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

QQQ

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Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0391%/8h= +42.8% APRpaid last 24h +0.076%
Price spread now: edgeX against Nado−0.046%62s7-day average +0.011% · 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−$290.293% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.236%−$24 on $10k
Price spread, last 4 days (all we have)+0.071%+$7 · spread now −0.046%, 7d avg +0.011%
Together, before fees−0.166%+ Points / potential airdropNado: Active · edgeX: Active · farm board−$17 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.057% cheaper against Nado than usual: you would sell low and buy high (spread −0.046% now, against its 7-day average of +0.011%). If the spread goes back, that is −$6 on $10k: about 12 hours of funding at the current rate (+$12 a day). Mind the row above: over the last 4 days funding on this pair cost −0.236%, so the current rate has only just turned in your favour. The two prices were read 62 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado QQQ-PERP740.090.0150pay 0.0019% / 1h19m 49s$1.6M$748K20x
ShortedgeX QQQUSDC739.750.0541get 0.0271% / 4h3h 19m$756K$335K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Nado. 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
$82.16
Price spread: −0.046% → +0.011%
−$5.69
Slippage, 4 orders
−$13.32
Fee Nado: 3.5 bp × 2 orders
−$7
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$47.15
Costs to cover
0.293%
Break-even
3.0 days
Slippage from Nado: live order book, 4 min ago; edgeX: live order book, 14 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 Nado live order book, 4 min ago0.07 bp5.5 bp −$58.0 bp −$8052.1 bp −$5,206doesn't fit
Sell edgeX live order book, 14 min ago4.12 bp8.7 bp −$99.7 bp −$97doesn't fitdoesn'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 −0.0187% / S +0.0273%1h740.51+0.057%$25K26xas long as short
BloFin QQQ-USDT−0.0009%8h740.02−0.010%$1.1M$278K20xas long as short
Aster QQQUSDT0.0000%8h740.26+0.023%$855K$903K20xas long as short
Bybit QQQUSDT0.0000%8h740.94+0.114%$10.6M$5.0M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h740.43+0.046%$21.8M$30.0M50xas long as short
RISEx QQQ/USDC0.0000%1h740.23+0.018%$5.4M$5.7M25xas long as short
Gate QQQ_USDT0.0000%8h740.15+0.008%$3.3M$20.8M50xas long as short
Bitget QQQUSDT0.0000%8h740.95+0.116%$16.5M$5.2M20xas long as short
SunX QQQ-USDT0.0000%8h740.96+0.117%$2K$1.6M10xas long as short
Deribit QQQ_USDC-PERPETUAL0.0000%1h740.17+0.010%$423K$128K20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX QQQ-USDT0.0000%8h739.76−0.045%$250K$38K30xas long as short
Phemex QQQUSDT0.0000%8h740.63+0.073%$364K$1.6M10xas long as short
Variational Omni QQQ+0.0003%8h740.38+0.038%$16.7M$7.2Mas long as short
Coinbase International QQQ-PERP-INTX+0.0024%1h739.81−0.038%$1.2M$499K20xas long as short
Lighter QQQ+0.0032%1h740.60+0.069%$7.6M$15.5M30xas long as short
Lighter RH QQQ+0.0032%1h740.90+0.109%$37.6M$80.4M50xas long as short
Binance QQQUSDT+0.0034%8h740.79+0.094%$70.3M$141.1M25xas long as short
Arcus QQQ-USD+0.0040%1h739.55−0.073%$647K$1.5M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h741.46+0.185%$337K50xas long as short
Ondo Perps QQQ-USD.P+0.0050%1h739.35−0.100%$4.2M$1.8M20xas long as short
KuCoin QQQUSDTM+0.0100%8h740.19+0.013%$3.4M$393K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h739.50−0.080%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h740.11+0.002%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h739.62−0.064%$92K$1K10xas long as short
GRVT QQQ_USDT_Perp+0.0137%8h740.00−0.012%$314K$2.0M10xas long as short
Nado QQQ-PERPlong+0.0150%1h740.09long leg$1.6M$748K20x
Phoenix QQQ+0.0248%1h739.00−0.148%$38K$65K20xas long as short
edgeX QQQUSDCshort+0.0541%4h739.75−0.046%$756K$335K20x