Funding you earn now, next payment 00:00 UTC+0.0126%/8h= +13.8% APRnext payment +$0.16 per $10,000 · paid last 24h +0.088%
Price spread now: Nado against Ondo Perps+0.129%52s7-day average +0.184% · 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)+0.051%+$5 on $10k
+Price spread, last 7 days+0.088%+$9 · spread now +0.129%, 7d avg +0.184%
=Together, before fees+0.138%+ Points / potential airdropOndo Perps: Active · Nado: Active · farm board+$14 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.056% cheaper against Ondo Perps than usual: you would sell low and buy high (spread +0.129% now, against its 7-day average of +0.184%). If the spread goes back, that is −$6 on $10k: about 35 hours of funding at the current rate (+$4 a day). At the pace of the last 3 days (+0.051% in total) that is about 3.5 days. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps QQQ-USD.P | 742.08 | 0.0050 | pay 0.0006% / 1h | 44m 39s | $4.2M | $2.1M | 20x |
| Short | Nado QQQ-PERP | 743.03 | 0.0177 | get 0.0022% / 1h | 44m 39s | $1.5M | $1.3M | 20x |
Ondo Perps QQQ-USD.P
Nado QQQ-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Ondo Perps. 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
- $26.49
- Price spread: +0.129% → +0.184%
- −$5.56
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- $8.93
- Costs to cover
- 0.120%
- Break-even
- 4.6 days
Slippage unknown: Ondo Perps: no order-book sample; Nado: live order book, 4 min ago. 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Nado live order book, 4 min ago | 0.14 bp | 4.2 bp −$4 | 7.4 bp −$74 | 56.4 bp −$5,635 | doesn't fit |
Ondo Perps: 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 −0.0070% / S +0.0181% | 1h | 743.49 | +0.189% | $25K | — | 26x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 743.24 | +0.156% | $21.6M | $27.7M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 742.90 | +0.111% | $3.1M | $32.8M | 50x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 743.95 | +0.252% | $2K | $2.3M | 10x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | 0.0000% | 1h | 743.02 | +0.127% | $424K | $185K | 20x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 743.12 | +0.140% | $257K | $26K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 743.90 | +0.245% | $359K | $1.4M | 10x | as long as short |
| Aster QQQUSDT | +0.0001% | 8h | 743.23 | +0.155% | $841K | $780K | 20x | as long as short |
| BloFin QQQ-USDT | +0.0020% | 8h | 743.09 | +0.136% | $1.0M | $468K | 20x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 742.70 | +0.084% | $738K | $1.4M | 25x | as long as short |
GMX QQQ/USD [ETH-USDC]
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
SunX QQQ-USDT
Deribit QQQ_USDC-PERPETUAL
HTX QQQ-USDT
Phemex QQQUSDT
Aster QQQUSDT
BloFin QQQ-USDT
Arcus QQQ-USDShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX QQQUSDC | +0.0045% | 4h | 743.18 | +0.148% | $760K | $337K | 20x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 743.92 | +0.248% | — | $621K | 50x | as long as short |
| Lighter RH QQQ | +0.0048% | 1h | 743.60 | +0.205% | $37.6M | $79.0M | 50x | as long as short |
| Variational Omni QQQ | +0.0049% | 8h | 743.31 | +0.166% | $17.6M | $10.3M | — | as long as short |
| Ondo Perps QQQ-USD.Plong | +0.0050% | 1h | 742.08 | long leg | $4.2M | $2.1M | 20x | |
| Coinbase International QQQ-PERP-INTX | +0.0072% | 1h | 742.80 | +0.097% | $1.2M | $866K | 20x | as long as short |
| Binance QQQUSDT | +0.0080% | 8h | 743.42 | +0.181% | $71.0M | $160.6M | 25x | as long as short |
| Lighter QQQ | +0.0088% | 1h | 743.29 | +0.163% | $7.6M | $20.9M | 30x | as long as short |
| Bybit QQQUSDT | +0.0099% | 8h | 743.52 | +0.194% | $10.7M | $5.2M | 50x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 742.93 | +0.115% | $3.4M | $424K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 742.85 | +0.104% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 743.16 | +0.146% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 742.79 | +0.095% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERPshort | +0.0177% | 1h | 743.03 | +0.129% | $1.5M | $1.3M | 20x | |
| GRVT QQQ_USDT_Perp | +0.0188% | 8h | 743.36 | +0.172% | $323K | $1.8M | 10x | as long as short |
| RISEx QQQ/USDC | +0.0193% | 1h | 743.66 | +0.214% | $5.4M | $8.9M | 25x | as long as short |
| Phoenix QQQ | +0.0194% | 1h | 742.87 | +0.106% | $38K | $73K | 20x | as long as short |
| Bitget QQQUSDT | +0.0195% | 8h | 743.44 | +0.183% | $16.9M | $7.1M | 20x | as long as short |
edgeX QQQUSDC
Vest QQQ-USD-PERP
Lighter RH QQQ
Variational Omni QQQ
Coinbase International QQQ-PERP-INTX
Binance QQQUSDT
Lighter QQQ
Bybit QQQUSDT
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
GRVT QQQ_USDT_Perp
RISEx QQQ/USDC
Phoenix QQQ
Bitget QQQUSDT