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−0.0154%/8h= −16.8% APRpaid last 24h −0.073%
Price spread now: Ondo Perps against KuCoin−0.134%7-day average −0.153% · 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−0.444%−$44 on $10k
Price spread, last 7 days−0.029%−$3 · spread now −0.134%, 7d avg −0.153%
Together, before fees−0.473%+ Points / potential airdropOndo Perps: Active · farm board−$47 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.153%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin QQQUSDTM743.770.0100pay 0.0100% / 8h5h 23m$3.4M$405K20x
ShortOndo Perps QQQ-USD.P742.77−0.0054pay 0.0007% / 1h23m 23s$4.2M$1.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against KuCoin. 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
−$32.26
Price spread: −0.134% → −0.153%
$1.82
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$47.44
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: KuCoin: 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 KuCoin live order book, 4 min ago1.28 bp7.6 bp −$8doesn't fitdoesn'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 −0.0112% / S +0.0214%1h744.02+0.034%$25K26xas long as short
Ondo Perps QQQ-USD.Pshort−0.0054%1h742.77−0.134%$4.2M$1.8M20x
BloFin QQQ-USDT−0.0003%8h744.02+0.034%$1.1M$303K20xas long as short
Aster QQQUSDT0.0000%8h744.03+0.035%$841K$713K20xas long as short
Bybit QQQUSDT0.0000%8h744.11+0.046%$10.7M$5.0M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h743.96+0.026%$21.7M$26.3M50xas long as short
RISEx QQQ/USDC0.0000%1h744.06+0.039%$5.4M$7.5M25xas long as short
Gate QQQ_USDT0.0000%8h743.59−0.024%$3.3M$21.2M50xas long as short
Bitget QQQUSDT0.0000%8h744.33+0.075%$16.9M$5.7M20xas long as short
SunX QQQ-USDT0.0000%8h744.46+0.093%$2K$2.0M10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit QQQ_USDC-PERPETUAL0.0000%1h743.70−0.009%$425K$149K20xas long as short
HTX QQQ-USDT0.0000%8h744.26+0.066%$257K$29K30xas long as short
Phemex QQQUSDT0.0000%8h744.31+0.073%$361K$1.5M10xas long as short
Variational Omni QQQ+0.0032%8h743.92+0.021%$17.1M$7.5Mas long as short
Lighter QQQ+0.0032%1h743.81+0.005%$7.7M$17.1M30xas long as short
Lighter RH QQQ+0.0032%1h744.27+0.067%$37.3M$79.5M50xas long as short
Coinbase International QQQ-PERP-INTX+0.0032%1h743.51−0.035%$1.2M$534K20xas long as short
Arcus QQQ-USD+0.0040%1h743.10−0.090%$694K$1.6M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h744.99+0.164%$337K50xas long as short
Binance QQQUSDT+0.0062%8h744.01+0.032%$71.1M$143.2M25xas long as short
Nado QQQ-PERP+0.0089%1h743.66−0.015%$1.5M$920K20xas long as short
KuCoin QQQUSDTMlong+0.0100%8h743.77long leg$3.4M$405K20x
ApeX Omni QQQUSDT+0.0100%1h743.61−0.022%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h743.73−0.005%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h743.19−0.078%$92K$1K10xas long as short
GRVT QQQ_USDT_Perp+0.0140%8h744.18+0.055%$319K$1.9M10xas long as short
Phoenix QQQ+0.0161%1h743.64−0.017%$38K$66K20xas long as short
edgeX QQQUSDC+0.0742%4h743.88+0.015%$761K$334K20xas long as short