Funding you earn now, next payment 04:00 UTC+0.0096%/8h= +10.5% APRpaid last 24h +0.039%
Price spread now: Nado against OKX−0.020%7-day average −0.023% · 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−$20as in the Price arb table
costs, in and out, $10k−$200.200% of the position
Funding, last 3 days (all we have)+0.034%+$3 on $10k
+Price spread, last 7 days+0.029%+$3 · spread now −0.020%, 7d avg −0.023%
=Together, before fees+0.063%+ Points / potential airdropNado: Active · farm board+$6 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.023%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX QQQ-USDT-SWAP | 744.29 | 0 | get 0.0000% / 8h | 4h 34m | $21.5M | $26.9M | 50x |
| Short | Nado QQQ-PERP | 744.14 | 0.0096 | get 0.0012% / 1h | 34m 54s | $1.5M | $876K | 20x |
OKX QQQ-USDT-SWAP
Nado QQQ-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against OKX. 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
- $20.07
- Price spread: −0.020% → −0.023%
- $0.32
- Slippage, 4 orders
- −$2.99
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- $0.4
- Costs to cover
- 0.200%
- Break-even
- 6.9 days
Slippage from OKX: live order book, 4 min ago; Nado: live order book, 4 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 OKX live order book, 4 min ago | 0.07 bp | 5.1 bp −$5 | 6.4 bp −$64 | 13.5 bp −$1,347 | doesn't fit |
| Sell Nado live order book, 4 min ago | 0.13 bp | 4.8 bp −$5 | 7.7 bp −$77 | 87.4 bp −$8,737 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps QQQ-USD.P | −0.0143% | 1h | 743.21 | −0.145% | $4.2M | $1.8M | 20x | as long as short |
| GMX QQQ/USD [ETH-USDC] | L −0.0122% / S +0.0222% | 1h | 744.47 | +0.024% | $25K | — | 26x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 744.43 | +0.019% | $841K | $714K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 744.35 | +0.008% | $10.7M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAPlong | 0.0000% | 8h | 744.29 | long leg | $21.5M | $26.9M | 50x | |
| RISEx QQQ/USDC | 0.0000% | 1h | 744.53 | +0.033% | $5.4M | $7.5M | 25x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 743.94 | −0.047% | $3.3M | $20.8M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 744.61 | +0.043% | $16.9M | $5.7M | 20x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 744.96 | +0.090% | $2K | $1.9M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 744.81 | +0.070% | $257K | $29K | 30x | as long as short |
Ondo Perps QQQ-USD.P
GMX QQQ/USD [ETH-USDC]
Aster QQQUSDT
Bybit QQQUSDT
RISEx QQQ/USDC
Gate QQQ_USDT
Bitget QQQUSDT
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 | 744.89 | +0.081% | $362K | $1.5M | 10x | as long as short |
| Variational Omni QQQ | +0.0002% | 8h | 744.38 | +0.013% | $17.1M | $7.5M | — | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0008% | 1h | 743.96 | −0.044% | $1.2M | $536K | 20x | as long as short |
| BloFin QQQ-USDT | +0.0026% | 8h | 744.30 | +0.001% | $1.1M | $271K | 20x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 744.29 | 0.000% | $7.7M | $16.3M | 30x | as long as short |
| Binance QQQUSDT | +0.0040% | 8h | 744.41 | +0.016% | $71.1M | $141.8M | 25x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 743.76 | −0.071% | $700K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 745.44 | +0.155% | — | $337K | 50x | as long as short |
| Lighter RH QQQ | +0.0048% | 1h | 744.77 | +0.064% | $36.9M | $78.9M | 50x | as long as short |
| Nado QQQ-PERPshort | +0.0096% | 1h | 744.14 | −0.020% | $1.5M | $876K | 20x | |
| KuCoin QQQUSDTM | +0.0100% | 8h | 744.11 | −0.024% | $3.4M | $388K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 744.11 | −0.024% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 744.19 | −0.013% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 743.67 | −0.084% | $93K | $1K | 10x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0110% | 8h | 744.62 | +0.044% | $319K | $1.9M | 10x | as long as short |
| Phoenix QQQ | +0.0129% | 1h | 744.01 | −0.038% | $38K | $66K | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0274% | 1h | 744.41 | +0.016% | $425K | $149K | 20x | as long as short |
| edgeX QQQUSDC | +0.0680% | 4h | 744.36 | +0.010% | $761K | $334K | 20x | as long as short |
Phemex QQQUSDT
Variational Omni QQQ
Coinbase International QQQ-PERP-INTX
BloFin QQQ-USDT
Lighter QQQ
Binance QQQUSDT
Arcus QQQ-USD
Vest QQQ-USD-PERP
Lighter RH QQQ
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
GRVT QQQ_USDT_Perp
Phoenix QQQ
Deribit QQQ_USDC-PERPETUAL
edgeX QQQUSDC