Funding you earn now, next payment 02:00 UTC+0.0121%/8h= +13.2% APRpaid last 24h +0.030%
Price spread now: Nado against Bybit−0.036%7-day average −0.035% · 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−$24as in the Price arb table
costs, in and out, $10k−$240.242% of the position
Funding, last 3 days (all we have)+0.021%+$2 on $10k
+Price spread, last 7 days+0.022%+$2 · spread now −0.036%, 7d avg −0.035%
=Together, before fees+0.043%+ Points / potential airdropNado: Active · farm board+$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.035%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit QQQUSDT | 744.03 | 0 | get 0.0000% / 8h | 6h 37m | $10.7M | $5.0M | 50x |
| Short | Nado QQQ-PERP | 743.76 | 0.0121 | get 0.0015% / 1h | 37m 32s | $1.5M | $1.0M | 20x |
Bybit QQQUSDT
Nado QQQ-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Bybit. 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
- $25.34
- Price spread: −0.036% → −0.035%
- −$0.13
- Slippage, 4 orders
- −$6.21
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- $1
- Costs to cover
- 0.242%
- Break-even
- 6.7 days
Slippage from Bybit: live order book, 6 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 Bybit live order book, 6 min ago | 0.07 bp | 7.2 bp −$7 | 13.0 bp −$130 | 84.2 bp −$8,419 | doesn't fit |
| Sell Nado live order book, 1 min ago | 0.07 bp | 5.0 bp −$5 | 8.7 bp −$87 | 86.5 bp −$8,654 | 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 | −0.0168% | 1h | 743.00 | −0.138% | $4.2M | $1.9M | 20x | as long as short |
| GMX QQQ/USD [ETH-USDC] | L −0.0096% / S +0.0202% | 1h | 744.12 | +0.011% | $25K | — | 26x | as long as short |
| Bybit QQQUSDTlong | 0.0000% | 8h | 744.03 | long leg | $10.7M | $5.0M | 50x | |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 743.87 | −0.022% | $21.5M | $25.5M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 743.81 | −0.030% | $3.2M | $21.5M | 50x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 744.57 | +0.073% | $2K | $2.1M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 744.32 | +0.039% | $257K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 744.38 | +0.047% | $359K | $1.4M | 10x | as long as short |
| Aster QQQUSDT | +0.0011% | 8h | 744.17 | +0.019% | $841K | $712K | 20x | as long as short |
| BloFin QQQ-USDT | +0.0026% | 8h | 744.31 | +0.038% | $1.1M | $319K | 20x | as long as short |
Ondo Perps QQQ-USD.P
GMX QQQ/USD [ETH-USDC]
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDT
Aster QQQUSDT
BloFin QQQ-USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter QQQ | +0.0032% | 1h | 743.91 | −0.016% | $7.7M | $17.7M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 744.34 | +0.042% | $37.4M | $79.6M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 743.17 | −0.116% | $703K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 745.03 | +0.134% | — | $337K | 50x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0048% | 1h | 744.05 | +0.003% | $1.2M | $538K | 20x | as long as short |
| Variational Omni QQQ | +0.0065% | 8h | 744.04 | +0.001% | $17.1M | $7.6M | — | as long as short |
| Bitget QQQUSDT | +0.0074% | 8h | 744.13 | +0.013% | $16.9M | $5.9M | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0086% | 1h | 743.91 | −0.016% | $425K | $148K | 20x | as long as short |
| Binance QQQUSDT | +0.0087% | 8h | 744.07 | +0.005% | $71.1M | $147.6M | 25x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 743.89 | −0.019% | $3.4M | $406K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 743.71 | −0.043% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 743.87 | −0.022% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 743.34 | −0.092% | $93K | $1K | 10x | as long as short |
| Nado QQQ-PERPshort | +0.0121% | 1h | 743.76 | −0.036% | $1.5M | $1.0M | 20x | |
| RISEx QQQ/USDC | +0.0168% | 1h | 744.17 | +0.018% | $5.4M | $8.2M | 25x | as long as short |
| Phoenix QQQ | +0.0183% | 1h | 743.78 | −0.034% | $38K | $66K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0230% | 8h | 744.26 | +0.031% | $318K | $1.8M | 10x | as long as short |
| edgeX QQQUSDC | +0.0751% | 4h | 743.92 | −0.015% | $761K | $334K | 20x | as long as short |
Lighter QQQ
Lighter RH QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
Coinbase International QQQ-PERP-INTX
Variational Omni QQQ
Bitget QQQUSDT
Deribit QQQ_USDC-PERPETUAL
Binance QQQUSDT
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
RISEx QQQ/USDC
Phoenix QQQ
GRVT QQQ_USDT_Perp
edgeX QQQUSDC