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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado QQQ-PERP743.080.0172pay 0.0022% / 1h14m 55s$1.5M$1.3M20x
ShortVest QQQ-USD-PERP744.040.0046get 0.0006% / 1h14m 55s$621K50x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Nado live order book, 4 min ago0.07 bp5.4 bp −$58.4 bp −$8452.3 bp −$5,232doesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX QQQ/USD [ETH-USDC]L −0.0076% / S +0.0186%1h743.58+0.066%$25K26xas long as short
Ondo Perps QQQ-USD.P−0.0038%1h741.70−0.186%$4.2M$2.1M20xas long as short
BloFin QQQ-USDT−0.0011%8h743.09+0.001%$1.1M$320K20xas long as short
Aster QQQUSDT0.0000%8h743.36+0.037%$845K$783K20xas long as short
OKX QQQ-USDT-SWAP0.0000%8h743.39+0.041%$21.6M$27.6M50xas long as short
Gate QQQ_USDT0.0000%8h743.23+0.020%$3.1M$32.8M50xas long as short
SunX QQQ-USDT0.0000%8h744.01+0.125%$2K$2.3M10xas long as short
HTX QQQ-USDT0.0000%8h743.15+0.009%$257K$25K30xas long as short
Phemex QQQUSDT0.0000%8h743.91+0.111%$363K$1.4M10xas long as short
Lighter RH QQQ+0.0032%1h743.70+0.083%$37.5M$80.6M50xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus QQQ-USD+0.0040%1h742.88−0.027%$747K$1.5M25xas long as short
Vest QQQ-USD-PERPshort+0.0046%1h744.04+0.129%$621K50x
Variational Omni QQQ+0.0046%8h743.47+0.052%$17.6M$10.3Mas long as short
Lighter QQQ+0.0064%1h743.41+0.044%$7.6M$20.9M30xas long as short
Coinbase International QQQ-PERP-INTX+0.0072%1h742.85−0.031%$1.2M$865K20xas long as short
Binance QQQUSDT+0.0075%8h743.56+0.065%$71.1M$160.5M25xas long as short
KuCoin QQQUSDTM+0.0100%8h743.06−0.003%$3.4M$415K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h743.10+0.002%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h743.23+0.020%$12K$21K20xas long as short
Bybit QQQUSDT+0.0101%8h743.63+0.074%$10.7M$5.2M50xas long as short
Aevo QQQ-PERP+0.0104%1h742.84−0.033%$92K$1K10xas long as short
Nado QQQ-PERPlong+0.0172%1h743.08long leg$1.5M$1.3M20x
Bitget QQQUSDT+0.0181%8h743.61+0.071%$16.9M$7.0M20xas long as short
GRVT QQQ_USDT_Perp+0.0191%8h743.70+0.083%$323K$1.8M10xas long as short
RISEx QQQ/USDC+0.0193%1h743.66+0.077%$5.4M$8.9M25xas long as short
Phoenix QQQ+0.0194%1h743.10+0.002%$38K$73K20xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0248%1h743.40+0.043%$425K$164K20xas long as short
edgeX QQQUSDC+0.0915%4h743.51+0.057%$760K$337K20xas long as short