Funding you earn now, next payment 12:00 UTC−0.0139%/8h= −15.3% APRpaid last 24h −0.024%
Price spread now: BloFin against Nado+0.020%7-day average +0.018% · 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−$25as in the Price arb table
costs, in and out, $10k−$250.247% of the position
Funding, last 4 days (all we have)−0.081%−$8 on $10k
+Price spread, last 4 days (all we have)+0.054%+$5 · spread now +0.020%, 7d avg +0.018%
=Together, before fees−0.027%+ Points / potential airdropNado: Active · farm board−$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.018%, so right now this pair is about funding alone: −$4 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 | 741.87 | 0.0113 | pay 0.0014% / 1h | 47m 12s | $1.6M | $780K | 20x |
| Short | BloFin QQQ-USDT | 742.02 | −0.0026 | pay 0.0026% / 8h | 4h 47m | $1.1M | $242K | 20x |
Nado QQQ-PERP
BloFin QQQ-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$29.27
- Price spread: +0.020% → +0.018%
- $0.15
- Slippage, 4 orders
- −$5.69
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$53.81
- Costs to cover
- 0.247%
- Break-even
- never at this rate
Slippage from Nado: live order book, 4 min ago; BloFin: live order book, 3 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, 4 min ago | 0.14 bp | 5.1 bp −$5 | 14.3 bp −$143 | 60.2 bp −$6,023 | doesn't fit |
| Sell BloFin live order book, 3 min ago | 0.07 bp | 6.1 bp −$6 | 7.4 bp −$74 | 11.3 bp −$1,128 | doesn't fit |
QQQ on 28 exchanges
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 −0.0203% / S +0.0285% | 1h | 742.33 | +0.061% | $25K | — | 26x | as long as short |
| BloFin QQQ-USDTshort | −0.0026% | 8h | 742.02 | +0.020% | $1.1M | $242K | 20x | |
| Ondo Perps QQQ-USD.P | −0.0010% | 1h | 740.64 | −0.166% | $4.2M | $1.8M | 20x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 741.68 | −0.026% | $22.1M | $31.0M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 742.20 | +0.043% | $5.5M | $5.7M | 25x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 741.92 | +0.006% | $3.6M | $19.8M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 742.12 | +0.033% | $17.0M | $6.0M | 20x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 742.79 | +0.123% | $2K | $1.5M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 742.47 | +0.080% | $247K | $45K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 742.46 | +0.079% | $358K | $1.7M | 10x | as long as short |
GMX QQQ/USD [ETH-USDC]
Ondo Perps QQQ-USD.P
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Gate QQQ_USDT
Bitget QQQUSDT
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDTShow all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus QQQ-USD | +0.0004% | 1h | 741.34 | −0.072% | $654K | $1.4M | 25x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0006% | 1h | 741.84 | −0.005% | $398K | $103K | 20x | as long as short |
| Aster QQQUSDT | +0.0008% | 8h | 742.16 | +0.039% | $855K | $915K | 20x | as long as short |
| Bybit QQQUSDT | +0.0017% | 8h | 742.06 | +0.025% | $10.9M | $5.1M | 50x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 741.52 | −0.048% | $7.2M | $16.4M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 742.31 | +0.059% | $38.8M | $76.1M | 50x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 743.31 | +0.194% | — | $337K | 50x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0048% | 1h | 741.86 | −0.002% | $1.2M | $585K | 20x | as long as short |
| Variational Omni QQQ | +0.0078% | 8h | 742.62 | +0.100% | $16.9M | $6.9M | — | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 741.80 | −0.010% | $3.4M | $510K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 741.49 | −0.052% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 741.99 | +0.016% | $12K | $21K | 20x | as long as short |
| Binance QQQUSDT | +0.0100% | 8h | 742.27 | +0.053% | $72.4M | $148.5M | 25x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 741.51 | −0.050% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERPlong | +0.0113% | 1h | 741.87 | long leg | $1.6M | $780K | 20x | |
| edgeX QQQUSDC | +0.0187% | 4h | 741.91 | +0.004% | $759K | $336K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0257% | 8h | 742.12 | +0.034% | $322K | $2.1M | 10x | as long as short |
| Phoenix QQQ | +0.0409% | 1h | 741.53 | −0.046% | $38K | $59K | 20x | as long as short |
Arcus QQQ-USD
Deribit QQQ_USDC-PERPETUAL
Aster QQQUSDT
Bybit QQQUSDT
Lighter QQQ
Lighter RH QQQ
Vest QQQ-USD-PERP
Coinbase International QQQ-PERP-INTX
Variational Omni QQQ
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Binance QQQUSDT
Aevo QQQ-PERP
edgeX QQQUSDC
GRVT QQQ_USDT_Perp
Phoenix QQQ