Funding you earn now, next payment 08:00 UTC−0.0036%/8h= −4.0% APRnext payment −$0.05 per $10,000 · paid last 24h −0.007%
Price spread now: Aevo against Nado−0.037%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Aevo is 0.037% cheaper against Nado than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado QQQ-PERP | 741.25 | 0.0140 | pay 0.0018% / 1h | 8m 01s | $1.6M | $744K | 20x |
| Short | Aevo QQQ-PERP | 740.97 | 0.0104 | get 0.0013% / 1h | 8m 01s | $92K | $1K | 10x |
Nado QQQ-PERP
Aevo QQQ-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Nado. 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
- −$7.58
- Price spread: −0.037% → 0.000%
- −$3.73
- Slippage, 4 orders
- no order book: not counted
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$34.31
- Costs to cover
- 0.230%
- Break-even
- never at this rate
Slippage unknown: Nado: live order book, 1 min ago; Aevo: no order-book sample. 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 Nado live order book, 1 min ago | 0.07 bp | 6.1 bp −$6 | 9.1 bp −$91 | doesn't fit | doesn't fit |
| Sell Aevo no order-book sample | — | — | — | — | — |
Aevo: 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] | L −0.0177% / S +0.0265% | 1h | 741.71 | +0.062% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0130% | 1h | 740.82 | −0.057% | $4.2M | $1.8M | 20x | as long as short |
| Gate QQQ_USDT | −0.0094% | 8h | 741.21 | −0.005% | $3.3M | $21.7M | 50x | as long as short |
| BloFin QQQ-USDT | −0.0005% | 8h | 741.47 | +0.030% | $1.1M | $274K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 741.72 | +0.063% | $824K | $864K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 741.71 | +0.063% | $10.7M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 741.39 | +0.019% | $21.5M | $28.3M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 741.50 | +0.034% | $5.4M | $5.9M | 25x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 741.82 | +0.078% | $16.5M | $5.3M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 741.57 | +0.044% | $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 | 742.04 | +0.107% | $2K | $1.7M | 10x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | 0.0000% | 1h | 741.37 | +0.017% | $424K | $156K | 20x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 741.93 | +0.092% | $250K | $41K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 742.04 | +0.107% | $359K | $1.6M | 10x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0016% | 1h | 741.15 | −0.013% | $1.2M | $486K | 20x | as long as short |
| Binance QQQUSDT | +0.0025% | 8h | 741.70 | +0.061% | $70.3M | $140.6M | 25x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 741.48 | +0.032% | $7.7M | $15.4M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 741.84 | +0.080% | $37.4M | $81.4M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 740.86 | −0.052% | $647K | $1.7M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 742.61 | +0.184% | — | $337K | 50x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 741.28 | +0.005% | $3.4M | $355K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 741.13 | −0.016% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 741.46 | +0.029% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERPshort | +0.0104% | 1h | 740.97 | −0.037% | $92K | $1K | 10x | |
| Nado QQQ-PERPlong | +0.0140% | 1h | 741.25 | long leg | $1.6M | $744K | 20x | |
| GRVT QQQ_USDT_Perp | +0.0144% | 8h | 741.77 | +0.071% | $314K | $2.0M | 10x | as long as short |
| Phoenix QQQ | +0.0227% | 1h | 741.17 | −0.010% | $38K | $65K | 20x | as long as short |
| edgeX QQQUSDC | +0.0942% | 4h | 741.62 | +0.050% | $758K | $335K | 20x | as long as short |
SunX QQQ-USDT
Deribit QQQ_USDC-PERPETUAL
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
GRVT QQQ_USDT_Perp
Phoenix QQQ
edgeX QQQUSDC