Funding you earn now, next payment 04:00 UTC+0.0096%/8h= +10.5% APRpaid last 24h +0.022%
Price spread now: Nado against Variational Omni−0.030%7-day average −0.015% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.009%+$1 on $10k
+Price spread, last 7 days+0.015%+$2 · spread now −0.030%, 7d avg −0.015%
=Together, before fees+0.024%+ Points / potential airdropVariational Omni: Active · Nado: Active · farm board+$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.015%, 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 | Variational Omni QQQ | 744.12 | 0 | get 0.0000% / 8h | 4h 05m | $17.1M | $7.4M | — |
| Short | Nado QQQ-PERP | 743.90 | 0.0096 | get 0.0012% / 1h | 5m 50s | $1.5M | $812K | 20x |
Variational Omni QQQ
Nado QQQ-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Variational Omni. 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
- $20.21
- Price spread: −0.030% → −0.015%
- −$1.54
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- $11.66
- Costs to cover
- 0.070%
- Break-even
- 3.0 days
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Nado: live order book, 3 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 Variational Omni RFQ quote, 3 min ago | 1.90 bp | doesn't fit | 2.5 bp −$25 | doesn't fit | doesn't fit |
| Sell Nado live order book, 3 min ago | 0.07 bp | 5.0 bp −$5 | 8.3 bp −$83 | 87.2 bp −$8,720 | 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX QQQ/USD [ETH-USDC] | L −0.0128% / S +0.0227% | 1h | 744.25 | +0.018% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0125% | 1h | 743.28 | −0.114% | $4.2M | $1.8M | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 744.28 | +0.021% | $841K | $714K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 744.25 | +0.017% | $10.7M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 744.03 | −0.013% | $21.5M | $26.9M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 744.34 | +0.029% | $5.4M | $7.4M | 25x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 743.73 | −0.053% | $3.3M | $20.8M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 744.37 | +0.033% | $16.9M | $5.6M | 20x | as long as short |
| Variational Omni QQQlong | 0.0000% | 8h | 744.12 | long leg | $17.1M | $7.4M | — | |
| SunX QQQ-USDT | 0.0000% | 8h | 744.70 | +0.077% | $2K | $1.9M | 10x | as long as short |
GMX QQQ/USD [ETH-USDC]
Ondo Perps QQQ-USD.P
Aster QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Gate QQQ_USDT
Bitget QQQUSDT
SunX QQQ-USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX QQQ-USDT | 0.0000% | 8h | 744.63 | +0.068% | $257K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 744.57 | +0.060% | $361K | $1.5M | 10x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0008% | 1h | 743.80 | −0.044% | $1.2M | $536K | 20x | as long as short |
| BloFin QQQ-USDT | +0.0019% | 8h | 744.09 | −0.005% | $1.1M | $256K | 20x | as long as short |
| Binance QQQUSDT | +0.0023% | 8h | 744.22 | +0.013% | $71.0M | $141.3M | 25x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 744.07 | −0.007% | $7.7M | $16.4M | 30x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 743.54 | −0.079% | $698K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 745.20 | +0.144% | — | $337K | 50x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0046% | 1h | 743.96 | −0.022% | $425K | $150K | 20x | as long as short |
| Lighter RH QQQ | +0.0048% | 1h | 744.47 | +0.046% | $37.0M | $79.9M | 50x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0091% | 8h | 744.38 | +0.034% | $316K | $1.9M | 10x | as long as short |
| Nado QQQ-PERPshort | +0.0096% | 1h | 743.90 | −0.030% | $1.5M | $812K | 20x | |
| KuCoin QQQUSDTM | +0.0100% | 8h | 743.90 | −0.030% | $3.4M | $355K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 743.89 | −0.032% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 743.99 | −0.018% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 743.42 | −0.095% | $93K | $1K | 10x | as long as short |
| Phoenix QQQ | +0.0129% | 1h | 743.81 | −0.042% | $38K | $66K | 20x | as long as short |
| edgeX QQQUSDC | +0.0993% | 4h | 744.11 | −0.002% | $761K | $334K | 20x | as long as short |
HTX QQQ-USDT
Phemex QQQUSDT
Coinbase International QQQ-PERP-INTX
BloFin QQQ-USDT
Binance QQQUSDT
Lighter QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
Deribit QQQ_USDC-PERPETUAL
Lighter RH QQQ
GRVT QQQ_USDT_Perp
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Phoenix QQQ
edgeX QQQUSDC