Funding arb · Price arb /

NAS100

RWAall NAS100 markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.029%

Price spread now: Ondo Perps against Bitget−0.054%7-day average −0.040% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Bitget Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.031%−$3 on $10k

Price spread, last 7 days+0.028%+$3 · spread now −0.054%, 7d avg −0.040%

Together, before fees−0.003%+ Points / potential airdropOndo Perps: Active · farm board$0 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.040%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget NDX100USDT	30,504	0	get 0.0000% / 8h	6h 57m	$3.5M	$562K	50x
Short	Ondo Perps US100-USD.P	30,487.6	0.0050	get 0.0006% / 1h	57m 59s	$6.0M	$9.7M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against Bitget. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BitgetbpFee Ondo PerpsbpOrdersPrice spread, now −0.054%Rate

Funding earned: $10.58
Price spread: −0.054% → −0.040%: −$1.41
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$7.82
Costs to cover: 0.170%
Break-even: 12.2 days

Slippage unknown: Bitget: live order book, 5 min ago; Ondo Perps: no order-book sample. 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 Bitget live order book, 5 min ago	3.61 bp	31.1 bp −$31	34.8 bp −$348	41.9 bp −$4,192	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

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.

NAS100 on 15 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
Orderly PERP_NAS100_USDC	−0.0281%	8h	30,468.8	−0.115%	$100K	$38K	20x	as long as short
Gate NAS100_USDT	−0.0200%	8h	30,443.5	−0.198%	$1.8M	$2.5M	100x	as long as short
MEXC NAS100_USDT	−0.0070%	8h	30,480	−0.079%	$20.9M	$22.0M	200x	as long as short
OKX US100-USDT-SWAP	0.0000%	8h	30,454	−0.164%	$266K	$389K	20x	as long as short
Bitget NDX100USDTlong	0.0000%	8h	30,504	long leg	$3.5M	$562K	50x
Bullet US100-USD	0.0000%	1h	30,483.2	−0.068%	$3K	$90K	10x	as long as short
Phemex NAS100USDT	0.0000%	4h	30,443.5	−0.198%	$1.4M	$196K	10x	as long as short
QFEX US100-USD	+0.0003%	1h	30,486	−0.059%	$1.2M	$1.5M	30x	as long as short
Lighter US100	+0.0032%	1h	30,474	−0.098%	$3.8M	$95.1M	30x	as long as short
Extended TECH100m-USD	+0.0032%	1h	30,477.7	−0.086%	$1.9M	$5.3M	20x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest NDX-USD-PERP	+0.0046%	1h	30,774.3	+0.886%	—	$209.9M	50x	as long as short
Paradex US100-USD-PERP	+0.0050%	8h	30,472.1	−0.105%	—	—	5x	as long as short
Polymarket Perps NAS100-USD	+0.0050%	1h	30,482	−0.072%	$7.2M	$1.9M	50x	as long as short
Ondo Perps US100-USD.Pshort	+0.0050%	1h	30,487.6	−0.054%	$6.0M	$9.7M	25x
Kraken Futures PF_US100USD	+0.0810%	1h	30,439.5	−0.211%	$141K	$128K	20x	as long as short