Funding you earn now, next payment 03:00 UTC+0.0049%/8h= +5.4% APRpaid last 24h +0.070%
Price spread now: BloFin against Ondo Perps+0.168%7-day average +0.189% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.108%+$11 on $10k
+Price spread, last 4 days (all we have)+0.187%+$19 · spread now +0.168%, 7d avg +0.189%
=Together, before fees+0.295%+ Points / potential airdropOndo Perps: Active · farm board+$30 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.021% cheaper against Ondo Perps than usual: you would sell low and buy high (spread +0.168% now, against its 7-day average of +0.189%). If the spread goes back, that is −$2 on $10k: about 34 hours of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps QQQ-USD.P | 742.77 | −0.0053 | get 0.0007% / 1h | 24m 13s | $4.2M | $1.8M | 20x |
| Short | BloFin QQQ-USDT | 744.02 | −0.0003 | pay 0.0003% / 8h | 5h 24m | $1.1M | $303K | 20x |
Ondo Perps QQQ-USD.P
BloFin QQQ-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $10.36
- Price spread: +0.168% → +0.189%
- −$2.08
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$8.73
- Costs to cover
- 0.170%
- Break-even
- 12.9 days
Slippage unknown: Ondo Perps: no order-book sample; BloFin: live order book, 3 min ago. 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 3 min ago | 0.13 bp | 6.1 bp −$6 | 6.8 bp −$68 | 10.3 bp −$1,033 | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GMX QQQ/USD [ETH-USDC] | L −0.0112% / S +0.0214% | 1h | 744.03 | +0.170% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.Plong | −0.0053% | 1h | 742.77 | long leg | $4.2M | $1.8M | 20x | |
| BloFin QQQ-USDTshort | −0.0003% | 8h | 744.02 | +0.168% | $1.1M | $303K | 20x | |
| Aster QQQUSDT | 0.0000% | 8h | 744.05 | +0.172% | $841K | $713K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 744.11 | +0.180% | $10.7M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 743.93 | +0.156% | $21.7M | $26.3M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 744.05 | +0.173% | $5.4M | $7.5M | 25x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 743.58 | +0.109% | $3.3M | $21.1M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 744.34 | +0.211% | $16.9M | $5.7M | 20x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 744.44 | +0.225% | $2K | $2.0M | 10x | as long as short |
GMX QQQ/USD [ETH-USDC]
Aster QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Gate QQQ_USDT
Bitget QQQUSDT
SunX QQQ-USDTShow 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 | +0.125% | $425K | $149K | 20x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 744.28 | +0.203% | $257K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 744.32 | +0.209% | $361K | $1.5M | 10x | as long as short |
| Variational Omni QQQ | +0.0032% | 8h | 743.92 | +0.155% | $17.1M | $7.5M | — | as long as short |
| Lighter QQQ | +0.0032% | 1h | 743.81 | +0.140% | $7.7M | $17.1M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 744.27 | +0.202% | $37.3M | $79.5M | 50x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0032% | 1h | 743.51 | +0.100% | $1.2M | $534K | 20x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 743.10 | +0.044% | $694K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 744.99 | +0.299% | — | $337K | 50x | as long as short |
| Binance QQQUSDT | +0.0062% | 8h | 744.04 | +0.171% | $71.2M | $143.3M | 25x | as long as short |
| Nado QQQ-PERP | +0.0089% | 1h | 743.61 | +0.113% | $1.5M | $920K | 20x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 743.79 | +0.137% | $3.4M | $405K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 743.63 | +0.116% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 743.77 | +0.135% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 743.25 | +0.065% | $92K | $1K | 10x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0140% | 8h | 744.18 | +0.189% | $319K | $1.9M | 10x | as long as short |
| Phoenix QQQ | +0.0161% | 1h | 743.78 | +0.136% | $38K | $66K | 20x | as long as short |
| edgeX QQQUSDC | +0.0462% | 4h | 743.85 | +0.146% | $761K | $334K | 20x | as long as short |
Deribit QQQ_USDC-PERPETUAL
HTX QQQ-USDT
Phemex QQQUSDT
Variational Omni QQQ
Lighter QQQ
Lighter RH QQQ
Coinbase International QQQ-PERP-INTX
Arcus QQQ-USD
Vest QQQ-USD-PERP
Binance QQQUSDT
Nado QQQ-PERP
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
GRVT QQQ_USDT_Perp
Phoenix QQQ
edgeX QQQUSDC