Funding you earn now, next payment 01:00 UTC−0.0186%/8h= −20.4% APRnext payment −$0.23 per $10,000 · paid last 24h −0.022%
Price spread now: QFEX against Ondo Perps−0.050%7-day average −0.036% · 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)−0.049%−$5 on $10k
+Price spread, last 4 days (all we have)+0.015%+$1 · spread now −0.050%, 7d avg −0.036%
=Together, before fees−0.035%+ Points / potential airdropOndo Perps: Active · farm board−$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.036%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.049% in total (about -5.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.23 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 | Ondo Perps US100-USD.P | 30,598.3 | 0.0188 | pay 0.0023% / 1h | 48m 29s | $6.0M | $8.8M | 25x |
| Short | QFEX US100-USD | 30,583 | 0.0002 | get 0.0000% / 1h | 48m 29s | $1.4M | $975K | 30x |
Ondo Perps US100-USD.P
QFEX US100-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$39.06
- Price spread: −0.050% → −0.036%
- −$1.41
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$55.47
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; QFEX: live order book, 3 min ago. 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 QFEX live order book, 3 min ago | 0.49 bp | 6.8 bp −$7 | 6.9 bp −$69 | doesn't fit | doesn't fit |
Ondo Perps: 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 | 30,570.2 | −0.092% | $102K | $38K | 20x | as long as short |
| Gate NAS100_USDT | −0.0200% | 8h | 30,514.7 | −0.273% | $1.8M | $3.6M | 100x | as long as short |
| MEXC NAS100_USDT | −0.0106% | 8h | 30,581 | −0.057% | $22.6M | $19.3M | 200x | as long as short |
| OKX US100-USDT-SWAP | 0.0000% | 8h | 30,560 | −0.125% | $261K | $357K | 20x | as long as short |
| Bitget NDX100USDT | 0.0000% | 8h | 30,548 | −0.164% | $3.5M | $667K | 50x | as long as short |
| Bullet US100-USD | 0.0000% | 1h | 30,584 | −0.047% | $3K | $90K | 10x | as long as short |
| Phemex NAS100USDT | 0.0000% | 4h | 30,464.6 | −0.437% | $1.4M | $172K | 10x | as long as short |
| QFEX US100-USDshort | +0.0002% | 1h | 30,583 | −0.050% | $1.4M | $975K | 30x | |
| Lighter US100 | +0.0032% | 1h | 30,579 | −0.063% | $3.9M | $92.5M | 30x | as long as short |
| Extended TECH100m-USD | +0.0032% | 1h | 30,584.1 | −0.046% | $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
Bullet US100-USD
Phemex NAS100USDT
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 | 30,866 | +0.875% | — | $193.9M | 50x | as long as short |
| Paradex US100-USD-PERP | +0.0050% | 8h | 30,576.9 | −0.070% | — | — | 5x | as long as short |
| Polymarket Perps NAS100-USD | +0.0050% | 1h | 30,582 | −0.053% | $7.2M | $1.9M | 50x | as long as short |
| Ondo Perps US100-USD.Plong | +0.0188% | 1h | 30,598.3 | long leg | $6.0M | $8.8M | 25x | |
| Kraken Futures PF_US100USD | +0.2935% | 1h | 30,622.1 | +0.078% | $124K | $122K | 20x | as long as short |
Vest NDX-USD-PERP
Paradex US100-USD-PERP
Polymarket Perps NAS100-USD
Kraken Futures PF_US100USD