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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC−0.0210%/8h= −23.0% APRnext payment $0.26 per $10,000 · paid last 24h −0.058%
Price spread now: Ondo Perps against ApeX Omni−0.074%52s7-day average −0.140% · 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−0.439%−$44 on $10k
Price spread, last 7 days−0.075%−$8 · spread now −0.074%, 7d avg −0.140%
Together, before fees−0.514%+ Points / potential airdropOndo Perps: Active · farm board−$51 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Ondo Perps is 0.066% dearer against ApeX Omni than usual: you sell high and buy low (spread −0.074% now, against its 7-day average of −0.140%): +$7 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 25 hours. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni QQQUSDT742.340.0100pay 0.0013% / 1h1m 51s$20K$2.2M50x
ShortOndo Perps QQQ-USD.P741.79−0.0110pay 0.0014% / 1h1m 51s$4.2M$1.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against ApeX Omni. 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
−$44.02
Price spread: −0.074% → −0.140%
$6.56
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$52.46
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: ApeX Omni: live order book, just now; 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 ApeX Omni live order book, just now3.77 bp11.0 bp −$1140.4 bp −$404doesn't fitdoesn'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 exchanges

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 −0.0203% / S +0.0285%1h742.91+0.077%$25K26xas long as short
Ondo Perps QQQ-USD.Pshort−0.0110%1h741.79−0.074%$4.2M$1.8M20x
BloFin QQQ-USDT−0.0028%8h742.99+0.088%$1.1M$230K20xas long as short
Aster QQQUSDT0.0000%8h742.81+0.064%$858K$900K20xas long as short
OKX QQQ-USDT-SWAP0.0000%8h742.57+0.031%$21.7M$30.2M50xas long as short
RISEx QQQ/USDC0.0000%1h742.61+0.036%$5.4M$5.7M25xas long as short
Gate QQQ_USDT0.0000%8h742.22−0.016%$3.5M$20.4M50xas long as short
Bitget QQQUSDT0.0000%8h742.99+0.088%$16.7M$5.6M20xas long as short
SunX QQQ-USDT0.0000%8h743.36+0.137%$2K$1.6M10xas long as short
Deribit QQQ_USDC-PERPETUAL0.0000%1h742.32−0.003%$398K$152K20xas long as short
Show all 28 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX QQQ-USDT0.0000%8h742.89+0.074%$251K$38K30xas long as short
Phemex QQQUSDT0.0000%8h743.26+0.124%$359K$1.6M10xas long as short
Lighter QQQ+0.0032%1h742.47+0.018%$7.6M$15.3M30xas long as short
Lighter RH QQQ+0.0032%1h742.92+0.078%$38.5M$79.0M50xas long as short
Coinbase International QQQ-PERP-INTX+0.0032%1h742.13−0.028%$1.2M$538K20xas long as short
Variational Omni QQQ+0.0034%8h742.90+0.075%$16.8M$7.2Mas long as short
Arcus QQQ-USD+0.0040%1h741.84−0.067%$660K$1.4M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h743.72+0.186%$337K50xas long as short
Bybit QQQUSDT+0.0046%8h742.92+0.078%$10.6M$4.8M50xas long as short
Binance QQQUSDT+0.0060%8h742.88+0.072%$71.5M$145.6M25xas long as short
KuCoin QQQUSDTM+0.0100%8h742.35+0.001%$3.4M$460K20xas long as short
ApeX Omni QQQUSDTlong+0.0100%1h742.34long leg$20K$2.2M50x
Orderly PERP_QQQ_USDC_mythos+0.0100%8h742.54+0.027%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h742.19−0.020%$92K$1K10xas long as short
Nado QQQ-PERP+0.0116%1h742.64+0.041%$1.6M$771K20xas long as short
GRVT QQQ_USDT_Perp+0.0207%8h743.25+0.123%$319K$2.0M10xas long as short
Phoenix QQQ+0.0280%1h742.55+0.028%$38K$59K20xas long as short
edgeX QQQUSDC+0.0867%4h742.95+0.082%$760K$336K20xas long as short