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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0006%/8h= −0.6% APRpaid last 24h +0.012%
Price spread now: Nado against Orderly−0.013%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropNado: Active · farm boardneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_QQQ_USDC_mythos743.990.0100pay 0.0100% / 8h4h 11m$12K$21K20x
ShortNado QQQ-PERP743.890.0094get 0.0012% / 1h11m 22s$1.5M$839K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Orderly. 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
−$1.18
Price spread: −0.013% → 0.000%
−$1.28
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$15.47
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; Nado: live order book, 2 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Orderly no order-book sample
Sell Nado live order book, 2 min ago0.07 bp5.2 bp −$58.7 bp −$8787.8 bp −$8,775doesn't fit
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 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
Ondo Perps QQQ-USD.P−0.0135%1h743.24−0.101%$4.2M$1.8M20xas long as short
GMX QQQ/USD [ETH-USDC]L −0.0127% / S +0.0226%1h744.25+0.034%$25K26xas long as short
BloFin QQQ-USDT0.0000%8h744.14+0.020%$1.1M$261K20xas long as short
Aster QQQUSDT0.0000%8h744.25+0.034%$841K$714K20xas long as short
Bybit QQQUSDT0.0000%8h744.27+0.038%$10.7M$5.0M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h744.08+0.012%$21.5M$26.9M50xas long as short
RISEx QQQ/USDC0.0000%1h744.35+0.049%$5.4M$7.4M25xas long as short
Gate QQQ_USDT0.0000%8h743.69−0.040%$3.3M$20.8M50xas long as short
Bitget QQQUSDT0.0000%8h744.36+0.050%$16.9M$5.7M20xas long as short
Variational Omni QQQ0.0000%8h744.30+0.042%$17.1M$7.4Mas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX QQQ-USDT0.0000%8h744.70+0.095%$2K$1.9M10xas long as short
HTX QQQ-USDT0.0000%8h744.65+0.089%$257K$29K30xas long as short
Phemex QQQUSDT0.0000%8h744.85+0.116%$362K$1.5M10xas long as short
Coinbase International QQQ-PERP-INTX+0.0008%1h743.80−0.026%$1.2M$536K20xas long as short
Binance QQQUSDT+0.0025%8h744.23+0.033%$71.0M$141.5M25xas long as short
Lighter QQQ+0.0032%1h744.10+0.015%$7.7M$16.4M30xas long as short
Arcus QQQ-USD+0.0040%1h743.62−0.050%$698K$1.6M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h745.20+0.163%$337K50xas long as short
Lighter RH QQQ+0.0048%1h744.51+0.070%$37.0M$79.7M50xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0086%1h744.00+0.001%$425K$150K20xas long as short
GRVT QQQ_USDT_Perp+0.0092%8h744.39+0.054%$324K$1.9M10xas long as short
Nado QQQ-PERPshort+0.0094%1h743.89−0.013%$1.5M$839K20x
KuCoin QQQUSDTM+0.0100%8h743.95−0.005%$3.4M$362K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h743.90−0.012%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythoslong+0.0100%8h743.99long leg$12K$21K20x
Aevo QQQ-PERP+0.0104%1h743.42−0.077%$93K$1K10xas long as short
Phoenix QQQ+0.0129%1h743.93−0.008%$38K$66K20xas long as short
edgeX QQQUSDC+0.0627%4h744.18+0.026%$761K$336K20xas long as short