Funding you earn now, next payment 02:00 UTC−0.0260%/8h= −28.4% APRpaid last 24h −0.061%
Price spread now: Ondo Perps against Bybit−0.180%7-day average −0.219% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.287%−$29 on $10k
+Price spread, last 7 days−0.064%−$6 · spread now −0.180%, 7d avg −0.219%
=Together, before fees−0.351%+ Points / potential airdropOndo Perps: Active · farm board−$35 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Ondo Perps is 0.039% dearer against Bybit than usual: you sell high and buy low (spread −0.180% now, against its 7-day average of −0.219%): +$4 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 12 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit QQQUSDT | 744.44 | 0.0016 | pay 0.0016% / 8h | 6h 56m | $10.7M | $5.0M | 50x |
| Short | Ondo Perps QQQ-USD.P | 743.10 | −0.0244 | pay 0.0030% / 1h | 56m 36s | $4.2M | $2.0M | 20x |
Bybit QQQUSDT
Ondo Perps QQQ-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Bybit. 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
- −$54.56
- Price spread: −0.180% → −0.219%
- $3.86
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$66.69
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Bybit: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 2 min ago | 0.07 bp | 7.9 bp −$8 | 13.3 bp −$133 | 81.2 bp −$8,117 | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps QQQ-USD.Pshort | −0.0244% | 1h | 743.10 | −0.180% | $4.2M | $2.0M | 20x | |
| GMX QQQ/USD [ETH-USDC] | L −0.0092% / S +0.0199% | 1h | 744.52 | +0.011% | $25K | — | 26x | as long as short |
| BloFin QQQ-USDT | −0.0013% | 8h | 744.38 | −0.008% | $1.1M | $319K | 20x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 744.35 | −0.012% | $21.5M | $25.3M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 744.21 | −0.031% | $3.2M | $20.0M | 50x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 745.03 | +0.079% | $2K | $2.1M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 744.82 | +0.051% | $257K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 744.72 | +0.038% | $359K | $1.4M | 10x | as long as short |
| Bybit QQQUSDTlong | +0.0016% | 8h | 744.44 | long leg | $10.7M | $5.0M | 50x | |
| Aster QQQUSDT | +0.0022% | 8h | 744.62 | +0.025% | $841K | $713K | 20x | as long as short |
GMX QQQ/USD [ETH-USDC]
BloFin QQQ-USDT
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDT
Aster QQQUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter QQQ | +0.0032% | 1h | 744.26 | −0.024% | $7.7M | $17.7M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 744.67 | +0.031% | $37.4M | $78.5M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 743.71 | −0.098% | $747K | $1.5M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 745.19 | +0.101% | — | $326K | 50x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0048% | 1h | 744.05 | −0.052% | $1.2M | $545K | 20x | as long as short |
| edgeX QQQUSDC | +0.0061% | 4h | 744.63 | +0.026% | $761K | $333K | 20x | as long as short |
| Variational Omni QQQ | +0.0072% | 8h | 744.60 | +0.022% | $17.1M | $7.6M | — | as long as short |
| Nado QQQ-PERP | +0.0088% | 1h | 744.18 | −0.035% | $1.5M | $1.1M | 20x | as long as short |
| Binance QQQUSDT | +0.0098% | 8h | 744.49 | +0.007% | $71.2M | $148.7M | 25x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 744.27 | −0.023% | $3.4M | $409K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 744.29 | −0.020% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 744.26 | −0.024% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 743.82 | −0.083% | $93K | $1K | 10x | as long as short |
| Bitget QQQUSDT | +0.0136% | 8h | 744.55 | +0.015% | $16.9M | $6.1M | 20x | as long as short |
| RISEx QQQ/USDC | +0.0168% | 1h | 744.53 | +0.012% | $5.4M | $8.2M | 25x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0194% | 1h | 744.35 | −0.012% | $425K | $147K | 20x | as long as short |
| Phoenix QQQ | +0.0258% | 1h | 744.20 | −0.032% | $38K | $66K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0358% | 8h | 744.86 | +0.056% | $318K | $1.8M | 10x | as long as short |
Lighter QQQ
Lighter RH QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
Coinbase International QQQ-PERP-INTX
edgeX QQQUSDC
Variational Omni QQQ
Nado QQQ-PERP
Binance QQQUSDT
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Bitget QQQUSDT
RISEx QQQ/USDC
Deribit QQQ_USDC-PERPETUAL
Phoenix QQQ
GRVT QQQ_USDT_Perp