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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0151%/8h= +16.6% APRpaid last 24h +0.039%
Price spread now: HTX against Ondo Perps+0.215%7-day average +0.219% · 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+0.237%+$24 on $10k
Price spread, last 4 days (all we have)−0.075%−$8 · spread now +0.215%, 7d avg +0.219%
Together, before fees+0.161%+ Points / potential airdropOndo Perps: Active · farm board+$16 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.219%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps QQQ-USD.P743.21−0.0151get 0.0019% / 1h32m 44s$4.2M$1.8M20x
ShortHTX QQQ-USDT744.810get 0.0000% / 8h4h 32m$257K$29K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
$31.75
Price spread: +0.215% → +0.219%
−$0.35
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee HTX: 6 bp × 2 orders
−$12
Net
$14.4
Costs to cover
0.170%
Break-even
3.8 days
Slippage unknown: Ondo Perps: no order-book sample; HTX: live order book, 24 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 HTX live order book, 24 min ago2.68 bp8.7 bp −$919.4 bp −$194doesn't fitdoesn'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−0.0151%1h743.21long leg$4.2M$1.8M20x
GMX QQQ/USD [ETH-USDC]L −0.0122% / S +0.0222%1h744.47+0.169%$25K26xas long as short
BloFin QQQ-USDT−0.0023%8h744.29+0.145%$1.1M$271K20xas long as short
Aster QQQUSDT0.0000%8h744.48+0.171%$841K$714K20xas long as short
Bybit QQQUSDT0.0000%8h744.38+0.157%$10.7M$5.0M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h744.29+0.145%$21.5M$26.9M50xas long as short
RISEx QQQ/USDC0.0000%1h744.54+0.179%$5.4M$7.5M25xas long as short
Gate QQQ_USDT0.0000%8h743.83+0.083%$3.3M$20.8M50xas long as short
Bitget QQQUSDT0.0000%8h744.60+0.187%$16.9M$5.7M20xas long as short
SunX QQQ-USDT0.0000%8h744.91+0.229%$2K$1.9M10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX QQQ-USDTshort0.0000%8h744.81+0.215%$257K$29K30x
Phemex QQQUSDT0.0000%8h744.78+0.211%$363K$1.5M10xas long as short
Variational Omni QQQ+0.0002%8h744.38+0.158%$17.1M$7.5Mas long as short
Coinbase International QQQ-PERP-INTX+0.0008%1h743.96+0.101%$1.2M$536K20xas long as short
Lighter QQQ+0.0032%1h744.27+0.143%$7.7M$16.3M30xas long as short
Binance QQQUSDT+0.0038%8h744.46+0.168%$71.1M$141.7M25xas long as short
Arcus QQQ-USD+0.0040%1h743.78+0.077%$699K$1.6M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h745.46+0.303%$337K50xas long as short
Lighter RH QQQ+0.0048%1h744.74+0.206%$36.9M$79.0M50xas long as short
Nado QQQ-PERP+0.0096%1h744.09+0.119%$1.5M$876K20xas long as short
KuCoin QQQUSDTM+0.0100%8h744.12+0.122%$3.4M$386K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h744.09+0.118%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h744.19+0.132%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h743.65+0.059%$93K$1K10xas long as short
GRVT QQQ_USDT_Perp+0.0110%8h744.58+0.184%$324K$1.9M10xas long as short
edgeX QQQUSDC+0.0111%4h744.37+0.156%$761K$335K20xas long as short
Phoenix QQQ+0.0129%1h744.01+0.108%$38K$66K20xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0315%1h744.41+0.161%$425K$149K20xas long as short