Funding you earn now, next payment 01:00 UTC−0.0066%/8h= −7.2% APRpaid last 24h +0.006%
Price spread now: Nado against Bitget−0.068%7-day average −0.048% · 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−$25as in the Price arb table
costs, in and out, $10k−$230.230% of the position
Funding, last 3 days (all we have)−0.016%−$2 on $10k
+Price spread, last 7 days+0.036%+$4 · spread now −0.068%, 7d avg −0.048%
=Together, before fees+0.020%+ Points / potential airdropNado: Active · farm board+$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.048%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget QQQUSDT | 744.50 | 0.0178 | pay 0.0178% / 8h | 7h 47m | $16.9M | $6.6M | 20x |
| Short | Nado QQQ-PERP | 743.99 | 0.0112 | get 0.0014% / 1h | 47m 19s | $1.5M | $1.2M | 20x |
Bitget QQQUSDT
Nado QQQ-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Bitget. 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
- −$13.87
- Price spread: −0.068% → −0.048%
- −$1.97
- Slippage, 4 orders
- −$4.03
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$38.88
- Costs to cover
- 0.230%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 1 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 Bitget live order book, 1 min ago | 0.07 bp | 6.7 bp −$7 | 8.8 bp −$88 | 14.9 bp −$1,489 | doesn't fit |
| Sell Nado live order book, 1 min ago | 0.07 bp | 5.2 bp −$5 | 8.3 bp −$83 | 88.3 bp −$8,828 | 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 | −0.0371% | 1h | 742.44 | −0.277% | $4.2M | $2.0M | 20x | as long as short |
| GMX QQQ/USD [ETH-USDC] | L −0.0082% / S +0.0191% | 1h | 744.50 | +0.001% | $25K | — | 26x | as long as short |
| BloFin QQQ-USDT | −0.0022% | 8h | 744.06 | −0.059% | $1.0M | $318K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 743.87 | −0.085% | $841K | $760K | 20x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 744.33 | −0.023% | $21.5M | $25.4M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 744.11 | −0.052% | $3.2M | $26.6M | 50x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 744.90 | +0.054% | $2K | $2.2M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 744.80 | +0.040% | $257K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 744.78 | +0.038% | $360K | $1.4M | 10x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0005% | 1h | 744.12 | −0.051% | $425K | $147K | 20x | as long as short |
Ondo Perps QQQ-USD.P
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-PERPETUALShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter QQQ | +0.0032% | 1h | 744.25 | −0.034% | $7.6M | $18.1M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 744.59 | +0.012% | $37.4M | $79.0M | 50x | as long as short |
| Variational Omni QQQ | +0.0039% | 8h | 743.94 | −0.075% | $17.1M | $10.8M | — | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 743.39 | −0.149% | $747K | $1.5M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 744.94 | +0.059% | — | $336K | 50x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0064% | 1h | 743.73 | −0.103% | $1.2M | $625K | 20x | as long as short |
| Binance QQQUSDT | +0.0070% | 8h | 744.47 | −0.004% | $71.0M | $155.1M | 25x | as long as short |
| Bybit QQQUSDT | +0.0079% | 8h | 744.63 | +0.017% | $10.7M | $4.9M | 50x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 744.00 | −0.067% | $3.4M | $413K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 743.83 | −0.090% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 744.17 | −0.044% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 743.69 | −0.108% | $93K | $1K | 10x | as long as short |
| Nado QQQ-PERPshort | +0.0112% | 1h | 743.99 | −0.068% | $1.5M | $1.2M | 20x | |
| Bitget QQQUSDTlong | +0.0178% | 8h | 744.50 | long leg | $16.9M | $6.6M | 20x | |
| RISEx QQQ/USDC | +0.0208% | 1h | 744.47 | −0.004% | $5.5M | $9.0M | 25x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0219% | 8h | 744.39 | −0.015% | $327K | $1.8M | 10x | as long as short |
| Phoenix QQQ | +0.0258% | 1h | 743.91 | −0.079% | $38K | $66K | 20x | as long as short |
| edgeX QQQUSDC | +0.0995% | 4h | 744.25 | −0.033% | $761K | $336K | 20x | as long as short |
Lighter QQQ
Lighter RH QQQ
Variational Omni QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
Coinbase International QQQ-PERP-INTX
Binance QQQUSDT
Bybit QQQUSDT
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
RISEx QQQ/USDC
GRVT QQQ_USDT_Perp
Phoenix QQQ
edgeX QQQUSDC