Funding you earn now, next payment 08:00 UTC−0.0104%/8h= −11.4% APRnext payment −$1.04 per $10,000 · paid last 24h −0.020%
Price spread now: Gate against MEXC−0.016%7-day average +0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$440.442% of the position
Funding, last 7 days−0.214%−$21 on $10k
+Price spread, last 7 days+0.204%+$20 · spread now −0.016%, 7d avg +0.051%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Gate is 0.067% cheaper against MEXC than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.051%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC NAS100_USDT | 30,574 | −0.0096 | get 0.0096% / 8h | 6h 42m | $23.7M | $19.7M | 200x |
| Short | Gate NAS100_USDT | 30,569 | −0.0200 | pay 0.0200% / 8h | 6h 42m | $1.8M | $3.6M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against MEXC. 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
- −$21.84
- Price spread: −0.016% → +0.051%
- −$6.74
- Slippage, 4 orders
- −$29.2
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$72.77
- Costs to cover
- 0.442%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 2 min ago; Gate: live order book, 1 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 MEXC live order book, 2 min ago | 0.16 bp | 0.2 bp $0 | 0.8 bp −$8 | 20.5 bp −$2,051 | 123.1 bp −$61.6K |
| Sell Gate live order book, 1 min ago | 5.99 bp | 25.0 bp −$25 | 52.6 bp −$526 | 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 | −0.0215% | 8h | 30,561.4 | −0.041% | $102K | $38K | 20x | as long as short |
| Gate NAS100_USDTshort | −0.0200% | 8h | 30,569 | −0.016% | $1.8M | $3.6M | 100x | |
| MEXC NAS100_USDTlong | −0.0096% | 8h | 30,574 | long leg | $23.7M | $19.7M | 200x | |
| OKX US100-USDT-SWAP | 0.0000% | 8h | 30,562 | −0.039% | $261K | $353K | 20x | as long as short |
| Bitget NDX100USDT | 0.0000% | 8h | 30,547 | −0.088% | $3.5M | $620K | 50x | as long as short |
| Bullet US100-USD | 0.0000% | 1h | 30,574.3 | +0.001% | $3K | $89K | 10x | as long as short |
| Phemex NAS100USDT | 0.0000% | 4h | 30,479.3 | −0.310% | $1.4M | $172K | 10x | as long as short |
| QFEX US100-USD | +0.0001% | 1h | 30,573 | −0.003% | $1.4M | $1.1M | 30x | as long as short |
| Lighter US100 | +0.0032% | 1h | 30,570 | −0.013% | $4.0M | $92.8M | 30x | as long as short |
| Extended TECH100m-USD | +0.0032% | 1h | 30,573.7 | −0.001% | $2.2M | $5.6M | 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 | 30,858.8 | +0.931% | — | $193.9M | 50x | as long as short |
| Paradex US100-USD-PERP | +0.0050% | 8h | 30,564.9 | −0.030% | — | — | 5x | as long as short |
| Polymarket Perps NAS100-USD | +0.0050% | 1h | 30,574 | 0.000% | $7.2M | $1.9M | 50x | as long as short |
| Ondo Perps US100-USD.P | +0.0208% | 1h | 30,590.9 | +0.055% | $6.0M | $8.7M | 25x | as long as short |
| Kraken Futures PF_US100USD | +0.2428% | 1h | 30,651.8 | +0.254% | $128K | $125K | 20x | as long as short |
MEXC NAS100_USDT
Gate 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
Kraken Futures PF_US100USD