Settings8H · net · $10k
Funding arb · Price arb /

NAS100

RWAall NAS100 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h +0.005%
Price spread now: Polymarket Perps against Extended−0.025%49s7-day average +0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$12as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$170.165% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.042%+$4 on $10k
Price spread, last 7 days+0.060%+$6 · spread now −0.025%, 7d avg +0.015%
Together, before fees+0.102%+ Points / potential airdropExtended: Active · farm board+$10 on $10k · with fees, hour by hour
Funding pays, the price is against you. Polymarket Perps is 0.040% cheaper against Extended than usual: you would sell low and buy high (spread −0.025% now, against its 7-day average of +0.015%). If the spread goes back, that is −$4 on $10k: about 7.4 days of funding at the current rate (+$1 a day). The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended TECH100m-USD30,495.60.0032pay 0.0004% / 1h30m 41s$2.0M$5.8M20x
ShortPolymarket Perps NAS100-USD30,4880.0050get 0.0006% / 1h30m 41s$7.2M$1.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Extended. 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

Funding earned
$3.78
Price spread: −0.025% → +0.015%
−$3.98
Slippage, 4 orders
−$3.52
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$16.72
Costs to cover
0.165%
Break-even
38.0 days
Slippage from Extended: live order book, 3 min ago; Polymarket Perps: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 3 min ago0.98 bp3.5 bp −$36.1 bp −$61doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 3 min ago0.16 bp4.4 bp −$45.1 bp −$515.8 bp −$57911.2 bp −$5,580

NAS100 on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_NAS100_USDC−0.0240%8h30,474.8−0.068%$101K$38K20xas long as short
Gate NAS100_USDT−0.0200%8h30,473.5−0.072%$1.9M$3.6M100xas long as short
MEXC NAS100_USDT−0.0064%8h30,494−0.005%$25.9M$20.2M200xas long as short
OKX US100-USDT-SWAP0.0000%8h30,488−0.025%$262K$373K20xas long as short
Bitget NDX100USDT0.0000%8h30,527+0.103%$3.5M$635K50xas long as short
Bullet US100-USD0.0000%1h30,485.7−0.033%$3K$90K10xas long as short
Phemex NAS100USDT0.0000%4h30,468.9−0.087%$1.4M$189K10xas long as short
QFEX US100-USD+0.0002%1h30,492−0.012%$1.3M$1.3M30xas long as short
Lighter US100+0.0032%1h30,490−0.018%$3.9M$96.6M30xas long as short
Extended TECH100m-USDlong+0.0032%1h30,495.6long leg$2.0M$5.8M20x
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest NDX-USD-PERP+0.0046%1h30,780.6+0.935%$203.1M50xas long as short
Paradex US100-USD-PERP+0.0050%8h30,489.9−0.019%5xas long as short
Polymarket Perps NAS100-USDshort+0.0050%1h30,488−0.025%$7.2M$1.9M50x
Ondo Perps US100-USD.P+0.0104%1h30,497.1+0.005%$5.9M$8.4M25xas long as short
Kraken Futures PF_US100USD+0.1694%1h30,515.5+0.065%$137K$137K20xas long as short