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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0145%/8h= −15.9% APRnext payment $0.18 per $10,000 · paid last 24h −0.067%
Price spread now: Ondo Perps against Aevo−0.050%7-day average · 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 7 days−0.409%−$41 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Ondo Perps is 0.050% cheaper against Aevo than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo QQQ-PERP742.770.0104pay 0.0013% / 1h41m 42s$92K$1K10x
ShortOndo Perps QQQ-USD.P742.40−0.0041pay 0.0005% / 1h41m 42s$4.2M$1.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Aevo. 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
−$30.41
Price spread: −0.050% → 0.000%
−$5.04
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$56.45
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: Aevo: 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 Aevo no order-book sample
Sell Ondo Perps no order-book sample
Aevo 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 −0.0133% / S +0.0230%1h743.62+0.113%$25K26xas long as short
Ondo Perps QQQ-USD.Pshort−0.0041%1h742.40−0.050%$4.2M$1.8M20x
BloFin QQQ-USDT−0.0011%8h743.43+0.088%$1.1M$256K20xas long as short
Aster QQQUSDT0.0000%8h743.44+0.090%$840K$714K20xas long as short
Bybit QQQUSDT0.0000%8h743.28+0.068%$10.7M$5.0M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h743.24+0.063%$21.5M$26.9M50xas long as short
Gate QQQ_USDT0.0000%8h742.88+0.014%$3.3M$20.9M50xas long as short
Bitget QQQUSDT0.0000%8h743.70+0.125%$16.9M$5.5M20xas long as short
Variational Omni QQQ0.0000%8h743.66+0.120%$17.1M$7.4Mas long as short
SunX QQQ-USDT0.0000%8h744.07+0.174%$2K$1.9M10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International QQQ-PERP-INTX0.0000%1h742.64−0.018%$1.2M$536K20xas long as short
HTX QQQ-USDT0.0000%8h743.82+0.141%$257K$29K30xas long as short
Phemex QQQUSDT0.0000%8h743.75+0.131%$361K$1.6M10xas long as short
Binance QQQUSDT+0.0007%8h743.35+0.077%$70.9M$141.2M25xas long as short
RISEx QQQ/USDC+0.0010%1h743.38+0.082%$5.4M$7.3M25xas long as short
Lighter QQQ+0.0032%1h743.33+0.075%$7.7M$15.8M30xas long as short
Lighter RH QQQ+0.0032%1h743.61+0.112%$37.0M$78.6M50xas long as short
Arcus QQQ-USD+0.0040%1h742.85+0.010%$702K$1.6M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h744.55+0.239%$337K50xas long as short
GRVT QQQ_USDT_Perp+0.0076%8h743.87+0.147%$326K$1.9M10xas long as short
Nado QQQ-PERP+0.0089%1h743.27+0.067%$1.5M$773K20xas long as short
KuCoin QQQUSDTM+0.0100%8h743.27+0.067%$3.4M$340K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h743.33+0.075%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h743.29+0.069%$12K$21K20xas long as short
Aevo QQQ-PERPlong+0.0104%1h742.77long leg$92K$1K10x
Phoenix QQQ+0.0118%1h743.26+0.065%$38K$66K20xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0154%1h743.44+0.090%$425K$150K20xas long as short
edgeX QQQUSDC+0.0798%4h743.49+0.096%$760K$333K20xas long as short