Funding you earn now, next payment 01:00 UTC−0.0190%/8h= −20.8% APRnext payment −$0.24 per $10,000 · paid last 24h −0.023%
Price spread now: Bullet against Ondo Perps−0.054%46s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Bullet is 0.054% cheaper against Ondo Perps than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps US100-USD.P | 30,582.5 | 0.0190 | pay 0.0024% / 1h | 52m 43s | $6.0M | $8.8M | 25x |
| Short | Bullet US100-USD | 30,566.1 | 0 | get 0.0000% / 1h | 52m 43s | $3K | $90K | 10x |
Ondo Perps US100-USD.P
Bullet US100-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bullet against Ondo Perps. 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
- −$39.82
- Price spread: −0.054% → 0.000%
- −$5.35
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Bullet: 4 bp × 2 orders
- −$8
- Net
- −$58.17
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Bullet: 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Bullet no order-book sample | — | — | — | — | — |
Ondo Perps and Bullet: 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 | −0.0216% | 8h | 30,554 | −0.093% | $102K | $38K | 20x | as long as short |
| Gate NAS100_USDT | −0.0200% | 8h | 30,510.5 | −0.235% | $1.8M | $3.6M | 100x | as long as short |
| MEXC NAS100_USDT | −0.0106% | 8h | 30,565 | −0.057% | $22.6M | $19.3M | 200x | as long as short |
| OKX US100-USDT-SWAP | 0.0000% | 8h | 30,525 | −0.188% | $261K | $356K | 20x | as long as short |
| Bitget NDX100USDT | 0.0000% | 8h | 30,537 | −0.149% | $3.5M | $669K | 50x | as long as short |
| Bullet US100-USDshort | 0.0000% | 1h | 30,566.1 | −0.054% | $3K | $90K | 10x | |
| Phemex NAS100USDT | 0.0000% | 4h | 30,496.3 | −0.282% | $1.4M | $174K | 10x | as long as short |
| QFEX US100-USD | +0.0002% | 1h | 30,569 | −0.044% | $1.4M | $975K | 30x | as long as short |
| Lighter US100 | +0.0032% | 1h | 30,562 | −0.067% | $3.9M | $92.2M | 30x | as long as short |
| Extended TECH100m-USD | +0.0032% | 1h | 30,568 | −0.047% | $2.1M | $5.5M | 20x | as long as short |
Orderly PERP_NAS100_USDC
Gate NAS100_USDT
MEXC NAS100_USDT
OKX US100-USDT-SWAP
Bitget NDX100USDT
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-PERP | +0.0046% | 1h | 30,849.8 | +0.874% | — | $194.1M | 50x | as long as short |
| Paradex US100-USD-PERP | +0.0050% | 8h | 30,559.9 | −0.074% | — | — | 5x | as long as short |
| Polymarket Perps NAS100-USD | +0.0050% | 1h | 30,564 | −0.060% | $7.2M | $1.9M | 50x | as long as short |
| Ondo Perps US100-USD.Plong | +0.0190% | 1h | 30,582.5 | long leg | $6.0M | $8.8M | 25x | |
| Kraken Futures PF_US100USD | +0.2935% | 1h | 30,621.1 | +0.126% | $124K | $122K | 20x | as long as short |
Vest NDX-USD-PERP
Paradex US100-USD-PERP
Polymarket Perps NAS100-USD
Kraken Futures PF_US100USD