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−0.0129%/8h= −14.1% APRpaid last 24h −0.042%
Price spread now: Ondo Perps against OKX−0.108%7-day average −0.205% · 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−0.273%−$27 on $10k
Price spread, last 7 days−0.074%−$7 · spread now −0.108%, 7d avg −0.205%
Together, before fees−0.346%+ 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 0.097% dearer against OKX than usual: you sell high and buy low (spread −0.108% now, against its 7-day average of −0.205%): +$10 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 2.5 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX QQQ-USDT-SWAP744.080get 0.0000% / 8h4h 08m$21.5M$26.9M50x
ShortOndo Perps QQQ-USD.P743.28−0.0129pay 0.0016% / 1h8m 22s$4.2M$1.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against OKX. 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
−$27.05
Price spread: −0.108% → −0.205%
$9.7
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$32.35
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: OKX: live order book, 5 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 OKX live order book, 5 min ago0.07 bp5.1 bp −$55.6 bp −$5612.7 bp −$1,266doesn'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−0.0129%1h743.28−0.108%$4.2M$1.8M20x
GMX QQQ/USD [ETH-USDC]L −0.0127% / S +0.0226%1h744.28+0.028%$25K26xas long as short
Aster QQQUSDT0.0000%8h744.24+0.022%$841K$714K20xas long as short
Bybit QQQUSDT0.0000%8h744.29+0.028%$10.7M$5.0M50xas long as short
OKX QQQ-USDT-SWAPlong0.0000%8h744.08long leg$21.5M$26.9M50x
RISEx QQQ/USDC0.0000%1h744.33+0.034%$5.4M$7.4M25xas long as short
Gate QQQ_USDT0.0000%8h743.73−0.047%$3.3M$20.8M50xas long as short
Bitget QQQUSDT0.0000%8h744.39+0.042%$16.9M$5.6M20xas long as short
Variational Omni QQQ0.0000%8h744.11+0.004%$17.1M$7.4Mas long as short
SunX QQQ-USDT0.0000%8h744.73+0.087%$2K$1.9M10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX QQQ-USDT0.0000%8h744.63+0.074%$257K$29K30xas long as short
Phemex QQQUSDT0.0000%8h744.47+0.052%$359K$1.5M10xas long as short
Coinbase International QQQ-PERP-INTX+0.0008%1h743.80−0.038%$1.2M$536K20xas long as short
BloFin QQQ-USDT+0.0010%8h744.09+0.001%$1.1M$261K20xas long as short
Binance QQQUSDT+0.0024%8h744.28+0.027%$71.0M$141.5M25xas long as short
Lighter QQQ+0.0032%1h744.12+0.005%$7.7M$16.4M30xas long as short
Arcus QQQ-USD+0.0040%1h743.58−0.067%$698K$1.6M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h745.22+0.153%$337K50xas long as short
Lighter RH QQQ+0.0048%1h744.52+0.059%$37.0M$79.9M50xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0059%1h744.00−0.011%$425K$150K20xas long as short
GRVT QQQ_USDT_Perp+0.0091%8h744.38+0.040%$316K$1.9M10xas long as short
Nado QQQ-PERP+0.0095%1h743.92−0.022%$1.5M$829K20xas long as short
KuCoin QQQUSDTM+0.0100%8h743.90−0.024%$3.4M$363K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h743.89−0.026%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h744.00−0.011%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h743.43−0.088%$93K$1K10xas long as short
Phoenix QQQ+0.0129%1h743.93−0.020%$38K$66K20xas long as short
edgeX QQQUSDC+0.0993%4h744.11+0.004%$761K$334K20xas long as short