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 − costs—under 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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance QQQUSDT | 742.86 | 0.0067 | pay 0.0067% / 8h | 1h 08m | $70.0M | $160.0M | 25x |
| Short | Nado QQQ-PERP | 742.48 | 0.0160 | get 0.0020% / 1h | 8m 17s | $1.5M | $1.3M | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 5 min ago | 0.07 bp | 5.1 bp −$5 | 5.1 bp −$51 | 10.1 bp −$1,005 | 26.6 bp −$13.3K |
| Sell Nado live order book, just now | 0.07 bp | 5.1 bp −$5 | 8.6 bp −$86 | 53.7 bp −$5,371 | 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX QQQ/USD [ETH-USDC] | L −0.0075% / S +0.0186% | 1h | 742.89 | +0.004% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0041% | 1h | 741.70 | −0.156% | $4.2M | $2.1M | 20x | as long as short |
| BloFin QQQ-USDT | 0.0000% | 8h | 742.21 | −0.088% | $1.0M | $478K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 742.63 | −0.031% | $841K | $780K | 20x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 742.64 | −0.030% | $21.5M | $27.8M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 742.33 | −0.072% | $3.1M | $32.8M | 50x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 743.29 | +0.058% | $2K | $2.3M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 743.04 | +0.024% | $257K | $26K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 743.33 | +0.063% | $361K | $1.4M | 10x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 743.12 | +0.035% | $37.7M | $81.9M | 50x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni QQQ | +0.0035% | 8h | 742.64 | −0.029% | $17.6M | $10.4M | — | as long as short |
| Lighter QQQ | +0.0040% | 1h | 742.65 | −0.029% | $7.8M | $21.6M | 30x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 742.01 | −0.115% | $737K | $1.4M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 743.34 | +0.064% | — | $621K | 50x | as long as short |
| Binance QQQUSDTlong | +0.0067% | 8h | 742.86 | long leg | $70.0M | $160.0M | 25x | |
| Bybit QQQUSDT | +0.0083% | 8h | 742.76 | −0.014% | $10.7M | $5.4M | 50x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0088% | 1h | 742.25 | −0.082% | $1.2M | $867K | 20x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 742.40 | −0.062% | $3.4M | $430K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 742.17 | −0.093% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 742.24 | −0.084% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 742.15 | −0.095% | $92K | $1K | 10x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0154% | 1h | 742.57 | −0.039% | $424K | $227K | 20x | as long as short |
| Nado QQQ-PERPshort | +0.0160% | 1h | 742.48 | −0.051% | $1.5M | $1.3M | 20x | |
| GRVT QQQ_USDT_Perp | +0.0169% | 8h | 742.76 | −0.014% | $319K | $1.8M | 10x | as long as short |
| Bitget QQQUSDT | +0.0192% | 8h | 742.93 | +0.009% | $16.9M | $7.0M | 20x | as long as short |
| Phoenix QQQ | +0.0259% | 1h | 742.29 | −0.077% | $38K | $73K | 20x | as long as short |
| RISEx QQQ/USDC | +0.0315% | 1h | 742.97 | +0.015% | $5.3M | $8.9M | 25x | as long as short |
| edgeX QQQUSDC | +0.0406% | 4h | 742.66 | −0.027% | $759K | $335K | 20x | as long as short |
Binance QQQUSDT
GMX QQQ/USD [ETH-USDC]
BloFin QQQ-USDT
Aster QQQUSDT
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDT
Lighter RH QQQ
Variational Omni QQQ
Lighter QQQ
Bybit QQQUSDT
Coinbase International QQQ-PERP-INTX
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Deribit QQQ_USDC-PERPETUAL
GRVT QQQ_USDT_Perp
Bitget QQQUSDT
Phoenix QQQ
RISEx QQQ/USDC
edgeX QQQUSDC