Funding you earn now, next payment 09:00 UTC+0.0105%/8h= +11.5% APRnext payment +$0.13 per $10,000 · paid last 24h +0.024%
Price spread now: Nado against Vest−0.183%7-day average −0.162% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.004%$0 on $10k
+Price spread, last 4 days (all we have)+0.134%+$13 · spread now −0.183%, 7d avg −0.162%
=Together, before fees+0.130%+ Points / potential airdropVest: Active · Nado: Active · farm board+$13 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.020% cheaper against Vest than usual: you would sell low and buy high (spread −0.183% now, against its 7-day average of −0.162%). If the spread goes back, that is −$2 on $10k: about 16 hours of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest QQQ-USD-PERP | 741.30 | 0.0046 | pay 0.0006% / 1h | 21m 28s | — | $337K | 50x |
| Short | Nado QQQ-PERP | 739.95 | 0.0151 | get 0.0019% / 1h | 21m 28s | $1.6M | $747K | 20x |
Vest QQQ-USD-PERP
Nado QQQ-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Vest. 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
- $22.1
- Price spread: −0.183% → −0.162%
- −$2.04
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- $11.06
- Costs to cover
- 0.090%
- Break-even
- 3.5 days
Slippage unknown: Vest: no order-book sample; Nado: live order book, 2 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 Vest no order-book sample | — | — | — | — | — |
| Sell Nado live order book, 2 min ago | 0.07 bp | 6.5 bp −$6 | 9.3 bp −$93 | 53.9 bp −$5,386 | doesn't fit |
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 −0.0187% / S +0.0272% | 1h | 739.95 | −0.183% | $25K | — | 26x | as long as short |
| BloFin QQQ-USDT | −0.0021% | 8h | 739.59 | −0.231% | $1.1M | $278K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 739.64 | −0.224% | $820K | $903K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 740.43 | −0.117% | $10.6M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 740.06 | −0.167% | $21.8M | $29.9M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 740.04 | −0.170% | $5.4M | $5.7M | 25x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 739.60 | −0.229% | $3.3M | $20.8M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 740.30 | −0.135% | $16.5M | $5.1M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 739.24 | −0.278% | $16.7M | $7.2M | — | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 740.75 | −0.074% | $2K | $1.6M | 10x | as long as short |
GMX QQQ/USD [ETH-USDC]
BloFin QQQ-USDT
Aster QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Gate QQQ_USDT
Bitget QQQUSDT
Variational Omni QQQ
SunX QQQ-USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit QQQ_USDC-PERPETUAL | 0.0000% | 1h | 739.87 | −0.193% | $423K | $128K | 20x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 739.76 | −0.208% | $250K | $38K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 740.40 | −0.121% | $364K | $1.6M | 10x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0024% | 1h | 739.14 | −0.291% | $1.2M | $497K | 20x | as long as short |
| Binance QQQUSDT | +0.0029% | 8h | 740.36 | −0.127% | $70.3M | $141.2M | 25x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 740.01 | −0.174% | $7.6M | $15.5M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 740.42 | −0.119% | $37.6M | $80.3M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 739.38 | −0.259% | $647K | $1.5M | 25x | as long as short |
| Vest QQQ-USD-PERPlong | +0.0046% | 1h | 741.30 | long leg | — | $337K | 50x | |
| Ondo Perps QQQ-USD.P | +0.0050% | 1h | 738.51 | −0.376% | $4.2M | $1.8M | 20x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 739.77 | −0.206% | $3.4M | $391K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 739.50 | −0.243% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 739.94 | −0.183% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 739.46 | −0.248% | $92K | $1K | 10x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0137% | 8h | 740.00 | −0.175% | $314K | $2.0M | 10x | as long as short |
| Nado QQQ-PERPshort | +0.0151% | 1h | 739.95 | −0.183% | $1.6M | $747K | 20x | |
| Phoenix QQQ | +0.0248% | 1h | 739.00 | −0.310% | $38K | $65K | 20x | as long as short |
| edgeX QQQUSDC | +0.0541% | 4h | 739.75 | −0.208% | $756K | $335K | 20x | as long as short |
Deribit QQQ_USDC-PERPETUAL
HTX QQQ-USDT
Phemex QQQUSDT
Coinbase International QQQ-PERP-INTX
Binance QQQUSDT
Lighter QQQ
Lighter RH QQQ
Arcus QQQ-USD
Ondo Perps QQQ-USD.P
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
GRVT QQQ_USDT_Perp
Phoenix QQQ
edgeX QQQUSDC