Funding you earn now, next payment 05:00 UTC+0.0089%/8h= +9.8% APRpaid last 24h +0.041%
Price spread now: Nado against SunX−0.107%7-day average −0.075% · 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−$77as in the Price arb table
costs, in and out, $10k−$740.737% of the position
Funding, last 3 days (all we have)+0.039%+$4 on $10k
+Price spread, last 4 days (all we have)−0.004%$0 · spread now −0.107%, 7d avg −0.075%
=Together, before fees+0.035%+ Points / potential airdropNado: Active · farm board+$4 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.032% cheaper against SunX than usual: you would sell low and buy high (spread −0.107% now, against its 7-day average of −0.075%). If the spread goes back, that is −$3 on $10k: about 29 hours of funding at the current rate (+$3 a day). At the pace of the last 3 days (+0.039% in total) that is about 2.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX QQQ-USDT | 744.07 | 0 | get 0.0000% / 8h | 3h 41m | $2K | $1.9M | 10x |
| Short | Nado QQQ-PERP | 743.27 | 0.0089 | get 0.0011% / 1h | 41m 42s | $1.5M | $773K | 20x |
SunX QQQ-USDT
Nado QQQ-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against SunX. 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
- $18.79
- Price spread: −0.107% → −0.075%
- −$3.21
- Slippage, 4 orders
- −$58.67
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$58.08
- Costs to cover
- 0.737%
- Break-even
- 28.6 days
Slippage from SunX: live order book, 14 min ago; Nado: live order book, 2 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 SunX live order book, 14 min ago | 21.63 bp | 25.6 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
| Sell Nado live order book, 2 min ago | 0.07 bp | 4.7 bp −$5 | 7.9 bp −$79 | 86.2 bp −$8,624 | 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 −0.0133% / S +0.0230% | 1h | 743.62 | −0.061% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0041% | 1h | 742.40 | −0.224% | $4.2M | $1.8M | 20x | as long as short |
| BloFin QQQ-USDT | −0.0011% | 8h | 743.43 | −0.086% | $1.1M | $256K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 743.44 | −0.084% | $840K | $714K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 743.28 | −0.106% | $10.7M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 743.24 | −0.112% | $21.5M | $26.9M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 742.88 | −0.160% | $3.3M | $20.9M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 743.70 | −0.050% | $16.9M | $5.5M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 743.66 | −0.054% | $17.1M | $7.4M | — | as long as short |
| SunX QQQ-USDTlong | 0.0000% | 8h | 744.07 | long leg | $2K | $1.9M | 10x |
GMX QQQ/USD [ETH-USDC]
Ondo Perps QQQ-USD.P
BloFin QQQ-USDT
Aster QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International QQQ-PERP-INTX | 0.0000% | 1h | 742.64 | −0.192% | $1.2M | $536K | 20x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 743.82 | −0.034% | $257K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 743.75 | −0.043% | $361K | $1.6M | 10x | as long as short |
| Binance QQQUSDT | +0.0007% | 8h | 743.35 | −0.097% | $70.9M | $141.2M | 25x | as long as short |
| RISEx QQQ/USDC | +0.0010% | 1h | 743.38 | −0.093% | $5.4M | $7.3M | 25x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 743.33 | −0.099% | $7.7M | $15.8M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 743.61 | −0.062% | $37.0M | $78.6M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 742.85 | −0.164% | $702K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 744.55 | +0.065% | — | $337K | 50x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0076% | 8h | 743.87 | −0.027% | $326K | $1.9M | 10x | as long as short |
| Nado QQQ-PERPshort | +0.0089% | 1h | 743.27 | −0.107% | $1.5M | $773K | 20x | |
| KuCoin QQQUSDTM | +0.0100% | 8h | 743.27 | −0.108% | $3.4M | $340K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 743.33 | −0.099% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 743.29 | −0.105% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 742.77 | −0.174% | $92K | $1K | 10x | as long as short |
| Phoenix QQQ | +0.0118% | 1h | 743.26 | −0.109% | $38K | $66K | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0154% | 1h | 743.44 | −0.085% | $425K | $150K | 20x | as long as short |
| edgeX QQQUSDC | +0.0798% | 4h | 743.49 | −0.078% | $760K | $333K | 20x | as long as short |
Coinbase International QQQ-PERP-INTX
HTX QQQ-USDT
Phemex QQQUSDT
Binance QQQUSDT
RISEx QQQ/USDC
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