Funding you earn now, next payment 09:00 UTC−0.0046%/8h= −5.0% APRnext payment −$0.06 per $10,000 · paid last 24h −0.007%
Price spread now: Aevo against Nado−0.064%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Aevo is 0.064% cheaper against Nado than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado QQQ-PERP | 740.09 | 0.0150 | pay 0.0019% / 1h | 20m 21s | $1.6M | $748K | 20x |
| Short | Aevo QQQ-PERP | 739.62 | 0.0104 | get 0.0013% / 1h | 20m 21s | $92K | $1K | 10x |
Nado QQQ-PERP
Aevo QQQ-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Nado. 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
- −$9.64
- Price spread: −0.064% → 0.000%
- −$6.42
- Slippage, 4 orders
- no order book: not counted
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$39.06
- Costs to cover
- 0.230%
- Break-even
- never at this rate
Slippage unknown: Nado: live order book, 3 min ago; Aevo: no order-book sample. Net counts fees only.
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 Nado live order book, 3 min ago | 0.07 bp | 5.5 bp −$5 | 8.0 bp −$80 | 52.1 bp −$5,206 | doesn't fit |
| Sell Aevo no order-book sample | — | — | — | — | — |
Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 −0.0187% / S +0.0273% | 1h | 740.51 | +0.057% | $25K | — | 26x | as long as short |
| BloFin QQQ-USDT | −0.0009% | 8h | 740.02 | −0.010% | $1.1M | $278K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 739.74 | −0.048% | $820K | $903K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 740.63 | +0.073% | $10.6M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 740.22 | +0.017% | $21.8M | $29.9M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 740.23 | +0.018% | $5.4M | $5.7M | 25x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 739.89 | −0.027% | $3.3M | $20.8M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 740.44 | +0.047% | $16.5M | $5.1M | 20x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 740.96 | +0.117% | $2K | $1.6M | 10x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | 0.0000% | 1h | 740.17 | +0.010% | $423K | $128K | 20x | as long as short |
GMX QQQ/USD [ETH-USDC]
BloFin QQQ-USDT
Aster QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Gate QQQ_USDT
Bitget QQQUSDT
SunX QQQ-USDT
Deribit QQQ_USDC-PERPETUALShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX QQQ-USDT | 0.0000% | 8h | 739.76 | −0.045% | $250K | $38K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 740.63 | +0.073% | $364K | $1.6M | 10x | as long as short |
| Variational Omni QQQ | +0.0003% | 8h | 740.38 | +0.038% | $16.7M | $7.2M | — | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0024% | 1h | 739.81 | −0.038% | $1.2M | $499K | 20x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 740.19 | +0.013% | $7.6M | $15.5M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 740.64 | +0.074% | $37.6M | $80.3M | 50x | as long as short |
| Binance QQQUSDT | +0.0032% | 8h | 740.51 | +0.056% | $70.3M | $141.0M | 25x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 739.55 | −0.073% | $647K | $1.5M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 741.46 | +0.185% | — | $337K | 50x | as long as short |
| Ondo Perps QQQ-USD.P | +0.0050% | 1h | 739.35 | −0.100% | $4.2M | $1.8M | 20x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 739.90 | −0.026% | $3.4M | $392K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 739.50 | −0.080% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 740.11 | +0.002% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERPshort | +0.0104% | 1h | 739.62 | −0.064% | $92K | $1K | 10x | |
| GRVT QQQ_USDT_Perp | +0.0137% | 8h | 740.00 | −0.012% | $314K | $2.0M | 10x | as long as short |
| Nado QQQ-PERPlong | +0.0150% | 1h | 740.09 | long leg | $1.6M | $748K | 20x | |
| Phoenix QQQ | +0.0248% | 1h | 739.00 | −0.148% | $38K | $65K | 20x | as long as short |
| edgeX QQQUSDC | +0.0541% | 4h | 739.75 | −0.046% | $756K | $335K | 20x | as long as short |
HTX QQQ-USDT
Phemex QQQUSDT
Variational Omni QQQ
Coinbase International QQQ-PERP-INTX
Lighter QQQ
Lighter RH QQQ
Binance QQQUSDT
Arcus QQQ-USD
Vest QQQ-USD-PERP
Ondo Perps QQQ-USD.P
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
GRVT QQQ_USDT_Perp
Phoenix QQQ
edgeX QQQUSDC