Funding you earn now, next payment 08:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.20 per $10,000 · paid last 24h −0.015%
Price spread now: Gate against Orderly−0.039%7-day average +0.116% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.271%−$27 on $10k
+Price spread, last 4 days (all we have)+0.077%+$8 · spread now −0.039%, 7d avg +0.116%
=Funding pays, the price is against you. Gate is 0.155% cheaper against Orderly than usual: you would sell low and buy high (spread −0.039% now, against its 7-day average of +0.116%). If the spread goes back, that is −$15 on $10k: about 25 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.271%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_NAS100_USDC | 30,503.9 | −0.0220 | get 0.0220% / 8h | 2h 51m | $102K | $38K | 20x |
| Short | Gate NAS100_USDT | 30,492 | −0.0200 | pay 0.0200% / 8h | 2h 51m | $1.9M | $3.6M | 100x |
Orderly PERP_NAS100_USDC
Gate NAS100_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $4.29
- Price spread: −0.039% → +0.116%
- −$15.5
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$32.2
- Costs to cover
- 0.210%
- Break-even
- 59.5 days
Slippage unknown: Orderly: no order-book sample; Gate: live order book, 2 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 Gate live order book, 2 min ago | 1.11 bp | 29.9 bp −$30 | 117.1 bp −$1,171 | 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 | −0.0220% | 8h | 30,503.9 | long leg | $102K | $38K | 20x | |
| Gate NAS100_USDTshort | −0.0200% | 8h | 30,492 | −0.039% | $1.9M | $3.6M | 100x | |
| MEXC NAS100_USDT | −0.0076% | 8h | 30,513 | +0.030% | $26.4M | $20.1M | 200x | as long as short |
| OKX US100-USDT-SWAP | 0.0000% | 8h | 30,488 | −0.052% | $262K | $374K | 20x | as long as short |
| Bitget NDX100USDT | 0.0000% | 8h | 30,526 | +0.072% | $3.5M | $635K | 50x | as long as short |
| Bullet US100-USD | 0.0000% | 1h | 30,513 | +0.030% | $3K | $90K | 10x | as long as short |
| Phemex NAS100USDT | 0.0000% | 4h | 30,489.5 | −0.047% | $1.4M | $191K | 10x | as long as short |
| QFEX US100-USD | +0.0002% | 1h | 30,514 | +0.033% | $1.3M | $1.3M | 30x | as long as short |
| Lighter US100 | +0.0032% | 1h | 30,506 | +0.007% | $3.9M | $95.2M | 30x | as long as short |
| Extended TECH100m-USD | +0.0032% | 1h | 30,513.1 | +0.030% | $2.0M | $5.8M | 20x | as long as short |
MEXC NAS100_USDT
OKX US100-USDT-SWAP
Bitget NDX100USDT
Bullet US100-USD
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 | 30,806.9 | +0.993% | — | $203.0M | 50x | as long as short |
| Paradex US100-USD-PERP | +0.0050% | 8h | 30,505.9 | +0.006% | — | — | 5x | as long as short |
| Polymarket Perps NAS100-USD | +0.0050% | 1h | 30,514 | +0.033% | $7.2M | $1.9M | 50x | as long as short |
| Ondo Perps US100-USD.P | +0.0094% | 1h | 30,523 | +0.063% | $6.0M | $8.4M | 25x | as long as short |
| Kraken Futures PF_US100USD | +0.1693% | 1h | 30,533.9 | +0.098% | $137K | $137K | 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