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

QQQ

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.012%
Price spread now: KuCoin against Nado−0.003%7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$330.329% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.062%+$6 on $10k
Price spread, last 7 days−0.072%−$7 · spread now −0.003%, 7d avg −0.030%
Together, before fees−0.009%+ Points / potential airdropNado: Active · farm board−$1 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.026% dearer against Nado than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.030%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado QQQ-PERP744.140.0096pay 0.0012% / 1h35m 51s$1.5M$876K20x
ShortKuCoin QQQUSDTM744.110.0100get 0.0100% / 8h4h 35m$3.4M$389K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$0.83
Price spread: −0.003% → −0.030%
$2.63
Slippage, 4 orders
−$13.88
Fee Nado: 3.5 bp × 2 orders
−$7
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$29.41
Costs to cover
0.329%
Break-even
253.7 days
Slippage from Nado: live order book, 3 min ago; KuCoin: live order book, 7 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 ago0.13 bp5.1 bp −$58.4 bp −$84doesn't fitdoesn't fit
Sell KuCoin live order book, 7 min ago2.15 bp14.6 bp −$15112.5 bp −$1,125doesn'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
Ondo Perps QQQ-USD.P−0.0141%1h742.94−0.161%$4.2M$1.8M20xas long as short
GMX QQQ/USD [ETH-USDC]L −0.0122% / S +0.0222%1h744.51+0.051%$25K26xas long as short
BloFin QQQ-USDT−0.0021%8h744.29+0.021%$1.1M$271K20xas long as short
Aster QQQUSDT0.0000%8h744.49+0.048%$841K$714K20xas long as short
Bybit QQQUSDT0.0000%8h744.41+0.037%$10.7M$5.0M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h744.29+0.021%$21.5M$26.9M50xas long as short
RISEx QQQ/USDC0.0000%1h744.54+0.054%$5.4M$7.5M25xas long as short
Gate QQQ_USDT0.0000%8h743.87−0.036%$3.3M$20.8M50xas long as short
Bitget QQQUSDT0.0000%8h744.62+0.065%$16.9M$5.7M20xas long as short
SunX QQQ-USDT0.0000%8h744.94+0.108%$2K$1.9M10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX QQQ-USDT0.0000%8h744.70+0.076%$257K$29K30xas long as short
Phemex QQQUSDT0.0000%8h744.74+0.081%$361K$1.5M10xas long as short
Variational Omni QQQ+0.0002%8h744.38+0.033%$17.1M$7.5Mas long as short
Coinbase International QQQ-PERP-INTX+0.0008%1h743.96−0.024%$1.2M$536K20xas long as short
Lighter QQQ+0.0032%1h744.31+0.023%$7.7M$16.3M30xas long as short
Arcus QQQ-USD+0.0040%1h743.75−0.052%$700K$1.6M25xas long as short
Binance QQQUSDT+0.0041%8h744.51+0.050%$71.1M$141.8M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h745.48+0.181%$337K50xas long as short
Lighter RH QQQ+0.0048%1h744.76+0.084%$36.9M$78.9M50xas long as short
Nado QQQ-PERPlong+0.0096%1h744.14long leg$1.5M$876K20x
KuCoin QQQUSDTMshort+0.0100%8h744.11−0.003%$3.4M$389K20x
ApeX Omni QQQUSDT+0.0100%1h744.14+0.001%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h744.18+0.006%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h743.64−0.066%$93K$1K10xas long as short
GRVT QQQ_USDT_Perp+0.0114%8h744.62+0.065%$319K$1.9M10xas long as short
Phoenix QQQ+0.0129%1h744.01−0.017%$38K$66K20xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0261%1h744.44+0.041%$425K$149K20xas long as short
edgeX QQQUSDC+0.0636%4h744.35+0.029%$761K$334K20xas long as short