Funding you earn now, next payment 09:00 UTC−0.0540%/8h= −59.1% APRpaid last 24h −0.643%
Price spread now: Gate against Kraken Futures−0.157%7-day average −0.149% · you buy dearer than you sell
Net, funding: paid 7d − costs−$379as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$860.860% of the position
Funding, last 7 days−2.935%−$294 on $10k
+Price spread, last 4 days (all we have)+0.787%+$79 · spread now −0.157%, 7d avg −0.149%
=The price spread sits at its 7-day average of −0.149%, so right now this pair is about funding alone: −$16 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_US100USD | 30,438.6 | 0.0340 | pay 0.0042% / 1h | 42m 53s | $140K | $128K | 20x |
| Short | Gate NAS100_USDT | 30,390.8 | −0.0200 | pay 0.0200% / 8h | 7h 42m | $1.9M | $3.2M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$113.35
- Price spread: −0.157% → −0.149%
- −$0.8
- Slippage, 4 orders
- −$60.95
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$200.11
- Costs to cover
- 0.860%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 54 min ago; Gate: 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 Kraken Futures live order book, 54 min ago | 15.24 bp | 23.1 bp −$23 | 55.2 bp −$552 | doesn't fit | doesn't fit |
| Sell Gate live order book, 5 min ago | 3.42 bp | 17.5 bp −$17 | 49.5 bp −$495 | doesn't fit | doesn't fit |
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 | 30,412.3 | −0.086% | $100K | $39K | 20x | as long as short |
| Gate NAS100_USDTshort | −0.0200% | 8h | 30,390.8 | −0.157% | $1.9M | $3.2M | 100x | |
| MEXC NAS100_USDT | −0.0063% | 8h | 30,422 | −0.055% | $22.9M | $21.6M | 200x | as long as short |
| OKX US100-USDT-SWAP | 0.0000% | 8h | 30,438 | −0.002% | $265K | $388K | 20x | as long as short |
| Bitget NDX100USDT | 0.0000% | 8h | 30,442 | +0.011% | $3.5M | $572K | 50x | as long as short |
| Bullet US100-USD | 0.0000% | 1h | 30,425 | −0.045% | $4K | $91K | 10x | as long as short |
| Phemex NAS100USDT | 0.0000% | 4h | 30,390.8 | −0.157% | $1.4M | $190K | 10x | as long as short |
| QFEX US100-USD | +0.0001% | 1h | 30,427 | −0.038% | $1.3M | $1.4M | 30x | as long as short |
| Lighter US100 | +0.0032% | 1h | 30,418 | −0.068% | $4.0M | $94.2M | 30x | as long as short |
| Extended TECH100m-USD | +0.0032% | 1h | 30,419.4 | −0.063% | $1.9M | $5.2M | 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 | 30,717.3 | +0.915% | — | $204.7M | 50x | as long as short |
| Paradex US100-USD-PERP | +0.0050% | 8h | 30,419.9 | −0.061% | — | — | 5x | as long as short |
| Polymarket Perps NAS100-USD | +0.0050% | 1h | 30,425 | −0.045% | $7.2M | $1.9M | 50x | as long as short |
| Ondo Perps US100-USD.P | +0.0050% | 1h | 30,424.2 | −0.047% | $6.0M | $9.2M | 25x | as long as short |
| Kraken Futures PF_US100USDlong | +0.0340% | 1h | 30,438.6 | long leg | $140K | $128K | 20x |
Kraken Futures PF_US100USD
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