Funding you earn now, next payment 11:00 UTC−0.0024%/8h= −2.7% APRpaid last 24h −0.009%
Price spread now: Orderly against Nado+0.035%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Orderly is 0.035% dearer against Nado than usual: you sell high and buy low (spread +0.035% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado QQQ-PERP | 742.72 | 0.0124 | pay 0.0016% / 1h | 5m 43s | $1.6M | $773K | 20x |
| Short | Orderly PERP_QQQ_USDC_mythos | 742.98 | 0.0100 | get 0.0100% / 8h | 5h 05m | $12K | $21K | 20x |
Nado QQQ-PERP
Orderly PERP_QQQ_USDC_mythosFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$5.11
- Price spread: +0.035% → 0.000%
- $3.46
- Slippage, 4 orders
- no order book: not counted
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$14.65
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Nado: live order book, 1 min ago; Orderly: 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, 1 min ago | 0.20 bp | 6.4 bp −$6 | 15.7 bp −$157 | 60.3 bp −$6,027 | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 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 | 743.39 | +0.091% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0134% | 1h | 741.57 | −0.155% | $4.2M | $1.8M | 20x | as long as short |
| BloFin QQQ-USDT | −0.0015% | 8h | 743.09 | +0.049% | $1.1M | $241K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 743.34 | +0.083% | $857K | $903K | 20x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 743.10 | +0.051% | $22.1M | $30.8M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 743.02 | +0.040% | $5.5M | $5.7M | 25x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 742.71 | −0.002% | $3.5M | $20.0M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 743.46 | +0.099% | $17.1M | $5.9M | 20x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 743.77 | +0.141% | $2K | $1.5M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 743.62 | +0.121% | $247K | $45K | 30x | as long as short |
GMX QQQ/USD [ETH-USDC]
Ondo Perps QQQ-USD.P
BloFin QQQ-USDT
Aster QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Gate QQQ_USDT
Bitget QQQUSDT
SunX QQQ-USDT
HTX QQQ-USDTShow all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex QQQUSDT | 0.0000% | 8h | 743.60 | +0.118% | $360K | $1.7M | 10x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 742.65 | −0.010% | $7.3M | $16.6M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 743.37 | +0.087% | $38.9M | $78.4M | 50x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0032% | 1h | 742.62 | −0.014% | $1.2M | $541K | 20x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 742.15 | −0.077% | $659K | $1.4M | 25x | as long as short |
| Bybit QQQUSDT | +0.0041% | 8h | 743.19 | +0.063% | $10.6M | $4.9M | 50x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 744.11 | +0.187% | — | $337K | 50x | as long as short |
| Variational Omni QQQ | +0.0073% | 8h | 743.14 | +0.056% | $16.9M | $7.0M | — | as long as short |
| Binance QQQUSDT | +0.0093% | 8h | 743.32 | +0.080% | $72.3M | $146.4M | 25x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 742.82 | +0.013% | $3.4M | $497K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 742.77 | +0.006% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythosshort | +0.0100% | 8h | 742.98 | +0.035% | $12K | $21K | 20x | |
| Aevo QQQ-PERP | +0.0104% | 1h | 742.50 | −0.030% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERPlong | +0.0124% | 1h | 742.72 | long leg | $1.6M | $773K | 20x | |
| Deribit QQQ_USDC-PERPETUAL | +0.0141% | 1h | 742.91 | +0.025% | $399K | $103K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0253% | 8h | 743.41 | +0.093% | $318K | $2.1M | 10x | as long as short |
| Phoenix QQQ | +0.0302% | 1h | 742.91 | +0.025% | $38K | $59K | 20x | as long as short |
| edgeX QQQUSDC | +0.0571% | 4h | 743.08 | +0.048% | $760K | $335K | 20x | as long as short |
Phemex QQQUSDT
Lighter QQQ
Lighter RH QQQ
Coinbase International QQQ-PERP-INTX
Arcus QQQ-USD
Bybit QQQUSDT
Vest QQQ-USD-PERP
Variational Omni QQQ
Binance QQQUSDT
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Aevo QQQ-PERP
Deribit QQQ_USDC-PERPETUAL
GRVT QQQ_USDT_Perp
Phoenix QQQ
edgeX QQQUSDC