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+0.0194%/8h= +21.2% APRnext payment +$0.24 per $10,000 · paid last 24h +0.053%
Price spread now: Vest against Ondo Perps+0.303%7-day average +0.331% · 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 3 days (all we have)+0.072%+$7 on $10k
Price spread, last 4 days (all we have)−0.122%−$12 · spread now +0.303%, 7d avg +0.331%
Together, before fees−0.050%+ Points / potential airdropOndo Perps: Active · Vest: Active · farm board−$5 on $10k · with fees, hour by hour
Funding pays, the price is against you. Vest is 0.028% cheaper against Ondo Perps than usual: you would sell low and buy high (spread +0.303% now, against its 7-day average of +0.331%). If the spread goes back, that is −$3 on $10k: about 12 hours of funding at the current rate (+$6 a day). At the pace of the last 3 days (+0.072% in total) that is about 32 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps QQQ-USD.P743.21−0.0148get 0.0019% / 1h33m 23s$4.2M$1.8M20x
ShortVest QQQ-USD-PERP745.460.0046get 0.0006% / 1h33m 23s$337K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest 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
$40.67
Price spread: +0.303% → +0.331%
−$2.85
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Vest: 1 bp × 2 orders
−$2
Net
$30.83
Costs to cover
0.070%
Break-even
1.7 days
Slippage unknown: Ondo Perps: no order-book sample; Vest: 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
LegHalf-spread$10k$100k$1M$5M
Buy Ondo Perps no order-book sample
Sell Vest no order-book sample
Ondo Perps and Vest: 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−0.0148%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
Aster QQQUSDT0.0000%8h744.44+0.166%$841K$714K20xas long as short
Bybit QQQUSDT0.0000%8h744.30+0.147%$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+0.178%$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%8h744.61+0.188%$16.9M$5.7M20xas long as short
SunX QQQ-USDT0.0000%8h744.91+0.229%$2K$1.9M10xas long as short
HTX QQQ-USDT0.0000%8h744.81+0.215%$257K$29K30xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex QQQUSDT0.0000%8h744.64+0.192%$362K$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
BloFin QQQ-USDT+0.0026%8h744.30+0.147%$1.1M$271K20xas long as short
Lighter QQQ+0.0032%1h744.26+0.141%$7.7M$16.3M30xas long as short
Binance QQQUSDT+0.0039%8h744.46+0.168%$71.1M$141.7M25xas long as short
Arcus QQQ-USD+0.0040%1h743.77+0.075%$700K$1.6M25xas long as short
Vest QQQ-USD-PERPshort+0.0046%1h745.46+0.303%$337K50x
Lighter RH QQQ+0.0048%1h744.73+0.205%$36.9M$78.9M50xas long as short
Nado QQQ-PERP+0.0096%1h744.09+0.119%$1.5M$876K20xas long as short
KuCoin QQQUSDTM+0.0100%8h744.11+0.121%$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%1h744.40+0.160%$425K$149K20xas long as short