Settings8H · net · $10k
Funding arb · Price arb /

QQQ

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Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0556%/8h= +60.9% APRpaid last 24h +0.024%
Price spread now: edgeX against Nado−0.037%62s7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$270.272% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.269%−$27 on $10k
Price spread, last 4 days (all we have)+0.063%+$6 · spread now −0.037%, 7d avg +0.009%
Together, before fees−0.207%+ Points / potential airdropNado: Active · edgeX: Active · farm board−$21 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.046% cheaper against Nado than usual: you would sell low and buy high (spread −0.037% now, against its 7-day average of +0.009%). If the spread goes back, that is −$5 on $10k: about 7 hours of funding at the current rate (+$17 a day). Mind the row above: over the last 3 days funding on this pair cost −0.269%, so the current rate has only just turned in your favour. The two prices were read 62 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado QQQ-PERP743.500.0093pay 0.0012% / 1h45m 40s$1.5M$780K20x
ShortedgeX QQQUSDC743.230.0649get 0.0325% / 4h3h 45m$760K$335K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Nado. 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

Funding earned
$116.76
Price spread: −0.037% → +0.009%
−$4.61
Slippage, 4 orders
−$11.22
Fee Nado: 3.5 bp × 2 orders
−$7
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$84.94
Costs to cover
0.272%
Break-even
1.9 days
Slippage from Nado: live order book, 3 min ago; edgeX: live order book, 8 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Nado live order book, 3 min ago0.07 bp5.3 bp −$58.5 bp −$85doesn't fitdoesn't fit
Sell edgeX live order book, 8 min ago4.10 bp8.7 bp −$99.7 bp −$97doesn't fitdoesn't fit

QQQ on 28 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX QQQ/USD [ETH-USDC]L −0.0132% / S +0.0230%1h743.79+0.039%$25K26xas long as short
Ondo Perps QQQ-USD.P−0.0032%1h742.52−0.132%$4.2M$1.8M20xas long as short
BloFin QQQ-USDT−0.0007%8h743.60+0.013%$1.1M$256K20xas long as short
Aster QQQUSDT0.0000%8h743.80+0.040%$841K$714K20xas long as short
Bybit QQQUSDT0.0000%8h743.64+0.019%$10.7M$5.0M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h743.500.000%$21.5M$26.9M50xas long as short
Gate QQQ_USDT0.0000%8h743.23−0.037%$3.3M$20.7M50xas long as short
Bitget QQQUSDT0.0000%8h743.92+0.056%$16.9M$5.5M20xas long as short
Variational Omni QQQ0.0000%8h743.66+0.022%$17.1M$7.4Mas long as short
SunX QQQ-USDT0.0000%8h744.25+0.101%$2K$1.9M10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International QQQ-PERP-INTX0.0000%1h742.64−0.116%$1.2M$536K20xas long as short
HTX QQQ-USDT0.0000%8h743.53+0.004%$257K$29K30xas long as short
Phemex QQQUSDT0.0000%8h744.08+0.078%$360K$1.6M10xas long as short
RISEx QQQ/USDC+0.0010%1h743.77+0.035%$5.4M$7.3M25xas long as short
Binance QQQUSDT+0.0010%8h743.63+0.018%$70.9M$141.3M25xas long as short
Lighter QQQ+0.0032%1h743.52+0.002%$7.7M$15.8M30xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0032%1h743.63+0.017%$425K$150K20xas long as short
Lighter RH QQQ+0.0040%1h744.00+0.067%$37.0M$78.3M50xas long as short
Arcus QQQ-USD+0.0040%1h742.94−0.076%$704K$1.6M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h744.77+0.171%$337K50xas long as short
GRVT QQQ_USDT_Perp+0.0079%8h743.34−0.022%$326K$1.9M10xas long as short
Nado QQQ-PERPlong+0.0093%1h743.50long leg$1.5M$780K20x
KuCoin QQQUSDTM+0.0100%8h743.34−0.022%$3.4M$343K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h742.82−0.092%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h743.58+0.011%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h743.04−0.063%$92K$1K10xas long as short
Phoenix QQQ+0.0118%1h743.09−0.055%$38K$66K20xas long as short
edgeX QQQUSDCshort+0.0649%4h743.23−0.037%$760K$335K20x