Funding you earn now, next payment 03:00 UTC−0.0116%/8h= −12.7% APRnext payment −$0.14 per $10,000 · paid last 24h +0.012%
Price spread now: RISEx against Nado+0.064%7-day average +0.033% · 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−$13as in the Price arb table
costs, in and out, $10k−$160.161% of the position
Funding, last 3 days (all we have)+0.152%+$15 on $10k
+Price spread, last 7 days−0.051%−$5 · spread now +0.064%, 7d avg +0.033%
=Together, before fees+0.101%+ Points / potential airdropNado: Active · farm board+$10 on $10k · with fees, hour by hour
The price spread pays, funding is against you. RISEx is 0.030% dearer against Nado than usual: you sell high and buy low (spread +0.064% now, against its 7-day average of +0.033%): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 21 hours. Mind the row above: over the last 3 days funding on this pair paid +0.152%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado QQQ-PERP | 743.99 | 0.0116 | pay 0.0014% / 1h | 51m 59s | $1.5M | $923K | 20x |
| Short | RISEx QQQ/USDC | 744.46 | 0 | get 0.0000% / 1h | 51m 59s | $5.4M | $7.7M | 25x |
Nado QQQ-PERP
RISEx QQQ/USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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
- −$24.33
- Price spread: +0.064% → +0.033%
- $3.04
- Slippage, 4 orders
- −$3.09
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- −$37.38
- Costs to cover
- 0.161%
- Break-even
- never at this rate
Slippage from Nado: live order book, 2 min ago; RISEx: live order book, 2 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, 2 min ago | 0.07 bp | 4.9 bp −$5 | 8.3 bp −$83 | doesn't fit | doesn't fit |
| Sell RISEx live order book, 2 min ago | 0.07 bp | 3.2 bp −$3 | 3.8 bp −$38 | doesn't fit | doesn't fit |
QQQ on 27 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] | L −0.0106% / S +0.0209% | 1h | 744.35 | +0.048% | $25K | — | 26x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 744.38 | +0.053% | $841K | $713K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 744.41 | +0.057% | $10.7M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 744.32 | +0.045% | $21.7M | $26.3M | 50x | as long as short |
| RISEx QQQ/USDCshort | 0.0000% | 1h | 744.46 | +0.064% | $5.4M | $7.7M | 25x | |
| Gate QQQ_USDT | 0.0000% | 8h | 743.99 | +0.001% | $3.3M | $20.4M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 744.46 | +0.064% | $16.9M | $5.8M | 20x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 744.87 | +0.119% | $2K | $2.0M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 744.68 | +0.093% | $257K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 744.77 | +0.105% | $360K | $1.4M | 10x | as long as short |
GMX QQQ/USD [ETH-USDC]
Aster QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
Bitget QQQUSDT
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps QQQ-USD.P | +0.0010% | 1h | 743.51 | −0.064% | $4.2M | $1.9M | 20x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 744.12 | +0.018% | $7.7M | $17.1M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 744.53 | +0.073% | $37.3M | $78.4M | 50x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0032% | 1h | 743.88 | −0.014% | $1.2M | $532K | 20x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 743.49 | −0.067% | $705K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 745.33 | +0.181% | — | $337K | 50x | as long as short |
| Variational Omni QQQ | +0.0052% | 8h | 744.38 | +0.053% | $17.1M | $7.5M | — | as long as short |
| Binance QQQUSDT | +0.0075% | 8h | 744.37 | +0.052% | $71.2M | $144.5M | 25x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 744.06 | +0.010% | $3.4M | $414K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 744.08 | +0.013% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 744.06 | +0.010% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 743.61 | −0.051% | $93K | $1K | 10x | as long as short |
| Nado QQQ-PERPlong | +0.0116% | 1h | 743.99 | long leg | $1.5M | $923K | 20x | |
| Phoenix QQQ | +0.0161% | 1h | 744.04 | +0.007% | $38K | $66K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0172% | 8h | 744.62 | +0.085% | $322K | $1.9M | 10x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0180% | 1h | 744.15 | +0.022% | $425K | $149K | 20x | as long as short |
| edgeX QQQUSDC | +0.0521% | 4h | 744.38 | +0.053% | $761K | $334K | 20x | as long as short |
Ondo Perps QQQ-USD.P
Lighter QQQ
Lighter RH QQQ
Coinbase International QQQ-PERP-INTX
Arcus QQQ-USD
Vest QQQ-USD-PERP
Variational Omni QQQ
Binance QQQUSDT
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Phoenix QQQ
GRVT QQQ_USDT_Perp
Deribit QQQ_USDC-PERPETUAL
edgeX QQQUSDC