Funding arb · Price arb /

NAS100

RWAall NAS100 markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Bitget against Bullet+0.010%47s7-day average — · you sell dearer than you buy

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

Long on Bullet Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bullet US100-USD	30,537	0	get 0.0000% / 1h	26m 40s	$3K	$90K	10x
Short	Bitget NDX100USDT	30,540	0	get 0.0000% / 8h	26m 40s	$3.5M	$669K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Bullet. 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

Position, each leg$Hold fordaysFee BulletbpFee BitgetbpOrdersPrice spread, now +0.010%Rate

Funding earned: $0
Price spread: +0.010% → 0.000%: $0.98
Slippage, 4 orders: no order book: not counted
Fee Bullet: 4 bp × 2 orders: −$8
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$19.02
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Bullet: no order-book sample; Bitget: live order book, 1 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 Bullet no order-book sample	—	—	—	—	—
Sell Bitget live order book, 1 min ago	3.28 bp	18.0 bp −$18	18.4 bp −$184	32.2 bp −$3,224	77.4 bp −$38.7K

Bullet: 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	−0.0217%	8h	30,527.9	−0.030%	$102K	$38K	20x	as long as short
MEXC NAS100_USDT	−0.0098%	8h	30,542	+0.016%	$22.6M	$19.5M	200x	as long as short
Gate NAS100_USDT	−0.0044%	8h	30,518.7	−0.060%	$1.8M	$3.6M	100x	as long as short
OKX US100-USDT-SWAP	0.0000%	8h	30,509	−0.092%	$260K	$357K	20x	as long as short
Bitget NDX100USDTshort	0.0000%	8h	30,540	+0.010%	$3.5M	$669K	50x
Bullet US100-USDlong	0.0000%	1h	30,537	long leg	$3K	$90K	10x
Phemex NAS100USDT	0.0000%	4h	30,496.9	−0.131%	$1.4M	$175K	10x	as long as short
QFEX US100-USD	+0.0001%	1h	30,542	+0.016%	$1.4M	$1.0M	30x	as long as short
Lighter US100	+0.0032%	1h	30,537	0.000%	$3.8M	$93.4M	30x	as long as short
Extended TECH100m-USD	+0.0032%	1h	30,542.6	+0.018%	$2.1M	$5.5M	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	30,824.4	+0.941%	—	$194.1M	50x	as long as short
Paradex US100-USD-PERP	+0.0050%	8h	30,536.9	0.000%	—	—	5x	as long as short
Polymarket Perps NAS100-USD	+0.0050%	1h	30,538	+0.003%	$7.2M	$1.8M	50x	as long as short
Ondo Perps US100-USD.P	+0.0214%	1h	30,552.8	+0.052%	$6.0M	$8.8M	25x	as long as short
Kraken Futures PF_US100USD	+0.1978%	1h	30,612.4	+0.247%	$124K	$122K	20x	as long as short