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 − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$390.394% of the position
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin QQQUSDTM | 741.40 | 0.0100 | pay 0.0100% / 8h | 31m 39s | $3.4M | $360K | 20x |
| Short | Nado QQQ-PERP | 741.30 | 0.0123 | get 0.0015% / 1h | 31m 39s | $1.6M | $763K | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy KuCoin live order book, 6 min ago | 1.21 bp | 8.4 bp −$8 | 88.6 bp −$886 | doesn't fit | doesn't fit |
| Sell Nado live order book, 2 min ago | 0.07 bp | 5.5 bp −$6 | 8.4 bp −$84 | 86.5 bp −$8,650 | 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX QQQ/USD [ETH-USDC] | L −0.0172% / S +0.0261% | 1h | 741.83 | +0.057% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0171% | 1h | 740.14 | −0.170% | $4.2M | $1.8M | 20x | as long as short |
| Gate QQQ_USDT | −0.0074% | 8h | 741.40 | 0.000% | $3.3M | $21.6M | 50x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 741.82 | +0.057% | $821K | $861K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 741.87 | +0.063% | $10.7M | $5.1M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 741.60 | +0.027% | $21.4M | $28.4M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 741.57 | +0.024% | $5.4M | $6.3M | 25x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 741.97 | +0.077% | $16.5M | $5.4M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 741.73 | +0.045% | $16.8M | $7.2M | — | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 742.32 | +0.124% | $2K | $1.8M | 10x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX QQQ-USDT | 0.0000% | 8h | 742.04 | +0.086% | $251K | $41K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 741.98 | +0.078% | $361K | $1.6M | 10x | as long as short |
| Binance QQQUSDT | +0.0012% | 8h | 741.85 | +0.061% | $70.2M | $141.8M | 25x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0016% | 1h | 741.51 | +0.015% | $1.2M | $491K | 20x | as long as short |
| BloFin QQQ-USDT | +0.0024% | 8h | 741.52 | +0.016% | $1.1M | $274K | 20x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 741.56 | +0.022% | $7.7M | $15.3M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 741.88 | +0.065% | $37.3M | $80.3M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 741.20 | −0.027% | $644K | $1.7M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 742.63 | +0.166% | — | $337K | 50x | as long as short |
| KuCoin QQQUSDTMlong | +0.0100% | 8h | 741.40 | long leg | $3.4M | $360K | 20x | |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 741.49 | +0.012% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 741.47 | +0.009% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 741.00 | −0.054% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERPshort | +0.0123% | 1h | 741.30 | −0.014% | $1.6M | $763K | 20x | |
| GRVT QQQ_USDT_Perp | +0.0130% | 8h | 742.08 | +0.092% | $325K | $2.0M | 10x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0209% | 1h | 741.51 | +0.015% | $424K | $156K | 20x | as long as short |
| Phoenix QQQ | +0.0227% | 1h | 741.51 | +0.015% | $38K | $65K | 20x | as long as short |
| edgeX QQQUSDC | +0.0600% | 4h | 741.80 | +0.054% | $758K | $335K | 20x | as long as short |
KuCoin QQQUSDTM
GMX QQQ/USD [ETH-USDC]
Gate QQQ_USDT
Aster QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Bitget QQQUSDT
Variational Omni QQQ
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDT
Binance QQQUSDT
Coinbase International QQQ-PERP-INTX
BloFin QQQ-USDT
Lighter QQQ
Lighter RH QQQ
ApeX Omni QQQUSDT
GRVT QQQ_USDT_Perp
Deribit QQQ_USDC-PERPETUAL
Phoenix QQQ
edgeX QQQUSDC