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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International QQQ-PERP-INTX743.800.0008pay 0.0001% / 1h11m 38s$1.2M$536K20x
ShortOndo Perps QQQ-USD.P743.24−0.0135pay 0.0017% / 1h11m 38s$4.2M$1.8M20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Coinbase International live order book, 2 min ago0.07 bp5.7 bp −$67.2 bp −$72doesn't fitdoesn'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
Ondo Perps QQQ-USD.Pshort−0.0135%1h743.24−0.075%$4.2M$1.8M20x
GMX QQQ/USD [ETH-USDC]L −0.0127% / S +0.0226%1h744.25+0.060%$25K26xas long as short
BloFin QQQ-USDT−0.0002%8h744.15+0.047%$1.1M$261K20xas long as short
Aster QQQUSDT0.0000%8h744.23+0.058%$841K$714K20xas long as short
Bybit QQQUSDT0.0000%8h744.26+0.062%$10.7M$5.0M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h744.08+0.038%$21.5M$26.9M50xas long as short
RISEx QQQ/USDC0.0000%1h744.35+0.074%$5.4M$7.4M25xas long as short
Gate QQQ_USDT0.0000%8h743.74−0.008%$3.3M$20.8M50xas long as short
Bitget QQQUSDT0.0000%8h744.36+0.075%$16.9M$5.7M20xas long as short
Variational Omni QQQ0.0000%8h744.30+0.068%$17.1M$7.4Mas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX QQQ-USDT0.0000%8h744.70+0.121%$2K$1.9M10xas long as short
HTX QQQ-USDT0.0000%8h744.65+0.114%$257K$29K30xas long as short
Phemex QQQUSDT0.0000%8h744.57+0.104%$363K$1.5M10xas long as short
Coinbase International QQQ-PERP-INTXlong+0.0008%1h743.80long leg$1.2M$536K20x
Binance QQQUSDT+0.0025%8h744.24+0.059%$71.0M$141.5M25xas long as short
Lighter QQQ+0.0032%1h744.10+0.040%$7.7M$16.4M30xas long as short
Arcus QQQ-USD+0.0040%1h743.62−0.024%$698K$1.6M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h745.21+0.190%$337K50xas long as short
Lighter RH QQQ+0.0048%1h744.51+0.095%$37.0M$79.7M50xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0086%1h744.02+0.030%$425K$150K20xas long as short
GRVT QQQ_USDT_Perp+0.0092%8h744.39+0.079%$324K$1.9M10xas long as short
Nado QQQ-PERP+0.0094%1h743.90+0.014%$1.5M$839K20xas long as short
KuCoin QQQUSDTM+0.0100%8h743.96+0.022%$3.4M$362K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h743.90+0.013%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h743.99+0.026%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h743.43−0.050%$93K$1K10xas long as short
Phoenix QQQ+0.0129%1h743.94+0.019%$38K$66K20xas long as short
edgeX QQQUSDC+0.0627%4h744.18+0.052%$761K$336K20xas long as short