Funding arb · Price arb /

NAS100

RWAall NAS100 markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0250%/8h= +27.4% APRpaid last 24h +0.064%

Price spread now: Polymarket Perps against Gate+0.067%7-day average −0.010% · you sell dearer than you buy

Net, funding: paid 7d − costs−$34as in the Funding arb table

Net, price: spread back to 7d avg − costs−$55as in the Price arb table

costs, in and out, $10k−$630.628% of the position

Long on Gate Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.287%+$29 on $10k

Price spread, last 7 days−0.152%−$15 · spread now +0.067%, 7d avg −0.010%

Together, before fees+0.135%+$13 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Polymarket Perps is 0.077% dearer against Gate than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.010%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate NAS100_USDT	30,558.6	−0.0200	get 0.0200% / 8h	6h 03m	$1.8M	$3.7M	100x
Short	Polymarket Perps NAS100-USD	30,579	0.0050	get 0.0006% / 1h	3m 24s	$7.2M	$1.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Gate. 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 GatebpFee Polymarket PerpsbpOrdersPrice spread, now +0.067%Rate

Funding earned: $52.5
Price spread: +0.067% → −0.010%: $7.68
Slippage, 4 orders: −$39.85
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$2.66
Costs to cover: 0.628%
Break-even: 7.4 days

Slippage from Gate: live order book, 5 min ago; Polymarket Perps: live order book, 6 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, 5 min ago	0.70 bp	25.8 bp −$26	112.1 bp −$1,121	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 6 min ago	0.16 bp	4.4 bp −$4	5.1 bp −$51	5.4 bp −$543	10.6 bp −$5,280

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	−0.0215%	8h	30,569.7	+0.036%	$102K	$38K	20x	as long as short
Gate NAS100_USDTlong	−0.0200%	8h	30,558.6	long leg	$1.8M	$3.7M	100x
MEXC NAS100_USDT	−0.0094%	8h	30,580	+0.070%	$23.7M	$19.8M	200x	as long as short
OKX US100-USDT-SWAP	0.0000%	8h	30,554	−0.015%	$263K	$380K	20x	as long as short
Bitget NDX100USDT	0.0000%	8h	30,548	−0.035%	$3.5M	$620K	50x	as long as short
Bullet US100-USD	0.0000%	1h	30,580	+0.070%	$3K	$89K	10x	as long as short
Phemex NAS100USDT	0.0000%	4h	30,558.6	0.000%	$1.4M	$177K	10x	as long as short
QFEX US100-USD	+0.0001%	1h	30,577	+0.060%	$1.4M	$1.1M	30x	as long as short
Lighter US100	+0.0032%	1h	30,574	+0.050%	$3.9M	$95.9M	30x	as long as short
Extended TECH100m-USD	+0.0032%	1h	30,578.4	+0.065%	$2.2M	$5.4M	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	30,865.3	+1.003%	—	$193.5M	50x	as long as short
Paradex US100-USD-PERP	+0.0050%	8h	30,572.9	+0.047%	—	—	5x	as long as short
Polymarket Perps NAS100-USDshort	+0.0050%	1h	30,579	+0.067%	$7.2M	$1.9M	50x
Ondo Perps US100-USD.P	+0.0223%	1h	30,598	+0.129%	$6.0M	$8.6M	25x	as long as short
Kraken Futures PF_US100USD	+0.2428%	1h	30,644.6	+0.281%	$128K	$124K	20x	as long as short