Settings8H · net · $10k
Funding arb · Price arb /

NAS100

RWAall NAS100 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0403%/8h= +44.1% APRpaid last 24h +0.619%
Price spread now: Kraken Futures against MEXC+0.117%7-day average +0.075% · you sell dearer than you buy
Net, funding: paid 7d − costs+$219as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$510.510% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+2.700%+$270 on $10k
Price spread, last 4 days (all we have)−0.760%−$76 · spread now +0.117%, 7d avg +0.075%
Together, before fees+1.939%+$194 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Kraken Futures is 0.042% dearer against MEXC than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.075%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC NAS100_USDT30,404−0.0063get 0.0063% / 8h7h 36m$22.5M$21.7M200x
ShortKraken Futures PF_US100USD30,439.50.0340get 0.0042% / 1h36m 46s$141K$128K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against MEXC. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$84.58
Price spread: +0.117% → +0.075%
$4.22
Slippage, 4 orders
−$40.99
Fee MEXC: 0 bp × 2 orders
$0
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$37.81
Costs to cover
0.510%
Break-even
3.9 days
Slippage from MEXC: live order book, 2 min ago; Kraken Futures: live order book, 61 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 2 min ago0.16 bp0.2 bp $01.0 bp −$1030.4 bp −$3,037123.7 bp −$61.8K
Sell Kraken Futures live order book, 61 min ago15.24 bp27.6 bp −$2870.2 bp −$702doesn't fitdoesn't fit

NAS100 on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_NAS100_USDC−0.0282%8h30,402.4−0.005%$100K$39K20xas long as short
Gate NAS100_USDT−0.0200%8h30,391.4−0.041%$1.9M$3.2M100xas long as short
MEXC NAS100_USDTlong−0.0063%8h30,404long leg$22.5M$21.7M200x
OKX US100-USDT-SWAP0.0000%8h30,372−0.105%$265K$388K20xas long as short
Bitget NDX100USDT0.0000%8h30,429+0.082%$3.5M$572K50xas long as short
Bullet US100-USD0.0000%1h30,412+0.026%$4K$91K10xas long as short
Phemex NAS100USDT0.0000%4h30,395.1−0.029%$1.4M$190K10xas long as short
QFEX US100-USD+0.0001%1h30,414+0.033%$1.2M$1.5M30xas long as short
Lighter US100+0.0032%1h30,400−0.013%$3.9M$94.8M30xas long as short
Extended TECH100m-USD+0.0032%1h30,411+0.023%$1.9M$5.2M20xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest NDX-USD-PERP+0.0046%1h30,706.8+0.996%$205.8M50xas long as short
Paradex US100-USD-PERP+0.0050%8h30,397.9−0.020%5xas long as short
Polymarket Perps NAS100-USD+0.0050%1h30,413+0.030%$7.2M$1.9M50xas long as short
Ondo Perps US100-USD.P+0.0050%1h30,414+0.033%$6.0M$9.3M25xas long as short
Kraken Futures PF_US100USDshort+0.0340%1h30,439.5+0.117%$141K$128K20x