Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.5% APRnext payment −$0.01 per $10,000 · paid last 24h +0.012%
Price spread now: Nado against ApeX Omni+0.004%7-day average +0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$300.296% of the position
Funding, last 3 days (all we have)−0.062%−$6 on $10k
+Price spread, last 7 days+0.053%+$5 · spread now +0.004%, 7d avg +0.041%
=Together, before fees−0.010%+ Points / potential airdropNado: Active · farm board−$1 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Nado is 0.037% cheaper against ApeX Omni than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.041%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni QQQUSDT | 744.11 | 0.0100 | pay 0.0013% / 1h | 34m 54s | $20K | $2.2M | 50x |
| Short | Nado QQQ-PERP | 744.14 | 0.0096 | get 0.0012% / 1h | 34m 54s | $1.5M | $876K | 20x |
ApeX Omni QQQUSDT
Nado QQQ-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against ApeX Omni. 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
- −$0.93
- Price spread: +0.004% → +0.041%
- −$3.7
- Slippage, 4 orders
- −$12.63
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$34.25
- Costs to cover
- 0.296%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 4 min ago; Nado: live order book, 4 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 ApeX Omni live order book, 4 min ago | 3.76 bp | 9.8 bp −$10 | 24.4 bp −$244 | doesn't fit | doesn't fit |
| Sell Nado live order book, 4 min ago | 0.13 bp | 4.8 bp −$5 | 7.7 bp −$77 | 87.4 bp −$8,737 | 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 | −0.0143% | 1h | 743.21 | −0.121% | $4.2M | $1.8M | 20x | as long as short |
| GMX QQQ/USD [ETH-USDC] | L −0.0122% / S +0.0222% | 1h | 744.47 | +0.048% | $25K | — | 26x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 744.43 | +0.043% | $841K | $714K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 744.35 | +0.032% | $10.7M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 744.29 | +0.024% | $21.5M | $26.9M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 744.53 | +0.057% | $5.4M | $7.5M | 25x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 743.94 | −0.023% | $3.3M | $20.8M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 744.61 | +0.067% | $16.9M | $5.7M | 20x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 744.96 | +0.114% | $2K | $1.9M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 744.81 | +0.094% | $257K | $29K | 30x | as long as short |
Ondo Perps QQQ-USD.P
GMX QQQ/USD [ETH-USDC]
Aster QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Gate QQQ_USDT
Bitget QQQUSDT
SunX QQQ-USDT
HTX QQQ-USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex QQQUSDT | 0.0000% | 8h | 744.89 | +0.105% | $362K | $1.5M | 10x | as long as short |
| Variational Omni QQQ | +0.0002% | 8h | 744.38 | +0.037% | $17.1M | $7.5M | — | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0008% | 1h | 743.96 | −0.020% | $1.2M | $536K | 20x | as long as short |
| BloFin QQQ-USDT | +0.0026% | 8h | 744.30 | +0.026% | $1.1M | $271K | 20x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 744.29 | +0.024% | $7.7M | $16.3M | 30x | as long as short |
| Binance QQQUSDT | +0.0040% | 8h | 744.41 | +0.041% | $71.1M | $141.8M | 25x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 743.76 | −0.047% | $700K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 745.44 | +0.179% | — | $337K | 50x | as long as short |
| Lighter RH QQQ | +0.0048% | 1h | 744.77 | +0.089% | $36.9M | $78.9M | 50x | as long as short |
| Nado QQQ-PERPshort | +0.0096% | 1h | 744.14 | +0.004% | $1.5M | $876K | 20x | |
| KuCoin QQQUSDTM | +0.0100% | 8h | 744.11 | 0.000% | $3.4M | $388K | 20x | as long as short |
| ApeX Omni QQQUSDTlong | +0.0100% | 1h | 744.11 | long leg | $20K | $2.2M | 50x | |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 744.19 | +0.011% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 743.67 | −0.060% | $93K | $1K | 10x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0110% | 8h | 744.62 | +0.069% | $319K | $1.9M | 10x | as long as short |
| Phoenix QQQ | +0.0129% | 1h | 744.01 | −0.013% | $38K | $66K | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0274% | 1h | 744.41 | +0.040% | $425K | $149K | 20x | as long as short |
| edgeX QQQUSDC | +0.0680% | 4h | 744.36 | +0.034% | $761K | $334K | 20x | as long as short |
Phemex QQQUSDT
Variational Omni QQQ
Coinbase International QQQ-PERP-INTX
BloFin QQQ-USDT
Lighter QQQ
Binance QQQUSDT
Arcus QQQ-USD
Vest QQQ-USD-PERP
Lighter RH QQQ
KuCoin QQQUSDTM
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
GRVT QQQ_USDT_Perp
Phoenix QQQ
Deribit QQQ_USDC-PERPETUAL
edgeX QQQUSDC