Funding you earn now, next payment 00:00 UTC+0.0116%/8h= +12.7% APRnext payment +$1.16 per $10,000 · paid last 24h +0.060%
Price spread now: Bitget against Gate+0.156%7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$104as in the Funding arb table
Net, price: spread back to 7d avg − costs−$123as in the Price arb table
costs, in and out, $10k−$1351.354% of the position
Funding, last 7 days+0.311%+$31 on $10k
+Price spread, last 7 days−0.312%−$31 · spread now +0.156%, 7d avg +0.036%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Bitget is 0.120% dearer against Gate than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.036%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate NAS100_USDT | 30,449.5 | −0.0116 | get 0.0116% / 8h | 2h 27m | $1.8M | $3.7M | 100x |
| Short | Bitget NDX100USDT | 30,497 | 0 | get 0.0000% / 8h | 2h 27m | $3.6M | $644K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Gate. 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
- $24.36
- Price spread: +0.156% → +0.036%
- $12
- Slippage, 4 orders
- −$108.42
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$99.06
- Costs to cover
- 1.354%
- Break-even
- 35.5 days
Slippage from Gate: live order book, 6 min ago; Bitget: live order book, 5 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 Gate live order book, 6 min ago | 7.96 bp | 38.8 bp −$39 | 122.1 bp −$1,221 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 6.56 bp | 20.4 bp −$20 | 20.7 bp −$207 | 27.5 bp −$2,751 | 79.3 bp −$39.6K |
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 | −0.0246% | 8h | 30,474.5 | +0.082% | $102K | $38K | 20x | as long as short |
| MEXC NAS100_USDT | −0.0161% | 8h | 30,487 | +0.123% | $23.9M | $19.8M | 200x | as long as short |
| Gate NAS100_USDTlong | −0.0116% | 8h | 30,449.5 | long leg | $1.8M | $3.7M | 100x | |
| OKX US100-USDT-SWAP | 0.0000% | 8h | 30,459 | +0.031% | $286K | $329K | 20x | as long as short |
| Bitget NDX100USDTshort | 0.0000% | 8h | 30,497 | +0.156% | $3.6M | $644K | 50x | |
| Bullet US100-USD | 0.0000% | 1h | 30,487 | +0.123% | $3K | $90K | 10x | as long as short |
| Phemex NAS100USDT | 0.0000% | 4h | 30,445.4 | −0.014% | $1.4M | $173K | 10x | as long as short |
| QFEX US100-USD | +0.0002% | 1h | 30,485 | +0.117% | $1.4M | $984K | 30x | as long as short |
| Lighter US100 | +0.0032% | 1h | 30,477 | +0.090% | $4.0M | $93.3M | 30x | as long as short |
| Extended TECH100m-USD | +0.0032% | 1h | 30,482.3 | +0.108% | $2.1M | $5.6M | 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 | 30,772.4 | +1.060% | — | $194.5M | 50x | as long as short |
| Paradex US100-USD-PERP | +0.0050% | 8h | 30,478 | +0.093% | — | — | 5x | as long as short |
| Polymarket Perps NAS100-USD | +0.0050% | 1h | 30,480 | +0.100% | $6.1M | $634K | 50x | as long as short |
| Ondo Perps US100-USD.P | +0.0170% | 1h | 30,495.9 | +0.152% | $6.0M | $8.6M | 25x | as long as short |
| Kraken Futures PF_US100USD | +0.1572% | 1h | 30,543.3 | +0.308% | $120K | $119K | 20x | as long as short |
Gate NAS100_USDT
Bitget NDX100USDT
MEXC NAS100_USDT
OKX US100-USDT-SWAP
Bullet US100-USD
Phemex NAS100USDT
Lighter US100
Extended TECH100m-USD
Paradex US100-USD-PERP
Polymarket Perps NAS100-USD
Kraken Futures PF_US100USD