QQQ

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0161%/8h= −17.6% APRnext payment −$0.20 per $10,000 · paid last 24h +0.020%

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

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

Long on Ondo Perps Short on GMX

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

The price spread pays, funding is against you. GMX is 0.170% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.170% now, against zero (this spread has no 7-day history yet)): +$17 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 3.5 days.

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 17s	$4.2M	$1.8M	20x
Short	GMX QQQ/USD [ETH-USDC]	744.03	L −0.0112% / S +0.0214%	pay 0.0027% / 1h	24m 17s	$25K	—	26x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX 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

Position, each leg$Hold fordaysFee Ondo PerpsbpFee GMXbpOrdersPrice spread, now +0.170%Rate

Funding earned: −$33.84
Price spread: +0.170% → 0.000%: $17.03
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee GMX: 6 bp × 2 orders: −$12
Net: −$33.81
Costs to cover: 0.170%
Break-even: from the start

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

Ondo Perps and GMX: 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]short	L −0.0112% / S +0.0214%	1h	744.03	+0.170%	$25K	—	26x
Ondo Perps QQQ-USD.Plong	−0.0053%	1h	742.77	long leg	$4.2M	$1.8M	20x
BloFin QQQ-USDT	−0.0003%	8h	744.02	+0.168%	$1.1M	$303K	20x	as long as short
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

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	+0.125%	$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