Funding you earn now, next payment 23:00 UTC+0.0169%/8h= +18.5% APRpaid last 24h +0.045%
Price spread now: Nado against OKX−0.038%7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$210.205% of the position
Funding, last 3 days (all we have)+0.026%+$3 on $10k
+Price spread, last 7 days+0.043%+$4 · spread now −0.038%, 7d avg −0.022%
=Together, before fees+0.069%+ Points / potential airdropNado: Active · farm board+$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.022%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX QQQ-USDT-SWAP | 742.03 | 0 | get 0.0000% / 8h | 1h 46m | $21.5M | $28.3M | 50x |
| Short | Nado QQQ-PERP | 741.75 | 0.0169 | get 0.0021% / 1h | 46m 12s | $1.5M | $1.3M | 20x |
OKX QQQ-USDT-SWAP
Nado QQQ-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against OKX. 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
- $35.48
- Price spread: −0.038% → −0.022%
- −$1.55
- Slippage, 4 orders
- −$3.54
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- $13.4
- Costs to cover
- 0.205%
- Break-even
- 4.4 days
Slippage from OKX: live order book, 2 min ago; Nado: 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 OKX live order book, 2 min ago | 0.07 bp | 5.1 bp −$5 | 5.5 bp −$55 | 12.3 bp −$1,228 | doesn't fit |
| Sell Nado live order book, 2 min ago | 0.07 bp | 5.6 bp −$6 | 10.1 bp −$101 | 52.3 bp −$5,232 | 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX QQQ/USD [ETH-USDC] | L −0.0066% / S +0.0178% | 1h | 742.21 | +0.024% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0026% | 1h | 741.25 | −0.105% | $4.2M | $2.2M | 20x | as long as short |
| OKX QQQ-USDT-SWAPlong | 0.0000% | 8h | 742.03 | long leg | $21.5M | $28.3M | 50x | |
| Gate QQQ_USDT | 0.0000% | 8h | 741.96 | −0.009% | $3.1M | $32.8M | 50x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 742.60 | +0.077% | $1K | $2.4M | 10x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | 0.0000% | 1h | 741.83 | −0.027% | $424K | $305K | 20x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 742.43 | +0.054% | $256K | $32K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 742.64 | +0.082% | $360K | $1.4M | 10x | as long as short |
| Aster QQQUSDT | +0.0005% | 8h | 741.92 | −0.015% | $840K | $780K | 20x | as long as short |
| BloFin QQQ-USDT | +0.0006% | 8h | 742.00 | −0.004% | $1.0M | $483K | 20x | as long as short |
GMX QQQ/USD [ETH-USDC]
Ondo Perps QQQ-USD.P
Gate QQQ_USDT
SunX QQQ-USDT
Deribit QQQ_USDC-PERPETUAL
HTX QQQ-USDT
Phemex QQQUSDT
Aster QQQUSDT
BloFin QQQ-USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter QQQ | +0.0032% | 1h | 742.10 | +0.009% | $7.8M | $21.5M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 742.46 | +0.058% | $37.7M | $81.1M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 741.40 | −0.085% | $736K | $1.4M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 742.73 | +0.094% | — | $621K | 50x | as long as short |
| Variational Omni QQQ | +0.0064% | 8h | 742.23 | +0.027% | $17.2M | $10.1M | — | as long as short |
| Binance QQQUSDT | +0.0086% | 8h | 742.17 | +0.019% | $69.6M | $162.6M | 25x | as long as short |
| Bybit QQQUSDT | +0.0086% | 8h | 742.28 | +0.034% | $10.7M | $5.4M | 50x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0088% | 1h | 741.84 | −0.026% | $1.2M | $874K | 20x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 741.81 | −0.030% | $3.4M | $440K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 741.96 | −0.009% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 741.19 | −0.113% | $7K | $16K | 20x | as long as short |
| edgeX QQQUSDC | +0.0103% | 4h | 742.22 | +0.026% | $759K | $336K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 741.48 | −0.074% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERPshort | +0.0169% | 1h | 741.75 | −0.038% | $1.5M | $1.3M | 20x | |
| GRVT QQQ_USDT_Perp | +0.0187% | 8h | 742.41 | +0.051% | $323K | $1.7M | 10x | as long as short |
| Bitget QQQUSDT | +0.0219% | 8h | 742.23 | +0.027% | $16.7M | $7.3M | 20x | as long as short |
| Phoenix QQQ | +0.0259% | 1h | 741.88 | −0.020% | $38K | $73K | 20x | as long as short |
| RISEx QQQ/USDC | +0.0315% | 1h | 742.34 | +0.042% | $5.4M | $9.3M | 25x | as long as short |
Lighter QQQ
Lighter RH QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
Variational Omni QQQ
Binance QQQUSDT
Bybit QQQUSDT
Coinbase International QQQ-PERP-INTX
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
edgeX QQQUSDC
Aevo QQQ-PERP
GRVT QQQ_USDT_Perp
Bitget QQQUSDT
Phoenix QQQ
RISEx QQQ/USDC