Funding you earn now, next payment 05:00 UTC−0.0042%/8h= −4.6% APRpaid last 24h −0.062%
Price spread now: Ondo Perps against Binance−0.117%56s7-day average −0.211% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.202%−$20 on $10k
+Price spread, last 7 days−0.129%−$13 · spread now −0.117%, 7d avg −0.211%
=Together, before fees−0.332%+ Points / potential airdropOndo Perps: Active · farm board−$33 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Ondo Perps is 0.093% dearer against Binance than usual: you sell high and buy low (spread −0.117% now, against its 7-day average of −0.211%): +$9 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 7.4 days. At the pace of the last 7 days (−0.202% in total) that is about 3.2 days. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance QQQUSDT | 743.39 | 0.0007 | pay 0.0007% / 8h | 3h 41m | $70.9M | $141.2M | 25x |
| Short | Ondo Perps QQQ-USD.P | 742.52 | −0.0035 | pay 0.0004% / 1h | 41m 53s | $4.2M | $1.8M | 20x |
Binance QQQUSDT
Ondo Perps QQQ-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Binance. 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
- −$8.78
- Price spread: −0.117% → −0.211%
- $9.33
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$14.45
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 1 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 Binance live order book, 1 min ago | 0.07 bp | 5.1 bp −$5 | 5.2 bp −$52 | 10.0 bp −$1,003 | 25.8 bp −$12.9K |
| 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 −0.0133% / S +0.0230% | 1h | 743.62 | +0.030% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.Pshort | −0.0035% | 1h | 742.52 | −0.117% | $4.2M | $1.8M | 20x | |
| BloFin QQQ-USDT | −0.0011% | 8h | 743.43 | +0.005% | $1.1M | $256K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 743.49 | +0.013% | $840K | $714K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 743.52 | +0.017% | $10.7M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 743.36 | −0.004% | $21.5M | $26.9M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 743.04 | −0.047% | $3.3M | $20.9M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 743.70 | +0.041% | $16.9M | $5.5M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 743.66 | +0.037% | $17.1M | $7.4M | — | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 744.07 | +0.091% | $2K | $1.9M | 10x | as long as short |
GMX QQQ/USD [ETH-USDC]
BloFin QQQ-USDT
Aster QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
Bitget QQQUSDT
Variational Omni QQQ
SunX QQQ-USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International QQQ-PERP-INTX | 0.0000% | 1h | 742.64 | −0.101% | $1.2M | $536K | 20x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 743.82 | +0.057% | $257K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 743.75 | +0.048% | $361K | $1.6M | 10x | as long as short |
| Binance QQQUSDTlong | +0.0007% | 8h | 743.39 | long leg | $70.9M | $141.2M | 25x | |
| RISEx QQQ/USDC | +0.0010% | 1h | 743.62 | +0.030% | $5.4M | $7.3M | 25x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 743.33 | −0.008% | $7.7M | $15.8M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 743.61 | +0.029% | $37.0M | $78.6M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 742.88 | −0.069% | $703K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 744.55 | +0.156% | — | $337K | 50x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0076% | 8h | 743.87 | +0.064% | $326K | $1.9M | 10x | as long as short |
| Nado QQQ-PERP | +0.0089% | 1h | 743.27 | −0.016% | $1.5M | $773K | 20x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 743.32 | −0.010% | $3.4M | $342K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 743.33 | −0.008% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 743.29 | −0.014% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 742.77 | −0.083% | $92K | $1K | 10x | as long as short |
| Phoenix QQQ | +0.0118% | 1h | 743.26 | −0.018% | $38K | $66K | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0154% | 1h | 743.44 | +0.006% | $425K | $150K | 20x | as long as short |
| edgeX QQQUSDC | +0.0750% | 4h | 743.65 | +0.034% | $760K | $336K | 20x | as long as short |
Coinbase International QQQ-PERP-INTX
HTX QQQ-USDT
Phemex QQQUSDT
RISEx QQQ/USDC
Lighter QQQ
Lighter RH QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
GRVT QQQ_USDT_Perp
Nado QQQ-PERP
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Phoenix QQQ
Deribit QQQ_USDC-PERPETUAL
edgeX QQQUSDC