Funding you earn now, next payment 08:00 UTC+0.0112%/8h= +12.3% APRpaid last 24h +0.034%
Price spread now: OKX against Ondo Perps+0.113%7-day average +0.203% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.269%+$27 on $10k
+Price spread, last 7 days+0.127%+$13 · spread now +0.113%, 7d avg +0.203%
=Together, before fees+0.397%+ Points / potential airdropOndo Perps: Active · farm board+$40 on $10k · with fees, hour by hour
Funding pays, the price is against you. OKX is 0.089% cheaper against Ondo Perps than usual: you would sell low and buy high (spread +0.113% now, against its 7-day average of +0.203%). If the spread goes back, that is −$9 on $10k: about 2.7 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps QQQ-USD.P | 740.83 | −0.0112 | get 0.0014% / 1h | 3m 58s | $4.2M | $1.8M | 20x |
| Short | OKX QQQ-USDT-SWAP | 741.67 | 0 | get 0.0000% / 8h | 3m 58s | $21.5M | $28.4M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $23.52
- Price spread: +0.113% → +0.203%
- −$8.93
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$0.41
- Costs to cover
- 0.150%
- Break-even
- 7.1 days
Slippage unknown: Ondo Perps: no order-book sample; OKX: live order book, 5 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 OKX live order book, 5 min ago | 0.07 bp | 5.1 bp −$5 | 5.9 bp −$59 | 12.5 bp −$1,250 | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GMX QQQ/USD [ETH-USDC] | L −0.0178% / S +0.0266% | 1h | 741.92 | +0.148% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.Plong | −0.0112% | 1h | 740.83 | long leg | $4.2M | $1.8M | 20x | |
| Gate QQQ_USDT | −0.0095% | 8h | 741.29 | +0.062% | $3.3M | $21.7M | 50x | as long as short |
| BloFin QQQ-USDT | −0.0003% | 8h | 741.56 | +0.099% | $1.1M | $275K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 741.83 | +0.135% | $824K | $864K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 741.85 | +0.138% | $10.7M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAPshort | 0.0000% | 8h | 741.67 | +0.113% | $21.5M | $28.4M | 50x | |
| RISEx QQQ/USDC | 0.0000% | 1h | 741.62 | +0.106% | $5.4M | $5.9M | 25x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 741.94 | +0.150% | $16.5M | $5.3M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 741.74 | +0.123% | $16.8M | $7.2M | — | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX QQQ-USDT | 0.0000% | 8h | 742.23 | +0.189% | $2K | $1.7M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 742.03 | +0.162% | $251K | $41K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 742.22 | +0.188% | $359K | $1.6M | 10x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0016% | 1h | 741.19 | +0.049% | $1.2M | $487K | 20x | as long as short |
| Binance QQQUSDT | +0.0026% | 8h | 741.91 | +0.145% | $70.3M | $140.5M | 25x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 741.70 | +0.117% | $7.7M | $15.4M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 742.04 | +0.163% | $37.4M | $81.7M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 740.90 | +0.009% | $647K | $1.7M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 742.81 | +0.267% | — | $337K | 50x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 741.41 | +0.078% | $3.4M | $357K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 741.25 | +0.057% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 741.59 | +0.103% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 741.09 | +0.035% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0139% | 1h | 741.38 | +0.074% | $1.6M | $746K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0145% | 8h | 741.92 | +0.147% | $314K | $2.0M | 10x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0182% | 1h | 741.72 | +0.120% | $424K | $156K | 20x | as long as short |
| Phoenix QQQ | +0.0227% | 1h | 741.45 | +0.084% | $38K | $65K | 20x | as long as short |
| edgeX QQQUSDC | +0.0684% | 4h | 741.62 | +0.107% | $758K | $336K | 20x | as long as short |
OKX QQQ-USDT-SWAP
GMX QQQ/USD [ETH-USDC]
Gate QQQ_USDT
BloFin QQQ-USDT
Aster QQQUSDT
Bybit QQQUSDT
RISEx QQQ/USDC
Bitget QQQUSDT
Variational Omni QQQ
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDT
Coinbase International QQQ-PERP-INTX
Binance QQQUSDT
Lighter QQQ
Lighter RH QQQ
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
GRVT QQQ_USDT_Perp
Deribit QQQ_USDC-PERPETUAL
Phoenix QQQ
edgeX QQQUSDC