Funding you earn now, next payment 08:00 UTC−0.1162%/8h= −127.2% APRnext payment −$1.45 per $10,000 · paid last 24h −0.626%
Price spread now: Bullet against Kraken Futures+0.087%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Bullet is 0.087% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.087% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$35 a day in funding at the current rate, which eats that in about 6 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_US100USD | 30,448.8 | 0.1162 | pay 0.0145% / 1h | 2m 59s | $141K | $128K | 20x |
| Short | Bullet US100-USD | 30,475.3 | 0 | get 0.0000% / 1h | 2m 59s | $4K | $91K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bullet against Kraken Futures. 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
- −$244.01
- Price spread: +0.087% → 0.000%
- $8.7
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bullet: 4 bp × 2 orders
- −$8
- Net
- −$253.31
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: live order book, 34 min ago; Bullet: no order-book sample. Net counts fees only.
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 Kraken Futures live order book, 34 min ago | 15.24 bp | 23.1 bp −$23 | 55.2 bp −$552 | doesn't fit | doesn't fit |
| Sell Bullet no order-book sample | — | — | — | — | — |
Bullet: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0282% | 8h | 30,465.8 | +0.056% | $101K | $38K | 20x | as long as short |
| Gate NAS100_USDT | −0.0200% | 8h | 30,427.6 | −0.070% | $2.0M | $3.3M | 100x | as long as short |
| MEXC NAS100_USDT | −0.0065% | 8h | 30,476 | +0.089% | $22.7M | $21.2M | 200x | as long as short |
| OKX US100-USDT-SWAP | 0.0000% | 8h | 30,449 | +0.001% | $266K | $387K | 20x | as long as short |
| Bitget NDX100USDT | 0.0000% | 8h | 30,491 | +0.139% | $3.5M | $630K | 50x | as long as short |
| Bullet US100-USDshort | 0.0000% | 1h | 30,475.3 | +0.087% | $4K | $91K | 10x | |
| Phemex NAS100USDT | 0.0000% | 4h | 30,404.4 | −0.146% | $1.4M | $195K | 10x | as long as short |
| QFEX US100-USD | 0.0000% | 1h | 30,475 | +0.086% | $1.3M | $1.3M | 30x | as long as short |
| Lighter US100 | +0.0032% | 1h | 30,472 | +0.076% | $4.0M | $97.2M | 30x | as long as short |
| Extended TECH100m-USD | +0.0032% | 1h | 30,479.6 | +0.101% | $1.9M | $5.3M | 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 | 30,776.1 | +1.075% | — | $203.3M | 50x | as long as short |
| Paradex US100-USD-PERP | +0.0050% | 8h | 30,469.8 | +0.069% | — | — | 5x | as long as short |
| Polymarket Perps NAS100-USD | +0.0050% | 1h | 30,476 | +0.089% | $7.2M | $2.0M | 50x | as long as short |
| Ondo Perps US100-USD.P | +0.0050% | 1h | 30,473.5 | +0.081% | $6.0M | $9.1M | 25x | as long as short |
| Kraken Futures PF_US100USDlong | +0.1162% | 1h | 30,448.8 | long leg | $141K | $128K | 20x |
Kraken Futures PF_US100USD
Bullet US100-USD
Gate NAS100_USDT
MEXC NAS100_USDT
OKX US100-USDT-SWAP
Bitget NDX100USDT
Phemex NAS100USDT
Lighter US100
Extended TECH100m-USD
Paradex US100-USD-PERP
Polymarket Perps NAS100-USD