Funding you earn now, next payment 05:00 UTC+0.2649%/8h= +290.0% APRnext payment +$3.31 per $10,000 · paid last 24h +0.695%
Price spread now: Kraken Futures against Extended+0.139%7-day average +0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs+$210as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$650.649% of the position
Funding, last 7 days+2.750%+$275 on $10k
+Price spread, last 4 days (all we have)−1.039%−$104 · spread now +0.139%, 7d avg +0.046%
=Together, before fees+1.711%+ Points / potential airdropExtended: Active · farm board+$171 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$79 a day on $10k at the current rate, and Kraken Futures is 0.093% dearer against Extended than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.046%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended TECH100m-USD | 30,524.7 | 0.0032 | pay 0.0004% / 1h | 18m 42s | $2.0M | $5.8M | 20x |
| Short | Kraken Futures PF_US100USD | 30,567 | 0.2681 | get 0.0335% / 1h | 18m 42s | $137K | $137K | 20x |
Extended TECH100m-USD
Kraken Futures PF_US100USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Extended. 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
- $556.22
- Price spread: +0.139% → +0.046%
- $9.26
- Slippage, 4 orders
- −$49.95
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $500.53
- Costs to cover
- 0.649%
- Break-even
- 0.7 days
Slippage from Extended: live order book, 5 min ago; Kraken Futures: live order book, 34 min ago.
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 Extended live order book, 5 min ago | 1.15 bp | 3.8 bp −$4 | 6.6 bp −$66 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 34 min ago | 22.89 bp | 28.2 bp −$28 | 74.2 bp −$742 | doesn't fit | doesn't fit |
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 | −0.0212% | 8h | 30,518.3 | −0.021% | $102K | $38K | 20x | as long as short |
| Gate NAS100_USDT | −0.0200% | 8h | 30,513.5 | −0.037% | $1.9M | $3.7M | 100x | as long as short |
| MEXC NAS100_USDT | −0.0064% | 8h | 30,524 | −0.002% | $26.3M | $19.9M | 200x | as long as short |
| OKX US100-USDT-SWAP | 0.0000% | 8h | 30,488 | −0.120% | $262K | $375K | 20x | as long as short |
| Bitget NDX100USDT | 0.0000% | 8h | 30,541 | +0.053% | $3.5M | $634K | 50x | as long as short |
| Bullet US100-USD | 0.0000% | 1h | 30,528 | +0.011% | $4K | $90K | 10x | as long as short |
| Phemex NAS100USDT | 0.0000% | 4h | 30,516.7 | −0.026% | $1.4M | $188K | 10x | as long as short |
| QFEX US100-USD | +0.0002% | 1h | 30,527 | +0.007% | $1.3M | $1.3M | 30x | as long as short |
| Lighter US100 | +0.0032% | 1h | 30,520 | −0.016% | $3.9M | $98.8M | 30x | as long as short |
| Extended TECH100m-USDlong | +0.0032% | 1h | 30,524.7 | long leg | $2.0M | $5.8M | 20x |
Orderly PERP_NAS100_USDC
Gate NAS100_USDT
MEXC NAS100_USDT
OKX US100-USDT-SWAP
Bitget NDX100USDT
Bullet US100-USD
Phemex NAS100USDT
QFEX US100-USD
Lighter US100Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest NDX-USD-PERP | +0.0046% | 1h | 30,820.5 | +0.969% | — | $202.9M | 50x | as long as short |
| Paradex US100-USD-PERP | +0.0050% | 8h | 30,518.9 | −0.019% | — | — | 5x | as long as short |
| Polymarket Perps NAS100-USD | +0.0050% | 1h | 30,530 | +0.017% | $7.2M | $1.9M | 50x | as long as short |
| Ondo Perps US100-USD.P | +0.0114% | 1h | 30,538.5 | +0.045% | $6.0M | $8.4M | 25x | as long as short |
| Kraken Futures PF_US100USDshort | +0.2681% | 1h | 30,567 | +0.139% | $137K | $137K | 20x |
Vest NDX-USD-PERP
Paradex US100-USD-PERP
Polymarket Perps NAS100-USD
Ondo Perps US100-USD.P