Funding you earn now, next payment 07:00 UTC+0.0176%/8h= +19.2% APRpaid last 24h +0.038%
Price spread now: Nado against Gate+0.038%7-day average −0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$320.316% of the position
Funding, last 3 days (all we have)+0.052%+$5 on $10k
+Price spread, last 7 days−0.083%−$8 · spread now +0.038%, 7d avg −0.009%
=Together, before fees−0.031%+ Points / potential airdropNado: Active · farm board−$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Nado is 0.047% dearer against Gate than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.009%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate QQQ_USDT | 741.23 | −0.0058 | get 0.0058% / 8h | 1h 03m | $3.4M | $21.6M | 50x |
| Short | Nado QQQ-PERP | 741.51 | 0.0118 | get 0.0015% / 1h | 3m 37s | $1.6M | $764K | 20x |
Gate QQQ_USDT
Nado QQQ-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Gate. 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
- $36.9
- Price spread: +0.038% → −0.009%
- $4.68
- Slippage, 4 orders
- −$9.64
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- $9.95
- Costs to cover
- 0.316%
- Break-even
- 5.1 days
Slippage from Gate: live order book, 5 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 Gate live order book, 5 min ago | 1.21 bp | 11.5 bp −$12 | 17.7 bp −$177 | doesn't fit | doesn't fit |
| Sell Nado live order book, 5 min ago | 0.07 bp | 4.6 bp −$5 | 7.5 bp −$75 | 85.9 bp −$8,590 | 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 −0.0166% / S +0.0256% | 1h | 741.91 | +0.092% | $25K | — | 26x | as long as short |
| Gate QQQ_USDTlong | −0.0058% | 8h | 741.23 | long leg | $3.4M | $21.6M | 50x | |
| Ondo Perps QQQ-USD.P | −0.0023% | 1h | 740.51 | −0.097% | $4.2M | $1.8M | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 741.87 | +0.086% | $823K | $858K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 741.86 | +0.085% | $10.5M | $5.2M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 741.68 | +0.061% | $21.4M | $28.3M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 741.56 | +0.045% | $5.5M | $6.3M | 25x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 742.06 | +0.112% | $16.6M | $5.5M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 741.89 | +0.088% | $16.9M | $7.3M | — | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 742.62 | +0.188% | $2K | $1.8M | 10x | as long as short |
GMX QQQ/USD [ETH-USDC]
Ondo Perps QQQ-USD.P
Aster QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Bitget QQQUSDT
Variational Omni QQQ
SunX QQQ-USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX QQQ-USDT | 0.0000% | 8h | 742.26 | +0.139% | $251K | $41K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 742.05 | +0.111% | $363K | $1.6M | 10x | as long as short |
| BloFin QQQ-USDT | 0.0000% | 8h | 741.72 | +0.066% | $1.1M | $271K | 20x | as long as short |
| Binance QQQUSDT | +0.0003% | 8h | 741.93 | +0.094% | $70.0M | $143.8M | 25x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0006% | 1h | 741.58 | +0.047% | $424K | $155K | 20x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0016% | 1h | 741.35 | +0.016% | $1.2M | $489K | 20x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 741.74 | +0.069% | $7.7M | $15.6M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 742.06 | +0.112% | $37.1M | $81.4M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 741.08 | −0.020% | $686K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 742.87 | +0.221% | — | $337K | 50x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 741.49 | +0.035% | $3.4M | $356K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 741.40 | +0.023% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 741.56 | +0.045% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 741.12 | −0.015% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERPshort | +0.0118% | 1h | 741.51 | +0.038% | $1.6M | $764K | 20x | |
| GRVT QQQ_USDT_Perp | +0.0119% | 8h | 742.00 | +0.104% | $314K | $2.0M | 10x | as long as short |
| Phoenix QQQ | +0.0205% | 1h | 741.67 | +0.059% | $38K | $66K | 20x | as long as short |
| edgeX QQQUSDC | +0.0298% | 4h | 741.83 | +0.082% | $758K | $336K | 20x | as long as short |
HTX QQQ-USDT
Phemex QQQUSDT
BloFin QQQ-USDT
Binance QQQUSDT
Deribit QQQ_USDC-PERPETUAL
Coinbase International QQQ-PERP-INTX
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
Phoenix QQQ
edgeX QQQUSDC