Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 27,856 | +0.1969 | pay 0.0246% / 1h | 52m 42s | $185K | $175K | 20x | Long Kraken Futures | |
| SHORT | 27,862 | 0 | 0.0000% / 4h | 52m 42s | $1.4M | $208K | 10x | Short Phemex |
Price gap+0.022%
Funding gap−0.1969% /8h
Both sides work against this direction now: funding costs $59 a day on $10k and the gap is 0.192% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$103−0.1969% /8h now · paid +1.033% over the last 7D
Price−$19spread +0.022% now, avg +0.214% → −0.192% if it goes back
Costs−$4144.139% of $10k · taker + slippage, in and out
Result−$330−3.30%no points
The current funding rate is far below what this pair has been paying: over the last 7 days it paid +1.033% in total, about +0.0492%/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+0.022%
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
0 ok · 5 to watch- Watch: Thin at this size90.5 / 82.3 bpAt $10k entering Kraken Futures costs 90.5 bp, fee and slippage, 1.1× Phemex’s.
- Note: Margin at max leverage$500 + $1,000Kraken Futures 20x, Phemex 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 4hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$59.07Long Kraken Futures: 24 payments, −$59.07; short Phemex: 6 payments, $0.00.
- Watch: Gap narrower than usual+0.022% vs +0.214%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$185K vs $1.4M OIKraken Futures sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCKraken Futures Yes · Phemex YesFull 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+0.0492%/8h × 21 periods+$103.33
Price spread+0.022% → +0.214% (7d avg)−$19.21
Slippage, 4 orderslive order books−$391.85
Fee Kraken Futures bp × 2 orders−$10.00
Fee Phemex bp × 2 orders−$12.00
Net · 7 days · $10k−$329.74
Costs to cover4.139%Break-even29.3 days
Slippage: Kraken Futures: live order book, 55 min ago; Phemex: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGKraken Futures48.5190.5 bp−$91371.7 bp−$3,717doesn’t fitdoesn’t fit
SELL · SHORTPhemex41.4582.3 bp−$82155.4 bp−$1,554doesn’t fitdoesn’t fit
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