Funding you earn now, next payment 05:00 UTC+0.0135%/8h= +14.8% APRnext payment +$0.17 per $10,000 · paid last 24h +0.077%
Price spread now: Nado against Ondo Perps+0.056%7-day average +0.182% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.067%+$7 on $10k
+Price spread, last 7 days+0.149%+$15 · spread now +0.056%, 7d avg +0.182%
=Together, before fees+0.216%+ Points / potential airdropOndo Perps: Active · Nado: Active · farm board+$22 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.126% cheaper against Ondo Perps than usual: you would sell low and buy high (spread +0.056% now, against its 7-day average of +0.182%). If the spread goes back, that is −$13 on $10k: about 3.1 days of funding at the current rate (+$4 a day). At the pace of the last 3 days (+0.067% in total) that is about 6.4 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps QQQ-USD.P | 742.40 | −0.0043 | get 0.0005% / 1h | 37m 26s | $4.2M | $1.8M | 20x |
| Short | Nado QQQ-PERP | 742.82 | 0.0092 | get 0.0011% / 1h | 37m 26s | $1.5M | $763K | 20x |
Ondo Perps QQQ-USD.P
Nado QQQ-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Ondo Perps. 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
- $28.35
- Price spread: +0.056% → +0.182%
- −$12.6
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- $3.75
- Costs to cover
- 0.120%
- Break-even
- 6.1 days
Slippage unknown: Ondo Perps: no order-book sample; Nado: live order book, 1 min ago. 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Nado live order book, 1 min ago | 0.07 bp | 5.0 bp −$5 | 8.3 bp −$83 | 85.1 bp −$8,509 | doesn't fit |
Ondo Perps: 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 −0.0134% / S +0.0231% | 1h | 743.20 | +0.107% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.Plong | −0.0043% | 1h | 742.40 | long leg | $4.2M | $1.8M | 20x | |
| BloFin QQQ-USDT | −0.0027% | 8h | 743.11 | +0.096% | $1.1M | $256K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 743.08 | +0.092% | $840K | $714K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 743.10 | +0.094% | $10.7M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 743.01 | +0.082% | $21.4M | $26.9M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 742.77 | +0.050% | $3.3M | $20.9M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 743.27 | +0.117% | $16.9M | $5.5M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 743.22 | +0.111% | $17.1M | $7.3M | — | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 743.63 | +0.166% | $2K | $1.9M | 10x | as long as short |
GMX QQQ/USD [ETH-USDC]
BloFin QQQ-USDT
Aster QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
Bitget QQQUSDT
Variational Omni QQQ
SunX QQQ-USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International QQQ-PERP-INTX | 0.0000% | 1h | 742.64 | +0.032% | $1.2M | $536K | 20x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 743.57 | +0.158% | $257K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 743.17 | +0.104% | $358K | $1.6M | 10x | as long as short |
| Binance QQQUSDT | +0.0004% | 8h | 743.19 | +0.106% | $70.8M | $141.4M | 25x | as long as short |
| RISEx QQQ/USDC | +0.0010% | 1h | 743.19 | +0.106% | $5.4M | $7.3M | 25x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 743.00 | +0.081% | $7.7M | $15.8M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 743.41 | +0.136% | $37.0M | $78.7M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 742.55 | +0.020% | $702K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 744.19 | +0.241% | — | $337K | 50x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0071% | 8h | 743.29 | +0.120% | $315K | $1.9M | 10x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0073% | 1h | 743.01 | +0.082% | $424K | $150K | 20x | as long as short |
| Nado QQQ-PERPshort | +0.0092% | 1h | 742.82 | +0.056% | $1.5M | $763K | 20x | |
| edgeX QQQUSDC | +0.0096% | 4h | 743.10 | +0.095% | $760K | $334K | 20x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 742.89 | +0.066% | $3.4M | $339K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 742.79 | +0.053% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 742.92 | +0.070% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 742.38 | −0.003% | $92K | $1K | 10x | as long as short |
| Phoenix QQQ | +0.0118% | 1h | 742.77 | +0.050% | $38K | $66K | 20x | as long as short |
Coinbase International QQQ-PERP-INTX
HTX QQQ-USDT
Phemex QQQUSDT
Binance QQQUSDT
RISEx QQQ/USDC
Lighter QQQ
Lighter RH QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
GRVT QQQ_USDT_Perp
Deribit QQQ_USDC-PERPETUAL
edgeX QQQUSDC
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Phoenix QQQ