Funding you earn now, next payment 12:00 UTC−0.0017%/8h= −1.9% APRpaid last 24h −0.009%
Price spread now: Orderly against Nado+0.040%7-day average — · you sell dearer than you buy
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
=The price spread pays, funding is against you. Orderly is 0.040% dearer against Nado than usual: you sell high and buy low (spread +0.040% now, against zero (this spread has no 7-day history yet)): +$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 7.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado QQQ-PERP | 741.23 | 0.0117 | pay 0.0015% / 1h | 49m 11s | $1.6M | $776K | 20x |
| Short | Orderly PERP_QQQ_USDC_mythos | 741.53 | 0.0100 | get 0.0100% / 8h | 4h 49m | $12K | $21K | 20x |
Nado QQQ-PERP
Orderly PERP_QQQ_USDC_mythosFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$3.6
- Price spread: +0.040% → 0.000%
- $4
- Slippage, 4 orders
- no order book: not counted
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$12.6
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Nado: live order book, 3 min ago; Orderly: 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 | 0.14 bp | 5.1 bp −$5 | 14.3 bp −$143 | 60.2 bp −$6,023 | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 exchanges
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 −0.0203% / S +0.0285% | 1h | 741.91 | +0.092% | $25K | — | 26x | as long as short |
| BloFin QQQ-USDT | −0.0021% | 8h | 742.00 | +0.103% | $1.1M | $241K | 20x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 741.83 | +0.080% | $22.1M | $31.0M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 741.74 | +0.068% | $5.5M | $5.7M | 25x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 741.33 | +0.013% | $3.6M | $19.8M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 742.00 | +0.103% | $17.0M | $6.0M | 20x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 742.47 | +0.167% | $2K | $1.5M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 743.02 | +0.241% | $247K | $45K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 742.26 | +0.139% | $359K | $1.7M | 10x | as long as short |
| Ondo Perps QQQ-USD.P | +0.0004% | 1h | 740.58 | −0.088% | $4.2M | $1.8M | 20x | as long as short |
GMX QQQ/USD [ETH-USDC]
BloFin QQQ-USDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Gate QQQ_USDT
Bitget QQQUSDT
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDT
Ondo Perps QQQ-USD.PShow all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus QQQ-USD | +0.0004% | 1h | 740.95 | −0.038% | $652K | $1.4M | 25x | as long as short |
| Aster QQQUSDT | +0.0007% | 8h | 742.10 | +0.117% | $855K | $915K | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0020% | 1h | 741.44 | +0.028% | $398K | $103K | 20x | as long as short |
| Bybit QQQUSDT | +0.0020% | 8h | 741.85 | +0.083% | $10.9M | $5.1M | 50x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 741.32 | +0.012% | $7.2M | $16.3M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 742.02 | +0.106% | $38.8M | $76.0M | 50x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 743.01 | +0.240% | — | $337K | 50x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0048% | 1h | 741.21 | −0.003% | $1.2M | $583K | 20x | as long as short |
| Variational Omni QQQ | +0.0078% | 8h | 742.62 | +0.187% | $16.9M | $6.9M | — | as long as short |
| Binance QQQUSDT | +0.0099% | 8h | 742.06 | +0.112% | $72.4M | $147.7M | 25x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 741.48 | +0.033% | $3.4M | $508K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 742.18 | +0.128% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythosshort | +0.0100% | 8h | 741.53 | +0.040% | $12K | $21K | 20x | |
| Aevo QQQ-PERP | +0.0104% | 1h | 741.18 | −0.007% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERPlong | +0.0117% | 1h | 741.23 | long leg | $1.6M | $776K | 20x | |
| GRVT QQQ_USDT_Perp | +0.0257% | 8h | 742.95 | +0.231% | $319K | $2.1M | 10x | as long as short |
| edgeX QQQUSDC | +0.0258% | 4h | 742.62 | +0.187% | $759K | $336K | 20x | as long as short |
| Phoenix QQQ | +0.0409% | 1h | 741.53 | +0.040% | $38K | $59K | 20x | as long as short |
Arcus QQQ-USD
Aster QQQUSDT
Deribit QQQ_USDC-PERPETUAL
Bybit QQQUSDT
Lighter QQQ
Lighter RH QQQ
Vest QQQ-USD-PERP
Coinbase International QQQ-PERP-INTX
Variational Omni QQQ
Binance QQQUSDT
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Aevo QQQ-PERP
GRVT QQQ_USDT_Perp
edgeX QQQUSDC
Phoenix QQQ