Funding you earn now, next payment 02:00 UTC+0.0165%/8h= +18.0% APRpaid last 24h +0.061%
Price spread now: Bybit against Ondo Perps+0.151%7-day average +0.218% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.285%+$29 on $10k
+Price spread, last 7 days+0.102%+$10 · spread now +0.151%, 7d avg +0.218%
=Together, before fees+0.388%+ Points / potential airdropOndo Perps: Active · farm board+$39 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bybit is 0.068% cheaper against Ondo Perps than usual: you would sell low and buy high (spread +0.151% now, against its 7-day average of +0.218%). If the spread goes back, that is −$7 on $10k: about 33 hours of funding at the current rate (+$5 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps QQQ-USD.P | 742.89 | −0.0165 | get 0.0021% / 1h | 35m 06s | $4.2M | $1.9M | 20x |
| Short | Bybit QQQUSDT | 744.01 | 0 | get 0.0000% / 8h | 6h 35m | $10.7M | $5.0M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $34.61
- Price spread: +0.151% → +0.218%
- −$6.76
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $11.85
- Costs to cover
- 0.160%
- Break-even
- 4.6 days
Slippage unknown: Ondo Perps: no order-book sample; Bybit: 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 Bybit live order book, 3 min ago | 0.07 bp | 7.2 bp −$7 | 9.3 bp −$93 | 45.0 bp −$4,502 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps QQQ-USD.Plong | −0.0165% | 1h | 742.89 | long leg | $4.2M | $1.9M | 20x | |
| GMX QQQ/USD [ETH-USDC] | L −0.0097% / S +0.0202% | 1h | 744.10 | +0.162% | $25K | — | 26x | as long as short |
| Bybit QQQUSDTshort | 0.0000% | 8h | 744.01 | +0.151% | $10.7M | $5.0M | 50x | |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 743.95 | +0.143% | $21.5M | $25.6M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 743.68 | +0.106% | $3.3M | $21.8M | 50x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 744.55 | +0.223% | $2K | $2.1M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 744.08 | +0.160% | $257K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 744.32 | +0.192% | $361K | $1.4M | 10x | as long as short |
| Aster QQQUSDT | +0.0009% | 8h | 744.07 | +0.159% | $841K | $712K | 20x | as long as short |
| BloFin QQQ-USDT | +0.0026% | 8h | 744.31 | +0.191% | $1.1M | $319K | 20x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter QQQ | +0.0032% | 1h | 743.88 | +0.133% | $7.8M | $17.7M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 744.28 | +0.187% | $37.4M | $79.7M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 743.15 | +0.035% | $703K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 745.06 | +0.292% | — | $337K | 50x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0048% | 1h | 743.40 | +0.069% | $1.2M | $536K | 20x | as long as short |
| Variational Omni QQQ | +0.0062% | 8h | 743.95 | +0.143% | $17.1M | $7.6M | — | as long as short |
| Bitget QQQUSDT | +0.0066% | 8h | 744.13 | +0.167% | $16.9M | $5.9M | 20x | as long as short |
| Binance QQQUSDT | +0.0086% | 8h | 744.09 | +0.161% | $71.1M | $147.6M | 25x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 743.84 | +0.128% | $3.4M | $405K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 743.62 | +0.098% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 743.81 | +0.124% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 743.27 | +0.052% | $93K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0121% | 1h | 743.72 | +0.112% | $1.5M | $1.0M | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0140% | 1h | 743.91 | +0.137% | $425K | $148K | 20x | as long as short |
| RISEx QQQ/USDC | +0.0168% | 1h | 744.13 | +0.167% | $5.4M | $8.1M | 25x | as long as short |
| Phoenix QQQ | +0.0183% | 1h | 743.66 | +0.104% | $38K | $66K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0230% | 8h | 744.26 | +0.185% | $318K | $1.8M | 10x | as long as short |
| edgeX QQQUSDC | +0.0751% | 4h | 743.92 | +0.139% | $761K | $334K | 20x | as long as short |
Bybit QQQUSDT
GMX QQQ/USD [ETH-USDC]
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDT
Aster QQQUSDT
BloFin QQQ-USDT
Lighter QQQ
Lighter RH QQQ
Coinbase International QQQ-PERP-INTX
Variational Omni QQQ
Bitget QQQUSDT
Binance QQQUSDT
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Deribit QQQ_USDC-PERPETUAL
RISEx QQQ/USDC
Phoenix QQQ
GRVT QQQ_USDT_Perp
edgeX QQQUSDC