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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0133%/8h= −14.6% APRpaid last 24h −0.066%
Price spread now: Ondo Perps against BloFin−0.121%7-day average −0.187% · 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−0.104%−$10 on $10k
Price spread, last 4 days (all we have)−0.142%−$14 · spread now −0.121%, 7d avg −0.187%
Together, before fees−0.246%+ Points / potential airdropOndo Perps: Active · farm board−$25 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Ondo Perps is 0.066% dearer against BloFin than usual: you sell high and buy low (spread −0.121% now, against its 7-day average of −0.187%): +$7 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 40 hours. At the pace of the last 7 days (−0.104% in total) that is about 4.5 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin QQQ-USDT744.140.0000get 0.0000% / 8h4h 09m$1.1M$261K20x
ShortOndo Perps QQQ-USD.P743.24−0.0134pay 0.0017% / 1h9m 57s$4.2M$1.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against BloFin. 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
−$28
Price spread: −0.121% → −0.187%
$6.65
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$38.36
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 2 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 BloFin live order book, 2 min ago0.13 bp6.1 bp −$67.1 bp −$7110.7 bp −$1,073doesn'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−0.0134%1h743.24−0.121%$4.2M$1.8M20x
GMX QQQ/USD [ETH-USDC]L −0.0127% / S +0.0226%1h744.34+0.026%$25K26xas long as short
BloFin QQQ-USDTlong0.0000%8h744.14long leg$1.1M$261K20x
Aster QQQUSDT0.0000%8h744.30+0.022%$841K$714K20xas long as short
Bybit QQQUSDT0.0000%8h744.29+0.020%$10.7M$5.0M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h744.09−0.007%$21.5M$26.9M50xas long as short
RISEx QQQ/USDC0.0000%1h744.37+0.031%$5.4M$7.4M25xas long as short
Gate QQQ_USDT0.0000%8h743.74−0.054%$3.3M$20.8M50xas long as short
Bitget QQQUSDT0.0000%8h744.45+0.042%$16.9M$5.7M20xas long as short
Variational Omni QQQ0.0000%8h744.11−0.004%$17.1M$7.4Mas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX QQQ-USDT0.0000%8h744.73+0.079%$2K$1.9M10xas long as short
HTX QQQ-USDT0.0000%8h744.65+0.069%$257K$29K30xas long as short
Phemex QQQUSDT0.0000%8h744.73+0.079%$361K$1.5M10xas long as short
Coinbase International QQQ-PERP-INTX+0.0008%1h743.80−0.046%$1.2M$536K20xas long as short
Binance QQQUSDT+0.0024%8h744.30+0.022%$71.0M$141.5M25xas long as short
Lighter QQQ+0.0032%1h744.15+0.001%$7.7M$16.4M30xas long as short
Arcus QQQ-USD+0.0040%1h743.60−0.073%$698K$1.6M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h745.25+0.149%$337K50xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0046%1h744.03−0.015%$425K$150K20xas long as short
Lighter RH QQQ+0.0048%1h744.59+0.060%$36.9M$79.8M50xas long as short
GRVT QQQ_USDT_Perp+0.0092%8h744.39+0.034%$324K$1.9M10xas long as short
Nado QQQ-PERP+0.0095%1h743.92−0.030%$1.5M$834K20xas long as short
KuCoin QQQUSDTM+0.0100%8h743.92−0.030%$3.4M$363K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h743.90−0.032%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h744.03−0.015%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h743.48−0.088%$93K$1K10xas long as short
Phoenix QQQ+0.0129%1h743.93−0.028%$38K$66K20xas long as short
edgeX QQQUSDC+0.0627%4h744.18+0.006%$761K$336K20xas long as short