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
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=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).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo QQQ-PERP | 743.52 | 0.0104 | pay 0.0013% / 1h | 45m 55s | $93K | $1K | 10x |
| Short | Nado QQQ-PERP | 744.01 | 0.0115 | get 0.0014% / 1h | 45m 55s | $1.5M | $1.2M | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Aevo no order-book sample | — | — | — | — | — |
| Sell Nado live order book, 3 min ago | 0.07 bp | 5.2 bp −$5 | 8.3 bp −$83 | 88.3 bp −$8,828 | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps QQQ-USD.P | −0.0370% | 1h | 742.51 | −0.136% | $4.2M | $2.0M | 20x | as long as short |
| GMX QQQ/USD [ETH-USDC] | L −0.0082% / S +0.0191% | 1h | 744.25 | +0.098% | $25K | — | 26x | as long as short |
| BloFin QQQ-USDT | −0.0022% | 8h | 744.06 | +0.072% | $1.0M | $318K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 743.80 | +0.037% | $841K | $760K | 20x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 744.15 | +0.084% | $21.5M | $25.4M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 743.97 | +0.060% | $3.2M | $26.7M | 50x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 744.74 | +0.164% | $2K | $2.2M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 744.80 | +0.172% | $257K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 744.56 | +0.140% | $361K | $1.4M | 10x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0005% | 1h | 743.87 | +0.047% | $425K | $147K | 20x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter QQQ | +0.0032% | 1h | 744.01 | +0.066% | $7.6M | $18.1M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 744.35 | +0.111% | $37.3M | $79.0M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 743.46 | −0.008% | $747K | $1.5M | 25x | as long as short |
| Variational Omni QQQ | +0.0042% | 8h | 744.27 | +0.100% | $17.1M | $10.9M | — | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 744.79 | +0.170% | — | $336K | 50x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0064% | 1h | 743.88 | +0.048% | $1.2M | $581K | 20x | as long as short |
| Binance QQQUSDT | +0.0071% | 8h | 744.33 | +0.109% | $71.0M | $155.2M | 25x | as long as short |
| Bybit QQQUSDT | +0.0087% | 8h | 744.45 | +0.125% | $10.7M | $4.9M | 50x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 743.92 | +0.053% | $3.4M | $413K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 743.83 | +0.041% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 743.99 | +0.063% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERPlong | +0.0104% | 1h | 743.52 | long leg | $93K | $1K | 10x | |
| Nado QQQ-PERPshort | +0.0115% | 1h | 744.01 | +0.065% | $1.5M | $1.2M | 20x | |
| Bitget QQQUSDT | +0.0180% | 8h | 744.38 | +0.115% | $16.9M | $6.6M | 20x | as long as short |
| RISEx QQQ/USDC | +0.0208% | 1h | 744.40 | +0.117% | $5.5M | $9.0M | 25x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0219% | 8h | 744.39 | +0.116% | $327K | $1.8M | 10x | as long as short |
| Phoenix QQQ | +0.0258% | 1h | 743.91 | +0.052% | $38K | $66K | 20x | as long as short |
| edgeX QQQUSDC | +0.0995% | 4h | 744.25 | +0.098% | $761K | $336K | 20x | as long as short |
GMX QQQ/USD [ETH-USDC]
BloFin QQQ-USDT
Aster QQQUSDT
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDT
Deribit QQQ_USDC-PERPETUAL
Lighter QQQ
Lighter RH QQQ
Variational Omni QQQ
Coinbase International QQQ-PERP-INTX
Binance QQQUSDT
Bybit QQQUSDT
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Bitget QQQUSDT
RISEx QQQ/USDC
GRVT QQQ_USDT_Perp
Phoenix QQQ
edgeX QQQUSDC