Funding you earn now, next payment 01:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.04 per $10,000 · paid last 24h +0.010%
Price spread now: Lighter against Bullet−0.020%7-day average — · you buy dearer than you sell
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—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bullet US100-USD | 30,570 | 0 | get 0.0000% / 1h | 51m 18s | $3K | $90K | 10x |
| Short | Lighter US100 | 30,564 | 0.0032 | get 0.0004% / 1h | 51m 18s | $3.9M | $92.2M | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- $6.72
- Price spread: −0.020% → 0.000%
- −$1.96
- Slippage, 4 orders
- no order book: not counted
- Fee Bullet: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$3.24
- Costs to cover
- 0.080%
- Break-even
- 10.4 days
Slippage unknown: Bullet: no order-book sample; Lighter: live order book, 8 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 Lighter live order book, 8 min ago | 0.16 bp | 0.2 bp $0 | 0.2 bp −$2 | 6.4 bp −$644 | 212.0 bp −$106.0K |
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 | −0.0216% | 8h | 30,557.8 | −0.040% | $102K | $38K | 20x | as long as short |
| Gate NAS100_USDT | −0.0200% | 8h | 30,504.4 | −0.215% | $1.8M | $3.6M | 100x | as long as short |
| MEXC NAS100_USDT | −0.0105% | 8h | 30,570 | 0.000% | $22.6M | $19.3M | 200x | as long as short |
| OKX US100-USDT-SWAP | 0.0000% | 8h | 30,535 | −0.114% | $261K | $356K | 20x | as long as short |
| Bitget NDX100USDT | 0.0000% | 8h | 30,540 | −0.098% | $3.5M | $669K | 50x | as long as short |
| Bullet US100-USDlong | 0.0000% | 1h | 30,570 | long leg | $3K | $90K | 10x | |
| Phemex NAS100USDT | 0.0000% | 4h | 30,464.6 | −0.345% | $1.4M | $173K | 10x | as long as short |
| QFEX US100-USD | +0.0002% | 1h | 30,569 | −0.003% | $1.4M | $975K | 30x | as long as short |
| Lighter US100short | +0.0032% | 1h | 30,564 | −0.020% | $3.9M | $92.2M | 30x | |
| Extended TECH100m-USD | +0.0032% | 1h | 30,569.5 | −0.002% | $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 | 30,851.9 | +0.922% | — | $193.9M | 50x | as long as short |
| Paradex US100-USD-PERP | +0.0050% | 8h | 30,562.9 | −0.023% | — | — | 5x | as long as short |
| Polymarket Perps NAS100-USD | +0.0050% | 1h | 30,566 | −0.013% | $7.2M | $1.9M | 50x | as long as short |
| Ondo Perps US100-USD.P | +0.0190% | 1h | 30,582.5 | +0.041% | $6.0M | $8.8M | 25x | as long as short |
| Kraken Futures PF_US100USD | +0.2935% | 1h | 30,620.6 | +0.165% | $124K | $122K | 20x | as long as short |
Bullet US100-USD
Lighter US100
Gate NAS100_USDT
MEXC NAS100_USDT
OKX US100-USDT-SWAP
Bitget NDX100USDT
Phemex NAS100USDT
Extended TECH100m-USD
Paradex US100-USD-PERP
Polymarket Perps NAS100-USD
Kraken Futures PF_US100USD