Funding you earn now, next payment 08:00 UTC+0.0327%/8h= +35.8% APRpaid last 24h +0.047%
Price spread now: Vest against Orderly+1.005%7-day average +1.265% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.011%+$1 on $10k
+Price spread, last 4 days (all we have)+0.298%+$30 · spread now +1.005%, 7d avg +1.265%
=Together, before fees+0.309%+ Points / potential airdropVest: Active · farm board+$31 on $10k · with fees, hour by hour
Funding pays, the price is against you. Vest is 0.259% cheaper against Orderly than usual: you would sell low and buy high (spread +1.005% now, against its 7-day average of +1.265%). If the spread goes back, that is −$26 on $10k: about 2.6 days of funding at the current rate (+$10 a day). At the pace of the last 4 days (+0.011% in total) that is about 3 months.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.011% in total (about 1.1% 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 | 30,468.3 | −0.0281 | get 0.0281% / 8h | 49m 06s | $101K | $38K | 20x |
| Short | Vest NDX-USD-PERP | 30,774.6 | 0.0046 | get 0.0006% / 1h | 49m 06s | — | $203.2M | 50x |
Orderly PERP_NAS100_USDC
Vest NDX-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Vest 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
- $68.65
- Price spread: +1.005% → +1.265%
- −$25.93
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- $34.72
- Costs to cover
- 0.080%
- Break-even
- 3.5 days
Slippage unknown: Orderly: no order-book sample; Vest: 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Vest no order-book sample | — | — | — | — | — |
Orderly and Vest: 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 | −0.0281% | 8h | 30,468.3 | long leg | $101K | $38K | 20x | |
| Gate NAS100_USDT | −0.0200% | 8h | 30,426.7 | −0.137% | $2.0M | $3.3M | 100x | as long as short |
| MEXC NAS100_USDT | −0.0072% | 8h | 30,479 | +0.035% | $23.9M | $20.6M | 200x | as long as short |
| OKX US100-USDT-SWAP | 0.0000% | 8h | 30,438 | −0.099% | $268K | $380K | 20x | as long as short |
| Bitget NDX100USDT | 0.0000% | 8h | 30,492 | +0.078% | $3.5M | $630K | 50x | as long as short |
| Bullet US100-USD | 0.0000% | 1h | 30,474 | +0.019% | $4K | $91K | 10x | as long as short |
| Phemex NAS100USDT | 0.0000% | 4h | 30,434.8 | −0.110% | $1.4M | $194K | 10x | as long as short |
| QFEX US100-USD | 0.0000% | 1h | 30,474 | +0.019% | $1.3M | $1.4M | 30x | as long as short |
| Lighter US100 | +0.0032% | 1h | 30,476 | +0.025% | $3.9M | $94.0M | 30x | as long as short |
| Extended TECH100m-USD | +0.0032% | 1h | 30,483.9 | +0.051% | $2.0M | $5.9M | 20x | as long as short |
Gate NAS100_USDT
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-PERPshort | +0.0046% | 1h | 30,774.6 | +1.005% | — | $203.2M | 50x | |
| Paradex US100-USD-PERP | +0.0050% | 8h | 30,470.6 | +0.008% | — | — | 5x | as long as short |
| Polymarket Perps NAS100-USD | +0.0050% | 1h | 30,476 | +0.025% | $7.2M | $2.0M | 50x | as long as short |
| Ondo Perps US100-USD.P | +0.0050% | 1h | 30,476.9 | +0.028% | $6.0M | $8.9M | 25x | as long as short |
| Kraken Futures PF_US100USD | +0.1160% | 1h | 30,497.2 | +0.095% | $141K | $141K | 20x | as long as short |
Paradex US100-USD-PERP
Polymarket Perps NAS100-USD
Ondo Perps US100-USD.P
Kraken Futures PF_US100USD