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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC+0.0366%/8hpaid last 24h +0.053%
Price spread now: Bitget against Ondo Perps+0.205%7-day average +0.235% · you sell dearer than you buy
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+0.368%+$37 on $10k
Price spread, last 7 days+0.052%+$5 · spread now +0.205%, 7d avg +0.235%
Together, before fees+0.421%+ Points / potential airdropOndo Perps: Active · farm board+$42 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bitget is 0.030% cheaper against Ondo Perps than usual: you would sell low and buy high (spread +0.205% now, against its 7-day average of +0.235%). If the spread goes back, that is −$3 on $10k: about 7 hours of funding at the current rate (+$11 a day). At the pace of the last 7 days (+0.368% in total) that is about 14 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps QQQ-USD.P741.84−0.0082get 0.0010% / 1h22m 05s$4.2M$2.3M20x
ShortBitget QQQUSDT743.360.0284get 0.0284% / 8h4h 22m$16.9M$7.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Ondo Perps. 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
$76.94
Price spread: +0.205% → +0.235%
−$3.01
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Bitget: 6 bp × 2 orders
−$12
Net
$56.94
Costs to cover
0.170%
Break-even
1.8 days
Slippage unknown: Ondo Perps: no order-book sample; Bitget: live order book, 1 min ago. 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 Ondo Perps no order-book sample
Sell Bitget live order book, 1 min ago0.07 bp6.5 bp −$78.0 bp −$8013.0 bp −$1,298doesn't fit
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.Plong−0.0082%1h741.84long leg$4.2M$2.3M20x
Arcus QQQ-USD−0.0037%1h742.37+0.071%$757K$1.5M25xas long as short
GMX QQQ/USD [ETH-USDC]L −0.0027% / S +0.0135%1h743.28+0.195%$25K53xas long as short
Gate QQQ_USDT−0.0018%8h742.57+0.098%$3.1M$33.8M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h743.07+0.166%$21.3M$26.1M50xas long as short
RISEx QQQ/USDC0.0000%1h743.14+0.175%$5.2M$9.0M25xas long as short
SunX QQQ-USDT0.0000%8h743.55+0.231%$2K$2.4M10xas long as short
HTX QQQ-USDT0.0000%8h743.16+0.178%$257K$33K30xas long as short
Phemex QQQUSDT0.0000%8h743.52+0.226%$362K$1.3M10xas long as short
Phoenix QQQ+0.0022%1h742.56+0.097%$38K$73K20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter QQQ+0.0032%1h743.19+0.182%$8.0M$21.6M30xas long as short
Lighter RH QQQ+0.0032%1h743.64+0.243%$39.3M$84.3M50xas long as short
Aster QQQUSDT+0.0037%8h743.05+0.163%$846K$584K20xas long as short
Vest QQQ-USD-PERP+0.0046%1h743.83+0.268%$621K50xas long as short
Coinbase International QQQ-PERP-INTX+0.0064%1h742.77+0.125%$1.2M$847K20xas long as short
Bybit QQQUSDT+0.0066%8h743.30+0.197%$10.6M$5.8M50xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0073%1h743.13+0.174%$425K$303K20xas long as short
KuCoin QQQUSDTM+0.0100%8h742.91+0.144%$3.4M$439K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h742.60+0.102%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h742.37+0.071%$7K$15K20xas long as short
Variational Omni QQQ+0.0101%8h742.68+0.113%$17.2M$10.4Mas long as short
Aevo QQQ-PERP+0.0104%1h742.63+0.106%$92K$1K10xas long as short
Binance QQQUSDT+0.0119%8h743.30+0.197%$69.8M$155.0M25xas long as short
BloFin QQQ-USDT+0.0120%8h742.23+0.053%$1.1M$511K20xas long as short
Nado QQQ-PERP+0.0152%1h742.68+0.114%$1.5M$1.4M20xas long as short
GRVT QQQ_USDT_Perp+0.0203%8h743.10+0.170%$321K$1.5M10xas long as short
Bitget QQQUSDTshort+0.0284%8h743.36+0.205%$16.9M$7.5M20x
edgeX QQQUSDC+0.0516%4h742.88+0.140%$760K$335K20xas long as short