Funding you earn now, next payment 02:00 UTC+0.0251%/8h= +27.5% APRpaid last 24h +0.073%
Price spread now: Binance against Ondo Perps+0.151%7-day average +0.200% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.214%+$21 on $10k
+Price spread, last 2 days (all we have)+0.085%+$9 · spread now +0.151%, 7d avg +0.200%
=Together, before fees+0.299%+ Points / potential airdropOndo Perps: Active · farm board+$30 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.049% cheaper against Ondo Perps than usual: you would sell low and buy high (spread +0.151% now, against its 7-day average of +0.200%). If the spread goes back, that is −$5 on $10k: about 16 hours of funding at the current rate (+$8 a day). At the pace of the last 7 days (+0.214% in total) that is about 39 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps QQQ-USD.P | 742.89 | −0.0165 | get 0.0021% / 1h | 36m 25s | $4.2M | $1.9M | 20x |
| Short | Binance QQQUSDT | 744.01 | 0.0087 | get 0.0087% / 8h | 6h 36m | $71.1M | $147.7M | 25x |
Ondo Perps QQQ-USD.P
Binance QQQUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Ondo Perps. 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
- $52.8
- Price spread: +0.151% → +0.200%
- −$4.92
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $32.88
- Costs to cover
- 0.150%
- Break-even
- 2.6 days
Slippage unknown: Ondo Perps: no order-book sample; Binance: live order book, 7 min ago. 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 7 min ago | 0.07 bp | 5.1 bp −$5 | 5.7 bp −$57 | 10.4 bp −$1,043 | 27.2 bp −$13.6K |
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.Plong | −0.0165% | 1h | 742.89 | long leg | $4.2M | $1.9M | 20x | |
| GMX QQQ/USD [ETH-USDC] | L −0.0097% / S +0.0202% | 1h | 744.05 | +0.157% | $25K | — | 26x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 743.91 | +0.137% | $10.7M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 743.90 | +0.136% | $21.5M | $25.5M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 743.69 | +0.108% | $3.2M | $21.6M | 50x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 744.61 | +0.232% | $2K | $2.1M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 744.08 | +0.160% | $257K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 744.13 | +0.167% | $360K | $1.4M | 10x | as long as short |
| Aster QQQUSDT | +0.0010% | 8h | 744.06 | +0.157% | $841K | $712K | 20x | as long as short |
| BloFin QQQ-USDT | +0.0026% | 8h | 744.31 | +0.191% | $1.1M | $319K | 20x | as long as short |
GMX QQQ/USD [ETH-USDC]
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDT
Aster QQQUSDT
BloFin QQQ-USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter QQQ | +0.0032% | 1h | 743.75 | +0.116% | $7.7M | $17.7M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 744.18 | +0.174% | $37.4M | $79.6M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 743.14 | +0.034% | $703K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 745.08 | +0.295% | — | $337K | 50x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0048% | 1h | 743.52 | +0.085% | $1.2M | $535K | 20x | as long as short |
| Variational Omni QQQ | +0.0065% | 8h | 744.04 | +0.155% | $17.1M | $7.6M | — | as long as short |
| Bitget QQQUSDT | +0.0070% | 8h | 744.03 | +0.153% | $16.9M | $5.9M | 20x | as long as short |
| Binance QQQUSDTshort | +0.0087% | 8h | 744.01 | +0.151% | $71.1M | $147.7M | 25x | |
| KuCoin QQQUSDTM | +0.0100% | 8h | 743.84 | +0.128% | $3.4M | $406K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 743.71 | +0.110% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 743.82 | +0.125% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 743.28 | +0.053% | $93K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0121% | 1h | 743.62 | +0.098% | $1.5M | $1.0M | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0127% | 1h | 743.79 | +0.121% | $425K | $148K | 20x | as long as short |
| RISEx QQQ/USDC | +0.0168% | 1h | 744.02 | +0.152% | $5.4M | $8.1M | 25x | as long as short |
| Phoenix QQQ | +0.0183% | 1h | 743.66 | +0.104% | $38K | $66K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0230% | 8h | 744.26 | +0.185% | $318K | $1.8M | 10x | as long as short |
| edgeX QQQUSDC | +0.0751% | 4h | 743.92 | +0.139% | $761K | $334K | 20x | as long as short |
Lighter QQQ
Lighter RH QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
Coinbase International QQQ-PERP-INTX
Variational Omni QQQ
Bitget QQQUSDT
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Nado QQQ-PERP
Deribit QQQ_USDC-PERPETUAL
RISEx QQQ/USDC
Phoenix QQQ
GRVT QQQ_USDT_Perp
edgeX QQQUSDC