Recorded funding APR per leg and the net spread between them
Spread earned per holding period (funding only, before fees/slippage)
| Holding Period | Spread Earned | |
|---|---|---|
| 1 Hour | +0.0006% | Effective hourly funding spread |
| 1 Day | +0.0151% | 24-hour cumulative funding |
| 7 Days | +0.1058% | Weekly cumulative funding |
| 30 Days | +0.4536% | Monthly cumulative funding |
| 90 Days | +1.3608% | Quarterly cumulative funding |
| 1 Year | +5.5188% | Annual cumulative funding (APR) |
Hold equal notional on both legs so net price exposure is zero. The position earns the funding differential between venues each interval — currently +5.52% annualized — less trading fees and any rate drift. Long QFEX (receive or pay the least funding) and short Ondo (collect the richer funding). Spreads compress as funding converges, so the carry is rebalanced or closed when the edge fades.
Projections are illustrative and exclude fees, slippage and liquidation risk — not investment advice. See Risk Disclosure.
Spot candles · Binance