Funding you earn now, next payment 07:00 UTC−0.0031%/8h= −3.4% APRpaid last 24h −0.008%
Price spread now: KuCoin against Nado+0.010%7-day average −0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$340.339% of the position
Funding, last 3 days (all we have)+0.058%+$6 on $10k
+Price spread, last 7 days−0.111%−$11 · spread now +0.010%, 7d avg −0.029%
=Together, before fees−0.053%+ Points / potential airdropNado: Active · farm board−$5 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.038% dearer against Nado than usual: you sell high and buy low (spread +0.010% now, against its 7-day average of −0.029%): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.2 days. Mind the row above: over the last 3 days funding on this pair paid +0.058%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado QQQ-PERP | 741.48 | 0.0131 | pay 0.0016% / 1h | 23m 58s | $1.5M | $764K | 20x |
| Short | KuCoin QQQUSDTM | 741.55 | 0.0100 | get 0.0100% / 8h | 1h 23m | $3.4M | $353K | 20x |
Nado QQQ-PERP
KuCoin QQQUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$6.45
- Price spread: +0.010% → −0.029%
- $3.84
- Slippage, 4 orders
- −$14.9
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$36.52
- Costs to cover
- 0.339%
- Break-even
- never at this rate
Slippage from Nado: live order book, 5 min ago; KuCoin: live order book, 3 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 Nado live order book, 5 min ago | 0.07 bp | 6.4 bp −$6 | 9.6 bp −$96 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 1.48 bp | 13.5 bp −$14 | 119.8 bp −$1,198 | doesn't fit | 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 −0.0161% / S +0.0253% | 1h | 741.98 | +0.067% | $25K | — | 26x | as long as short |
| Gate QQQ_USDT | −0.0029% | 8h | 741.40 | −0.011% | $3.3M | $21.5M | 50x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 741.95 | +0.064% | $823K | $858K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 741.96 | +0.065% | $10.5M | $5.2M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 741.85 | +0.050% | $21.4M | $28.4M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 741.68 | +0.028% | $5.5M | $6.3M | 25x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 742.13 | +0.088% | $16.6M | $5.4M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 741.98 | +0.067% | $16.9M | $7.3M | — | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 742.77 | +0.174% | $2K | $1.8M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 742.14 | +0.089% | $251K | $41K | 30x | as long as short |
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-USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex QQQUSDT | 0.0000% | 8h | 742.22 | +0.100% | $365K | $1.6M | 10x | as long as short |
| Ondo Perps QQQ-USD.P | +0.0001% | 1h | 740.66 | −0.110% | $4.2M | $1.8M | 20x | as long as short |
| Binance QQQUSDT | +0.0003% | 8h | 742.03 | +0.074% | $70.0M | $144.5M | 25x | as long as short |
| BloFin QQQ-USDT | +0.0004% | 8h | 741.75 | +0.037% | $1.1M | $271K | 20x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0016% | 1h | 741.55 | +0.010% | $1.2M | $550K | 20x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 741.73 | +0.034% | $7.7M | $15.5M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 742.12 | +0.087% | $37.0M | $80.6M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 741.15 | −0.044% | $686K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 742.90 | +0.192% | — | $337K | 50x | as long as short |
| KuCoin QQQUSDTMshort | +0.0100% | 8h | 741.55 | +0.010% | $3.4M | $353K | 20x | |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 741.57 | +0.012% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 741.63 | +0.021% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 741.22 | −0.035% | $92K | $1K | 10x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0116% | 8h | 742.17 | +0.093% | $322K | $2.0M | 10x | as long as short |
| Nado QQQ-PERPlong | +0.0131% | 1h | 741.48 | long leg | $1.5M | $764K | 20x | |
| Phoenix QQQ | +0.0205% | 1h | 741.63 | +0.021% | $38K | $66K | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0209% | 1h | 741.71 | +0.031% | $424K | $154K | 20x | as long as short |
| edgeX QQQUSDC | +0.0573% | 4h | 741.92 | +0.060% | $759K | $334K | 20x | as long as short |
Phemex QQQUSDT
Ondo Perps QQQ-USD.P
Binance QQQUSDT
BloFin QQQ-USDT
Coinbase International QQQ-PERP-INTX
Lighter QQQ
Lighter RH QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
GRVT QQQ_USDT_Perp
Phoenix QQQ
Deribit QQQ_USDC-PERPETUAL
edgeX QQQUSDC