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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0143%/8h= +15.7% APRpaid last 24h +0.024%
Price spread now: Nado against BloFin−0.047%7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$260.264% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.078%+$8 on $10k
Price spread, last 4 days (all we have)−0.088%−$9 · spread now −0.047%, 7d avg −0.018%
Together, before fees−0.010%+ Points / potential airdropNado: Active · farm board−$1 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.029% cheaper against BloFin than usual: you would sell low and buy high (spread −0.047% now, against its 7-day average of −0.018%). If the spread goes back, that is −$3 on $10k: about 16 hours of funding at the current rate (+$4 a day). At the pace of the last 4 days (+0.078% in total) that is about 32 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin QQQ-USDT742.99−0.0028get 0.0028% / 8h6h 01m$1.1M$230K20x
ShortNado QQQ-PERP742.640.0116get 0.0014% / 1h1m 44s$1.6M$771K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against BloFin. 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
$30.13
Price spread: −0.047% → −0.018%
−$2.9
Slippage, 4 orders
−$7.41
Fee BloFin: 6 bp × 2 orders
−$12
Fee Nado: 3.5 bp × 2 orders
−$7
Net
$0.82
Costs to cover
0.264%
Break-even
6.8 days
Slippage from BloFin: live order book, 4 min ago; Nado: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 4 min ago0.07 bp6.1 bp −$66.8 bp −$6812.0 bp −$1,196doesn't fit
Sell Nado live order book, 5 min ago0.07 bp7.5 bp −$717.9 bp −$17958.4 bp −$5,844doesn't fit

QQQ on 28 exchanges

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 −0.0203% / S +0.0285%1h742.91−0.010%$25K26xas long as short
Ondo Perps QQQ-USD.P−0.0109%1h741.79−0.162%$4.2M$1.8M20xas long as short
BloFin QQQ-USDTlong−0.0028%8h742.99long leg$1.1M$230K20x
Aster QQQUSDT0.0000%8h742.86−0.017%$858K$900K20xas long as short
OKX QQQ-USDT-SWAP0.0000%8h742.78−0.028%$21.7M$30.2M50xas long as short
RISEx QQQ/USDC0.0000%1h742.61−0.052%$5.4M$5.7M25xas long as short
Gate QQQ_USDT0.0000%8h742.24−0.101%$3.5M$20.4M50xas long as short
Bitget QQQUSDT0.0000%8h743.12+0.017%$16.7M$5.6M20xas long as short
SunX QQQ-USDT0.0000%8h743.36+0.050%$2K$1.6M10xas long as short
Deribit QQQ_USDC-PERPETUAL0.0000%1h742.32−0.090%$398K$152K20xas long as short
Show all 28 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX QQQ-USDT0.0000%8h742.89−0.013%$251K$38K30xas long as short
Phemex QQQUSDT0.0000%8h743.26+0.036%$359K$1.6M10xas long as short
Lighter QQQ+0.0032%1h742.58−0.055%$7.5M$15.3M30xas long as short
Lighter RH QQQ+0.0032%1h743.00+0.001%$38.5M$79.0M50xas long as short
Coinbase International QQQ-PERP-INTX+0.0032%1h742.13−0.116%$1.2M$538K20xas long as short
Variational Omni QQQ+0.0034%8h742.90−0.012%$16.8M$7.2Mas long as short
Arcus QQQ-USD+0.0040%1h742.03−0.129%$658K$1.4M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h743.72+0.098%$337K50xas long as short
Bybit QQQUSDT+0.0049%8h743.06+0.009%$10.6M$4.8M50xas long as short
Binance QQQUSDT+0.0061%8h742.95−0.005%$71.6M$145.5M25xas long as short
KuCoin QQQUSDTM+0.0100%8h742.43−0.075%$3.4M$462K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h742.34−0.087%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h742.54−0.061%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h742.19−0.107%$92K$1K10xas long as short
Nado QQQ-PERPshort+0.0116%1h742.64−0.047%$1.6M$771K20x
GRVT QQQ_USDT_Perp+0.0207%8h743.25+0.035%$319K$2.0M10xas long as short
Phoenix QQQ+0.0280%1h742.55−0.059%$38K$59K20xas long as short
edgeX QQQUSDC+0.0867%4h742.95−0.006%$760K$336K20xas long as short