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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin QQQ-USDT743.11−0.0027get 0.0027% / 8h3h 38m$1.1M$256K20x
ShortOndo Perps QQQ-USD.P742.40−0.0042pay 0.0005% / 1h38m 22s$4.2M$1.8M20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 4 min ago0.07 bp6.1 bp −$66.4 bp −$6410.9 bp −$1,093doesn'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 −0.0134% / S +0.0231%1h743.17+0.009%$25K26xas long as short
Ondo Perps QQQ-USD.Pshort−0.0042%1h742.40−0.096%$4.2M$1.8M20x
BloFin QQQ-USDTlong−0.0027%8h743.11long leg$1.1M$256K20x
Aster QQQUSDT0.0000%8h743.15+0.006%$840K$714K20xas long as short
Bybit QQQUSDT0.0000%8h743.10−0.001%$10.7M$5.0M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h743.01−0.013%$21.4M$26.9M50xas long as short
Gate QQQ_USDT0.0000%8h742.78−0.044%$3.3M$20.9M50xas long as short
Bitget QQQUSDT0.0000%8h743.36+0.034%$16.9M$5.5M20xas long as short
Variational Omni QQQ0.0000%8h743.22+0.015%$17.1M$7.3Mas long as short
SunX QQQ-USDT0.0000%8h743.60+0.066%$2K$1.9M10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International QQQ-PERP-INTX0.0000%1h742.64−0.063%$1.2M$536K20xas long as short
HTX QQQ-USDT0.0000%8h743.57+0.062%$257K$29K30xas long as short
Phemex QQQUSDT0.0000%8h743.12+0.001%$359K$1.6M10xas long as short
Binance QQQUSDT+0.0005%8h743.18+0.009%$70.8M$141.3M25xas long as short
RISEx QQQ/USDC+0.0010%1h743.24+0.018%$5.4M$7.3M25xas long as short
Lighter QQQ+0.0032%1h743.06−0.007%$7.7M$15.8M30xas long as short
Lighter RH QQQ+0.0032%1h743.48+0.050%$37.0M$78.7M50xas long as short
Arcus QQQ-USD+0.0040%1h742.61−0.067%$702K$1.6M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h744.19+0.145%$337K50xas long as short
GRVT QQQ_USDT_Perp+0.0072%8h743.44+0.045%$315K$1.9M10xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0073%1h742.91−0.027%$424K$150K20xas long as short
Nado QQQ-PERP+0.0091%1h742.86−0.034%$1.5M$763K20xas long as short
KuCoin QQQUSDTM+0.0100%8h742.95−0.022%$3.4M$339K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h743.28+0.023%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h742.85−0.035%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h742.35−0.103%$92K$1K10xas long as short
Phoenix QQQ+0.0118%1h743.10−0.001%$38K$66K20xas long as short
edgeX QQQUSDC+0.0938%4h743.35+0.033%$760K$334K20xas long as short