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+0.0248%/8h= +27.2% APRpaid last 24h +0.069%
Price spread now: KuCoin against Ondo Perps+0.122%7-day average +0.152% · you sell dearer than you buy
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+0.440%+$44 on $10k
Price spread, last 7 days−0.007%−$1 · spread now +0.122%, 7d avg +0.152%
Together, before fees+0.433%+ Points / potential airdropOndo Perps: Active · farm board+$43 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.029% cheaper against Ondo Perps than usual: you would sell low and buy high (spread +0.122% now, against its 7-day average of +0.152%). If the spread goes back, that is −$3 on $10k: about 9 hours of funding at the current rate (+$7 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps QQQ-USD.P743.21−0.0148get 0.0019% / 1h33m 06s$4.2M$1.8M20x
ShortKuCoin QQQUSDTM744.120.0100get 0.0100% / 8h4h 33m$3.4M$386K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$52.08
Price spread: +0.122% → +0.152%
−$2.93
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$32.15
Costs to cover
0.170%
Break-even
2.7 days
Slippage unknown: Ondo Perps: no order-book sample; KuCoin: live order book, 4 min ago. 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 Ondo Perps no order-book sample
Sell KuCoin live order book, 4 min ago1.54 bp13.8 bp −$14115.6 bp −$1,156doesn't fitdoesn't fit
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.Plong−0.0148%1h743.21long leg$4.2M$1.8M20x
GMX QQQ/USD [ETH-USDC]L −0.0122% / S +0.0222%1h744.47+0.169%$25K26xas long as short
BloFin QQQ-USDT−0.0023%8h744.29+0.145%$1.1M$271K20xas long as short
Aster QQQUSDT0.0000%8h744.46+0.168%$841K$714K20xas long as short
Bybit QQQUSDT0.0000%8h744.36+0.155%$10.7M$5.0M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h744.29+0.145%$21.5M$26.9M50xas long as short
RISEx QQQ/USDC0.0000%1h744.54+0.178%$5.4M$7.5M25xas long as short
Gate QQQ_USDT0.0000%8h743.84+0.085%$3.3M$20.8M50xas long as short
Bitget QQQUSDT0.0000%8h744.61+0.188%$16.9M$5.7M20xas long as short
SunX QQQ-USDT0.0000%8h744.91+0.229%$2K$1.9M10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX QQQ-USDT0.0000%8h744.81+0.215%$257K$29K30xas long as short
Phemex QQQUSDT0.0000%8h744.78+0.211%$363K$1.5M10xas long as short
Variational Omni QQQ+0.0002%8h744.38+0.158%$17.1M$7.5Mas long as short
Coinbase International QQQ-PERP-INTX+0.0008%1h743.96+0.101%$1.2M$536K20xas long as short
Lighter QQQ+0.0032%1h744.27+0.143%$7.7M$16.3M30xas long as short
Binance QQQUSDT+0.0039%8h744.47+0.169%$71.1M$141.7M25xas long as short
Arcus QQQ-USD+0.0040%1h743.77+0.075%$700K$1.6M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h745.46+0.303%$337K50xas long as short
Lighter RH QQQ+0.0048%1h744.74+0.206%$36.9M$79.0M50xas long as short
Nado QQQ-PERP+0.0096%1h744.09+0.119%$1.5M$876K20xas long as short
KuCoin QQQUSDTMshort+0.0100%8h744.12+0.122%$3.4M$386K20x
ApeX Omni QQQUSDT+0.0100%1h744.09+0.118%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h744.19+0.132%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h743.65+0.059%$93K$1K10xas long as short
GRVT QQQ_USDT_Perp+0.0110%8h744.58+0.184%$324K$1.9M10xas long as short
edgeX QQQUSDC+0.0111%4h744.37+0.156%$761K$335K20xas long as short
Phoenix QQQ+0.0129%1h744.01+0.108%$38K$66K20xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0315%1h744.41+0.161%$425K$149K20xas long as short