Funding you earn now, next payment 10:00 UTC+0.0068%/8h= +7.4% APRnext payment +$0.08 per $10,000 · paid last 24h +0.009%
Price spread now: Nado against ApeX Omni+0.053%7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$350.346% of the position
Funding, last 4 days (all we have)−0.061%−$6 on $10k
+Price spread, last 7 days+0.018%+$2 · spread now +0.053%, 7d avg +0.039%
=Together, before fees−0.043%+ Points / potential airdropNado: Active · farm board−$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.039%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. Mind the row above: over the last 4 days funding on this pair cost −0.061%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni QQQUSDT | 742.58 | 0.0100 | pay 0.0013% / 1h | 59m 18s | $20K | $2.2M | 50x |
| Short | Nado QQQ-PERP | 742.98 | 0.0168 | get 0.0021% / 1h | 59m 18s | $1.6M | $769K | 20x |
ApeX Omni QQQUSDT
Nado QQQ-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against ApeX 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
- $14.2
- Price spread: +0.053% → +0.039%
- $1.41
- Slippage, 4 orders
- −$17.6
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$19
- Costs to cover
- 0.346%
- Break-even
- 16.4 days
Slippage from ApeX Omni: live order book, 3 min ago; Nado: live order book, 2 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 ApeX Omni live order book, 3 min ago | 3.77 bp | 11.0 bp −$11 | 40.4 bp −$404 | doesn't fit | doesn't fit |
| Sell Nado live order book, 2 min ago | 0.07 bp | 6.4 bp −$6 | 18.5 bp −$185 | 62.5 bp −$6,249 | doesn't fit |
QQQ on 28 exchanges
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 −0.0203% / S +0.0285% | 1h | 743.64 | +0.143% | $25K | — | 26x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 743.25 | +0.090% | $855K | $903K | 20x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 743.02 | +0.059% | $21.7M | $30.2M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 743.05 | +0.064% | $5.5M | $5.7M | 25x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 742.78 | +0.027% | $3.5M | $19.8M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 743.26 | +0.092% | $17.0M | $5.9M | 20x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 743.96 | +0.186% | $2K | $1.6M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 743.48 | +0.121% | $251K | $38K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 743.52 | +0.127% | $361K | $1.6M | 10x | as long as short |
| Ondo Perps QQQ-USD.P | +0.0001% | 1h | 742.28 | −0.040% | $4.2M | $1.8M | 20x | as long as short |
GMX QQQ/USD [ETH-USDC]
Aster QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Gate QQQ_USDT
Bitget QQQUSDT
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDT
Ondo Perps QQQ-USD.PShow all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin QQQ-USDT | +0.0027% | 8h | 742.95 | +0.050% | $1.1M | $230K | 20x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 742.79 | +0.028% | $7.5M | $15.0M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 743.40 | +0.110% | $38.5M | $76.0M | 50x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0032% | 1h | 742.73 | +0.020% | $1.2M | $540K | 20x | as long as short |
| Variational Omni QQQ | +0.0036% | 8h | 742.92 | +0.046% | $16.8M | $7.0M | — | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 742.27 | −0.042% | $658K | $1.4M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 743.99 | +0.190% | — | $337K | 50x | as long as short |
| Bybit QQQUSDT | +0.0055% | 8h | 743.38 | +0.108% | $10.6M | $4.8M | 50x | as long as short |
| Binance QQQUSDT | +0.0064% | 8h | 743.19 | +0.082% | $71.6M | $145.8M | 25x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 742.63 | +0.007% | $3.4M | $461K | 20x | as long as short |
| ApeX Omni QQQUSDTlong | +0.0100% | 1h | 742.58 | long leg | $20K | $2.2M | 50x | |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 742.94 | +0.048% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 742.39 | −0.025% | $92K | $1K | 10x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0114% | 1h | 742.78 | +0.027% | $399K | $148K | 20x | as long as short |
| edgeX QQQUSDC | +0.0166% | 4h | 742.84 | +0.035% | $760K | $337K | 20x | as long as short |
| Nado QQQ-PERPshort | +0.0168% | 1h | 742.98 | +0.053% | $1.6M | $769K | 20x | |
| GRVT QQQ_USDT_Perp | +0.0208% | 8h | 743.29 | +0.095% | $319K | $2.0M | 10x | as long as short |
| Phoenix QQQ | +0.0280% | 1h | 742.89 | +0.042% | $38K | $59K | 20x | as long as short |
BloFin QQQ-USDT
Lighter QQQ
Lighter RH QQQ
Coinbase International QQQ-PERP-INTX
Variational Omni QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
Bybit QQQUSDT
Binance QQQUSDT
KuCoin QQQUSDTM
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Deribit QQQ_USDC-PERPETUAL
edgeX QQQUSDC
GRVT QQQ_USDT_Perp
Phoenix QQQ