Funding you earn now, next payment 03:00 UTC−0.0143%/8h= −15.7% APRnext payment −$0.18 per $10,000 · paid last 24h −0.048%
Price spread now: Ondo Perps against Coinbase International−0.075%7-day average −0.133% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.474%−$47 on $10k
+Price spread, last 4 days (all we have)−0.203%−$20 · spread now −0.075%, 7d avg −0.133%
=Together, before fees−0.677%+ Points / potential airdropOndo Perps: Active · farm board−$68 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Ondo Perps is 0.057% dearer against Coinbase International than usual: you sell high and buy low (spread −0.075% now, against its 7-day average of −0.133%): +$6 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 32 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International QQQ-PERP-INTX | 743.80 | 0.0008 | pay 0.0001% / 1h | 11m 38s | $1.2M | $536K | 20x |
| Short | Ondo Perps QQQ-USD.P | 743.24 | −0.0135 | pay 0.0017% / 1h | 11m 38s | $4.2M | $1.8M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Coinbase International. 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
- −$30.07
- Price spread: −0.075% → −0.133%
- $5.73
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$39.34
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: live order book, 2 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 Coinbase International live order book, 2 min ago | 0.07 bp | 5.7 bp −$6 | 7.2 bp −$72 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps QQQ-USD.Pshort | −0.0135% | 1h | 743.24 | −0.075% | $4.2M | $1.8M | 20x | |
| GMX QQQ/USD [ETH-USDC] | L −0.0127% / S +0.0226% | 1h | 744.25 | +0.060% | $25K | — | 26x | as long as short |
| BloFin QQQ-USDT | −0.0002% | 8h | 744.15 | +0.047% | $1.1M | $261K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 744.23 | +0.058% | $841K | $714K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 744.26 | +0.062% | $10.7M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 744.08 | +0.038% | $21.5M | $26.9M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 744.35 | +0.074% | $5.4M | $7.4M | 25x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 743.74 | −0.008% | $3.3M | $20.8M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 744.36 | +0.075% | $16.9M | $5.7M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 744.30 | +0.068% | $17.1M | $7.4M | — | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX QQQ-USDT | 0.0000% | 8h | 744.70 | +0.121% | $2K | $1.9M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 744.65 | +0.114% | $257K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 744.57 | +0.104% | $363K | $1.5M | 10x | as long as short |
| Coinbase International QQQ-PERP-INTXlong | +0.0008% | 1h | 743.80 | long leg | $1.2M | $536K | 20x | |
| Binance QQQUSDT | +0.0025% | 8h | 744.24 | +0.059% | $71.0M | $141.5M | 25x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 744.10 | +0.040% | $7.7M | $16.4M | 30x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 743.62 | −0.024% | $698K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 745.21 | +0.190% | — | $337K | 50x | as long as short |
| Lighter RH QQQ | +0.0048% | 1h | 744.51 | +0.095% | $37.0M | $79.7M | 50x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0086% | 1h | 744.02 | +0.030% | $425K | $150K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0092% | 8h | 744.39 | +0.079% | $324K | $1.9M | 10x | as long as short |
| Nado QQQ-PERP | +0.0094% | 1h | 743.90 | +0.014% | $1.5M | $839K | 20x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 743.96 | +0.022% | $3.4M | $362K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 743.90 | +0.013% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 743.99 | +0.026% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 743.43 | −0.050% | $93K | $1K | 10x | as long as short |
| Phoenix QQQ | +0.0129% | 1h | 743.94 | +0.019% | $38K | $66K | 20x | as long as short |
| edgeX QQQUSDC | +0.0627% | 4h | 744.18 | +0.052% | $761K | $336K | 20x | as long as short |
Coinbase International QQQ-PERP-INTX
GMX QQQ/USD [ETH-USDC]
BloFin QQQ-USDT
Aster QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Gate QQQ_USDT
Bitget QQQUSDT
Variational Omni QQQ
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDT
Binance QQQUSDT
Lighter QQQ
Lighter RH QQQ
Deribit QQQ_USDC-PERPETUAL
GRVT QQQ_USDT_Perp
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Phoenix QQQ
edgeX QQQUSDC