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−0.0188%/8h= −20.6% APRpaid last 24h −0.077%
Price spread now: Ondo Perps against KuCoin−0.094%7-day average −0.153% · 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−0.449%−$45 on $10k
Price spread, last 7 days−0.073%−$7 · spread now −0.094%, 7d avg −0.153%
Together, before fees−0.522%+ Points / potential airdropOndo Perps: Active · farm board−$52 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Ondo Perps is 0.059% dearer against KuCoin than usual: you sell high and buy low (spread −0.094% now, against its 7-day average of −0.153%): +$6 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin QQQUSDTM744.260.0100pay 0.0100% / 8h6h 14m$3.4M$412K20x
ShortOndo Perps QQQ-USD.P743.56−0.0088pay 0.0011% / 1h14m 22s$4.2M$1.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against KuCoin. 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
−$39.48
Price spread: −0.094% → −0.153%
$5.89
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$50.59
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 3 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 KuCoin live order book, 3 min ago0.07 bp7.0 bp −$780.0 bp −$800doesn'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 27 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
GMX QQQ/USD [ETH-USDC]L −0.0101% / S +0.0206%1h744.54+0.038%$25K26xas long as short
Ondo Perps QQQ-USD.Pshort−0.0088%1h743.56−0.094%$4.2M$1.9M20x
Bybit QQQUSDT0.0000%8h744.68+0.056%$10.7M$5.0M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h744.41+0.020%$21.7M$26.4M50xas long as short
Gate QQQ_USDT0.0000%8h744.09−0.023%$3.3M$23.3M50xas long as short
SunX QQQ-USDT0.0000%8h745.01+0.101%$2K$2.1M10xas long as short
HTX QQQ-USDT0.0000%8h745.25+0.133%$258K$29K30xas long as short
Phemex QQQUSDT0.0000%8h744.85+0.079%$360K$1.4M10xas long as short
Aster QQQUSDT+0.0006%8h744.45+0.026%$841K$712K20xas long as short
Bitget QQQUSDT+0.0025%8h744.58+0.043%$16.9M$5.9M20xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter QQQ+0.0032%1h744.32+0.008%$7.7M$17.8M30xas long as short
Lighter RH QQQ+0.0032%1h744.73+0.063%$37.4M$80.3M50xas long as short
Arcus QQQ-USD+0.0040%1h743.66−0.081%$705K$1.6M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h745.46+0.161%$337K50xas long as short
Coinbase International QQQ-PERP-INTX+0.0048%1h744.08−0.024%$1.2M$538K20xas long as short
Variational Omni QQQ+0.0056%8h744.43+0.022%$17.1M$7.6Mas long as short
Binance QQQUSDT+0.0082%8h744.55+0.039%$71.1M$147.3M25xas long as short
KuCoin QQQUSDTMlong+0.0100%8h744.26long leg$3.4M$412K20x
ApeX Omni QQQUSDT+0.0100%1h744.10−0.021%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h744.25−0.001%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h743.76−0.067%$93K$1K10xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0113%1h744.30+0.005%$425K$148K20xas long as short
Nado QQQ-PERP+0.0123%1h744.11−0.020%$1.5M$953K20xas long as short
RISEx QQQ/USDC+0.0168%1h744.53+0.036%$5.4M$8.0M25xas long as short
Phoenix QQQ+0.0183%1h744.18−0.011%$38K$66K20xas long as short
GRVT QQQ_USDT_Perp+0.0198%8h744.63+0.049%$320K$1.8M10xas long as short
edgeX QQQUSDC+0.0490%4h744.37+0.015%$761K$335K20xas long as short