 on $10k
Price spread, last 4 days (all we have)+0.091%+$9 · spread now −0.295%, 7d avg −0.333%
Together, before fees+0.021%+ Points / potential airdropVest: Active · Ondo Perps: Active · farm board+$2 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Ondo Perps is 0.037% dearer against Vest than usual: you sell high and buy low (spread −0.295% now, against its 7-day average of −0.333%): +$4 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 22 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest QQQ-USD-PERP745.520.0046pay 0.0006% / 1h15m 55s$337K50x
ShortOndo Perps QQQ-USD.P743.32−0.0093pay 0.0012% / 1h15m 55s$4.2M$1.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Vest. 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
−$29.08
Price spread: −0.295% → −0.333%
$3.74
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$32.34
Costs to cover
0.070%
Break-even
never at this rate
Slippage unknown: Vest: no order-book sample; 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 Vest no order-book sample
Sell Ondo Perps no order-book sample
Vest and 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 27 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 −0.0101% / S +0.0206%1h744.57−0.128%$25K26xas long as short
Ondo Perps QQQ-USD.Pshort−0.0093%1h743.32−0.295%$4.2M$1.9M20x
Bybit QQQUSDT0.0000%8h744.72−0.107%$10.7M$5.0M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h744.48−0.139%$21.7M$26.5M50xas long as short
Gate QQQ_USDT0.0000%8h744.12−0.188%$3.3M$23.3M50xas long as short
SunX QQQ-USDT0.0000%8h745.01−0.068%$2K$2.1M10xas long as short
HTX QQQ-USDT0.0000%8h744.70−0.110%$257K$29K30xas long as short
Phemex QQQUSDT0.0000%8h744.81−0.095%$359K$1.4M10xas long as short
Aster QQQUSDT+0.0006%8h744.46−0.143%$841K$712K20xas long as short
Bitget QQQUSDT+0.0029%8h744.60−0.123%$16.9M$5.9M20xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter QQQ+0.0032%1h744.32−0.161%$7.7M$17.8M30xas long as short
Lighter RH QQQ+0.0032%1h744.73−0.106%$37.4M$80.3M50xas long as short
Arcus QQQ-USD+0.0040%1h743.70−0.244%$705K$1.6M25xas long as short
Vest QQQ-USD-PERPlong+0.0046%1h745.52long leg$337K50x
Coinbase International QQQ-PERP-INTX+0.0048%1h744.11−0.189%$1.2M$538K20xas long as short
Variational Omni QQQ+0.0056%8h744.43−0.147%$17.1M$7.6Mas long as short
Binance QQQUSDT+0.0083%8h744.56−0.128%$71.1M$147.2M25xas long as short
KuCoin QQQUSDTM+0.0100%8h744.26−0.169%$3.4M$412K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h744.10−0.190%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h744.28−0.166%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h743.76−0.236%$93K$1K10xas long as short
Nado QQQ-PERP+0.0122%1h744.17−0.181%$1.5M$953K20xas long as short
RISEx QQQ/USDC+0.0168%1h744.60−0.124%$5.4M$8.0M25xas long as short
Phoenix QQQ+0.0183%1h744.18−0.180%$38K$66K20xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0194%1h744.37−0.154%$425K$148K20xas long as short
GRVT QQQ_USDT_Perp+0.0198%8h744.63−0.120%$320K$1.8M10xas long as short
edgeX QQQUSDC+0.0490%4h744.37−0.154%$761K$335K20xas long as short