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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH QQQ741.900.0048pay 0.0006% / 1h57m 26s$37.1M$79.6M50x
ShortOndo Perps QQQ-USD.P740.46−0.0080pay 0.0010% / 1h57m 26s$4.2M$1.8M20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Lighter RH live order book, 2 min ago0.34 bp0.4 bp $01.2 bp −$128.1 bp −$807doesn'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
GMX QQQ/USD [ETH-USDC]L −0.0167% / S +0.0257%1h741.82−0.011%$25K26xas long as short
Ondo Perps QQQ-USD.Pshort−0.0080%1h740.46−0.194%$4.2M$1.8M20x
Gate QQQ_USDT−0.0063%8h741.32−0.078%$3.3M$21.5M50xas long as short
BloFin QQQ-USDT−0.0028%8h741.78−0.016%$1.1M$271K20xas long as short
Aster QQQUSDT0.0000%8h741.79−0.014%$823K$858K20xas long as short
Bybit QQQUSDT0.0000%8h741.74−0.022%$10.5M$5.2M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h741.56−0.046%$21.4M$28.3M50xas long as short
RISEx QQQ/USDC0.0000%1h741.50−0.055%$5.4M$6.3M25xas long as short
Bitget QQQUSDT0.0000%8h741.83−0.009%$16.6M$5.5M20xas long as short
Variational Omni QQQ0.0000%8h741.94+0.005%$16.9M$7.3Mas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX QQQ-USDT0.0000%8h742.55+0.088%$2K$1.8M10xas long as short
Deribit QQQ_USDC-PERPETUAL0.0000%1h741.52−0.051%$424K$155K20xas long as short
HTX QQQ-USDT0.0000%8h742.18+0.038%$251K$41K30xas long as short
Phemex QQQUSDT0.0000%8h742.03+0.018%$364K$1.6M10xas long as short
Binance QQQUSDT+0.0004%8h741.78−0.016%$70.0M$143.3M25xas long as short
Coinbase International QQQ-PERP-INTX+0.0016%1h741.33−0.077%$1.2M$488K20xas long as short
Lighter QQQ+0.0032%1h741.59−0.042%$7.7M$15.2M30xas long as short
Arcus QQQ-USD+0.0040%1h741.07−0.112%$686K$1.6M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h742.71+0.109%$337K50xas long as short
Lighter RH QQQlong+0.0048%1h741.90long leg$37.1M$79.6M50x
KuCoin QQQUSDTM+0.0100%8h741.40−0.067%$3.4M$356K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h741.56−0.046%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h741.55−0.047%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h741.04−0.115%$92K$1K10xas long as short
Nado QQQ-PERP+0.0114%1h741.35−0.074%$1.6M$762K20xas long as short
GRVT QQQ_USDT_Perp+0.0120%8h742.18+0.037%$314K$2.0M10xas long as short
Phoenix QQQ+0.0205%1h741.30−0.081%$38K$65K20xas long as short
edgeX QQQUSDC+0.0604%4h741.87−0.004%$759K$334K20xas long as short