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

QQQ

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Alert: funding
Alert: spread
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 − costsunder 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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado QQQ-PERP741.450.0145pay 0.0018% / 1h38m 05s$1.5M$763K20x
ShortKuCoin QQQUSDTM741.320.0100get 0.0100% / 8h1h 38m$3.4M$352K20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Nado live order book, just now0.07 bp5.4 bp −$59.5 bp −$95doesn't fitdoesn't fit
Sell KuCoin live order book, 9 min ago1.75 bp19.5 bp −$20124.1 bp −$1,241doesn'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 −0.0158% / S +0.0250%1h741.91+0.062%$25K26xas long as short
Ondo Perps QQQ-USD.P−0.0028%1h740.80−0.088%$4.2M$1.8M20xas long as short
BloFin QQQ-USDT−0.0027%8h741.65+0.027%$1.1M$278K20xas long as short
Gate QQQ_USDT−0.0005%8h741.09−0.049%$3.3M$21.5M50xas long as short
Aster QQQUSDT0.0000%8h741.75+0.040%$823K$858K20xas long as short
Bybit QQQUSDT0.0000%8h741.76+0.041%$10.5M$5.2M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h741.65+0.027%$21.4M$28.4M50xas long as short
RISEx QQQ/USDC0.0000%1h741.63+0.023%$5.5M$6.3M25xas long as short
Bitget QQQUSDT0.0000%8h741.86+0.055%$16.6M$5.6M20xas long as short
Variational Omni QQQ0.0000%8h741.78+0.043%$16.9M$7.3Mas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX QQQ-USDT0.0000%8h742.30+0.114%$2K$1.8M10xas long as short
Deribit QQQ_USDC-PERPETUAL0.0000%1h741.30−0.021%$423K$154K20xas long as short
HTX QQQ-USDT0.0000%8h741.96+0.068%$250K$41K30xas long as short
Phemex QQQUSDT0.0000%8h741.96+0.068%$362K$1.6M10xas long as short
Binance QQQUSDT+0.0002%8h741.80+0.047%$70.1M$144.6M25xas long as short
Coinbase International QQQ-PERP-INTX+0.0016%1h741.27−0.025%$1.2M$547K20xas long as short
Lighter QQQ+0.0032%1h741.47+0.002%$7.6M$15.4M30xas long as short
Lighter RH QQQ+0.0040%1h741.86+0.055%$36.9M$80.1M50xas long as short
Arcus QQQ-USD+0.0040%1h740.96−0.067%$686K$1.6M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h742.62+0.157%$337K50xas long as short
KuCoin QQQUSDTMshort+0.0100%8h741.32−0.018%$3.4M$352K20x
ApeX Omni QQQUSDT+0.0100%1h741.39−0.009%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h741.39−0.009%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h740.97−0.065%$92K$1K10xas long as short
GRVT QQQ_USDT_Perp+0.0112%8h742.02+0.076%$318K$2.0M10xas long as short
Nado QQQ-PERPlong+0.0145%1h741.45long leg$1.5M$763K20x
Phoenix QQQ+0.0205%1h741.56+0.014%$38K$66K20xas long as short
edgeX QQQUSDC+0.0920%4h741.78+0.045%$758K$334K20xas long as short