Funding you earn now, next payment 06:00 UTC+0.0121%/8h= +13.3% APRpaid last 24h +0.039%
Price spread now: Nado against Gate+0.037%50s7-day average −0.010% · 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—prices read too far apart to compare
costs, in and out, $10k−$300.303% of the position
Funding, last 3 days (all we have)+0.051%+$5 on $10k
+Price spread, last 7 days−0.097%−$10 · spread now +0.037%, 7d avg −0.010%
=Together, before fees−0.046%+ Points / potential airdropNado: Active · farm board−$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Nado is 0.047% dearer against Gate than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.010%. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate QQQ_USDT | 741.93 | 0 | get 0.0000% / 8h | 2h 44m | $3.3M | $21.3M | 50x |
| Short | Nado QQQ-PERP | 742.21 | 0.0121 | get 0.0015% / 1h | 44m 37s | $1.5M | $761K | 20x |
Gate QQQ_USDT
Nado QQQ-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Gate. 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
- $25.5
- Price spread: +0.037% → −0.010%
- $4.68
- Slippage, 4 orders
- −$8.32
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$0.14
- Costs to cover
- 0.303%
- Break-even
- 7.0 days
Slippage from Gate: live order book, 4 min ago; Nado: live order book, 4 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 Gate live order book, 4 min ago | 1.01 bp | 11.1 bp −$11 | 16.9 bp −$169 | doesn't fit | doesn't fit |
| Sell Nado live order book, 4 min ago | 0.07 bp | 5.3 bp −$5 | 9.5 bp −$95 | 86.0 bp −$8,597 | 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 −0.0145% / S +0.0240% | 1h | 742.63 | +0.094% | $25K | — | 26x | as long as short |
| BloFin QQQ-USDT | −0.0021% | 8h | 742.35 | +0.057% | $1.1M | $246K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 742.56 | +0.085% | $824K | $857K | 20x | as long as short |
| Binance QQQUSDT | 0.0000% | 8h | 742.58 | +0.088% | $69.9M | $142.9M | 25x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 742.66 | +0.098% | $10.7M | $5.1M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 742.34 | +0.055% | $21.6M | $27.9M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 742.58 | +0.088% | $5.4M | $7.1M | 25x | as long as short |
| Gate QQQ_USDTlong | 0.0000% | 8h | 741.93 | long leg | $3.3M | $21.3M | 50x | |
| Bitget QQQUSDT | 0.0000% | 8h | 742.69 | +0.102% | $16.6M | $5.7M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 742.44 | +0.068% | $17.0M | $7.2M | — | as long as short |
GMX QQQ/USD [ETH-USDC]
BloFin QQQ-USDT
Aster QQQUSDT
Binance QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Bitget QQQUSDT
Variational Omni QQQShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX QQQ-USDT | 0.0000% | 8h | 743.09 | +0.156% | $2K | $1.9M | 10x | as long as short |
| Coinbase International QQQ-PERP-INTX | 0.0000% | 1h | 742.10 | +0.023% | $1.2M | $538K | 20x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 742.85 | +0.124% | $252K | $38K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 743.09 | +0.156% | $360K | $1.6M | 10x | as long as short |
| Ondo Perps QQQ-USD.P | +0.0010% | 1h | 741.73 | −0.027% | $4.2M | $1.8M | 20x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 742.47 | +0.073% | $7.7M | $15.5M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 742.82 | +0.120% | $36.9M | $78.6M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 741.72 | −0.028% | $702K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 743.54 | +0.217% | — | $337K | 50x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0078% | 8h | 742.73 | +0.108% | $319K | $1.9M | 10x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 742.22 | +0.039% | $3.4M | $351K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 742.16 | +0.031% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 742.28 | +0.047% | $12K | $21K | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0100% | 1h | 742.42 | +0.066% | $424K | $151K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 741.77 | −0.022% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERPshort | +0.0121% | 1h | 742.21 | +0.037% | $1.5M | $761K | 20x | |
| Phoenix QQQ | +0.0129% | 1h | 742.06 | +0.018% | $38K | $66K | 20x | as long as short |
| edgeX QQQUSDC | +0.0297% | 4h | 742.49 | +0.075% | $759K | $336K | 20x | as long as short |
SunX QQQ-USDT
Coinbase International QQQ-PERP-INTX
HTX QQQ-USDT
Phemex QQQUSDT
Ondo Perps QQQ-USD.P
Lighter QQQ
Lighter RH QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
GRVT QQQ_USDT_Perp
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Deribit QQQ_USDC-PERPETUAL
Aevo QQQ-PERP
Phoenix QQQ
edgeX QQQUSDC