Funding you earn now, next payment 02:00 UTC+0.2428%/8h= +265.8% APRnext payment +$3.03 per $10,000 · paid last 24h +0.697%
Price spread now: Kraken Futures against Bullet+0.257%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$73 a day on $10k at the current rate, and Kraken Futures is 0.257% dearer against Bullet than usual: you sell high and buy low: +$26 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bullet US100-USD | 30,574 | 0 | get 0.0000% / 1h | 39m 35s | $3K | $89K | 10x |
| Short | Kraken Futures PF_US100USD | 30,652.4 | 0.2428 | get 0.0303% / 1h | 39m 35s | $128K | $125K | 20x |
Bullet US100-USD
Kraken Futures PF_US100USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Bullet. 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
- $509.78
- Price spread: +0.257% → 0.000%
- $25.66
- Slippage, 4 orders
- no order book: not counted
- Fee Bullet: 4 bp × 2 orders
- −$8
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $517.43
- Costs to cover
- 0.180%
- Break-even
- from the start
Slippage unknown: Bullet: no order-book sample; Kraken Futures: live order book, 28 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 Kraken Futures live order book, 28 min ago | 5.06 bp | 30.3 bp −$30 | 82.5 bp −$825 | doesn't fit | doesn't fit |
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 | −0.0215% | 8h | 30,560.7 | −0.044% | $102K | $38K | 20x | as long as short |
| Gate NAS100_USDT | −0.0200% | 8h | 30,541.6 | −0.106% | $1.8M | $3.7M | 100x | as long as short |
| MEXC NAS100_USDT | −0.0093% | 8h | 30,571 | −0.010% | $23.6M | $19.7M | 200x | as long as short |
| OKX US100-USDT-SWAP | 0.0000% | 8h | 30,562 | −0.039% | $261K | $353K | 20x | as long as short |
| Bitget NDX100USDT | 0.0000% | 8h | 30,547 | −0.088% | $3.5M | $620K | 50x | as long as short |
| Bullet US100-USDlong | 0.0000% | 1h | 30,574 | long leg | $3K | $89K | 10x | |
| Phemex NAS100USDT | 0.0000% | 4h | 30,460.7 | −0.371% | $1.4M | $172K | 10x | as long as short |
| QFEX US100-USD | +0.0001% | 1h | 30,571 | −0.010% | $1.4M | $1.1M | 30x | as long as short |
| Lighter US100 | +0.0032% | 1h | 30,565 | −0.029% | $3.9M | $93.1M | 30x | as long as short |
| Extended TECH100m-USD | +0.0032% | 1h | 30,570.1 | −0.013% | $2.2M | $5.6M | 20x | as long as short |
Orderly PERP_NAS100_USDC
Gate NAS100_USDT
MEXC NAS100_USDT
OKX US100-USDT-SWAP
Bitget NDX100USDT
Phemex NAS100USDT
QFEX US100-USD
Lighter US100
Extended TECH100m-USDShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest NDX-USD-PERP | +0.0046% | 1h | 30,858 | +0.929% | — | $193.1M | 50x | as long as short |
| Paradex US100-USD-PERP | +0.0050% | 8h | 30,563.9 | −0.033% | — | — | 5x | as long as short |
| Polymarket Perps NAS100-USD | +0.0050% | 1h | 30,570 | −0.013% | $7.2M | $1.9M | 50x | as long as short |
| Ondo Perps US100-USD.P | +0.0212% | 1h | 30,587.2 | +0.043% | $6.0M | $8.6M | 25x | as long as short |
| Kraken Futures PF_US100USDshort | +0.2428% | 1h | 30,652.4 | +0.257% | $128K | $125K | 20x |
Vest NDX-USD-PERP
Paradex US100-USD-PERP
Polymarket Perps NAS100-USD
Ondo Perps US100-USD.P