Funding you earn now, next payment 00:00 UTC+0.0101%/8h= +11.1% APRnext payment +$1.01 per $10,000 · paid last 24h +0.032%
Price spread now: MEXC against Gate+0.146%7-day average −0.058% · you sell dearer than you buy
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$650.646% of the position
Funding, last 7 days+0.221%+$22 on $10k
+Price spread, last 7 days−0.321%−$32 · spread now +0.146%, 7d avg −0.058%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and MEXC is 0.205% dearer against Gate than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of −0.058%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate NAS100_USDT | 30,443.5 | −0.0076 | get 0.0076% / 8h | 1h 58m | $1.8M | $3.6M | 100x |
| Short | MEXC NAS100_USDT | 30,488 | 0.0025 | get 0.0025% / 8h | 1h 58m | $23.7M | $19.8M | 200x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $21.21
- Price spread: +0.146% → −0.058%
- $20.47
- Slippage, 4 orders
- −$49.62
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$22.95
- Costs to cover
- 0.646%
- Break-even
- 14.6 days
Slippage from Gate: live order book, 4 min ago; MEXC: 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, 4 min ago | 6.05 bp | 36.4 bp −$36 | 67.4 bp −$674 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 6.55 bp | 6.6 bp −$7 | 10.0 bp −$100 | 63.0 bp −$6,300 | 273.0 bp −$136.5K |
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 | −0.0229% | 8h | 30,493 | +0.163% | $102K | $38K | 20x | as long as short |
| Gate NAS100_USDTlong | −0.0076% | 8h | 30,443.5 | long leg | $1.8M | $3.6M | 100x | |
| OKX US100-USDT-SWAP | 0.0000% | 8h | 30,464 | +0.067% | $258K | $349K | 20x | as long as short |
| Bitget NDX100USDT | 0.0000% | 8h | 30,499 | +0.182% | $3.6M | $643K | 50x | as long as short |
| Bullet US100-USD | 0.0000% | 1h | 30,494 | +0.166% | $3K | $90K | 10x | as long as short |
| Phemex NAS100USDT | 0.0000% | 4h | 30,438.5 | −0.016% | $1.4M | $175K | 10x | as long as short |
| QFEX US100-USD | +0.0002% | 1h | 30,490 | +0.153% | $1.4M | $986K | 30x | as long as short |
| MEXC NAS100_USDTshort | +0.0025% | 8h | 30,488 | +0.146% | $23.7M | $19.8M | 200x | |
| Lighter US100 | +0.0032% | 1h | 30,484 | +0.133% | $4.1M | $91.6M | 30x | as long as short |
| Extended TECH100m-USD | +0.0032% | 1h | 30,488.1 | +0.146% | $2.1M | $5.7M | 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 | 30,781.3 | +1.110% | — | $194.5M | 50x | as long as short |
| Paradex US100-USD-PERP | +0.0050% | 8h | 30,484.8 | +0.136% | — | — | 5x | as long as short |
| Polymarket Perps NAS100-USD | +0.0050% | 1h | 30,495 | +0.169% | $6.1M | $675K | 50x | as long as short |
| Ondo Perps US100-USD.P | +0.0101% | 1h | 30,502.3 | +0.193% | $6.0M | $8.7M | 25x | as long as short |
| Kraken Futures PF_US100USD | +0.2667% | 1h | 30,544.5 | +0.332% | $120K | $119K | 20x | as long as short |
Gate NAS100_USDT
MEXC NAS100_USDT
OKX US100-USDT-SWAP
Bitget NDX100USDT
Bullet US100-USD
Phemex NAS100USDT
Lighter US100
Extended TECH100m-USD
Paradex US100-USD-PERP
Polymarket Perps NAS100-USD
Kraken Futures PF_US100USD