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 − 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−$310.305% of the position
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado QQQ-PERP | 742.93 | 0.0121 | pay 0.0015% / 1h | 7m 38s | $1.5M | $749K | 20x |
| Short | ApeX Omni QQQUSDT | 742.75 | 0.0100 | get 0.0013% / 1h | 7m 38s | $20K | $2.2M | 50x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Nado live order book, 1 min ago | 0.07 bp | 4.9 bp −$5 | 8.1 bp −$81 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 1 min ago | 3.77 bp | 11.1 bp −$11 | 51.9 bp −$519 | doesn't fit | 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 −0.0152% / S +0.0246% | 1h | 743.21 | +0.037% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0006% | 1h | 742.19 | −0.100% | $4.2M | $1.8M | 20x | as long as short |
| BloFin QQQ-USDT | −0.0004% | 8h | 742.84 | −0.012% | $1.1M | $278K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 742.84 | −0.012% | $824K | $857K | 20x | as long as short |
| Binance QQQUSDT | 0.0000% | 8h | 743.26 | +0.044% | $70.0M | $145.1M | 25x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 743.28 | +0.047% | $10.6M | $5.2M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 743.04 | +0.015% | $21.5M | $28.3M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 743.13 | +0.027% | $5.4M | $6.7M | 25x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 742.56 | −0.050% | $3.3M | $21.4M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 743.30 | +0.050% | $16.6M | $5.6M | 20x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni QQQ | 0.0000% | 8h | 743.18 | +0.034% | $16.9M | $7.3M | — | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 743.64 | +0.095% | $2K | $1.8M | 10x | as long as short |
| Coinbase International QQQ-PERP-INTX | 0.0000% | 1h | 742.77 | −0.022% | $1.2M | $541K | 20x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 743.39 | +0.062% | $251K | $41K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 743.54 | +0.082% | $360K | $1.6M | 10x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 743.09 | +0.021% | $7.6M | $15.8M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 743.40 | +0.063% | $37.0M | $81.0M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 742.20 | −0.098% | $689K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 744.11 | +0.159% | — | $337K | 50x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0095% | 8h | 743.38 | +0.061% | $316K | $2.0M | 10x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 742.83 | −0.014% | $3.4M | $364K | 20x | as long as short |
| ApeX Omni QQQUSDTshort | +0.0100% | 1h | 742.75 | −0.024% | $20K | $2.2M | 50x | |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 742.91 | −0.003% | $12K | $21K | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0100% | 1h | 742.97 | +0.005% | $424K | $152K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 742.40 | −0.072% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERPlong | +0.0121% | 1h | 742.93 | long leg | $1.5M | $749K | 20x | |
| Phoenix QQQ | +0.0129% | 1h | 742.54 | −0.053% | $38K | $66K | 20x | as long as short |
| edgeX QQQUSDC | +0.0987% | 4h | 743.21 | +0.037% | $760K | $334K | 20x | as long as short |
ApeX Omni QQQUSDT
GMX QQQ/USD [ETH-USDC]
BloFin QQQ-USDT
Aster QQQUSDT
Binance QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Gate QQQ_USDT
Bitget QQQUSDT
Variational Omni QQQ
SunX QQQ-USDT
Coinbase International QQQ-PERP-INTX
HTX QQQ-USDT
Phemex QQQUSDT
Lighter QQQ
Lighter RH QQQ
GRVT QQQ_USDT_Perp
KuCoin QQQUSDTM
Deribit QQQ_USDC-PERPETUAL
Phoenix QQQ
edgeX QQQUSDC