Funding you earn now, next payment 05:00 UTC+0.0052%/8h= +5.7% APRnext payment +$0.06 per $10,000 · paid last 24h +0.092%
Price spread now: RISEx against Ondo Perps+0.158%7-day average +0.216% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.233%+$23 on $10k
+Price spread, last 7 days+0.055%+$6 · spread now +0.158%, 7d avg +0.216%
=Together, before fees+0.288%+ Points / potential airdropOndo Perps: Active · farm board+$29 on $10k · with fees, hour by hour
Funding pays, the price is against you. RISEx is 0.058% cheaper against Ondo Perps than usual: you would sell low and buy high (spread +0.158% now, against its 7-day average of +0.216%). If the spread goes back, that is −$6 on $10k: about 3.7 days of funding at the current rate (+$2 a day). At the pace of the last 4 days (+0.233% in total) that is about 21 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps QQQ-USD.P | 742.07 | −0.0042 | get 0.0005% / 1h | 36m 46s | $4.2M | $1.8M | 20x |
| Short | RISEx QQQ/USDC | 743.25 | 0.0010 | get 0.0001% / 1h | 36m 46s | $5.4M | $7.3M | 25x |
Ondo Perps QQQ-USD.P
RISEx QQQ/USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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
- $10.85
- Price spread: +0.158% → +0.216%
- −$5.76
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- −$5.91
- Costs to cover
- 0.110%
- Break-even
- 10.8 days
Slippage unknown: Ondo Perps: no order-book sample; RISEx: live order book, 2 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 RISEx live order book, 2 min ago | 0.14 bp | 3.1 bp −$3 | 4.0 bp −$40 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX QQQ/USD [ETH-USDC] | L −0.0134% / S +0.0231% | 1h | 743.20 | +0.152% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.Plong | −0.0042% | 1h | 742.07 | long leg | $4.2M | $1.8M | 20x | |
| Aster QQQUSDT | 0.0000% | 8h | 743.18 | +0.149% | $840K | $714K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 743.10 | +0.139% | $10.7M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 743.00 | +0.125% | $21.4M | $26.9M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 742.78 | +0.096% | $3.3M | $20.9M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 743.32 | +0.168% | $16.9M | $5.5M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 743.22 | +0.156% | $17.1M | $7.3M | — | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 743.58 | +0.203% | $1K | $1.9M | 10x | as long as short |
| Coinbase International QQQ-PERP-INTX | 0.0000% | 1h | 742.64 | +0.077% | $1.2M | $536K | 20x | as long as short |
GMX QQQ/USD [ETH-USDC]
Aster QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
Bitget QQQUSDT
Variational Omni QQQ
SunX QQQ-USDT
Coinbase International QQQ-PERP-INTXShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX QQQ-USDT | 0.0000% | 8h | 743.57 | +0.202% | $257K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 743.50 | +0.193% | $358K | $1.6M | 10x | as long as short |
| Binance QQQUSDT | +0.0004% | 8h | 743.22 | +0.155% | $70.8M | $141.4M | 25x | as long as short |
| RISEx QQQ/USDCshort | +0.0010% | 1h | 743.25 | +0.158% | $5.4M | $7.3M | 25x | |
| BloFin QQQ-USDT | +0.0019% | 8h | 743.11 | +0.140% | $1.1M | $256K | 20x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 743.13 | +0.143% | $7.7M | $15.8M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 743.53 | +0.197% | $37.0M | $78.7M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 742.52 | +0.061% | $702K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 744.19 | +0.286% | — | $337K | 50x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0071% | 8h | 743.29 | +0.164% | $315K | $1.9M | 10x | as long as short |
| Nado QQQ-PERP | +0.0092% | 1h | 742.82 | +0.101% | $1.5M | $763K | 20x | as long as short |
| edgeX QQQUSDC | +0.0096% | 4h | 743.10 | +0.139% | $760K | $334K | 20x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 742.96 | +0.120% | $3.4M | $339K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 742.79 | +0.097% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 742.92 | +0.115% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 742.38 | +0.042% | $92K | $1K | 10x | as long as short |
| Phoenix QQQ | +0.0118% | 1h | 742.77 | +0.094% | $38K | $66K | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0127% | 1h | 743.04 | +0.131% | $424K | $150K | 20x | as long as short |
HTX QQQ-USDT
Phemex QQQUSDT
Binance QQQUSDT
BloFin QQQ-USDT
Lighter QQQ
Lighter RH QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
GRVT QQQ_USDT_Perp
Nado QQQ-PERP
edgeX QQQUSDC
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Phoenix QQQ
Deribit QQQ_USDC-PERPETUAL