Funding you earn now, next payment 08:00 UTC+0.0112%/8h= +12.3% APRpaid last 24h −0.027%
Price spread now: Nado against edgeX−0.070%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−$34as in the Price arb table
costs, in and out, $10k−$280.284% of the position
Funding, last 4 days (all we have)+0.274%+$27 on $10k
+Price spread, last 4 days (all we have)+0.066%+$7 · spread now −0.070%, 7d avg −0.011%
=Together, before fees+0.339%+ Points / potential airdropedgeX: Active · Nado: Active · farm board+$34 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.060% cheaper against edgeX than usual: you would sell low and buy high (spread −0.070% now, against its 7-day average of −0.011%). If the spread goes back, that is −$6 on $10k: about 43 hours of funding at the current rate (+$3 a day). At the pace of the last 4 days (+0.274% in total) that is about 18 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX QQQUSDC | 741.76 | 0.0027 | pay 0.0014% / 4h | 11m 11s | $758K | $337K | 20x |
| Short | Nado QQQ-PERP | 741.24 | 0.0139 | get 0.0017% / 1h | 11m 11s | $1.6M | $746K | 20x |
edgeX QQQUSDC
Nado QQQ-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against edgeX. 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
- $23.54
- Price spread: −0.070% → −0.011%
- −$5.96
- Slippage, 4 orders
- −$12.44
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$10.86
- Costs to cover
- 0.284%
- Break-even
- 10.2 days
Slippage from edgeX: live order book, 28 min ago; Nado: live order book, 2 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 edgeX live order book, 28 min ago | 4.11 bp | 8.7 bp −$9 | 9.7 bp −$97 | doesn't fit | doesn't fit |
| Sell Nado live order book, 2 min ago | 0.20 bp | 5.3 bp −$5 | 9.2 bp −$92 | doesn't fit | 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 −0.0177% / S +0.0265% | 1h | 741.66 | −0.013% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0147% | 1h | 740.60 | −0.156% | $4.2M | $1.8M | 20x | as long as short |
| Gate QQQ_USDT | −0.0093% | 8h | 741.21 | −0.074% | $3.3M | $21.7M | 50x | as long as short |
| BloFin QQQ-USDT | −0.0008% | 8h | 741.40 | −0.048% | $1.1M | $274K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 741.62 | −0.019% | $824K | $864K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 741.60 | −0.021% | $10.7M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 741.40 | −0.048% | $21.4M | $28.3M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 741.41 | −0.046% | $5.4M | $5.9M | 25x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 741.78 | +0.003% | $16.5M | $5.3M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 741.75 | −0.001% | $16.8M | $7.2M | — | as long as short |
GMX QQQ/USD [ETH-USDC]
Ondo Perps QQQ-USD.P
Gate QQQ_USDT
BloFin QQQ-USDT
Aster QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Bitget QQQUSDT
Variational Omni QQQShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX QQQ-USDT | 0.0000% | 8h | 742.02 | +0.035% | $2K | $1.7M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 741.93 | +0.023% | $250K | $41K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 742.01 | +0.034% | $361K | $1.6M | 10x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0016% | 1h | 741.15 | −0.082% | $1.2M | $488K | 20x | as long as short |
| Binance QQQUSDT | +0.0023% | 8h | 741.62 | −0.018% | $70.3M | $140.9M | 25x | as long as short |
| edgeX QQQUSDClong | +0.0027% | 4h | 741.76 | long leg | $758K | $337K | 20x | |
| Lighter QQQ | +0.0032% | 1h | 741.42 | −0.046% | $7.7M | $15.4M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 741.75 | −0.001% | $37.3M | $81.2M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 740.94 | −0.110% | $647K | $1.7M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 742.60 | +0.113% | — | $337K | 50x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 741.24 | −0.070% | $3.4M | $351K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 741.53 | −0.031% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 741.37 | −0.052% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 740.93 | −0.112% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERPshort | +0.0139% | 1h | 741.24 | −0.070% | $1.6M | $746K | 20x | |
| GRVT QQQ_USDT_Perp | +0.0143% | 8h | 742.13 | +0.050% | $315K | $2.0M | 10x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0155% | 1h | 741.31 | −0.060% | $423K | $156K | 20x | as long as short |
| Phoenix QQQ | +0.0227% | 1h | 741.64 | −0.016% | $38K | $65K | 20x | as long as short |
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDT
Coinbase International QQQ-PERP-INTX
Binance QQQUSDT
Lighter QQQ
Lighter RH QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
GRVT QQQ_USDT_Perp
Deribit QQQ_USDC-PERPETUAL
Phoenix QQQ