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

QQQ

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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0021%/8h= −2.3% APRnext payment $0.03 per $10,000 · paid last 24h −0.009%
Price spread now: ApeX Omni against Nado−0.024%59s7-day average −0.041% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$310.305% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.062%+$6 on $10k
Price spread, last 7 days−0.033%−$3 · spread now −0.024%, 7d avg −0.041%
Together, before fees+0.030%+ Points / potential airdropNado: Active · farm board+$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.041%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair paid +0.062%, so the current rate has only just turned against you. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado QQQ-PERP742.930.0121pay 0.0015% / 1h7m 38s$1.5M$749K20x
ShortApeX Omni QQQUSDT742.750.0100get 0.0013% / 1h7m 38s$20K$2.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Nado. 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
−$4.48
Price spread: −0.024% → −0.041%
$1.6
Slippage, 4 orders
−$13.53
Fee Nado: 3.5 bp × 2 orders
−$7
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$33.41
Costs to cover
0.305%
Break-even
never at this rate
Slippage from Nado: live order book, 1 min ago; ApeX Omni: live order book, 1 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 Nado live order book, 1 min ago0.07 bp4.9 bp −$58.1 bp −$81doesn't fitdoesn't fit
Sell ApeX Omni live order book, 1 min ago3.77 bp11.1 bp −$1151.9 bp −$519doesn't fitdoesn't fit

QQQ on 28 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 −0.0152% / S +0.0246%1h743.21+0.037%$25K26xas long as short
Ondo Perps QQQ-USD.P−0.0006%1h742.19−0.100%$4.2M$1.8M20xas long as short
BloFin QQQ-USDT−0.0004%8h742.84−0.012%$1.1M$278K20xas long as short
Aster QQQUSDT0.0000%8h742.84−0.012%$824K$857K20xas long as short
Binance QQQUSDT0.0000%8h743.26+0.044%$70.0M$145.1M25xas long as short
Bybit QQQUSDT0.0000%8h743.28+0.047%$10.6M$5.2M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h743.04+0.015%$21.5M$28.3M50xas long as short
RISEx QQQ/USDC0.0000%1h743.13+0.027%$5.4M$6.7M25xas long as short
Gate QQQ_USDT0.0000%8h742.56−0.050%$3.3M$21.4M50xas long as short
Bitget QQQUSDT0.0000%8h743.30+0.050%$16.6M$5.6M20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni QQQ0.0000%8h743.18+0.034%$16.9M$7.3Mas long as short
SunX QQQ-USDT0.0000%8h743.64+0.095%$2K$1.8M10xas long as short
Coinbase International QQQ-PERP-INTX0.0000%1h742.77−0.022%$1.2M$541K20xas long as short
HTX QQQ-USDT0.0000%8h743.39+0.062%$251K$41K30xas long as short
Phemex QQQUSDT0.0000%8h743.54+0.082%$360K$1.6M10xas long as short
Lighter QQQ+0.0032%1h743.09+0.021%$7.6M$15.8M30xas long as short
Lighter RH QQQ+0.0032%1h743.40+0.063%$37.0M$81.0M50xas long as short
Arcus QQQ-USD+0.0040%1h742.20−0.098%$689K$1.6M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h744.11+0.159%$337K50xas long as short
GRVT QQQ_USDT_Perp+0.0095%8h743.38+0.061%$316K$2.0M10xas long as short
KuCoin QQQUSDTM+0.0100%8h742.83−0.014%$3.4M$364K20xas long as short
ApeX Omni QQQUSDTshort+0.0100%1h742.75−0.024%$20K$2.2M50x
Orderly PERP_QQQ_USDC_mythos+0.0100%8h742.91−0.003%$12K$21K20xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0100%1h742.97+0.005%$424K$152K20xas long as short
Aevo QQQ-PERP+0.0104%1h742.40−0.072%$92K$1K10xas long as short
Nado QQQ-PERPlong+0.0121%1h742.93long leg$1.5M$749K20x
Phoenix QQQ+0.0129%1h742.54−0.053%$38K$66K20xas long as short
edgeX QQQUSDC+0.0987%4h743.21+0.037%$760K$334K20xas long as short