Funding you earn now, next payment 01:00 UTC+0.0247%/8h= +27.0% APRpaid last 24h +0.043%
Price spread now: Extended against Orderly+0.048%7-day average +0.228% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.026%−$3 on $10k
+Price spread, last 3 days (all we have)+0.256%+$26 · spread now +0.048%, 7d avg +0.228%
=Together, before fees+0.231%+ Points / potential airdropExtended: Active · farm board+$23 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.180% cheaper against Orderly than usual: you would sell low and buy high (spread +0.048% now, against its 7-day average of +0.228%). If the spread goes back, that is −$18 on $10k: about 2.4 days of funding at the current rate (+$7 a day).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.026% in total (about -1.3% a year). A funding rate is set anew for every payment. 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 | Orderly PERP_NAS100_USDC | 30,582.8 | −0.0215 | get 0.0215% / 8h | 7h 28m | $102K | $38K | 20x |
| Short | Extended TECH100m-USD | 30,597.5 | 0.0032 | get 0.0004% / 1h | 28m 49s | $2.1M | $5.5M | 20x |
Orderly PERP_NAS100_USDC
Extended TECH100m-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Orderly. 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
- $51.78
- Price spread: +0.048% → +0.228%
- −$18.01
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $22.76
- Costs to cover
- 0.110%
- Break-even
- 3.9 days
Slippage unknown: Orderly: no order-book sample; Extended: live order book, 5 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Extended live order book, 5 min ago | 0.65 bp | 3.2 bp −$3 | 7.6 bp −$76 | doesn't fit | doesn't fit |
Orderly: 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_USDClong | −0.0215% | 8h | 30,582.8 | long leg | $102K | $38K | 20x | |
| Gate NAS100_USDT | −0.0200% | 8h | 30,523.4 | −0.194% | $1.8M | $3.6M | 100x | as long as short |
| MEXC NAS100_USDT | −0.0097% | 8h | 30,599 | +0.053% | $22.4M | $19.5M | 200x | as long as short |
| OKX US100-USDT-SWAP | 0.0000% | 8h | 30,581 | −0.006% | $261K | $357K | 20x | as long as short |
| Bitget NDX100USDT | 0.0000% | 8h | 30,555 | −0.091% | $3.5M | $668K | 50x | as long as short |
| Bullet US100-USD | 0.0000% | 1h | 30,593 | +0.033% | $4K | $90K | 10x | as long as short |
| Phemex NAS100USDT | 0.0000% | 4h | 30,470.2 | −0.368% | $1.4M | $171K | 10x | as long as short |
| QFEX US100-USD | +0.0002% | 1h | 30,589 | +0.020% | $1.4M | $1.0M | 30x | as long as short |
| Lighter US100 | +0.0032% | 1h | 30,590 | +0.024% | $3.8M | $93.4M | 30x | as long as short |
| Extended TECH100m-USDshort | +0.0032% | 1h | 30,597.5 | +0.048% | $2.1M | $5.5M | 20x |
Gate NAS100_USDT
MEXC NAS100_USDT
OKX US100-USDT-SWAP
Bitget NDX100USDT
Bullet US100-USD
Phemex NAS100USDT
QFEX US100-USD
Lighter US100Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest NDX-USD-PERP | +0.0046% | 1h | 30,877.1 | +0.962% | — | $194.7M | 50x | as long as short |
| Paradex US100-USD-PERP | +0.0050% | 8h | 30,583.7 | +0.003% | — | — | 5x | as long as short |
| Polymarket Perps NAS100-USD | +0.0050% | 1h | 30,592 | +0.030% | $7.2M | $1.9M | 50x | as long as short |
| Ondo Perps US100-USD.P | +0.0178% | 1h | 30,606 | +0.076% | $6.0M | $8.7M | 25x | as long as short |
| Kraken Futures PF_US100USD | +0.2933% | 1h | 30,646.5 | +0.208% | $127K | $125K | 20x | as long as short |
Vest NDX-USD-PERP
Paradex US100-USD-PERP
Polymarket Perps NAS100-USD
Ondo Perps US100-USD.P
Kraken Futures PF_US100USD