Funding you earn now, next payment 06:00 UTC+0.0121%/8h= +13.3% APRnext payment +$0.15 per $10,000 · paid last 24h +0.073%
Price spread now: Nado against Ondo Perps+0.116%7-day average +0.181% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.068%+$7 on $10k
+Price spread, last 7 days+0.045%+$5 · spread now +0.116%, 7d avg +0.181%
=Together, before fees+0.113%+ Points / potential airdropOndo Perps: Active · Nado: Active · farm board+$11 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.065% cheaper against Ondo Perps than usual: you would sell low and buy high (spread +0.116% now, against its 7-day average of +0.181%). If the spread goes back, that is −$7 on $10k: about 43 hours of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps QQQ-USD.P | 742.06 | 0.0001 | pay 0.0000% / 1h | 9m 18s | $4.2M | $1.8M | 20x |
| Short | Nado QQQ-PERP | 742.92 | 0.0122 | get 0.0015% / 1h | 9m 18s | $1.5M | $748K | 20x |
Ondo Perps QQQ-USD.P
Nado QQQ-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Ondo Perps. 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
- $25.5
- Price spread: +0.116% → +0.181%
- −$6.53
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- $6.96
- Costs to cover
- 0.120%
- Break-even
- 5.1 days
Slippage unknown: Ondo Perps: no order-book sample; Nado: live order book, 4 min ago. Net counts fees only.
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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Nado live order book, 4 min ago | 0.07 bp | 3.7 bp −$4 | 6.1 bp −$61 | 87.3 bp −$8,732 | doesn't fit |
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 743.35 | +0.173% | $25K | — | 26x | as long as short |
| BloFin QQQ-USDT | −0.0020% | 8h | 742.85 | +0.106% | $1.1M | $277K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 742.97 | +0.123% | $824K | $857K | 20x | as long as short |
| Binance QQQUSDT | 0.0000% | 8h | 743.37 | +0.177% | $70.0M | $145.0M | 25x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 743.45 | +0.187% | $10.6M | $5.2M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 743.15 | +0.147% | $21.5M | $28.3M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 743.38 | +0.177% | $5.4M | $6.7M | 25x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 742.74 | +0.092% | $3.3M | $21.4M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 743.50 | +0.194% | $16.6M | $5.6M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 743.18 | +0.152% | $16.9M | $7.3M | — | as long as short |
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 QQQShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX QQQ-USDT | 0.0000% | 8h | 743.76 | +0.229% | $2K | $1.8M | 10x | as long as short |
| Coinbase International QQQ-PERP-INTX | 0.0000% | 1h | 742.77 | +0.096% | $1.2M | $541K | 20x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 743.33 | +0.171% | $251K | $41K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 743.50 | +0.194% | $361K | $1.6M | 10x | as long as short |
| Ondo Perps QQQ-USD.Plong | +0.0001% | 1h | 742.06 | long leg | $4.2M | $1.8M | 20x | |
| Lighter QQQ | +0.0032% | 1h | 743.29 | +0.166% | $7.6M | $15.7M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 743.63 | +0.212% | $37.0M | $80.9M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 742.15 | +0.012% | $689K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 744.28 | +0.299% | — | $337K | 50x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0095% | 8h | 743.38 | +0.178% | $316K | $2.0M | 10x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 743.06 | +0.135% | $3.4M | $363K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 742.75 | +0.093% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 743.04 | +0.132% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 742.59 | +0.071% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERPshort | +0.0122% | 1h | 742.92 | +0.116% | $1.5M | $748K | 20x | |
| Phoenix QQQ | +0.0129% | 1h | 742.54 | +0.065% | $38K | $66K | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0140% | 1h | 743.08 | +0.137% | $424K | $152K | 20x | as long as short |
| edgeX QQQUSDC | +0.0987% | 4h | 743.21 | +0.154% | $760K | $334K | 20x | as long as short |
SunX QQQ-USDT
Coinbase International QQQ-PERP-INTX
HTX QQQ-USDT
Phemex QQQUSDT
Lighter QQQ
Lighter RH QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
GRVT QQQ_USDT_Perp
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Phoenix QQQ
Deribit QQQ_USDC-PERPETUAL
edgeX QQQUSDC