QQQ

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0059%/8h= +6.5% APRnext payment +$0.07 per $10,000 · paid last 24h −0.044%

Price spread now: Ondo Perps against GMX−0.170%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on GMX Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories

Funding pays, the price is against you. Ondo Perps is 0.170% cheaper against GMX than usual: you would sell low and buy high (spread −0.170% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$17 on $10k: about 9.6 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX QQQ/USD [ETH-USDC]	744.03	L −0.0112% / S +0.0214%	get 0.0014% / 1h	24m 00s	$25K	—	26x
Short	Ondo Perps QQQ-USD.P	742.77	−0.0053	pay 0.0007% / 1h	24m 00s	$4.2M	$1.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against GMX. 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

Position, each leg$Hold fordaysFee GMXbpFee Ondo PerpsbpOrdersPrice spread, now −0.170%Rate

Funding earned: $12.38
Price spread: −0.170% → 0.000%: −$17
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$21.63
Costs to cover: 0.170%
Break-even: 19.2 days

Slippage unknown: GMX: no order-book sample; 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 GMX no order-book sample	—	—	—	—	—
Sell Ondo Perps no order-book sample	—	—	—	—	—

GMX and 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]long	L −0.0112% / S +0.0214%	1h	744.03	long leg	$25K	—	26x
Ondo Perps QQQ-USD.Pshort	−0.0053%	1h	742.77	−0.170%	$4.2M	$1.8M	20x
BloFin QQQ-USDT	−0.0003%	8h	744.02	−0.002%	$1.1M	$303K	20x	as long as short
Aster QQQUSDT	0.0000%	8h	744.05	+0.002%	$841K	$713K	20x	as long as short
Bybit QQQUSDT	0.0000%	8h	744.11	+0.010%	$10.7M	$5.0M	50x	as long as short
OKX QQQ-USDT-SWAP	0.0000%	8h	743.93	−0.014%	$21.7M	$26.3M	50x	as long as short
RISEx QQQ/USDC	0.0000%	1h	744.05	+0.003%	$5.4M	$7.5M	25x	as long as short
Gate QQQ_USDT	0.0000%	8h	743.59	−0.060%	$3.3M	$21.1M	50x	as long as short
Bitget QQQUSDT	0.0000%	8h	744.34	+0.041%	$16.9M	$5.7M	20x	as long as short
SunX QQQ-USDT	0.0000%	8h	744.44	+0.054%	$2K	$2.0M	10x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit QQQ_USDC-PERPETUAL	0.0000%	1h	743.70	−0.045%	$425K	$149K	20x	as long as short
HTX QQQ-USDT	0.0000%	8h	744.28	+0.033%	$257K	$29K	30x	as long as short
Phemex QQQUSDT	0.0000%	8h	744.32	+0.038%	$361K	$1.5M	10x	as long as short
Variational Omni QQQ	+0.0032%	8h	743.92	−0.015%	$17.1M	$7.5M	—	as long as short
Lighter QQQ	+0.0032%	1h	743.81	−0.030%	$7.7M	$17.1M	30x	as long as short
Lighter RH QQQ	+0.0032%	1h	744.27	+0.032%	$37.3M	$79.5M	50x	as long as short
Coinbase International QQQ-PERP-INTX	+0.0032%	1h	743.51	−0.071%	$1.2M	$534K	20x	as long as short
Arcus QQQ-USD	+0.0040%	1h	743.10	−0.126%	$694K	$1.6M	25x	as long as short
Vest QQQ-USD-PERP	+0.0046%	1h	744.99	+0.128%	—	$337K	50x	as long as short
Binance QQQUSDT	+0.0062%	8h	744.04	+0.001%	$71.2M	$143.3M	25x	as long as short
Nado QQQ-PERP	+0.0089%	1h	743.61	−0.057%	$1.5M	$920K	20x	as long as short
KuCoin QQQUSDTM	+0.0100%	8h	743.79	−0.033%	$3.4M	$405K	20x	as long as short
ApeX Omni QQQUSDT	+0.0100%	1h	743.63	−0.054%	$20K	$2.2M	50x	as long as short
Orderly PERP_QQQ_USDC_mythos	+0.0100%	8h	743.77	−0.036%	$12K	$21K	20x	as long as short
Aevo QQQ-PERP	+0.0104%	1h	743.25	−0.106%	$92K	$1K	10x	as long as short
GRVT QQQ_USDT_Perp	+0.0140%	8h	744.18	+0.019%	$319K	$1.9M	10x	as long as short
Phoenix QQQ	+0.0161%	1h	743.78	−0.034%	$38K	$66K	20x	as long as short
edgeX QQQUSDC	+0.0462%	4h	743.85	−0.024%	$761K	$334K	20x	as long as short