Funding you earn now, next payment 08:00 UTC−0.0128%/8h= −14.0% APRnext payment −$0.16 per $10,000 · paid last 24h −0.044%
Price spread now: Ondo Perps against Lighter RH−0.194%7-day average −0.193% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.354%−$35 on $10k
+Price spread, last 7 days−0.022%−$2 · spread now −0.194%, 7d avg −0.193%
=Together, before fees−0.376%+ Points / potential airdropLighter RH: Points live · Ondo Perps: Active · farm board−$38 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.193%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH QQQ | 741.90 | 0.0048 | pay 0.0006% / 1h | 57m 26s | $37.1M | $79.6M | 50x |
| Short | Ondo Perps QQQ-USD.P | 740.46 | −0.0080 | pay 0.0010% / 1h | 57m 26s | $4.2M | $1.8M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Lighter RH. 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
- −$26.88
- Price spread: −0.194% → −0.193%
- −$0.11
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$31.99
- Costs to cover
- 0.050%
- Break-even
- never at this rate
Slippage unknown: Lighter RH: 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 Lighter RH live order book, 2 min ago | 0.34 bp | 0.4 bp $0 | 1.2 bp −$12 | 8.1 bp −$807 | 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX QQQ/USD [ETH-USDC] | L −0.0167% / S +0.0257% | 1h | 741.82 | −0.011% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.Pshort | −0.0080% | 1h | 740.46 | −0.194% | $4.2M | $1.8M | 20x | |
| Gate QQQ_USDT | −0.0063% | 8h | 741.32 | −0.078% | $3.3M | $21.5M | 50x | as long as short |
| BloFin QQQ-USDT | −0.0028% | 8h | 741.78 | −0.016% | $1.1M | $271K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 741.79 | −0.014% | $823K | $858K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 741.74 | −0.022% | $10.5M | $5.2M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 741.56 | −0.046% | $21.4M | $28.3M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 741.50 | −0.055% | $5.4M | $6.3M | 25x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 741.83 | −0.009% | $16.6M | $5.5M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 741.94 | +0.005% | $16.9M | $7.3M | — | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX QQQ-USDT | 0.0000% | 8h | 742.55 | +0.088% | $2K | $1.8M | 10x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | 0.0000% | 1h | 741.52 | −0.051% | $424K | $155K | 20x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 742.18 | +0.038% | $251K | $41K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 742.03 | +0.018% | $364K | $1.6M | 10x | as long as short |
| Binance QQQUSDT | +0.0004% | 8h | 741.78 | −0.016% | $70.0M | $143.3M | 25x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0016% | 1h | 741.33 | −0.077% | $1.2M | $488K | 20x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 741.59 | −0.042% | $7.7M | $15.2M | 30x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 741.07 | −0.112% | $686K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 742.71 | +0.109% | — | $337K | 50x | as long as short |
| Lighter RH QQQlong | +0.0048% | 1h | 741.90 | long leg | $37.1M | $79.6M | 50x | |
| KuCoin QQQUSDTM | +0.0100% | 8h | 741.40 | −0.067% | $3.4M | $356K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 741.56 | −0.046% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 741.55 | −0.047% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 741.04 | −0.115% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0114% | 1h | 741.35 | −0.074% | $1.6M | $762K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0120% | 8h | 742.18 | +0.037% | $314K | $2.0M | 10x | as long as short |
| Phoenix QQQ | +0.0205% | 1h | 741.30 | −0.081% | $38K | $65K | 20x | as long as short |
| edgeX QQQUSDC | +0.0604% | 4h | 741.87 | −0.004% | $759K | $334K | 20x | as long as short |
Lighter RH QQQ
GMX QQQ/USD [ETH-USDC]
Gate QQQ_USDT
BloFin QQQ-USDT
Aster QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Bitget QQQUSDT
Variational Omni QQQ
SunX QQQ-USDT
Deribit QQQ_USDC-PERPETUAL
HTX QQQ-USDT
Phemex QQQUSDT
Binance QQQUSDT
Coinbase International QQQ-PERP-INTX
Lighter QQQ
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
GRVT QQQ_USDT_Perp
Phoenix QQQ
edgeX QQQUSDC