Funding you earn now, next payment 05:00 UTC−0.0015%/8h= −1.6% APRpaid last 24h −0.063%
Price spread now: Ondo Perps against BloFin−0.096%7-day average −0.187% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.101%−$10 on $10k
+Price spread, last 4 days (all we have)−0.122%−$12 · spread now −0.096%, 7d avg −0.187%
=Together, before fees−0.224%+ Points / potential airdropOndo Perps: Active · farm board−$22 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Ondo Perps is 0.091% dearer against BloFin than usual: you sell high and buy low (spread −0.096% now, against its 7-day average of −0.187%): +$9 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 21 days. At the pace of the last 7 days (−0.101% in total) that is about 6.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin QQQ-USDT | 743.11 | −0.0027 | get 0.0027% / 8h | 3h 38m | $1.1M | $256K | 20x |
| Short | Ondo Perps QQQ-USD.P | 742.40 | −0.0042 | pay 0.0005% / 1h | 38m 22s | $4.2M | $1.8M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against BloFin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$3.07
- Price spread: −0.096% → −0.187%
- $9.12
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$10.94
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 4 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BloFin live order book, 4 min ago | 0.07 bp | 6.1 bp −$6 | 6.4 bp −$64 | 10.9 bp −$1,093 | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GMX QQQ/USD [ETH-USDC] | L −0.0134% / S +0.0231% | 1h | 743.17 | +0.009% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.Pshort | −0.0042% | 1h | 742.40 | −0.096% | $4.2M | $1.8M | 20x | |
| BloFin QQQ-USDTlong | −0.0027% | 8h | 743.11 | long leg | $1.1M | $256K | 20x | |
| Aster QQQUSDT | 0.0000% | 8h | 743.15 | +0.006% | $840K | $714K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 743.10 | −0.001% | $10.7M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 743.01 | −0.013% | $21.4M | $26.9M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 742.78 | −0.044% | $3.3M | $20.9M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 743.36 | +0.034% | $16.9M | $5.5M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 743.22 | +0.015% | $17.1M | $7.3M | — | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 743.60 | +0.066% | $2K | $1.9M | 10x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International QQQ-PERP-INTX | 0.0000% | 1h | 742.64 | −0.063% | $1.2M | $536K | 20x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 743.57 | +0.062% | $257K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 743.12 | +0.001% | $359K | $1.6M | 10x | as long as short |
| Binance QQQUSDT | +0.0005% | 8h | 743.18 | +0.009% | $70.8M | $141.3M | 25x | as long as short |
| RISEx QQQ/USDC | +0.0010% | 1h | 743.24 | +0.018% | $5.4M | $7.3M | 25x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 743.06 | −0.007% | $7.7M | $15.8M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 743.48 | +0.050% | $37.0M | $78.7M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 742.61 | −0.067% | $702K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 744.19 | +0.145% | — | $337K | 50x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0072% | 8h | 743.44 | +0.045% | $315K | $1.9M | 10x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0073% | 1h | 742.91 | −0.027% | $424K | $150K | 20x | as long as short |
| Nado QQQ-PERP | +0.0091% | 1h | 742.86 | −0.034% | $1.5M | $763K | 20x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 742.95 | −0.022% | $3.4M | $339K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 743.28 | +0.023% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 742.85 | −0.035% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 742.35 | −0.103% | $92K | $1K | 10x | as long as short |
| Phoenix QQQ | +0.0118% | 1h | 743.10 | −0.001% | $38K | $66K | 20x | as long as short |
| edgeX QQQUSDC | +0.0938% | 4h | 743.35 | +0.033% | $760K | $334K | 20x | as long as short |
BloFin QQQ-USDT
GMX QQQ/USD [ETH-USDC]
Aster QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
Bitget QQQUSDT
Variational Omni QQQ
SunX QQQ-USDT
Coinbase International QQQ-PERP-INTX
HTX QQQ-USDT
Phemex QQQUSDT
Binance QQQUSDT
RISEx QQQ/USDC
Lighter QQQ
Lighter RH QQQ
GRVT QQQ_USDT_Perp
Deribit QQQ_USDC-PERPETUAL
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Phoenix QQQ
edgeX QQQUSDC