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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0293%/8h= +32.1% APRpaid last 24h +0.051%
Price spread now: OKX against Ondo Perps+0.191%7-day average +0.207% · 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+0.283%+$28 on $10k
Price spread, last 7 days+0.028%+$3 · spread now +0.191%, 7d avg +0.207%
Together, before fees+0.312%+ Points / potential airdropOndo Perps: Active · farm board+$31 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.207%, so right now this pair is about funding alone: +$9 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps QQQ-USD.P743.10−0.0293get 0.0037% / 1h59m 14s$4.2M$2.0M20x
ShortOKX QQQ-USDT-SWAP744.520get 0.0000% / 8h6h 59m$21.5M$25.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$61.49
Price spread: +0.191% → +0.207%
−$1.54
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee OKX: 5 bp × 2 orders
−$10
Net
$44.95
Costs to cover
0.150%
Break-even
1.9 days
Slippage unknown: Ondo Perps: no order-book sample; OKX: 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 OKX live order book, 4 min ago0.07 bp5.1 bp −$56.1 bp −$6113.1 bp −$1,310doesn'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−0.0293%1h743.10long leg$4.2M$2.0M20x
GMX QQQ/USD [ETH-USDC]L −0.0092% / S +0.0199%1h744.75+0.221%$25K26xas long as short
OKX QQQ-USDT-SWAPshort0.0000%8h744.52+0.191%$21.5M$25.3M50x
Gate QQQ_USDT0.0000%8h744.36+0.170%$3.2M$19.9M50xas long as short
SunX QQQ-USDT0.0000%8h745.21+0.284%$2K$2.1M10xas long as short
HTX QQQ-USDT0.0000%8h744.94+0.248%$257K$29K30xas long as short
Phemex QQQUSDT0.0000%8h745.09+0.268%$359K$1.4M10xas long as short
BloFin QQQ-USDT+0.0003%8h744.38+0.172%$1.1M$320K20xas long as short
Aster QQQUSDT+0.0023%8h744.66+0.210%$841K$713K20xas long as short
Bybit QQQUSDT+0.0025%8h744.74+0.221%$10.7M$5.0M50xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter QQQ+0.0032%1h744.51+0.190%$7.7M$17.6M30xas long as short
Lighter RH QQQ+0.0032%1h744.91+0.244%$37.4M$78.5M50xas long as short
Arcus QQQ-USD+0.0040%1h743.79+0.093%$748K$1.5M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h745.30+0.296%$306K50xas long as short
Coinbase International QQQ-PERP-INTX+0.0048%1h744.09+0.133%$1.2M$545K20xas long as short
Variational Omni QQQ+0.0072%8h744.60+0.202%$17.1M$7.6Mas long as short
Nado QQQ-PERP+0.0098%1h744.41+0.176%$1.5M$1.1M20xas long as short
Binance QQQUSDT+0.0100%8h744.74+0.221%$71.3M$149.1M25xas long as short
KuCoin QQQUSDTM+0.0100%8h744.46+0.183%$3.4M$410K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h744.13+0.139%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h744.51+0.190%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h744.09+0.134%$93K$1K10xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0113%1h744.49+0.187%$425K$147K20xas long as short
Bitget QQQUSDT+0.0143%8h744.71+0.217%$16.9M$6.1M20xas long as short
RISEx QQQ/USDC+0.0168%1h744.80+0.229%$5.4M$8.2M25xas long as short
edgeX QQQUSDC+0.0216%4h744.53+0.192%$761K$337K20xas long as short
Phoenix QQQ+0.0258%1h744.24+0.153%$38K$66K20xas long as short
GRVT QQQ_USDT_Perp+0.0371%8h744.88+0.240%$318K$1.8M10xas long as short