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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0123%/8h= −13.5% APRpaid last 24h −0.039%
Price spread now: Ondo Perps against Gate−0.058%7-day average −0.192% · 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−0.226%−$23 on $10k
Price spread, last 7 days−0.173%−$17 · spread now −0.058%, 7d avg −0.192%
Together, before fees−0.398%+ Points / potential airdropOndo Perps: Active · farm board−$40 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Ondo Perps is 0.134% dearer against Gate than usual: you sell high and buy low (spread −0.058% now, against its 7-day average of −0.192%): +$13 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 3.6 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate QQQ_USDT743.710get 0.0000% / 8h4h 05m$3.3M$20.8M50x
ShortOndo Perps QQQ-USD.P743.28−0.0123pay 0.0015% / 1h5m 36s$4.2M$1.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Gate. 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
−$25.87
Price spread: −0.058% → −0.192%
$13.41
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$32.47
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Gate: live order book, 3 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 Gate live order book, 3 min ago0.87 bp11.2 bp −$1117.5 bp −$175doesn'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
GMX QQQ/USD [ETH-USDC]L −0.0128% / S +0.0227%1h744.25+0.073%$25K26xas long as short
Ondo Perps QQQ-USD.Pshort−0.0123%1h743.28−0.058%$4.2M$1.8M20x
Aster QQQUSDT0.0000%8h744.24+0.071%$841K$714K20xas long as short
Bybit QQQUSDT0.0000%8h744.23+0.070%$10.7M$5.0M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h744.03+0.043%$21.5M$26.9M50xas long as short
RISEx QQQ/USDC0.0000%1h744.28+0.077%$5.4M$7.4M25xas long as short
Gate QQQ_USDTlong0.0000%8h743.71long leg$3.3M$20.8M50x
Bitget QQQUSDT0.0000%8h744.37+0.089%$16.9M$5.6M20xas long as short
Variational Omni QQQ0.0000%8h744.12+0.056%$17.1M$7.4Mas long as short
SunX QQQ-USDT0.0000%8h744.70+0.133%$2K$1.9M10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX QQQ-USDT0.0000%8h744.63+0.124%$257K$29K30xas long as short
Phemex QQQUSDT0.0000%8h744.57+0.116%$361K$1.5M10xas long as short
Coinbase International QQQ-PERP-INTX+0.0008%1h743.80+0.012%$1.2M$536K20xas long as short
BloFin QQQ-USDT+0.0019%8h744.09+0.051%$1.1M$256K20xas long as short
Binance QQQUSDT+0.0023%8h744.18+0.064%$71.0M$141.4M25xas long as short
Lighter QQQ+0.0032%1h744.07+0.048%$7.7M$16.4M30xas long as short
Arcus QQQ-USD+0.0040%1h743.52−0.026%$698K$1.6M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h745.20+0.200%$337K50xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0046%1h743.96+0.034%$425K$150K20xas long as short
Lighter RH QQQ+0.0048%1h744.47+0.102%$37.0M$79.9M50xas long as short
GRVT QQQ_USDT_Perp+0.0091%8h744.39+0.091%$316K$1.9M10xas long as short
Nado QQQ-PERP+0.0097%1h743.90+0.026%$1.5M$811K20xas long as short
edgeX QQQUSDC+0.0100%4h744.15+0.060%$761K$334K20xas long as short
KuCoin QQQUSDTM+0.0100%8h743.90+0.026%$3.4M$355K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h743.88+0.023%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h743.99+0.038%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h743.42−0.039%$93K$1K10xas long as short
Phoenix QQQ+0.0129%1h743.81+0.013%$38K$66K20xas long as short