Funding you earn now, next payment 00:00 UTC+0.0249%/8h= +27.3% APRpaid last 24h +0.012%
Price spread now: Lighter against Orderly+0.019%7-day average +0.225% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.312%−$31 on $10k
+Price spread, last 3 days (all we have)+0.201%+$20 · spread now +0.019%, 7d avg +0.225%
=Together, before fees−0.111%+ Points / potential airdropLighter: Season 3 · farm board−$11 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.206% cheaper against Orderly than usual: you would sell low and buy high (spread +0.019% now, against its 7-day average of +0.225%). If the spread goes back, that is −$21 on $10k: about 2.8 days of funding at the current rate (+$7 a day). Mind the row above: over the last 7 days funding on this pair cost −0.312%, 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 | 30,542.2 | −0.0217 | get 0.0217% / 8h | 17m 54s | $102K | $38K | 20x |
| Short | Lighter US100 | 30,548 | 0.0032 | get 0.0004% / 1h | 17m 54s | $3.8M | $93.8M | 30x |
Orderly PERP_NAS100_USDC
Lighter US100Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- $52.3
- Price spread: +0.019% → +0.225%
- −$20.62
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $25.68
- Costs to cover
- 0.060%
- Break-even
- 3.6 days
Slippage unknown: Orderly: no order-book sample; Lighter: live order book, 6 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 Lighter live order book, 6 min ago | 0.49 bp | 0.5 bp $0 | 0.7 bp −$7 | 5.0 bp −$501 | 215.0 bp −$107.5K |
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 | −0.0217% | 8h | 30,542.2 | long leg | $102K | $38K | 20x | |
| MEXC NAS100_USDT | −0.0109% | 8h | 30,552 | +0.032% | $22.9M | $19.6M | 200x | as long as short |
| Gate NAS100_USDT | −0.0059% | 8h | 30,498.5 | −0.143% | $1.8M | $3.6M | 100x | as long as short |
| OKX US100-USDT-SWAP | 0.0000% | 8h | 30,509 | −0.109% | $260K | $357K | 20x | as long as short |
| Bitget NDX100USDT | 0.0000% | 8h | 30,532 | −0.033% | $3.5M | $669K | 50x | as long as short |
| Bullet US100-USD | 0.0000% | 1h | 30,551.3 | +0.030% | $3K | $90K | 10x | as long as short |
| Phemex NAS100USDT | 0.0000% | 4h | 30,462.9 | −0.260% | $1.4M | $177K | 10x | as long as short |
| QFEX US100-USD | +0.0001% | 1h | 30,550 | +0.026% | $1.4M | $1.0M | 30x | as long as short |
| Lighter US100short | +0.0032% | 1h | 30,548 | +0.019% | $3.8M | $93.8M | 30x | |
| Extended TECH100m-USD | +0.0032% | 1h | 30,553.7 | +0.038% | $2.1M | $5.5M | 20x | as long as short |
MEXC NAS100_USDT
Gate NAS100_USDT
OKX US100-USDT-SWAP
Bitget NDX100USDT
Bullet US100-USD
Phemex NAS100USDT
QFEX US100-USD
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 | 30,837.1 | +0.966% | — | $194.1M | 50x | as long as short |
| Paradex US100-USD-PERP | +0.0050% | 8h | 30,542.5 | +0.001% | — | — | 5x | as long as short |
| Polymarket Perps NAS100-USD | +0.0050% | 1h | 30,552 | +0.032% | $7.2M | $1.8M | 50x | as long as short |
| Ondo Perps US100-USD.P | +0.0213% | 1h | 30,562.7 | +0.067% | $6.0M | $8.8M | 25x | as long as short |
| Kraken Futures PF_US100USD | +0.1978% | 1h | 30,613.5 | +0.233% | $124K | $122K | 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