Funding you earn now, next payment 03:00 UTC+0.2761%/8h= +302.3% APRpaid last 24h —
Price spread now: Kraken Futures against Paradex+0.207%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$83 a day on $10k at the current rate, and Kraken Futures is 0.207% dearer against Paradex than usual: you sell high and buy low: +$21 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex US100-USD-PERP | 30,580.9 | 0.0050 | pay 0.0050% / 8h | 5h 02m | — | — | 5x |
| Short | Kraken Futures PF_US100USD | 30,644.1 | 0.2811 | get 0.0351% / 1h | 2m 00s | $131K | $127K | 20x |
Paradex US100-USD-PERP
Kraken Futures PF_US100USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Paradex. 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
- $579.73
- Price spread: +0.207% → 0.000%
- $20.69
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $586.42
- Costs to cover
- 0.140%
- Break-even
- from the start
Slippage unknown: Paradex: no order-book sample; Kraken Futures: live order book, 60 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 60 min ago | 4.57 bp | 30.7 bp −$31 | 86.3 bp −$863 | doesn't fit | doesn't fit |
Paradex: 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 | −0.0211% | 8h | 30,575.4 | −0.018% | $102K | $38K | 20x | as long as short |
| Gate NAS100_USDT | −0.0200% | 8h | 30,515.3 | −0.214% | $1.9M | $3.7M | 100x | as long as short |
| MEXC NAS100_USDT | −0.0106% | 8h | 30,590 | +0.030% | $24.8M | $19.6M | 200x | as long as short |
| OKX US100-USDT-SWAP | 0.0000% | 8h | 30,560 | −0.068% | $263K | $380K | 20x | as long as short |
| Bitget NDX100USDT | 0.0000% | 8h | 30,554 | −0.088% | $3.5M | $620K | 50x | as long as short |
| Bullet US100-USD | 0.0000% | 1h | 30,588 | +0.023% | $3K | $89K | 10x | as long as short |
| Phemex NAS100USDT | 0.0000% | 4h | 30,503.1 | −0.254% | $1.4M | $180K | 10x | as long as short |
| QFEX US100-USD | +0.0004% | 1h | 30,587 | +0.020% | $1.3M | $1.3M | 30x | as long as short |
| Lighter US100 | +0.0032% | 1h | 30,586 | +0.017% | $4.0M | $96.8M | 30x | as long as short |
| Extended TECH100m-USD | +0.0032% | 1h | 30,592 | +0.037% | $2.2M | $5.4M | 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
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 | 30,877 | +0.968% | — | $197.1M | 50x | as long as short |
| Paradex US100-USD-PERPlong | +0.0050% | 8h | 30,580.9 | long leg | — | — | 5x | |
| Polymarket Perps NAS100-USD | +0.0050% | 1h | 30,590 | +0.030% | $7.2M | $1.9M | 50x | as long as short |
| Ondo Perps US100-USD.P | +0.0126% | 1h | 30,596.9 | +0.052% | $6.0M | $8.5M | 25x | as long as short |
| Kraken Futures PF_US100USDshort | +0.2811% | 1h | 30,644.1 | +0.207% | $131K | $127K | 20x |
Vest NDX-USD-PERP
Polymarket Perps NAS100-USD
Ondo Perps US100-USD.P