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

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0096%/8h= −10.5% APRpaid last 24h −0.015%
Price spread now: BloFin against Nado+0.033%7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$220.221% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.071%−$7 on $10k
Price spread, last 4 days (all we have)+0.101%+$10 · spread now +0.033%, 7d avg +0.018%
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 +0.018%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado QQQ-PERP743.900.0094pay 0.0012% / 1h11m 48s$1.5M$839K20x
ShortBloFin QQQ-USDT744.15−0.0002pay 0.0002% / 8h4h 11m$1.1M$261K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
−$20.11
Price spread: +0.033% → +0.018%
$1.5
Slippage, 4 orders
−$3.13
Fee Nado: 3.5 bp × 2 orders
−$7
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$40.73
Costs to cover
0.221%
Break-even
never at this rate
Slippage from Nado: live order book, 2 min ago; BloFin: live order book, just now.

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, 2 min ago0.07 bp4.6 bp −$57.3 bp −$73doesn't fitdoesn't fit
Sell BloFin live order book, just now0.13 bp6.1 bp −$66.8 bp −$6810.5 bp −$1,055doesn'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
Ondo Perps QQQ-USD.P−0.0137%1h743.24−0.089%$4.2M$1.8M20xas long as short
GMX QQQ/USD [ETH-USDC]L −0.0127% / S +0.0226%1h744.25+0.046%$25K26xas long as short
BloFin QQQ-USDTshort−0.0002%8h744.15+0.033%$1.1M$261K20x
Aster QQQUSDT0.0000%8h744.25+0.046%$841K$714K20xas long as short
Bybit QQQUSDT0.0000%8h744.27+0.049%$10.7M$5.0M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h744.08+0.024%$21.5M$26.9M50xas long as short
RISEx QQQ/USDC0.0000%1h744.35+0.060%$5.4M$7.4M25xas long as short
Gate QQQ_USDT0.0000%8h743.69−0.029%$3.3M$20.8M50xas long as short
Bitget QQQUSDT0.0000%8h744.36+0.061%$16.9M$5.7M20xas long as short
Variational Omni QQQ0.0000%8h744.30+0.054%$17.1M$7.4Mas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX QQQ-USDT0.0000%8h744.70+0.107%$2K$1.9M10xas long as short
HTX QQQ-USDT0.0000%8h744.65+0.100%$257K$29K30xas long as short
Phemex QQQUSDT0.0000%8h744.57+0.089%$363K$1.5M10xas long as short
Coinbase International QQQ-PERP-INTX+0.0008%1h743.80−0.014%$1.2M$536K20xas long as short
Binance QQQUSDT+0.0026%8h744.24+0.045%$71.0M$141.5M25xas long as short
Lighter QQQ+0.0032%1h744.10+0.026%$7.7M$16.4M30xas long as short
Arcus QQQ-USD+0.0040%1h743.65−0.034%$698K$1.6M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h745.21+0.175%$337K50xas long as short
Lighter RH QQQ+0.0048%1h744.52+0.083%$37.0M$79.7M50xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0086%1h744.02+0.016%$425K$150K20xas long as short
GRVT QQQ_USDT_Perp+0.0092%8h744.39+0.065%$324K$1.9M10xas long as short
Nado QQQ-PERPlong+0.0094%1h743.90long leg$1.5M$839K20x
KuCoin QQQUSDTM+0.0100%8h743.96+0.007%$3.4M$362K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h743.90−0.001%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h743.99+0.011%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h743.43−0.064%$93K$1K10xas long as short
Phoenix QQQ+0.0129%1h743.94+0.005%$38K$66K20xas long as short
edgeX QQQUSDC+0.0627%4h744.18+0.038%$761K$336K20xas long as short