Funding you earn now, next payment 05:00 UTC−0.0010%/8h= −1.1% APRpaid last 24h −0.036%
Price spread now: Ondo Perps against SunX−0.205%7-day average −0.244% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.234%−$23 on $10k
+Price spread, last 4 days (all we have)−0.029%−$3 · spread now −0.205%, 7d avg −0.244%
=Together, before fees−0.263%+ Points / potential airdropOndo Perps: Active · farm board−$26 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Ondo Perps is 0.039% dearer against SunX than usual: you sell high and buy low (spread −0.205% now, against its 7-day average of −0.244%): +$4 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 14 days. At the pace of the last 7 days (−0.234% in total) that is about 28 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX QQQ-USDT | 743.22 | 0 | get 0.0000% / 8h | 3h 03m | $2K | $1.9M | 10x |
| Short | Ondo Perps QQQ-USD.P | 741.70 | −0.0010 | pay 0.0001% / 1h | 3m 25s | $4.2M | $1.8M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against SunX. 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
- −$2.02
- Price spread: −0.205% → −0.244%
- $3.94
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$11.07
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: SunX: live order book, 2 min ago; Ondo Perps: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy SunX live order book, 2 min ago | 21.59 bp | 25.6 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
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 −0.0141% / S +0.0237% | 1h | 742.70 | −0.071% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.Pshort | −0.0010% | 1h | 741.70 | −0.205% | $4.2M | $1.8M | 20x | |
| Aster QQQUSDT | 0.0000% | 8h | 742.73 | −0.065% | $824K | $857K | 20x | as long as short |
| Binance QQQUSDT | 0.0000% | 8h | 742.69 | −0.071% | $69.9M | $143.8M | 25x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 742.72 | −0.067% | $10.7M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 742.45 | −0.104% | $21.6M | $27.5M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 742.09 | −0.152% | $3.3M | $21.3M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 742.89 | −0.044% | $16.7M | $5.6M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 742.76 | −0.063% | $17.1M | $7.2M | — | as long as short |
| SunX QQQ-USDTlong | 0.0000% | 8h | 743.22 | long leg | $2K | $1.9M | 10x |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit QQQ_USDC-PERPETUAL | 0.0000% | 1h | 742.41 | −0.109% | $424K | $151K | 20x | as long as short |
| Coinbase International QQQ-PERP-INTX | 0.0000% | 1h | 742.24 | −0.132% | $1.2M | $539K | 20x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 742.85 | −0.050% | $257K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 743.07 | −0.020% | $362K | $1.6M | 10x | as long as short |
| RISEx QQQ/USDC | +0.0010% | 1h | 742.79 | −0.058% | $5.4M | $7.2M | 25x | as long as short |
| edgeX QQQUSDC | +0.0014% | 4h | 742.71 | −0.069% | $759K | $335K | 20x | as long as short |
| BloFin QQQ-USDT | +0.0022% | 8h | 742.86 | −0.048% | $1.1M | $246K | 20x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 742.55 | −0.090% | $7.6M | $15.9M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 743.05 | −0.023% | $37.0M | $79.6M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 742.02 | −0.161% | $703K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 743.68 | +0.062% | — | $337K | 50x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0074% | 8h | 743.00 | −0.029% | $320K | $1.9M | 10x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 742.41 | −0.109% | $3.4M | $345K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 742.35 | −0.117% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 742.44 | −0.105% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 741.96 | −0.170% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0105% | 1h | 742.45 | −0.103% | $1.5M | $763K | 20x | as long as short |
| Phoenix QQQ | +0.0118% | 1h | 742.50 | −0.097% | $38K | $66K | 20x | as long as short |
SunX QQQ-USDT
GMX QQQ/USD [ETH-USDC]
Aster QQQUSDT
Binance QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
Bitget QQQUSDT
Variational Omni QQQ
Deribit QQQ_USDC-PERPETUAL
Coinbase International QQQ-PERP-INTX
HTX QQQ-USDT
Phemex QQQUSDT
RISEx QQQ/USDC
edgeX QQQUSDC
BloFin QQQ-USDT
Lighter QQQ
Lighter RH QQQ
GRVT QQQ_USDT_Perp
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Phoenix QQQ