Funding you earn now, next payment 05:00 UTC−0.2635%/8h= −288.5% APRnext payment −$3.29 per $10,000 · paid last 24h −0.690%
Price spread now: Vest against Kraken Futures+0.835%7-day average +1.013% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.410%−$41 on $10k
+Price spread, last 4 days (all we have)+1.018%+$102 · spread now +0.835%, 7d avg +1.013%
=Together, before fees+0.607%+ Points / potential airdropVest: Active · farm board+$61 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$79 a day on $10k at the current rate, and Vest is 0.178% cheaper against Kraken Futures than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of +1.013%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.410% in total (about -43.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.29 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_US100USD | 30,566.6 | 0.2681 | pay 0.0335% / 1h | 13m 36s | $137K | $137K | 20x |
| Short | Vest NDX-USD-PERP | 30,821.8 | 0.0046 | get 0.0006% / 1h | 13m 36s | — | $202.9M | 50x |
Kraken Futures PF_US100USD
Vest NDX-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Vest 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
- −$553.36
- Price spread: +0.835% → +1.013%
- −$17.8
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$583.16
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: live order book, 39 min ago; Vest: 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, 39 min ago | 22.89 bp | 29.2 bp −$29 | 48.7 bp −$487 | doesn't fit | doesn't fit |
| Sell Vest no order-book sample | — | — | — | — | — |
Vest: 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 | −0.0212% | 8h | 30,518.6 | −0.157% | $102K | $38K | 20x | as long as short |
| Gate NAS100_USDT | −0.0200% | 8h | 30,513.5 | −0.174% | $1.9M | $3.7M | 100x | as long as short |
| MEXC NAS100_USDT | −0.0071% | 8h | 30,532 | −0.113% | $26.3M | $20.0M | 200x | as long as short |
| OKX US100-USDT-SWAP | 0.0000% | 8h | 30,488 | −0.257% | $262K | $375K | 20x | as long as short |
| Bitget NDX100USDT | 0.0000% | 8h | 30,539 | −0.090% | $3.5M | $634K | 50x | as long as short |
| Bullet US100-USD | 0.0000% | 1h | 30,528.5 | −0.125% | $4K | $90K | 10x | as long as short |
| Phemex NAS100USDT | 0.0000% | 4h | 30,513.5 | −0.174% | $1.4M | $189K | 10x | as long as short |
| QFEX US100-USD | +0.0002% | 1h | 30,528 | −0.126% | $1.3M | $1.3M | 30x | as long as short |
| Lighter US100 | +0.0032% | 1h | 30,528 | −0.126% | $3.8M | $98.9M | 30x | as long as short |
| Extended TECH100m-USD | +0.0032% | 1h | 30,533 | −0.110% | $2.0M | $5.8M | 20x | as long as short |
Orderly PERP_NAS100_USDC
Gate NAS100_USDT
MEXC NAS100_USDT
OKX US100-USDT-SWAP
Bitget NDX100USDT
Bullet US100-USD
Phemex NAS100USDT
QFEX US100-USD
Lighter US100
Extended TECH100m-USDShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest NDX-USD-PERPshort | +0.0046% | 1h | 30,821.8 | +0.835% | — | $202.9M | 50x | |
| Paradex US100-USD-PERP | +0.0050% | 8h | 30,526.9 | −0.130% | — | — | 5x | as long as short |
| Polymarket Perps NAS100-USD | +0.0050% | 1h | 30,530 | −0.120% | $7.2M | $1.9M | 50x | as long as short |
| Ondo Perps US100-USD.P | +0.0118% | 1h | 30,541.6 | −0.082% | $6.0M | $8.4M | 25x | as long as short |
| Kraken Futures PF_US100USDlong | +0.2681% | 1h | 30,566.6 | long leg | $137K | $137K | 20x |
Paradex US100-USD-PERP
Polymarket Perps NAS100-USD
Ondo Perps US100-USD.P