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−0.0099%/8h= −10.9% APRnext payment $0.12 per $10,000 · paid last 24h −0.057%
Price spread now: Ondo Perps against Vest−0.298%7-day average −0.332% · you buy dearer than you sell
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)−0.071%−$7 on $10k
Price spread, last 4 days (all we have)+0.092%+$9 · spread now −0.298%, 7d avg −0.332%
Together, before fees+0.021%+ Points / potential airdropVest: Active · Ondo Perps: Active · farm board+$2 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Ondo Perps is 0.034% dearer against Vest than usual: you sell high and buy low (spread −0.298% now, against its 7-day average of −0.332%): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 27 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest QQQ-USD-PERP744.990.0046pay 0.0006% / 1h22m 47s$337K50x
ShortOndo Perps QQQ-USD.P742.77−0.0054pay 0.0007% / 1h22m 47s$4.2M$1.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Vest. 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
−$20.85
Price spread: −0.298% → −0.332%
$3.37
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$24.48
Costs to cover
0.070%
Break-even
never at this rate
Slippage unknown: Vest: no order-book sample; 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
LegHalf-spread$10k$100k$1M$5M
Buy Vest no order-book sample
Sell Ondo Perps no order-book sample
Vest and 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%1h744.02−0.130%$25K26xas long as short
Ondo Perps QQQ-USD.Pshort−0.0054%1h742.77−0.298%$4.2M$1.8M20x
Aster QQQUSDT0.0000%8h744.03−0.129%$841K$713K20xas long as short
Bybit QQQUSDT0.0000%8h744.12−0.117%$10.7M$5.0M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h743.96−0.138%$21.7M$26.3M50xas long as short
RISEx QQQ/USDC0.0000%1h744.06−0.125%$5.4M$7.5M25xas long as short
Gate QQQ_USDT0.0000%8h743.58−0.189%$3.3M$21.2M50xas long as short
Bitget QQQUSDT0.0000%8h744.33−0.089%$16.9M$5.7M20xas long as short
SunX QQQ-USDT0.0000%8h744.46−0.071%$2K$2.0M10xas long as short
Deribit QQQ_USDC-PERPETUAL0.0000%1h743.70−0.173%$425K$149K20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX QQQ-USDT0.0000%8h744.26−0.098%$257K$29K30xas long as short
Phemex QQQUSDT0.0000%8h744.31−0.091%$361K$1.5M10xas long as short
BloFin QQQ-USDT+0.0008%8h743.97−0.137%$1.1M$303K20xas long as short
Variational Omni QQQ+0.0032%8h743.92−0.143%$17.1M$7.5Mas long as short
Lighter QQQ+0.0032%1h743.86−0.152%$7.7M$17.1M30xas long as short
Lighter RH QQQ+0.0032%1h744.30−0.093%$37.2M$79.5M50xas long as short
Coinbase International QQQ-PERP-INTX+0.0032%1h743.51−0.199%$1.2M$534K20xas long as short
Arcus QQQ-USD+0.0040%1h743.10−0.254%$694K$1.6M25xas long as short
Vest QQQ-USD-PERPlong+0.0046%1h744.99long leg$337K50x
Binance QQQUSDT+0.0062%8h744.08−0.123%$71.2M$143.2M25xas long as short
Nado QQQ-PERP+0.0089%1h743.66−0.179%$1.5M$920K20xas long as short
KuCoin QQQUSDTM+0.0100%8h743.77−0.164%$3.4M$405K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h743.61−0.185%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h743.73−0.169%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h743.19−0.242%$92K$1K10xas long as short
GRVT QQQ_USDT_Perp+0.0140%8h744.18−0.109%$319K$1.9M10xas long as short
Phoenix QQQ+0.0161%1h743.64−0.181%$38K$66K20xas long as short
edgeX QQQUSDC+0.0742%4h743.88−0.149%$761K$334K20xas long as short