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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0469%/8h= −51.3% APRnext payment $0.59 per $10,000 · paid last 24h −0.079%
Price spread now: Ondo Perps against Aevo−0.158%7-day average · 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−0.422%−$42 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Ondo Perps is 0.158% cheaper against Aevo than usual: you would sell low and buy high (−$16 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo QQQ-PERP743.520.0104pay 0.0013% / 1h45m 43s$93K$1K10x
ShortOndo Perps QQQ-USD.P742.35−0.0365pay 0.0046% / 1h45m 43s$4.2M$2.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Aevo. 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
−$98.45
Price spread: −0.158% → 0.000%
−$15.77
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$135.22
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: Aevo: 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 Aevo no order-book sample
Sell Ondo Perps no order-book sample
Aevo 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 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−0.0365%1h742.35−0.158%$4.2M$2.0M20x
GMX QQQ/USD [ETH-USDC]L −0.0082% / S +0.0191%1h744.25+0.098%$25K26xas long as short
BloFin QQQ-USDT−0.0022%8h744.06+0.072%$1.0M$318K20xas long as short
Aster QQQUSDT0.0000%8h743.77+0.034%$841K$760K20xas long as short
OKX QQQ-USDT-SWAP0.0000%8h744.19+0.090%$21.5M$25.4M50xas long as short
Gate QQQ_USDT0.0000%8h743.95+0.057%$3.2M$26.7M50xas long as short
SunX QQQ-USDT0.0000%8h744.74+0.164%$2K$2.2M10xas long as short
HTX QQQ-USDT0.0000%8h744.80+0.172%$257K$29K30xas long as short
Phemex QQQUSDT0.0000%8h744.56+0.140%$361K$1.4M10xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0005%1h743.87+0.047%$425K$147K20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter QQQ+0.0032%1h744.07+0.074%$7.6M$18.1M30xas long as short
Lighter RH QQQ+0.0032%1h744.42+0.121%$37.3M$79.0M50xas long as short
Arcus QQQ-USD+0.0040%1h743.47−0.007%$747K$1.5M25xas long as short
Variational Omni QQQ+0.0042%8h744.27+0.100%$17.1M$10.9Mas long as short
Vest QQQ-USD-PERP+0.0046%1h744.79+0.170%$336K50xas long as short
Coinbase International QQQ-PERP-INTX+0.0064%1h743.88+0.048%$1.2M$581K20xas long as short
Binance QQQUSDT+0.0072%8h744.33+0.109%$71.0M$155.2M25xas long as short
KuCoin QQQUSDTM+0.0100%8h743.90+0.051%$3.4M$413K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h743.83+0.041%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h743.99+0.063%$12K$21K20xas long as short
Bybit QQQUSDT+0.0104%8h744.45+0.125%$10.7M$4.9M50xas long as short
Aevo QQQ-PERPlong+0.0104%1h743.52long leg$93K$1K10x
Nado QQQ-PERP+0.0115%1h744.01+0.065%$1.5M$1.2M20xas long as short
Bitget QQQUSDT+0.0181%8h744.41+0.119%$16.9M$6.6M20xas long as short
RISEx QQQ/USDC+0.0208%1h744.34+0.110%$5.5M$9.0M25xas long as short
GRVT QQQ_USDT_Perp+0.0219%8h744.39+0.116%$327K$1.8M10xas long as short
Phoenix QQQ+0.0258%1h743.91+0.052%$38K$66K20xas long as short
edgeX QQQUSDC+0.0995%4h744.25+0.098%$761K$336K20xas long as short