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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0077%/8h= +8.4% APRnext payment +$0.10 per $10,000 · paid last 24h +0.030%
Price spread now: Nado against Vest−0.183%7-day average −0.161% · 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)−0.010%−$1 on $10k
Price spread, last 4 days (all we have)+0.132%+$13 · spread now −0.183%, 7d avg −0.161%
Together, before fees+0.123%+ Points / potential airdropVest: Active · Nado: Active · farm board+$12 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.022% cheaper against Vest than usual: you would sell low and buy high (spread −0.183% now, against its 7-day average of −0.161%). If the spread goes back, that is −$2 on $10k: about 23 hours of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest QQQ-USD-PERP745.510.0046pay 0.0006% / 1h14m 46s$337K50x
ShortNado QQQ-PERP744.140.0123get 0.0015% / 1h14m 46s$1.5M$952K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Vest. 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
$16.16
Price spread: −0.183% → −0.161%
−$2.2
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Nado: 3.5 bp × 2 orders
−$7
Net
$4.96
Costs to cover
0.090%
Break-even
4.9 days
Slippage unknown: Vest: no order-book sample; Nado: live order book, 4 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 Vest no order-book sample
Sell Nado live order book, 4 min ago0.07 bp4.8 bp −$58.3 bp −$8388.3 bp −$8,831doesn't fit
Vest: 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 27 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
GMX QQQ/USD [ETH-USDC]L −0.0101% / S +0.0206%1h744.59−0.124%$25K26xas long as short
Ondo Perps QQQ-USD.P−0.0091%1h743.32−0.294%$4.2M$1.9M20xas long as short
Bybit QQQUSDT0.0000%8h744.64−0.117%$10.7M$5.0M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h744.47−0.140%$21.7M$26.4M50xas long as short
Gate QQQ_USDT0.0000%8h744.10−0.189%$3.3M$23.3M50xas long as short
SunX QQQ-USDT0.0000%8h745.03−0.064%$2K$2.1M10xas long as short
HTX QQQ-USDT0.0000%8h745.25−0.035%$258K$29K30xas long as short
Phemex QQQUSDT0.0000%8h744.91−0.080%$359K$1.4M10xas long as short
Aster QQQUSDT+0.0006%8h744.46−0.141%$841K$712K20xas long as short
Bitget QQQUSDT+0.0027%8h744.60−0.122%$16.9M$5.9M20xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter QQQ+0.0032%1h744.32−0.160%$7.7M$17.8M30xas long as short
Lighter RH QQQ+0.0032%1h744.75−0.102%$37.4M$80.3M50xas long as short
Arcus QQQ-USD+0.0040%1h743.68−0.245%$705K$1.6M25xas long as short
Vest QQQ-USD-PERPlong+0.0046%1h745.51long leg$337K50x
Coinbase International QQQ-PERP-INTX+0.0048%1h744.11−0.188%$1.2M$538K20xas long as short
Variational Omni QQQ+0.0056%8h744.43−0.145%$17.1M$7.6Mas long as short
Binance QQQUSDT+0.0082%8h744.54−0.130%$71.1M$147.2M25xas long as short
KuCoin QQQUSDTM+0.0100%8h744.27−0.166%$3.4M$412K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h744.10−0.189%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h744.30−0.162%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h743.77−0.233%$93K$1K10xas long as short
Nado QQQ-PERPshort+0.0123%1h744.14−0.183%$1.5M$952K20x
RISEx QQQ/USDC+0.0168%1h744.59−0.123%$5.4M$8.0M25xas long as short
Phoenix QQQ+0.0183%1h744.18−0.178%$38K$66K20xas long as short
GRVT QQQ_USDT_Perp+0.0198%8h744.63−0.118%$320K$1.8M10xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0207%1h744.38−0.152%$425K$148K20xas long as short
edgeX QQQUSDC+0.0490%4h744.37−0.153%$761K$335K20xas long as short