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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0154%/8h= +16.8% APRpaid last 24h +0.073%
Price spread now: KuCoin against Ondo Perps+0.135%7-day average +0.153% · 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+0.444%+$44 on $10k
Price spread, last 7 days+0.029%+$3 · spread now +0.135%, 7d avg +0.153%
Together, before fees+0.473%+ Points / potential airdropOndo Perps: Active · farm board+$47 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.153%, 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.P742.77−0.0054get 0.0007% / 1h23m 19s$4.2M$1.8M20x
ShortKuCoin QQQUSDTM743.770.0100get 0.0100% / 8h5h 23m$3.4M$405K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$32.26
Price spread: +0.135% → +0.153%
−$1.8
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$13.46
Costs to cover
0.170%
Break-even
4.1 days
Slippage unknown: Ondo Perps: no order-book sample; KuCoin: live order book, 4 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 KuCoin live order book, 4 min ago1.28 bp17.4 bp −$17doesn't fitdoesn'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
GMX QQQ/USD [ETH-USDC]L −0.0112% / S +0.0214%1h744.02+0.169%$25K26xas long as short
Ondo Perps QQQ-USD.Plong−0.0054%1h742.77long leg$4.2M$1.8M20x
BloFin QQQ-USDT−0.0003%8h744.02+0.168%$1.1M$303K20xas long as short
Aster QQQUSDT0.0000%8h744.03+0.170%$841K$713K20xas long as short
Bybit QQQUSDT0.0000%8h744.11+0.180%$10.7M$5.0M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h743.96+0.160%$21.7M$26.3M50xas long as short
RISEx QQQ/USDC0.0000%1h744.06+0.173%$5.4M$7.5M25xas long as short
Gate QQQ_USDT0.0000%8h743.59+0.110%$3.3M$21.2M50xas long as short
Bitget QQQUSDT0.0000%8h744.33+0.210%$16.9M$5.7M20xas long as short
SunX QQQ-USDT0.0000%8h744.46+0.228%$2K$2.0M10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit QQQ_USDC-PERPETUAL0.0000%1h743.70+0.125%$425K$149K20xas long as short
HTX QQQ-USDT0.0000%8h744.26+0.201%$257K$29K30xas long as short
Phemex QQQUSDT0.0000%8h744.31+0.207%$361K$1.5M10xas long as short
Variational Omni QQQ+0.0032%8h743.92+0.155%$17.1M$7.5Mas long as short
Lighter QQQ+0.0032%1h743.81+0.140%$7.7M$17.1M30xas long as short
Lighter RH QQQ+0.0032%1h744.27+0.202%$37.3M$79.5M50xas long as short
Coinbase International QQQ-PERP-INTX+0.0032%1h743.51+0.100%$1.2M$534K20xas long as short
Arcus QQQ-USD+0.0040%1h743.10+0.044%$694K$1.6M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h744.99+0.299%$337K50xas long as short
Binance QQQUSDT+0.0062%8h744.01+0.167%$71.1M$143.2M25xas long as short
Nado QQQ-PERP+0.0089%1h743.66+0.120%$1.5M$920K20xas long as short
KuCoin QQQUSDTMshort+0.0100%8h743.77+0.135%$3.4M$405K20x
ApeX Omni QQQUSDT+0.0100%1h743.61+0.113%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h743.73+0.129%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h743.19+0.057%$92K$1K10xas long as short
GRVT QQQ_USDT_Perp+0.0140%8h744.18+0.189%$319K$1.9M10xas long as short
Phoenix QQQ+0.0161%1h743.64+0.117%$38K$66K20xas long as short
edgeX QQQUSDC+0.0742%4h743.88+0.150%$761K$334K20xas long as short