QQQ

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0220%/8h= +24.1% APRnext payment +$0.28 per $10,000 · paid last 24h +0.043%

Price spread now: Nado against GMX−0.046%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on GMX Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropNado: Active · farm boardneeds both histories

Funding pays, the price is against you. Nado is 0.046% cheaper against GMX than usual: you would sell low and buy high (spread −0.046% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 17 hours of funding at the current rate (+$7 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX QQQ/USD [ETH-USDC]	744.25	L −0.0127% / S +0.0226%	get 0.0016% / 1h	11m 39s	$25K	—	26x
Short	Nado QQQ-PERP	743.90	0.0094	get 0.0012% / 1h	11m 39s	$1.5M	$839K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against GMX. 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

Position, each leg$Hold fordaysFee GMXbpFee NadobpOrdersPrice spread, now −0.046%Rate

Funding earned: $46.26
Price spread: −0.046% → 0.000%: −$4.57
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Nado: 3.5 bp × 2 orders: −$7
Net: $22.68
Costs to cover: 0.190%
Break-even: 3.6 days

Slippage unknown: GMX: no order-book sample; Nado: live order book, 2 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 GMX no order-book sample	—	—	—	—	—
Sell Nado live order book, 2 min ago	0.07 bp	5.2 bp −$5	8.7 bp −$87	87.8 bp −$8,775	doesn't fit

GMX: 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 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
Ondo Perps QQQ-USD.P	−0.0135%	1h	743.24	−0.135%	$4.2M	$1.8M	20x	as long as short
GMX QQQ/USD [ETH-USDC]long	L −0.0127% / S +0.0226%	1h	744.25	long leg	$25K	—	26x
BloFin QQQ-USDT	−0.0002%	8h	744.15	−0.013%	$1.1M	$261K	20x	as long as short
Aster QQQUSDT	0.0000%	8h	744.23	−0.002%	$841K	$714K	20x	as long as short
Bybit QQQUSDT	0.0000%	8h	744.26	+0.002%	$10.7M	$5.0M	50x	as long as short
OKX QQQ-USDT-SWAP	0.0000%	8h	744.08	−0.022%	$21.5M	$26.9M	50x	as long as short
RISEx QQQ/USDC	0.0000%	1h	744.35	+0.014%	$5.4M	$7.4M	25x	as long as short
Gate QQQ_USDT	0.0000%	8h	743.74	−0.068%	$3.3M	$20.8M	50x	as long as short
Bitget QQQUSDT	0.0000%	8h	744.36	+0.015%	$16.9M	$5.7M	20x	as long as short
Variational Omni QQQ	0.0000%	8h	744.30	+0.008%	$17.1M	$7.4M	—	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX QQQ-USDT	0.0000%	8h	744.70	+0.061%	$2K	$1.9M	10x	as long as short
HTX QQQ-USDT	0.0000%	8h	744.65	+0.054%	$257K	$29K	30x	as long as short
Phemex QQQUSDT	0.0000%	8h	744.57	+0.044%	$363K	$1.5M	10x	as long as short
Coinbase International QQQ-PERP-INTX	+0.0008%	1h	743.80	−0.060%	$1.2M	$536K	20x	as long as short
Binance QQQUSDT	+0.0025%	8h	744.24	−0.001%	$71.0M	$141.5M	25x	as long as short
Lighter QQQ	+0.0032%	1h	744.10	−0.019%	$7.7M	$16.4M	30x	as long as short
Arcus QQQ-USD	+0.0040%	1h	743.62	−0.084%	$698K	$1.6M	25x	as long as short
Vest QQQ-USD-PERP	+0.0046%	1h	745.21	+0.130%	—	$337K	50x	as long as short
Lighter RH QQQ	+0.0048%	1h	744.51	+0.036%	$37.0M	$79.7M	50x	as long as short
Deribit QQQ_USDC-PERPETUAL	+0.0086%	1h	744.02	−0.030%	$425K	$150K	20x	as long as short
GRVT QQQ_USDT_Perp	+0.0092%	8h	744.39	+0.019%	$324K	$1.9M	10x	as long as short
Nado QQQ-PERPshort	+0.0094%	1h	743.90	−0.046%	$1.5M	$839K	20x
KuCoin QQQUSDTM	+0.0100%	8h	743.96	−0.038%	$3.4M	$362K	20x	as long as short
ApeX Omni QQQUSDT	+0.0100%	1h	743.90	−0.046%	$20K	$2.2M	50x	as long as short
Orderly PERP_QQQ_USDC_mythos	+0.0100%	8h	743.99	−0.034%	$12K	$21K	20x	as long as short
Aevo QQQ-PERP	+0.0104%	1h	743.43	−0.110%	$93K	$1K	10x	as long as short
Phoenix QQQ	+0.0129%	1h	743.94	−0.041%	$38K	$66K	20x	as long as short
edgeX QQQUSDC	+0.0627%	4h	744.18	−0.008%	$761K	$336K	20x	as long as short