Funding you earn now, next payment 01:00 UTC+0.0103%/8h= +11.3% APRpaid last 24h +0.046%
Price spread now: Nado against SunX−0.137%7-day average −0.073% · 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−$80as in the Price arb table
costs, in and out, $10k−$730.735% of the position
Funding, last 3 days (all we have)+0.034%+$3 on $10k
+Price spread, last 3 days (all we have)+0.046%+$5 · spread now −0.137%, 7d avg −0.073%
=Together, before fees+0.080%+ Points / potential airdropNado: Active · farm board+$8 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.063% cheaper against SunX than usual: you would sell low and buy high (spread −0.137% now, against its 7-day average of −0.073%). If the spread goes back, that is −$6 on $10k: about 2.0 days of funding at the current rate (+$3 a day). At the pace of the last 3 days (+0.034% in total) that is about 6.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX QQQ-USDT | 745.41 | 0 | get 0.0000% / 8h | 7h 27m | $2K | $2.2M | 10x |
| Short | Nado QQQ-PERP | 744.39 | 0.0103 | get 0.0013% / 1h | 27m 37s | $1.5M | $1.3M | 20x |
SunX QQQ-USDT
Nado QQQ-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against SunX. 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
- $21.66
- Price spread: −0.137% → −0.073%
- −$6.34
- Slippage, 4 orders
- −$58.47
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$58.16
- Costs to cover
- 0.735%
- Break-even
- 25.8 days
Slippage from SunX: live order book, 9 min ago; Nado: live order book, 1 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 SunX live order book, 9 min ago | 21.62 bp | 25.6 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
| Sell Nado live order book, 1 min ago | 0.07 bp | 4.3 bp −$4 | 6.7 bp −$67 | 87.3 bp −$8,734 | 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 | −0.0360% | 1h | 743.44 | −0.264% | $4.2M | $2.1M | 20x | as long as short |
| GMX QQQ/USD [ETH-USDC] | L −0.0086% / S +0.0194% | 1h | 744.96 | −0.061% | $25K | — | 26x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 745.05 | −0.048% | $10.7M | $4.9M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 744.78 | −0.085% | $21.6M | $25.1M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 744.48 | −0.125% | $3.3M | $27.7M | 50x | as long as short |
| SunX QQQ-USDTlong | 0.0000% | 8h | 745.41 | long leg | $2K | $2.2M | 10x | |
| HTX QQQ-USDT | 0.0000% | 8h | 744.45 | −0.129% | $257K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 745.20 | −0.028% | $360K | $1.4M | 10x | as long as short |
| Aster QQQUSDT | +0.0001% | 8h | 744.28 | −0.152% | $841K | $716K | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0019% | 1h | 744.67 | −0.099% | $425K | $147K | 20x | as long as short |
Ondo Perps QQQ-USD.P
GMX QQQ/USD [ETH-USDC]
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
HTX QQQ-USDT
Phemex QQQUSDT
Aster QQQUSDT
Deribit QQQ_USDC-PERPETUALShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin QQQ-USDT | +0.0028% | 8h | 744.05 | −0.182% | $1.1M | $318K | 20x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 744.71 | −0.094% | $7.7M | $18.4M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 745.13 | −0.038% | $37.4M | $80.1M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 743.85 | −0.209% | $748K | $1.5M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 745.39 | −0.003% | — | $306K | 50x | as long as short |
| Variational Omni QQQ | +0.0047% | 8h | 744.24 | −0.157% | $17.1M | $9.7M | — | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0064% | 1h | 743.73 | −0.225% | $1.2M | $547K | 20x | as long as short |
| Binance QQQUSDT | +0.0077% | 8h | 744.98 | −0.058% | $71.2M | $151.9M | 25x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 744.46 | −0.127% | $3.4M | $410K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 743.74 | −0.224% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 744.53 | −0.118% | $12K | $21K | 20x | as long as short |
| Nado QQQ-PERPshort | +0.0103% | 1h | 744.39 | −0.137% | $1.5M | $1.3M | 20x | |
| Aevo QQQ-PERP | +0.0104% | 1h | 744.10 | −0.175% | $93K | $1K | 10x | as long as short |
| Bitget QQQUSDT | +0.0176% | 8h | 745.01 | −0.054% | $16.9M | $6.5M | 20x | as long as short |
| RISEx QQQ/USDC | +0.0208% | 1h | 745.00 | −0.054% | $5.4M | $8.7M | 25x | as long as short |
| Phoenix QQQ | +0.0258% | 1h | 744.03 | −0.185% | $38K | $66K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0263% | 8h | 744.41 | −0.134% | $316K | $1.8M | 10x | as long as short |
| edgeX QQQUSDC | +0.0471% | 4h | 744.23 | −0.158% | $761K | $337K | 20x | as long as short |
BloFin QQQ-USDT
Lighter QQQ
Lighter RH QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
Variational Omni QQQ
Coinbase International QQQ-PERP-INTX
Binance QQQUSDT
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Bitget QQQUSDT
RISEx QQQ/USDC
Phoenix QQQ
GRVT QQQ_USDT_Perp
edgeX QQQUSDC