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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0138%/8h= +15.1% APRpaid last 24h +0.019%
Price spread now: Nado against BloFin−0.021%7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$220.224% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.066%+$7 on $10k
Price spread, last 3 days (all we have)−0.053%−$5 · spread now −0.021%, 7d avg −0.018%
Together, before fees+0.013%+ Points / potential airdropNado: Active · farm board+$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.018%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin QQQ-USDT743.81−0.0029get 0.0029% / 8h7h 50m$1.0M$318K20x
ShortNado QQQ-PERP743.660.0109get 0.0014% / 1h50m 15s$1.5M$1.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against BloFin. 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
$28.96
Price spread: −0.021% → −0.018%
−$0.22
Slippage, 4 orders
−$3.45
Fee BloFin: 6 bp × 2 orders
−$12
Fee Nado: 3.5 bp × 2 orders
−$7
Net
$6.29
Costs to cover
0.224%
Break-even
5.5 days
Slippage from BloFin: live order book, 2 min ago; Nado: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 2 min ago0.07 bp6.4 bp −$67.0 bp −$708.6 bp −$85917.3 bp −$8,662
Sell Nado live order book, 3 min ago0.07 bp5.1 bp −$59.3 bp −$93doesn't fitdoesn'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
Ondo Perps QQQ-USD.P−0.0367%1h742.38−0.192%$4.2M$2.0M20xas long as short
GMX QQQ/USD [ETH-USDC]L −0.0082% / S +0.0190%1h744.16+0.048%$25K26xas long as short
BloFin QQQ-USDTlong−0.0029%8h743.81long leg$1.0M$318K20x
Aster QQQUSDT0.0000%8h743.66−0.020%$841K$757K20xas long as short
OKX QQQ-USDT-SWAP0.0000%8h743.97+0.022%$21.5M$25.4M50xas long as short
Gate QQQ_USDT0.0000%8h743.72−0.012%$3.2M$26.4M50xas long as short
SunX QQQ-USDT0.0000%8h744.60+0.106%$2K$2.3M10xas long as short
HTX QQQ-USDT0.0000%8h743.15−0.089%$257K$28K30xas long as short
Phemex QQQUSDT0.0000%8h744.24+0.058%$361K$1.4M10xas long as short
Bybit QQQUSDT+0.0022%8h744.08+0.036%$10.7M$4.9M50xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter QQQ+0.0032%1h743.87+0.008%$7.6M$18.1M30xas long as short
Lighter RH QQQ+0.0032%1h744.20+0.052%$37.4M$78.7M50xas long as short
Variational Omni QQQ+0.0039%8h743.94+0.017%$17.1M$10.8Mas long as short
Arcus QQQ-USD+0.0040%1h743.15−0.089%$746K$1.5M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h744.61+0.108%$388K50xas long as short
Coinbase International QQQ-PERP-INTX+0.0064%1h743.52−0.039%$1.2M$626K20xas long as short
Binance QQQUSDT+0.0068%8h744.15+0.045%$71.0M$155.0M25xas long as short
KuCoin QQQUSDTM+0.0100%8h743.71−0.013%$3.4M$413K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h743.50−0.042%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h743.84+0.004%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h743.36−0.061%$93K$1K10xas long as short
Nado QQQ-PERPshort+0.0109%1h743.66−0.021%$1.5M$1.2M20x
Deribit QQQ_USDC-PERPETUAL+0.0140%1h743.93+0.016%$425K$147K20xas long as short
GRVT QQQ_USDT_Perp+0.0165%8h744.03+0.030%$327K$1.8M10xas long as short
Bitget QQQUSDT+0.0173%8h744.18+0.050%$16.9M$6.6M20xas long as short
RISEx QQQ/USDC+0.0208%1h744.10+0.039%$5.5M$9.0M25xas long as short
Phoenix QQQ+0.0258%1h743.65−0.022%$38K$66K20xas long as short
edgeX QQQUSDC+0.0496%4h743.85+0.005%$761K$336K20xas long as short