Funding arb · Price arb /

NAS100

RWAall NAS100 markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bitget against OKX+0.144%7-day average +0.031% · you sell dearer than you buy

Net, funding: paid 7d − costs−$59as in the Funding arb table

Net, price: spread back to 7d avg − costs−$56as in the Price arb table

costs, in and out, $10k−$680.677% of the position

Long on OKX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.084%+$8 on $10k

Price spread, last 4 days (all we have)−0.165%−$16 · spread now +0.144%, 7d avg +0.031%

Together, before fees−0.081%−$8 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.113% dearer against OKX than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of +0.031%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX US100-USDT-SWAP	30,454	0	get 0.0000% / 8h	6h 59m	$266K	$389K	20x
Short	Bitget NDX100USDT	30,498	0	get 0.0000% / 8h	6h 59m	$3.5M	$564K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against OKX. 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

Position, each leg$Hold fordaysFee OKXbpFee BitgetbpOrdersPrice spread, now +0.144%Rate

Funding earned: $0
Price spread: +0.144% → +0.031%: $11.3
Slippage, 4 orders: −$45.72
Fee OKX: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$56.42
Costs to cover: 0.677%
Break-even: never at this rate

Slippage from OKX: live order book, 31 min ago; Bitget: live order book, 3 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 OKX live order book, 31 min ago	0.66 bp	9.6 bp −$10	18.6 bp −$186	doesn't fit	doesn't fit
Sell Bitget live order book, 3 min ago	3.61 bp	21.1 bp −$21	22.0 bp −$220	32.2 bp −$3,222	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	−0.0281%	8h	30,472.6	+0.061%	$100K	$38K	20x	as long as short
Gate NAS100_USDT	−0.0200%	8h	30,443.5	−0.035%	$1.8M	$2.5M	100x	as long as short
MEXC NAS100_USDT	−0.0069%	8h	30,485	+0.102%	$20.9M	$22.0M	200x	as long as short
OKX US100-USDT-SWAPlong	0.0000%	8h	30,454	long leg	$266K	$389K	20x
Bitget NDX100USDTshort	0.0000%	8h	30,498	+0.144%	$3.5M	$564K	50x
Bullet US100-USD	0.0000%	1h	30,485	+0.102%	$3K	$90K	10x	as long as short
Phemex NAS100USDT	0.0000%	4h	30,443.5	−0.035%	$1.4M	$196K	10x	as long as short
QFEX US100-USD	+0.0001%	1h	30,480	+0.085%	$1.2M	$1.5M	30x	as long as short
Lighter US100	+0.0032%	1h	30,476	+0.072%	$3.8M	$94.9M	30x	as long as short
Extended TECH100m-USD	+0.0032%	1h	30,482.6	+0.094%	$1.9M	$5.3M	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	30,776.5	+1.059%	—	$209.9M	50x	as long as short
Paradex US100-USD-PERP	+0.0050%	8h	30,472.8	+0.062%	—	—	5x	as long as short
Polymarket Perps NAS100-USD	+0.0050%	1h	30,486	+0.105%	$7.2M	$1.9M	50x	as long as short
Ondo Perps US100-USD.P	+0.0050%	1h	30,488.6	+0.114%	$6.0M	$9.7M	25x	as long as short
Kraken Futures PF_US100USD	+0.0810%	1h	30,440	−0.046%	$141K	$128K	20x	as long as short