Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 27,777 | +0.1957 | pay 0.0245% / 1h | 7m 34s | $186K | $176K | 20x | Long Kraken Futures | |
| SHORT | 27,827.5 | +0.0032 | get 0.0004% / 1h | 7m 34s | $4.6M | $41.1M | 30x | Short Lighter7d free |
Price gap+0.182%
Funding gap−0.1925% /8h
The gap pays +$19 on $10k if it goes back to its 7d average, but funding costs $58 a day and eats that in about 8 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$110−0.1925% /8h now · paid +1.104% over the last 7D
Price+$19spread +0.182% now, avg −0.013% → +0.195% if it goes back
Costs−$490.493% of $10k · taker + slippage, in and out
The current funding rate is far below what this pair has been paying: over the last 7 days it paid +1.104% in total, about +0.0526%/8h on average.
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.182%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hNAS100 on 22 exchanges
lowest funding firstBefore you open
3 ok · 3 to watch- Watch: Thin at this size21.3 / 1.3 bpAt $10k entering Kraken Futures costs 21.3 bp, fee and slippage, 16.5× Lighter’s.
- Note: Margin at max leverage$500 + $333Kraken Futures 20x, Lighter 30x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$57.75Long Kraken Futures: 24 payments, −$58.71; short Lighter: 24 payments, +$0.96.
- OK: Entry gap works for you+0.182% vs −0.013%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$186K vs $4.6M OIKraken Futures sets your exit cost. Check its book before closing.
- OK: Points on a legLighter Season 3Volume here counts toward the points program.
- Watch: KYCKraken Futures Yes · Lighter NoFull verification; not offered in the US (a separate US product), Canada, Australia (wholesale only) or to retail UK clients.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0526%/8h × 21 periods+$110.38
Price spread+0.182% → −0.013% (7d avg)+$19.46
Slippage, 4 orderslive order books−$39.33
Fee Kraken Futures bp × 2 orders−$10.00
Fee Lighter bp × 2 orders$0.00
Net · 7 days · $10k+$80.51
Costs to cover0.493%Break-even1.9 days
Slippage: Kraken Futures: live order book, 35 min ago; Lighter: live order book, 7 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGKraken Futures10.6621.3 bp−$21doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTLighter0.721.3 bp−$11.5 bp−$152.9 bp−$28515.9 bp−$7,948
Closing costs about the same again.
NAS100 news
posts that mention NAS100 or Nasdaq-100, from every exchange| 11-07 15:15 | Variational Omni | Other | Swaps are built for size. TradFi liquidity on gold, US100, oil, volatility and more, directly on-chain. Only on Omni. @variational_io on X ↗ |
| 11-06 20:11 | Polymarket Perps | Other | Another challenger has entered the race. Overnight, bagelwhiskeylog started building a $US100 long and added to his existing $USA500 short. Both positions remain open. Unrealized PnL: +$283K (+$22.4K since the competition began). @Poly_Perps on X ↗ |
| 11-06 10:30 | MEXC | Other | Last NFP, MEXC index futures rose in the first 15 minutes. 👀 📈 SPX500_USDT: +0.28% 📈 NAS100_USDT: +0.39% See the historical moves and what to watch on Nov 6: @MEXC on X ↗ |
| 11-02 16:00 | Bybit | Other | Here are 6 more reasons to follow our #MarketPulse reports on @Bybit_Learn. Last week, Gold, NAS100, EURUSD, Microsoft, Amazon, and Sandisk performed as expected - fulfilling their respective trade setups. RECAP: Did you miss these recent trading opportunities? 👇🏽 @Bybit_Official on X ↗ |
| 11-01 14:02 | Gate | Listing | Is AI a bubble? The debate is live. Gate Learn breaks down what actually matters: · Nasdaq-100 trading near 35x earnings, Nvidia ~58x, Arm ~143x · 95% of enterprise AI projects reported zero meaningful returns by 2025 · How a correction in AI equities could spill into AI tokens and crypto Full guide: @Gate on X ↗ |
| 10-28 17:49 | Markets by Kinetiq | Other | China's AI stocks already crashed. $ZHIPU is down 80% from its high, $MINIMAX 74%. The Nasdaq-100 is down 5%. A China problem, or a preview? @Markets_xyz on X ↗ |


Variational Omni
Polymarket Perps
MEXC
Bybit
Gate