Settings8H · net · $10k
Funding arb · Price arb /

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0093%/8h= +10.1% APRpaid last 24h +0.123%
Price spread now: Nado against Binance−0.051%7-day average −0.043% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$200.201% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.105%+$10 on $10k
Price spread, last 2 days (all we have)+0.062%+$6 · spread now −0.051%, 7d avg −0.043%
Together, before fees+0.167%+ Points / potential airdropNado: Active · farm board+$17 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.043%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance QQQUSDT742.860.0067pay 0.0067% / 8h1h 08m$70.0M$160.0M25x
ShortNado QQQ-PERP742.480.0160get 0.0020% / 1h8m 17s$1.5M$1.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Binance. 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
$19.44
Price spread: −0.051% → −0.043%
−$0.78
Slippage, 4 orders
−$3.06
Fee Binance: 5 bp × 2 orders
−$10
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$1.4
Costs to cover
0.201%
Break-even
7.5 days
Slippage from Binance: live order book, 5 min ago; Nado: live order book, just now.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 5 min ago0.07 bp5.1 bp −$55.1 bp −$5110.1 bp −$1,00526.6 bp −$13.3K
Sell Nado live order book, just now0.07 bp5.1 bp −$58.6 bp −$8653.7 bp −$5,371doesn't fit

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
GMX QQQ/USD [ETH-USDC]L −0.0075% / S +0.0186%1h742.89+0.004%$25K26xas long as short
Ondo Perps QQQ-USD.P−0.0041%1h741.70−0.156%$4.2M$2.1M20xas long as short
BloFin QQQ-USDT0.0000%8h742.21−0.088%$1.0M$478K20xas long as short
Aster QQQUSDT0.0000%8h742.63−0.031%$841K$780K20xas long as short
OKX QQQ-USDT-SWAP0.0000%8h742.64−0.030%$21.5M$27.8M50xas long as short
Gate QQQ_USDT0.0000%8h742.33−0.072%$3.1M$32.8M50xas long as short
SunX QQQ-USDT0.0000%8h743.29+0.058%$2K$2.3M10xas long as short
HTX QQQ-USDT0.0000%8h743.04+0.024%$257K$26K30xas long as short
Phemex QQQUSDT0.0000%8h743.33+0.063%$361K$1.4M10xas long as short
Lighter RH QQQ+0.0032%1h743.12+0.035%$37.7M$81.9M50xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni QQQ+0.0035%8h742.64−0.029%$17.6M$10.4Mas long as short
Lighter QQQ+0.0040%1h742.65−0.029%$7.8M$21.6M30xas long as short
Arcus QQQ-USD+0.0040%1h742.01−0.115%$737K$1.4M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h743.34+0.064%$621K50xas long as short
Binance QQQUSDTlong+0.0067%8h742.86long leg$70.0M$160.0M25x
Bybit QQQUSDT+0.0083%8h742.76−0.014%$10.7M$5.4M50xas long as short
Coinbase International QQQ-PERP-INTX+0.0088%1h742.25−0.082%$1.2M$867K20xas long as short
KuCoin QQQUSDTM+0.0100%8h742.40−0.062%$3.4M$430K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h742.17−0.093%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h742.24−0.084%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h742.15−0.095%$92K$1K10xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0154%1h742.57−0.039%$424K$227K20xas long as short
Nado QQQ-PERPshort+0.0160%1h742.48−0.051%$1.5M$1.3M20x
GRVT QQQ_USDT_Perp+0.0169%8h742.76−0.014%$319K$1.8M10xas long as short
Bitget QQQUSDT+0.0192%8h742.93+0.009%$16.9M$7.0M20xas long as short
Phoenix QQQ+0.0259%1h742.29−0.077%$38K$73K20xas long as short
RISEx QQQ/USDC+0.0315%1h742.97+0.015%$5.3M$8.9M25xas long as short
edgeX QQQUSDC+0.0406%4h742.66−0.027%$759K$335K20xas long as short