Funding you earn now, next payment 04:00 UTC−0.0062%/8h= −6.8% APRpaid last 24h −0.016%
Price spread now: Binance against Nado+0.031%7-day average +0.028% · 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−$19as in the Price arb table
costs, in and out, $10k−$200.197% of the position
Funding, last 3 days (all we have)−0.106%−$11 on $10k
+Price spread, last 7 days−0.004%$0 · spread now +0.031%, 7d avg +0.028%
=Together, before fees−0.110%+ Points / potential airdropNado: Active · farm board−$11 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.028%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado QQQ-PERP | 744.12 | 0.0091 | pay 0.0011% / 1h | 18m 01s | $1.5M | $869K | 20x |
| Short | Binance QQQUSDT | 744.35 | 0.0029 | get 0.0029% / 8h | 4h 18m | $71.0M | $141.4M | 25x |
Nado QQQ-PERP
Binance QQQUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- −$13.02
- Price spread: +0.031% → +0.028%
- $0.31
- Slippage, 4 orders
- −$2.72
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$32.43
- Costs to cover
- 0.197%
- Break-even
- never at this rate
Slippage from Nado: live order book, 1 min ago; Binance: live order book, 10 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 Nado live order book, 1 min ago | 0.07 bp | 4.8 bp −$5 | 8.3 bp −$83 | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 0.07 bp | 5.1 bp −$5 | 5.1 bp −$51 | 9.5 bp −$953 | 25.4 bp −$12.7K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps QQQ-USD.P | −0.0150% | 1h | 743.39 | −0.098% | $4.2M | $1.8M | 20x | as long as short |
| GMX QQQ/USD [ETH-USDC] | L −0.0125% / S +0.0225% | 1h | 744.36 | +0.032% | $25K | — | 26x | as long as short |
| BloFin QQQ-USDT | −0.0015% | 8h | 744.22 | +0.014% | $1.1M | $261K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 744.32 | +0.027% | $841K | $714K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 744.41 | +0.039% | $10.7M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 744.16 | +0.006% | $21.5M | $26.9M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 744.46 | +0.046% | $5.4M | $7.4M | 25x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 743.84 | −0.037% | $3.3M | $20.8M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 744.55 | +0.058% | $16.9M | $5.7M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 744.50 | +0.051% | $17.1M | $7.4M | — | as long as short |
Ondo Perps QQQ-USD.P
GMX QQQ/USD [ETH-USDC]
BloFin QQQ-USDT
Aster QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Gate QQQ_USDT
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 | 744.80 | +0.092% | $1K | $1.9M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 744.93 | +0.109% | $257K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 744.68 | +0.076% | $360K | $1.5M | 10x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0008% | 1h | 743.80 | −0.043% | $1.2M | $537K | 20x | as long as short |
| Binance QQQUSDTshort | +0.0029% | 8h | 744.35 | +0.031% | $71.0M | $141.4M | 25x | |
| Lighter QQQ | +0.0032% | 1h | 744.24 | +0.017% | $7.7M | $16.4M | 30x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0032% | 1h | 744.10 | −0.002% | $425K | $150K | 20x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 743.83 | −0.039% | $698K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 745.38 | +0.170% | — | $337K | 50x | as long as short |
| Lighter RH QQQ | +0.0048% | 1h | 744.68 | +0.076% | $37.0M | $79.6M | 50x | as long as short |
| Nado QQQ-PERPlong | +0.0091% | 1h | 744.12 | long leg | $1.5M | $869K | 20x | |
| GRVT QQQ_USDT_Perp | +0.0099% | 8h | 744.70 | +0.078% | $324K | $1.9M | 10x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 744.08 | −0.005% | $3.4M | $362K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 744.25 | +0.018% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 744.10 | −0.002% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 743.57 | −0.074% | $93K | $1K | 10x | as long as short |
| Phoenix QQQ | +0.0129% | 1h | 744.15 | +0.004% | $38K | $66K | 20x | as long as short |
| edgeX QQQUSDC | +0.0230% | 4h | 744.39 | +0.037% | $761K | $334K | 20x | as long as short |
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDT
Coinbase International QQQ-PERP-INTX
Lighter QQQ
Deribit QQQ_USDC-PERPETUAL
Arcus QQQ-USD
Vest QQQ-USD-PERP
Lighter RH QQQ
GRVT QQQ_USDT_Perp
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Phoenix QQQ
edgeX QQQUSDC