Funding you earn now, next payment 01:00 UTC−0.0112%/8h= −12.3% APRpaid last 24h −0.046%
Price spread now: SunX against Nado+0.118%7-day average +0.073% · 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−$69as in the Price arb table
costs, in and out, $10k−$740.736% of the position
Funding, last 3 days (all we have)−0.032%−$3 on $10k
+Price spread, last 3 days (all we have)−0.022%−$2 · spread now +0.118%, 7d avg +0.073%
=Together, before fees−0.053%+ Points / potential airdropNado: Active · farm board−$5 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.045% dearer against Nado than usual: you sell high and buy low (spread +0.118% now, against its 7-day average of +0.073%): +$5 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 32 hours. At the pace of the last 3 days (−0.032% in total) that is about 4.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado QQQ-PERP | 743.55 | 0.0112 | pay 0.0014% / 1h | 52m 40s | $1.5M | $1.2M | 20x |
| Short | SunX QQQ-USDT | 744.43 | 0 | get 0.0000% / 8h | 7h 52m | $2K | $2.3M | 10x |
Nado QQQ-PERP
SunX QQQ-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$23.59
- Price spread: +0.118% → +0.073%
- $4.52
- Slippage, 4 orders
- −$58.63
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$92.69
- Costs to cover
- 0.736%
- Break-even
- never at this rate
Slippage from Nado: live order book, 1 min ago; SunX: live order book, 4 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, 1 min ago | 0.07 bp | 4.8 bp −$5 | 8.2 bp −$82 | doesn't fit | doesn't fit |
| Sell SunX live order book, 4 min ago | 21.63 bp | 38.1 bp −$38 | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps QQQ-USD.P | −0.0358% | 1h | 742.38 | −0.158% | $4.2M | $2.0M | 20x | as long as short |
| GMX QQQ/USD [ETH-USDC] | L −0.0081% / S +0.0190% | 1h | 743.97 | +0.055% | $25K | — | 26x | as long as short |
| BloFin QQQ-USDT | −0.0022% | 8h | 743.81 | +0.035% | $1.0M | $318K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 743.54 | −0.002% | $841K | $757K | 20x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 743.81 | +0.035% | $21.5M | $25.4M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 743.55 | 0.000% | $3.1M | $26.2M | 50x | as long as short |
| SunX QQQ-USDTshort | 0.0000% | 8h | 744.43 | +0.118% | $2K | $2.3M | 10x | |
| HTX QQQ-USDT | 0.0000% | 8h | 743.14 | −0.055% | $257K | $28K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 744.36 | +0.109% | $362K | $1.4M | 10x | as long as short |
| Bybit QQQUSDT | +0.0018% | 8h | 744.04 | +0.066% | $10.7M | $4.8M | 50x | as long as short |
Ondo Perps QQQ-USD.P
GMX QQQ/USD [ETH-USDC]
BloFin QQQ-USDT
Aster QQQUSDT
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
HTX QQQ-USDT
Phemex QQQUSDT
Bybit QQQUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter QQQ | +0.0032% | 1h | 743.77 | +0.029% | $7.6M | $18.1M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 744.08 | +0.071% | $37.4M | $78.6M | 50x | as long as short |
| Variational Omni QQQ | +0.0040% | 8h | 743.83 | +0.038% | $17.1M | $10.8M | — | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 743.08 | −0.064% | $746K | $1.5M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 744.49 | +0.126% | — | $388K | 50x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0064% | 1h | 743.51 | −0.006% | $1.2M | $624K | 20x | as long as short |
| Binance QQQUSDT | +0.0068% | 8h | 743.96 | +0.055% | $71.0M | $155.8M | 25x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 743.57 | +0.002% | $3.4M | $413K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 743.44 | −0.015% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 743.64 | +0.012% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 743.28 | −0.037% | $93K | $1K | 10x | as long as short |
| Nado QQQ-PERPlong | +0.0112% | 1h | 743.55 | long leg | $1.5M | $1.2M | 20x | |
| GRVT QQQ_USDT_Perp | +0.0116% | 8h | 743.95 | +0.053% | $316K | $1.8M | 10x | as long as short |
| Bitget QQQUSDT | +0.0171% | 8h | 744.00 | +0.060% | $16.9M | $6.6M | 20x | as long as short |
| RISEx QQQ/USDC | +0.0208% | 1h | 743.94 | +0.052% | $5.6M | $9.0M | 25x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0221% | 1h | 743.75 | +0.027% | $425K | $147K | 20x | as long as short |
| Phoenix QQQ | +0.0258% | 1h | 743.43 | −0.016% | $38K | $66K | 20x | as long as short |
| edgeX QQQUSDC | +0.0662% | 4h | 743.73 | +0.024% | $760K | $335K | 20x | as long as short |
Lighter QQQ
Lighter RH QQQ
Variational Omni QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
Coinbase International QQQ-PERP-INTX
Binance QQQUSDT
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
GRVT QQQ_USDT_Perp
Bitget QQQUSDT
RISEx QQQ/USDC
Deribit QQQ_USDC-PERPETUAL
Phoenix QQQ
edgeX QQQUSDC