Funding you earn now, next payment 00:00 UTC−0.0018%/8h= −2.0% APRpaid last 24h —
Price spread now: Lighter against Paradex−0.003%57s7-day average — · you buy dearer than you sell
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
=Together, before fees—+ Points / potential airdropParadex: Active · Lighter: Season 3 · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex US100-USD-PERP | 30,544.9 | 0.0050 | pay 0.0050% / 8h | 15m 43s | — | — | 5x |
| Short | Lighter US100 | 30,544 | 0.0032 | get 0.0004% / 1h | 15m 43s | $3.8M | $93.8M | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- −$3.78
- Price spread: −0.003% → 0.000%
- −$0.29
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$8.07
- Costs to cover
- 0.040%
- Break-even
- never at this rate
Slippage unknown: Paradex: no order-book sample; Lighter: live order book, 8 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 Lighter live order book, 8 min ago | 0.49 bp | 0.5 bp $0 | 0.7 bp −$7 | 5.0 bp −$501 | 215.0 bp −$107.5K |
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 | −0.0217% | 8h | 30,537.8 | −0.023% | $102K | $38K | 20x | as long as short |
| MEXC NAS100_USDT | −0.0113% | 8h | 30,550 | +0.017% | $22.9M | $19.6M | 200x | as long as short |
| Gate NAS100_USDT | −0.0062% | 8h | 30,498.2 | −0.153% | $1.8M | $3.6M | 100x | as long as short |
| OKX US100-USDT-SWAP | 0.0000% | 8h | 30,509 | −0.118% | $260K | $357K | 20x | as long as short |
| Bitget NDX100USDT | 0.0000% | 8h | 30,533 | −0.039% | $3.5M | $669K | 50x | as long as short |
| Bullet US100-USD | 0.0000% | 1h | 30,549.6 | +0.015% | $3K | $90K | 10x | as long as short |
| Phemex NAS100USDT | 0.0000% | 4h | 30,464.6 | −0.263% | $1.4M | $177K | 10x | as long as short |
| QFEX US100-USD | +0.0001% | 1h | 30,549 | +0.013% | $1.4M | $1.0M | 30x | as long as short |
| Lighter US100short | +0.0032% | 1h | 30,544 | −0.003% | $3.8M | $93.8M | 30x | |
| Extended TECH100m-USD | +0.0032% | 1h | 30,550.2 | +0.017% | $2.1M | $5.5M | 20x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest NDX-USD-PERP | +0.0046% | 1h | 30,835.5 | +0.951% | — | $194.1M | 50x | as long as short |
| Paradex US100-USD-PERPlong | +0.0050% | 8h | 30,544.9 | long leg | — | — | 5x | |
| Polymarket Perps NAS100-USD | +0.0050% | 1h | 30,551 | +0.020% | $7.2M | $1.8M | 50x | as long as short |
| Ondo Perps US100-USD.P | +0.0213% | 1h | 30,562.7 | +0.058% | $6.0M | $8.8M | 25x | as long as short |
| Kraken Futures PF_US100USD | +0.1978% | 1h | 30,612.5 | +0.221% | $124K | $122K | 20x | as long as short |
Paradex US100-USD-PERP
Lighter US100
MEXC NAS100_USDT
Gate NAS100_USDT
OKX US100-USDT-SWAP
Bitget NDX100USDT
Bullet US100-USD
Phemex NAS100USDT
Extended TECH100m-USD
Polymarket Perps NAS100-USD
Kraken Futures PF_US100USD