Settings8H · net · $10k
Funding arb · Price arb /

QQQ

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0023%/8h= +2.5% APRpaid last 24h +0.008%
Price spread now: Nado against KuCoin−0.014%51s7-day average +0.028% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$390.394% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.057%−$6 on $10k
Price spread, last 7 days+0.102%+$10 · spread now −0.014%, 7d avg +0.028%
Together, before fees+0.045%+ Points / potential airdropNado: Active · farm board+$5 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.042% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.014% now, against its 7-day average of +0.028%). If the spread goes back, that is −$4 on $10k: about 6.2 days of funding at the current rate (+$1 a day). Mind the row above: over the last 4 days funding on this pair cost −0.057%, so the current rate has only just turned in your favour. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin QQQUSDTM741.400.0100pay 0.0100% / 8h31m 39s$3.4M$360K20x
ShortNado QQQ-PERP741.300.0123get 0.0015% / 1h31m 39s$1.6M$763K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against KuCoin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$4.77
Price spread: −0.014% → +0.028%
−$4.2
Slippage, 4 orders
−$20.41
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$38.84
Costs to cover
0.394%
Break-even
63.9 days
Slippage from KuCoin: live order book, 6 min ago; Nado: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 6 min ago1.21 bp8.4 bp −$888.6 bp −$886doesn't fitdoesn't fit
Sell Nado live order book, 2 min ago0.07 bp5.5 bp −$68.4 bp −$8486.5 bp −$8,650doesn't fit

QQQ on 28 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX QQQ/USD [ETH-USDC]L −0.0172% / S +0.0261%1h741.83+0.057%$25K26xas long as short
Ondo Perps QQQ-USD.P−0.0171%1h740.14−0.170%$4.2M$1.8M20xas long as short
Gate QQQ_USDT−0.0074%8h741.400.000%$3.3M$21.6M50xas long as short
Aster QQQUSDT0.0000%8h741.82+0.057%$821K$861K20xas long as short
Bybit QQQUSDT0.0000%8h741.87+0.063%$10.7M$5.1M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h741.60+0.027%$21.4M$28.4M50xas long as short
RISEx QQQ/USDC0.0000%1h741.57+0.024%$5.4M$6.3M25xas long as short
Bitget QQQUSDT0.0000%8h741.97+0.077%$16.5M$5.4M20xas long as short
Variational Omni QQQ0.0000%8h741.73+0.045%$16.8M$7.2Mas long as short
SunX QQQ-USDT0.0000%8h742.32+0.124%$2K$1.8M10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX QQQ-USDT0.0000%8h742.04+0.086%$251K$41K30xas long as short
Phemex QQQUSDT0.0000%8h741.98+0.078%$361K$1.6M10xas long as short
Binance QQQUSDT+0.0012%8h741.85+0.061%$70.2M$141.8M25xas long as short
Coinbase International QQQ-PERP-INTX+0.0016%1h741.51+0.015%$1.2M$491K20xas long as short
BloFin QQQ-USDT+0.0024%8h741.52+0.016%$1.1M$274K20xas long as short
Lighter QQQ+0.0032%1h741.56+0.022%$7.7M$15.3M30xas long as short
Lighter RH QQQ+0.0032%1h741.88+0.065%$37.3M$80.3M50xas long as short
Arcus QQQ-USD+0.0040%1h741.20−0.027%$644K$1.7M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h742.63+0.166%$337K50xas long as short
KuCoin QQQUSDTMlong+0.0100%8h741.40long leg$3.4M$360K20x
ApeX Omni QQQUSDT+0.0100%1h741.49+0.012%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h741.47+0.009%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h741.00−0.054%$92K$1K10xas long as short
Nado QQQ-PERPshort+0.0123%1h741.30−0.014%$1.6M$763K20x
GRVT QQQ_USDT_Perp+0.0130%8h742.08+0.092%$325K$2.0M10xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0209%1h741.51+0.015%$424K$156K20xas long as short
Phoenix QQQ+0.0227%1h741.51+0.015%$38K$65K20xas long as short
edgeX QQQUSDC+0.0600%4h741.80+0.054%$758K$335K20xas long as short