Funding you earn now, next payment 01:00 UTC+0.0113%/8h= +12.4% APRpaid last 24h +0.041%
Price spread now: Nado against Aster−0.021%7-day average −0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$190.191% of the position
Funding, last 3 days (all we have)+0.029%+$3 on $10k
+Price spread, last 4 days (all we have)+0.083%+$8 · spread now −0.021%, 7d avg −0.011%
=Together, before fees+0.112%+ Points / potential airdropAster: Stage 5 · Nado: Active · farm board+$11 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.011%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster QQQUSDT | 743.95 | 0 | get 0.0000% / 8h | 7h 33m | $841K | $739K | 20x |
| Short | Nado QQQ-PERP | 743.79 | 0.0113 | get 0.0014% / 1h | 33m 50s | $1.5M | $1.2M | 20x |
Aster QQQUSDT
Nado QQQ-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Aster. 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
- $23.8
- Price spread: −0.021% → −0.011%
- −$1.02
- Slippage, 4 orders
- −$4.09
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- $3.68
- Costs to cover
- 0.191%
- Break-even
- 5.9 days
Slippage from Aster: live order book, 39 min ago; Nado: live order book, 5 min ago.
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 Aster live order book, 39 min ago | 0.27 bp | 4.8 bp −$5 | 6.8 bp −$68 | 32.4 bp −$3,239 | doesn't fit |
| Sell Nado live order book, 5 min ago | 0.07 bp | 4.8 bp −$5 | 7.2 bp −$72 | 86.3 bp −$8,631 | doesn't fit |
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.P | −0.0365% | 1h | 742.31 | −0.220% | $4.2M | $2.0M | 20x | as long as short |
| GMX QQQ/USD [ETH-USDC] | L −0.0085% / S +0.0193% | 1h | 744.22 | +0.036% | $25K | — | 26x | as long as short |
| Aster QQQUSDTlong | 0.0000% | 8h | 743.95 | long leg | $841K | $739K | 20x | |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 744.01 | +0.008% | $21.5M | $25.0M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 743.87 | −0.011% | $3.2M | $27.5M | 50x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 744.63 | +0.092% | $2K | $2.2M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 744.40 | +0.061% | $257K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 744.43 | +0.065% | $362K | $1.4M | 10x | as long as short |
| BloFin QQQ-USDT | +0.0006% | 8h | 744.05 | +0.014% | $1.1M | $318K | 20x | as long as short |
| Bybit QQQUSDT | +0.0019% | 8h | 744.14 | +0.026% | $10.7M | $4.9M | 50x | as long as short |
Ondo Perps QQQ-USD.P
GMX QQQ/USD [ETH-USDC]
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDT
BloFin QQQ-USDT
Bybit QQQUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter QQQ | +0.0032% | 1h | 743.97 | +0.003% | $7.6M | $18.2M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 744.38 | +0.058% | $37.3M | $79.8M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 743.47 | −0.064% | $747K | $1.5M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 744.74 | +0.106% | — | $306K | 50x | as long as short |
| Variational Omni QQQ | +0.0046% | 8h | 744.16 | +0.028% | $17.1M | $9.8M | — | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0064% | 1h | 743.73 | −0.029% | $1.2M | $548K | 20x | as long as short |
| Binance QQQUSDT | +0.0074% | 8h | 744.14 | +0.025% | $71.1M | $152.6M | 25x | as long as short |
| edgeX QQQUSDC | +0.0087% | 4h | 744.00 | +0.007% | $761K | $336K | 20x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 743.82 | −0.017% | $3.4M | $412K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 743.83 | −0.016% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 743.92 | −0.004% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 743.41 | −0.072% | $93K | $1K | 10x | as long as short |
| Nado QQQ-PERPshort | +0.0113% | 1h | 743.79 | −0.021% | $1.5M | $1.2M | 20x | |
| Deribit QQQ_USDC-PERPETUAL | +0.0153% | 1h | 744.05 | +0.014% | $425K | $147K | 20x | as long as short |
| Bitget QQQUSDT | +0.0176% | 8h | 744.26 | +0.042% | $16.9M | $6.6M | 20x | as long as short |
| RISEx QQQ/USDC | +0.0208% | 1h | 744.21 | +0.035% | $5.5M | $8.6M | 25x | as long as short |
| Phoenix QQQ | +0.0258% | 1h | 743.74 | −0.028% | $38K | $66K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0268% | 8h | 744.26 | +0.042% | $316K | $1.8M | 10x | as long as short |
Lighter QQQ
Lighter RH QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
Variational Omni QQQ
Coinbase International QQQ-PERP-INTX
Binance QQQUSDT
edgeX QQQUSDC
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Deribit QQQ_USDC-PERPETUAL
Bitget QQQUSDT
RISEx QQQ/USDC
Phoenix QQQ
GRVT QQQ_USDT_Perp