QQQ

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0217%/8h= +23.7% APRnext payment +$0.27 per $10,000 · paid last 24h +0.044%

Price spread now: Nado against GMX−0.057%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on GMX Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropNado: Active · farm boardneeds both histories

Funding pays, the price is against you. Nado is 0.057% cheaper against GMX than usual: you would sell low and buy high (spread −0.057% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 21 hours of funding at the current rate (+$6 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX QQQ/USD [ETH-USDC]	743.14	L −0.0138% / S +0.0234%	get 0.0017% / 1h	19m 19s	$25K	—	26x
Short	Nado QQQ-PERP	742.72	0.0079	get 0.0010% / 1h	19m 19s	$1.5M	$746K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against GMX. 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

Position, each leg$Hold fordaysFee GMXbpFee NadobpOrdersPrice spread, now −0.057%Rate

Funding earned: $45.5
Price spread: −0.057% → 0.000%: −$5.66
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Nado: 3.5 bp × 2 orders: −$7
Net: $20.83
Costs to cover: 0.190%
Break-even: 3.8 days

Slippage unknown: GMX: no order-book sample; Nado: live order book, 4 min ago. Net counts fees only.

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 GMX no order-book sample	—	—	—	—	—
Sell Nado live order book, 4 min ago	0.07 bp	4.8 bp −$5	7.7 bp −$77	84.2 bp −$8,417	doesn't fit

GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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]long	L −0.0138% / S +0.0234%	1h	743.14	long leg	$25K	—	26x
Ondo Perps QQQ-USD.P	−0.0030%	1h	741.97	−0.158%	$4.2M	$1.8M	20x	as long as short
Aster QQQUSDT	0.0000%	8h	742.99	−0.021%	$824K	$857K	20x	as long as short
Binance QQQUSDT	0.0000%	8h	743.14	−0.001%	$70.3M	$142.4M	25x	as long as short
Bybit QQQUSDT	0.0000%	8h	743.12	−0.003%	$10.7M	$5.0M	50x	as long as short
OKX QQQ-USDT-SWAP	0.0000%	8h	742.88	−0.036%	$21.5M	$27.2M	50x	as long as short
Gate QQQ_USDT	0.0000%	8h	742.50	−0.087%	$3.3M	$21.2M	50x	as long as short
Bitget QQQUSDT	0.0000%	8h	743.33	+0.025%	$16.9M	$5.5M	20x	as long as short
Variational Omni QQQ	0.0000%	8h	743.17	+0.004%	$17.1M	$7.3M	—	as long as short
SunX QQQ-USDT	0.0000%	8h	743.77	+0.084%	$2K	$1.9M	10x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International QQQ-PERP-INTX	0.0000%	1h	742.64	−0.068%	$1.2M	$537K	20x	as long as short
HTX QQQ-USDT	0.0000%	8h	744.11	+0.130%	$257K	$29K	30x	as long as short
Phemex QQQUSDT	0.0000%	8h	743.29	+0.020%	$362K	$1.6M	10x	as long as short
BloFin QQQ-USDT	+0.0002%	8h	743.12	−0.003%	$1.1M	$256K	20x	as long as short
RISEx QQQ/USDC	+0.0010%	1h	743.14	−0.001%	$5.4M	$7.3M	25x	as long as short
Lighter QQQ	+0.0032%	1h	742.94	−0.028%	$7.7M	$15.8M	30x	as long as short
Lighter RH QQQ	+0.0032%	1h	743.33	+0.025%	$37.0M	$79.4M	50x	as long as short
Arcus QQQ-USD	+0.0040%	1h	742.29	−0.115%	$704K	$1.6M	25x	as long as short
Vest QQQ-USD-PERP	+0.0046%	1h	744.04	+0.120%	—	$337K	50x	as long as short
GRVT QQQ_USDT_Perp	+0.0064%	8h	743.36	+0.028%	$320K	$1.9M	10x	as long as short
Nado QQQ-PERPshort	+0.0079%	1h	742.72	−0.057%	$1.5M	$746K	20x
KuCoin QQQUSDTM	+0.0100%	8h	742.79	−0.048%	$3.4M	$340K	20x	as long as short
ApeX Omni QQQUSDT	+0.0100%	1h	742.87	−0.037%	$20K	$2.2M	50x	as long as short
Orderly PERP_QQQ_USDC_mythos	+0.0100%	8h	742.81	−0.045%	$12K	$21K	20x	as long as short
Aevo QQQ-PERP	+0.0104%	1h	742.28	−0.116%	$92K	$1K	10x	as long as short
Phoenix QQQ	+0.0118%	1h	742.68	−0.063%	$38K	$66K	20x	as long as short
Deribit QQQ_USDC-PERPETUAL	+0.0154%	1h	742.92	−0.030%	$424K	$151K	20x	as long as short
edgeX QQQUSDC	+0.0638%	4h	743.13	−0.003%	$760K	$335K	20x	as long as short