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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0011%/8h= +1.2% APRnext payment +$0.01 per $10,000 · paid last 24h +0.015%
Price spread now: Nado against Aevo+0.065%7-day average · 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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropNado: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Nado is 0.065% dearer against Aevo than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo QQQ-PERP743.520.0104pay 0.0013% / 1h45m 55s$93K$1K10x
ShortNado QQQ-PERP744.010.0115get 0.0014% / 1h45m 55s$1.5M$1.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Aevo. 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
$2.21
Price spread: +0.065% → 0.000%
$6.52
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$14.27
Costs to cover
0.230%
Break-even
52.3 days
Slippage unknown: Aevo: no order-book sample; Nado: live order book, 3 min ago. 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 Aevo no order-book sample
Sell Nado live order book, 3 min ago0.07 bp5.2 bp −$58.3 bp −$8388.3 bp −$8,828doesn't fit
Aevo: 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
Ondo Perps QQQ-USD.P−0.0370%1h742.51−0.136%$4.2M$2.0M20xas long as short
GMX QQQ/USD [ETH-USDC]L −0.0082% / S +0.0191%1h744.25+0.098%$25K26xas long as short
BloFin QQQ-USDT−0.0022%8h744.06+0.072%$1.0M$318K20xas long as short
Aster QQQUSDT0.0000%8h743.80+0.037%$841K$760K20xas long as short
OKX QQQ-USDT-SWAP0.0000%8h744.15+0.084%$21.5M$25.4M50xas long as short
Gate QQQ_USDT0.0000%8h743.97+0.060%$3.2M$26.7M50xas long as short
SunX QQQ-USDT0.0000%8h744.74+0.164%$2K$2.2M10xas long as short
HTX QQQ-USDT0.0000%8h744.80+0.172%$257K$29K30xas long as short
Phemex QQQUSDT0.0000%8h744.56+0.140%$361K$1.4M10xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0005%1h743.87+0.047%$425K$147K20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter QQQ+0.0032%1h744.01+0.066%$7.6M$18.1M30xas long as short
Lighter RH QQQ+0.0032%1h744.35+0.111%$37.3M$79.0M50xas long as short
Arcus QQQ-USD+0.0040%1h743.46−0.008%$747K$1.5M25xas long as short
Variational Omni QQQ+0.0042%8h744.27+0.100%$17.1M$10.9Mas long as short
Vest QQQ-USD-PERP+0.0046%1h744.79+0.170%$336K50xas long as short
Coinbase International QQQ-PERP-INTX+0.0064%1h743.88+0.048%$1.2M$581K20xas long as short
Binance QQQUSDT+0.0071%8h744.33+0.109%$71.0M$155.2M25xas long as short
Bybit QQQUSDT+0.0087%8h744.45+0.125%$10.7M$4.9M50xas long as short
KuCoin QQQUSDTM+0.0100%8h743.92+0.053%$3.4M$413K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h743.83+0.041%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h743.99+0.063%$12K$21K20xas long as short
Aevo QQQ-PERPlong+0.0104%1h743.52long leg$93K$1K10x
Nado QQQ-PERPshort+0.0115%1h744.01+0.065%$1.5M$1.2M20x
Bitget QQQUSDT+0.0180%8h744.38+0.115%$16.9M$6.6M20xas long as short
RISEx QQQ/USDC+0.0208%1h744.40+0.117%$5.5M$9.0M25xas long as short
GRVT QQQ_USDT_Perp+0.0219%8h744.39+0.116%$327K$1.8M10xas long as short
Phoenix QQQ+0.0258%1h743.91+0.052%$38K$66K20xas long as short
edgeX QQQUSDC+0.0995%4h744.25+0.098%$761K$336K20xas long as short