Funding you earn now, next payment 02:00 UTC−0.0045%/8h= −4.9% APRnext payment −$0.06 per $10,000 · paid last 24h −0.018%
Price spread now: Nado against RISEx−0.052%7-day average −0.033% · 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−$19as in the Price arb table
costs, in and out, $10k−$170.170% of the position
Funding, last 3 days (all we have)−0.152%−$15 on $10k
+Price spread, last 7 days+0.040%+$4 · spread now −0.052%, 7d avg −0.033%
=Together, before fees−0.112%+ Points / potential airdropNado: Active · farm board−$11 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.033%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx QQQ/USDC | 744.52 | 0.0168 | pay 0.0021% / 1h | 12m 45s | $5.4M | $8.0M | 25x |
| Short | Nado QQQ-PERP | 744.14 | 0.0123 | get 0.0015% / 1h | 12m 45s | $1.5M | $952K | 20x |
RISEx QQQ/USDC
Nado QQQ-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against RISEx. 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
- −$9.46
- Price spread: −0.052% → −0.033%
- −$1.9
- Slippage, 4 orders
- −$3.96
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$28.32
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage from RISEx: live order book, 1 min ago; Nado: live order book, 1 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 RISEx live order book, 1 min ago | 0.07 bp | 4.2 bp −$4 | 4.6 bp −$46 | doesn't fit | doesn't fit |
| Sell Nado live order book, 1 min ago | 0.07 bp | 5.0 bp −$5 | 8.2 bp −$82 | 86.4 bp −$8,636 | doesn't fit |
QQQ on 27 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 −0.0102% / S +0.0206% | 1h | 744.37 | −0.021% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0086% | 1h | 743.56 | −0.130% | $4.2M | $1.9M | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 744.52 | −0.001% | $10.7M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 744.32 | −0.028% | $21.7M | $26.5M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 744.09 | −0.058% | $3.3M | $23.4M | 50x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 745.01 | +0.065% | $2K | $2.1M | 10x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | 0.0000% | 1h | 743.98 | −0.073% | $425K | $148K | 20x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 744.57 | +0.006% | $257K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 744.64 | +0.015% | $361K | $1.4M | 10x | as long as short |
| Aster QQQUSDT | +0.0005% | 8h | 744.34 | −0.025% | $841K | $712K | 20x | as long as short |
GMX QQQ/USD [ETH-USDC]
Ondo Perps QQQ-USD.P
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
SunX QQQ-USDT
Deribit QQQ_USDC-PERPETUAL
HTX QQQ-USDT
Phemex QQQUSDT
Aster QQQUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget QQQUSDT | +0.0023% | 8h | 744.51 | −0.002% | $16.9M | $5.8M | 20x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 744.14 | −0.052% | $7.7M | $17.8M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 744.57 | +0.006% | $37.4M | $80.3M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 743.65 | −0.118% | $705K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 745.34 | +0.109% | — | $337K | 50x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0048% | 1h | 744.08 | −0.060% | $1.2M | $538K | 20x | as long as short |
| Variational Omni QQQ | +0.0056% | 8h | 744.43 | −0.013% | $17.1M | $7.6M | — | as long as short |
| Binance QQQUSDT | +0.0082% | 8h | 744.37 | −0.021% | $71.0M | $147.3M | 25x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 744.09 | −0.058% | $3.4M | $412K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 744.12 | −0.054% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 744.11 | −0.056% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 743.60 | −0.124% | $93K | $1K | 10x | as long as short |
| Nado QQQ-PERPshort | +0.0123% | 1h | 744.14 | −0.052% | $1.5M | $952K | 20x | |
| RISEx QQQ/USDClong | +0.0168% | 1h | 744.52 | long leg | $5.4M | $8.0M | 25x | |
| Phoenix QQQ | +0.0183% | 1h | 744.18 | −0.046% | $38K | $66K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0192% | 8h | 744.72 | +0.026% | $322K | $1.9M | 10x | as long as short |
| edgeX QQQUSDC | +0.0657% | 4h | 744.44 | −0.011% | $761K | $336K | 20x | as long as short |
Bitget QQQUSDT
Lighter QQQ
Lighter RH QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
Coinbase International QQQ-PERP-INTX
Variational Omni QQQ
Binance QQQUSDT
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Phoenix QQQ
GRVT QQQ_USDT_Perp
edgeX QQQUSDC