Funding arb · Price arb /

NAS100

RWAall NAS100 markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0064%/8h= −7.0% APRpaid last 24h −0.029%

Price spread now: MEXC against Bullet+0.007%7-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 MEXC

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

The price spread sits at zero (this spread has no 7-day history yet), 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	Bullet US100-USD	30,482.8	0	get 0.0000% / 1h	17m 20s	$4K	$91K	10x
Short	MEXC NAS100_USDT	30,485	−0.0064	pay 0.0064% / 8h	1h 17m	$24.5M	$20.5M	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.007%Rate

Funding earned: −$13.44
Price spread: +0.007% → 0.000%: $0.72
Slippage, 4 orders: no order book: not counted
Fee Bullet: 4 bp × 2 orders: −$8
Fee MEXC: 0 bp × 2 orders: $0
Net: −$20.72
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Bullet: no order-book sample; MEXC: 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 MEXC live order book, 1 min ago	0.16 bp	0.2 bp $0	0.9 bp −$9	21.9 bp −$2,192	122.7 bp −$61.3K

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	−0.0283%	8h	30,473.3	−0.031%	$101K	$38K	20x	as long as short
Gate NAS100_USDT	−0.0200%	8h	30,425.4	−0.188%	$2.0M	$3.6M	100x	as long as short
MEXC NAS100_USDTshort	−0.0064%	8h	30,485	+0.007%	$24.5M	$20.5M	200x
OKX US100-USDT-SWAP	0.0000%	8h	30,445	−0.124%	$263K	$374K	20x	as long as short
Bitget NDX100USDT	0.0000%	8h	30,500	+0.056%	$3.5M	$603K	50x	as long as short
Bullet US100-USDlong	0.0000%	1h	30,482.8	long leg	$4K	$91K	10x
Phemex NAS100USDT	0.0000%	4h	30,425.4	−0.188%	$1.4M	$192K	10x	as long as short
QFEX US100-USD	+0.0001%	1h	30,489	+0.020%	$1.3M	$1.3M	30x	as long as short
Lighter US100	+0.0032%	1h	30,486	+0.010%	$4.0M	$98.4M	30x	as long as short
Extended TECH100m-USD	+0.0032%	1h	30,486.9	+0.014%	$2.0M	$5.9M	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	30,779.3	+0.972%	—	$203.2M	50x	as long as short
Paradex US100-USD-PERP	+0.0050%	8h	30,487.9	+0.017%	—	—	5x	as long as short
Polymarket Perps NAS100-USD	+0.0050%	1h	30,487	+0.014%	$7.2M	$2.0M	50x	as long as short
Ondo Perps US100-USD.P	+0.0050%	1h	30,493.2	+0.034%	$6.0M	$8.8M	25x	as long as short
Kraken Futures PF_US100USD	+0.1148%	1h	30,495.6	+0.042%	$141K	$141K	20x	as long as short