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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0250%/8h= −27.4% APRpaid last 24h −0.088%
Price spread now: Ondo Perps against Bitget−0.155%7-day average −0.232% · 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−0.365%−$36 on $10k
Price spread, last 7 days−0.111%−$11 · spread now −0.155%, 7d avg −0.232%
Together, before fees−0.475%+ Points / potential airdropOndo Perps: Active · farm board−$48 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Ondo Perps is 0.078% dearer against Bitget than usual: you sell high and buy low (spread −0.155% now, against its 7-day average of −0.232%): +$8 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 25 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget QQQUSDT744.150.0078pay 0.0078% / 8h6h 38m$16.9M$5.9M20x
ShortOndo Perps QQQ-USD.P743.00−0.0172pay 0.0022% / 1h38m 14s$4.2M$1.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Bitget. 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
−$52.5
Price spread: −0.155% → −0.232%
$7.76
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$61.74
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 5 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
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 5 min ago0.07 bp6.5 bp −$68.6 bp −$8614.3 bp −$1,431doesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps QQQ-USD.Pshort−0.0172%1h743.00−0.155%$4.2M$1.9M20x
GMX QQQ/USD [ETH-USDC]L −0.0096% / S +0.0202%1h744.12−0.005%$25K26xas long as short
Bybit QQQUSDT0.0000%8h744.07−0.011%$10.7M$5.0M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h743.95−0.027%$21.5M$25.5M50xas long as short
Gate QQQ_USDT0.0000%8h743.81−0.046%$3.2M$21.4M50xas long as short
SunX QQQ-USDT0.0000%8h744.57+0.056%$2K$2.1M10xas long as short
HTX QQQ-USDT0.0000%8h744.32+0.023%$257K$29K30xas long as short
Phemex QQQUSDT0.0000%8h744.38+0.031%$359K$1.4M10xas long as short
Aster QQQUSDT+0.0011%8h744.11−0.006%$841K$712K20xas long as short
BloFin QQQ-USDT+0.0026%8h744.31+0.022%$1.1M$319K20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter QQQ+0.0032%1h743.92−0.031%$7.7M$17.7M30xas long as short
Lighter RH QQQ+0.0032%1h744.34+0.026%$37.4M$79.6M50xas long as short
Arcus QQQ-USD+0.0040%1h743.18−0.130%$703K$1.6M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h745.08+0.125%$356K50xas long as short
Coinbase International QQQ-PERP-INTX+0.0048%1h744.05−0.013%$1.2M$538K20xas long as short
Variational Omni QQQ+0.0065%8h744.04−0.015%$17.1M$7.6Mas long as short
Bitget QQQUSDTlong+0.0078%8h744.15long leg$16.9M$5.9M20x
Deribit QQQ_USDC-PERPETUAL+0.0086%1h743.91−0.032%$425K$148K20xas long as short
Binance QQQUSDT+0.0088%8h744.13−0.003%$71.1M$147.5M25xas long as short
KuCoin QQQUSDTM+0.0100%8h743.80−0.047%$3.4M$406K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h743.76−0.052%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h743.87−0.038%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h743.34−0.108%$93K$1K10xas long as short
Nado QQQ-PERP+0.0121%1h743.74−0.056%$1.5M$1.0M20xas long as short
RISEx QQQ/USDC+0.0168%1h744.10−0.007%$5.4M$8.2M25xas long as short
Phoenix QQQ+0.0183%1h743.78−0.050%$38K$66K20xas long as short
GRVT QQQ_USDT_Perp+0.0241%8h744.31+0.022%$318K$1.8M10xas long as short
edgeX QQQUSDC+0.0480%4h744.13−0.003%$761K$333K20xas long as short