QQQ

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0371%/8h= −40.6% APRnext payment −$0.46 per $10,000 · paid last 24h −0.068%

Price spread now: GMX against Nado+0.064%7-day average — · you sell dearer than you buy

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

Long on Nado Short on GMX

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

The price spread pays, funding is against you. GMX is 0.064% dearer against Nado than usual: you sell high and buy low (spread +0.064% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 14 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado QQQ-PERP	742.48	0.0124	pay 0.0015% / 1h	1m 20s	$1.5M	$748K	20x
Short	GMX QQQ/USD [ETH-USDC]	742.96	L −0.0154% / S +0.0247%	pay 0.0031% / 1h	1m 20s	$25K	—	26x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX 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

Position, each leg$Hold fordaysFee NadobpFee GMXbpOrdersPrice spread, now +0.064%Rate

Funding earned: −$77.82
Price spread: +0.064% → 0.000%: $6.41
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee GMX: 6 bp × 2 orders: −$12
Net: −$90.41
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: Nado: live order book, 2 min ago; GMX: 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, 2 min ago	0.07 bp	5.6 bp −$6	9.2 bp −$92	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

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]short	L −0.0154% / S +0.0247%	1h	742.96	+0.064%	$25K	—	26x
BloFin QQQ-USDT	−0.0010%	8h	742.76	+0.038%	$1.1M	$278K	20x	as long as short
Ondo Perps QQQ-USD.P	−0.0009%	1h	741.72	−0.102%	$4.2M	$1.8M	20x	as long as short
Aster QQQUSDT	0.0000%	8h	742.51	+0.004%	$823K	$857K	20x	as long as short
Binance QQQUSDT	0.0000%	8h	742.96	+0.065%	$70.2M	$145.2M	25x	as long as short
Bybit QQQUSDT	0.0000%	8h	743.00	+0.070%	$10.6M	$5.2M	50x	as long as short
OKX QQQ-USDT-SWAP	0.0000%	8h	742.75	+0.036%	$21.5M	$28.3M	50x	as long as short
RISEx QQQ/USDC	0.0000%	1h	742.79	+0.042%	$5.4M	$6.5M	25x	as long as short
Gate QQQ_USDT	0.0000%	8h	742.21	−0.036%	$3.3M	$21.4M	50x	as long as short
Bitget QQQUSDT	0.0000%	8h	743.00	+0.070%	$16.6M	$5.6M	20x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni QQQ	0.0000%	8h	742.98	+0.068%	$16.9M	$7.3M	—	as long as short
SunX QQQ-USDT	0.0000%	8h	743.45	+0.131%	$2K	$1.8M	10x	as long as short
Coinbase International QQQ-PERP-INTX	0.0000%	1h	742.63	+0.020%	$1.2M	$542K	20x	as long as short
HTX QQQ-USDT	0.0000%	8h	743.32	+0.113%	$251K	$41K	30x	as long as short
Phemex QQQUSDT	0.0000%	8h	743.13	+0.088%	$364K	$1.6M	10x	as long as short
Lighter QQQ	+0.0032%	1h	742.73	+0.034%	$7.6M	$15.8M	30x	as long as short
Lighter RH QQQ	+0.0032%	1h	743.11	+0.085%	$36.9M	$81.1M	50x	as long as short
Arcus QQQ-USD	+0.0040%	1h	742.04	−0.059%	$688K	$1.6M	25x	as long as short
Vest QQQ-USD-PERP	+0.0046%	1h	743.79	+0.177%	—	$337K	50x	as long as short
GRVT QQQ_USDT_Perp	+0.0097%	8h	743.13	+0.088%	$322K	$2.0M	10x	as long as short
KuCoin QQQUSDTM	+0.0100%	8h	742.54	+0.008%	$3.4M	$365K	20x	as long as short
ApeX Omni QQQUSDT	+0.0100%	1h	742.58	+0.014%	$20K	$2.2M	50x	as long as short
Orderly PERP_QQQ_USDC_mythos	+0.0100%	8h	742.58	+0.014%	$12K	$21K	20x	as long as short
edgeX QQQUSDC	+0.0104%	4h	742.82	+0.046%	$759K	$336K	20x	as long as short
Aevo QQQ-PERP	+0.0104%	1h	742.11	−0.050%	$92K	$1K	10x	as long as short
Nado QQQ-PERPlong	+0.0124%	1h	742.48	long leg	$1.5M	$748K	20x
Phoenix QQQ	+0.0129%	1h	742.61	+0.018%	$38K	$66K	20x	as long as short
Deribit QQQ_USDC-PERPETUAL	+0.0208%	1h	742.61	+0.018%	$424K	$153K	20x	as long as short