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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX QQQ-USDT-SWAP | 744.08 | 0 | get 0.0000% / 8h | 4h 08m | $21.5M | $26.9M | 50x |
| Short | Ondo Perps QQQ-USD.P | 743.28 | −0.0129 | pay 0.0016% / 1h | 8m 22s | $4.2M | $1.8M | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy OKX live order book, 5 min ago | 0.07 bp | 5.1 bp −$5 | 5.6 bp −$56 | 12.7 bp −$1,266 | 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 | −0.0129% | 1h | 743.28 | −0.108% | $4.2M | $1.8M | 20x | |
| GMX QQQ/USD [ETH-USDC] | L −0.0127% / S +0.0226% | 1h | 744.28 | +0.028% | $25K | — | 26x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 744.24 | +0.022% | $841K | $714K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 744.29 | +0.028% | $10.7M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAPlong | 0.0000% | 8h | 744.08 | long leg | $21.5M | $26.9M | 50x | |
| RISEx QQQ/USDC | 0.0000% | 1h | 744.33 | +0.034% | $5.4M | $7.4M | 25x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 743.73 | −0.047% | $3.3M | $20.8M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 744.39 | +0.042% | $16.9M | $5.6M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 744.11 | +0.004% | $17.1M | $7.4M | — | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 744.73 | +0.087% | $2K | $1.9M | 10x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX QQQ-USDT | 0.0000% | 8h | 744.63 | +0.074% | $257K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 744.47 | +0.052% | $359K | $1.5M | 10x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0008% | 1h | 743.80 | −0.038% | $1.2M | $536K | 20x | as long as short |
| BloFin QQQ-USDT | +0.0010% | 8h | 744.09 | +0.001% | $1.1M | $261K | 20x | as long as short |
| Binance QQQUSDT | +0.0024% | 8h | 744.28 | +0.027% | $71.0M | $141.5M | 25x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 744.12 | +0.005% | $7.7M | $16.4M | 30x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 743.58 | −0.067% | $698K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 745.22 | +0.153% | — | $337K | 50x | as long as short |
| Lighter RH QQQ | +0.0048% | 1h | 744.52 | +0.059% | $37.0M | $79.9M | 50x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0059% | 1h | 744.00 | −0.011% | $425K | $150K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0091% | 8h | 744.38 | +0.040% | $316K | $1.9M | 10x | as long as short |
| Nado QQQ-PERP | +0.0095% | 1h | 743.92 | −0.022% | $1.5M | $829K | 20x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 743.90 | −0.024% | $3.4M | $363K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 743.89 | −0.026% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 744.00 | −0.011% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 743.43 | −0.088% | $93K | $1K | 10x | as long as short |
| Phoenix QQQ | +0.0129% | 1h | 743.93 | −0.020% | $38K | $66K | 20x | as long as short |
| edgeX QQQUSDC | +0.0993% | 4h | 744.11 | +0.004% | $761K | $334K | 20x | as long as short |
OKX QQQ-USDT-SWAP
GMX QQQ/USD [ETH-USDC]
Aster QQQUSDT
Bybit QQQUSDT
RISEx QQQ/USDC
Gate QQQ_USDT
Bitget QQQUSDT
Variational Omni QQQ
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDT
Coinbase International QQQ-PERP-INTX
BloFin QQQ-USDT
Binance QQQUSDT
Lighter QQQ
Lighter RH QQQ
Deribit QQQ_USDC-PERPETUAL
GRVT QQQ_USDT_Perp
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Phoenix QQQ
edgeX QQQUSDC