Funding you earn now, next payment 10:00 UTC+0.0116%/8h= +12.7% APRpaid last 24h +0.037%
Price spread now: Nado against Aster−0.077%7-day average −0.014% · 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−$28as in the Price arb table
costs, in and out, $10k−$220.221% of the position
Funding, last 4 days (all we have)+0.042%+$4 on $10k
+Price spread, last 4 days (all we have)+0.066%+$7 · spread now −0.077%, 7d avg −0.014%
=Together, before fees+0.108%+ Points / potential airdropAster: Stage 5 · Nado: Active · farm board+$11 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.063% cheaper against Aster than usual: you would sell low and buy high (spread −0.077% now, against its 7-day average of −0.014%). If the spread goes back, that is −$6 on $10k: about 44 hours of funding at the current rate (+$3 a day). At the pace of the last 4 days (+0.042% in total) that is about 5.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster QQQUSDT | 742.01 | 0 | get 0.0000% / 8h | 6h 16m | $857K | $902K | 20x |
| Short | Nado QQQ-PERP | 741.44 | 0.0116 | get 0.0015% / 1h | 16m 11s | $1.6M | $795K | 20x |
Aster QQQUSDT
Nado QQQ-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Aster. 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
- $24.41
- Price spread: −0.077% → −0.014%
- −$6.33
- Slippage, 4 orders
- −$7.07
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$3.99
- Costs to cover
- 0.221%
- Break-even
- 8.1 days
Slippage from Aster: live order book, 34 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 Aster live order book, 34 min ago | 0.34 bp | 5.1 bp −$5 | 6.2 bp −$62 | 33.2 bp −$3,323 | doesn't fit |
| Sell Nado live order book, 1 min ago | 0.07 bp | 6.9 bp −$7 | 17.9 bp −$179 | 63.7 bp −$6,373 | doesn't fit |
QQQ on 28 exchanges
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 −0.0200% / S +0.0283% | 1h | 742.03 | +0.004% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0109% | 1h | 740.49 | −0.204% | $4.2M | $1.8M | 20x | as long as short |
| Aster QQQUSDTlong | 0.0000% | 8h | 742.01 | long leg | $857K | $902K | 20x | |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 741.72 | −0.039% | $21.7M | $29.7M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 741.71 | −0.040% | $5.4M | $5.8M | 25x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 741.66 | −0.047% | $3.5M | $20.3M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 741.84 | −0.022% | $16.7M | $5.4M | 20x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 742.26 | +0.034% | $2K | $1.5M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 741.83 | −0.024% | $251K | $38K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 742.29 | +0.038% | $362K | $1.6M | 10x | as long as short |
GMX QQQ/USD [ETH-USDC]
Ondo Perps QQQ-USD.P
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Gate QQQ_USDT
Bitget QQQUSDT
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDTShow all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin QQQ-USDT | +0.0017% | 8h | 741.53 | −0.064% | $1.1M | $227K | 20x | as long as short |
| Variational Omni QQQ | +0.0025% | 8h | 741.58 | −0.057% | $16.8M | $7.2M | — | as long as short |
| Lighter QQQ | +0.0032% | 1h | 741.71 | −0.040% | $7.5M | $15.0M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 742.15 | +0.019% | $38.4M | $78.2M | 50x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0032% | 1h | 741.31 | −0.094% | $1.2M | $528K | 20x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 741.11 | −0.121% | $648K | $1.4M | 25x | as long as short |
| Bybit QQQUSDT | +0.0045% | 8h | 741.95 | −0.008% | $10.6M | $4.9M | 50x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 742.87 | +0.116% | — | $337K | 50x | as long as short |
| Binance QQQUSDT | +0.0054% | 8h | 742.04 | +0.004% | $71.1M | $141.2M | 25x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 741.51 | −0.067% | $3.4M | $447K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 741.16 | −0.114% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 741.67 | −0.045% | $12K | $21K | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0101% | 1h | 741.69 | −0.043% | $424K | $125K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 741.13 | −0.118% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERPshort | +0.0116% | 1h | 741.44 | −0.077% | $1.6M | $795K | 20x | |
| GRVT QQQ_USDT_Perp | +0.0193% | 8h | 741.90 | −0.014% | $321K | $2.0M | 10x | as long as short |
| edgeX QQQUSDC | +0.0276% | 4h | 741.57 | −0.059% | $758K | $336K | 20x | as long as short |
| Phoenix QQQ | +0.0280% | 1h | 741.34 | −0.090% | $38K | $59K | 20x | as long as short |
BloFin QQQ-USDT
Variational Omni QQQ
Lighter QQQ
Lighter RH QQQ
Coinbase International QQQ-PERP-INTX
Arcus QQQ-USD
Bybit QQQUSDT
Vest QQQ-USD-PERP
Binance QQQUSDT
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Deribit QQQ_USDC-PERPETUAL
Aevo QQQ-PERP
GRVT QQQ_USDT_Perp
edgeX QQQUSDC
Phoenix QQQ