Funding you earn now, next payment 00:00 UTC−0.0126%/8h= −13.8% APRnext payment −$0.16 per $10,000 · paid last 24h −0.032%
Price spread now: Vest against Nado+0.129%7-day average +0.162% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.012%+$1 on $10k
+Price spread, last 3 days (all we have)−0.093%−$9 · spread now +0.129%, 7d avg +0.162%
=Together, before fees−0.081%+ Points / potential airdropNado: Active · Vest: Active · farm board−$8 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Vest is 0.033% cheaper against Nado than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.162%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado QQQ-PERP | 743.08 | 0.0172 | pay 0.0022% / 1h | 14m 55s | $1.5M | $1.3M | 20x |
| Short | Vest QQQ-USD-PERP | 744.04 | 0.0046 | get 0.0006% / 1h | 14m 55s | — | $621K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Vest 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
- −$26.53
- Price spread: +0.129% → +0.162%
- −$3.33
- Slippage, 4 orders
- no order book: not counted
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$38.86
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: Nado: live order book, 4 min ago; Vest: 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, 4 min ago | 0.07 bp | 5.4 bp −$5 | 8.4 bp −$84 | 52.3 bp −$5,232 | doesn't fit |
| Sell Vest no order-book sample | — | — | — | — | — |
Vest: 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] | L −0.0076% / S +0.0186% | 1h | 743.58 | +0.066% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0038% | 1h | 741.70 | −0.186% | $4.2M | $2.1M | 20x | as long as short |
| BloFin QQQ-USDT | −0.0011% | 8h | 743.09 | +0.001% | $1.1M | $320K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 743.36 | +0.037% | $845K | $783K | 20x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 743.39 | +0.041% | $21.6M | $27.6M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 743.23 | +0.020% | $3.1M | $32.8M | 50x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 744.01 | +0.125% | $2K | $2.3M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 743.15 | +0.009% | $257K | $25K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 743.91 | +0.111% | $363K | $1.4M | 10x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 743.70 | +0.083% | $37.5M | $80.6M | 50x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus QQQ-USD | +0.0040% | 1h | 742.88 | −0.027% | $747K | $1.5M | 25x | as long as short |
| Vest QQQ-USD-PERPshort | +0.0046% | 1h | 744.04 | +0.129% | — | $621K | 50x | |
| Variational Omni QQQ | +0.0046% | 8h | 743.47 | +0.052% | $17.6M | $10.3M | — | as long as short |
| Lighter QQQ | +0.0064% | 1h | 743.41 | +0.044% | $7.6M | $20.9M | 30x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0072% | 1h | 742.85 | −0.031% | $1.2M | $865K | 20x | as long as short |
| Binance QQQUSDT | +0.0075% | 8h | 743.56 | +0.065% | $71.1M | $160.5M | 25x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 743.06 | −0.003% | $3.4M | $415K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 743.10 | +0.002% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 743.23 | +0.020% | $12K | $21K | 20x | as long as short |
| Bybit QQQUSDT | +0.0101% | 8h | 743.63 | +0.074% | $10.7M | $5.2M | 50x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 742.84 | −0.033% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERPlong | +0.0172% | 1h | 743.08 | long leg | $1.5M | $1.3M | 20x | |
| Bitget QQQUSDT | +0.0181% | 8h | 743.61 | +0.071% | $16.9M | $7.0M | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0191% | 8h | 743.70 | +0.083% | $323K | $1.8M | 10x | as long as short |
| RISEx QQQ/USDC | +0.0193% | 1h | 743.66 | +0.077% | $5.4M | $8.9M | 25x | as long as short |
| Phoenix QQQ | +0.0194% | 1h | 743.10 | +0.002% | $38K | $73K | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0248% | 1h | 743.40 | +0.043% | $425K | $164K | 20x | as long as short |
| edgeX QQQUSDC | +0.0915% | 4h | 743.51 | +0.057% | $760K | $337K | 20x | as long as short |
GMX QQQ/USD [ETH-USDC]
BloFin QQQ-USDT
Aster QQQUSDT
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDT
Lighter RH QQQ
Variational Omni QQQ
Lighter QQQ
Coinbase International QQQ-PERP-INTX
Binance QQQUSDT
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Bybit QQQUSDT
Bitget QQQUSDT
GRVT QQQ_USDT_Perp
RISEx QQQ/USDC
Phoenix QQQ
Deribit QQQ_USDC-PERPETUAL
edgeX QQQUSDC