Funding you earn now, next payment 07:00 UTC−0.0045%/8h= −4.9% APRpaid last 24h −0.008%
Price spread now: KuCoin against Nado−0.018%7-day average −0.029% · 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−$37as in the Price arb table
costs, in and out, $10k−$380.384% of the position
Funding, last 3 days (all we have)+0.058%+$6 on $10k
+Price spread, last 7 days−0.083%−$8 · spread now −0.018%, 7d avg −0.029%
=Together, before fees−0.025%+ Points / potential airdropNado: Active · farm board−$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.029%, 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 +0.058%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado QQQ-PERP | 741.45 | 0.0145 | pay 0.0018% / 1h | 38m 05s | $1.5M | $763K | 20x |
| Short | KuCoin QQQUSDTM | 741.32 | 0.0100 | get 0.0100% / 8h | 1h 38m | $3.4M | $352K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$9.37
- Price spread: −0.018% → −0.029%
- $1.06
- Slippage, 4 orders
- −$19.44
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$46.74
- Costs to cover
- 0.384%
- Break-even
- never at this rate
Slippage from Nado: live order book, just now; KuCoin: live order book, 9 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, just now | 0.07 bp | 5.4 bp −$5 | 9.5 bp −$95 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 9 min ago | 1.75 bp | 19.5 bp −$20 | 124.1 bp −$1,241 | 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 −0.0158% / S +0.0250% | 1h | 741.91 | +0.062% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0028% | 1h | 740.80 | −0.088% | $4.2M | $1.8M | 20x | as long as short |
| BloFin QQQ-USDT | −0.0027% | 8h | 741.65 | +0.027% | $1.1M | $278K | 20x | as long as short |
| Gate QQQ_USDT | −0.0005% | 8h | 741.09 | −0.049% | $3.3M | $21.5M | 50x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 741.75 | +0.040% | $823K | $858K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 741.76 | +0.041% | $10.5M | $5.2M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 741.65 | +0.027% | $21.4M | $28.4M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 741.63 | +0.023% | $5.5M | $6.3M | 25x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 741.86 | +0.055% | $16.6M | $5.6M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 741.78 | +0.043% | $16.9M | $7.3M | — | 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 | 742.30 | +0.114% | $2K | $1.8M | 10x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | 0.0000% | 1h | 741.30 | −0.021% | $423K | $154K | 20x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 741.96 | +0.068% | $250K | $41K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 741.96 | +0.068% | $362K | $1.6M | 10x | as long as short |
| Binance QQQUSDT | +0.0002% | 8h | 741.80 | +0.047% | $70.1M | $144.6M | 25x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0016% | 1h | 741.27 | −0.025% | $1.2M | $547K | 20x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 741.47 | +0.002% | $7.6M | $15.4M | 30x | as long as short |
| Lighter RH QQQ | +0.0040% | 1h | 741.86 | +0.055% | $36.9M | $80.1M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 740.96 | −0.067% | $686K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 742.62 | +0.157% | — | $337K | 50x | as long as short |
| KuCoin QQQUSDTMshort | +0.0100% | 8h | 741.32 | −0.018% | $3.4M | $352K | 20x | |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 741.39 | −0.009% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 741.39 | −0.009% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 740.97 | −0.065% | $92K | $1K | 10x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0112% | 8h | 742.02 | +0.076% | $318K | $2.0M | 10x | as long as short |
| Nado QQQ-PERPlong | +0.0145% | 1h | 741.45 | long leg | $1.5M | $763K | 20x | |
| Phoenix QQQ | +0.0205% | 1h | 741.56 | +0.014% | $38K | $66K | 20x | as long as short |
| edgeX QQQUSDC | +0.0920% | 4h | 741.78 | +0.045% | $758K | $334K | 20x | as long as short |
KuCoin QQQUSDTM
GMX QQQ/USD [ETH-USDC]
BloFin QQQ-USDT
Gate QQQ_USDT
Aster QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Bitget QQQUSDT
Variational Omni QQQ
SunX QQQ-USDT
Deribit QQQ_USDC-PERPETUAL
HTX QQQ-USDT
Phemex QQQUSDT
Binance QQQUSDT
Coinbase International QQQ-PERP-INTX
Lighter QQQ
Lighter RH QQQ
ApeX Omni QQQUSDT
GRVT QQQ_USDT_Perp
Phoenix QQQ
edgeX QQQUSDC