Funding arb · Price arb /

NAS100

RWAall NAS100 markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0163%/8h= +17.8% APRpaid last 24h —

Price spread now: Ondo Perps against Paradex+0.081%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Paradex Short on Ondo Perps

What this pair did over the last

the charts below follow

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 · Ondo Perps: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Ondo Perps is 0.081% dearer against Paradex than usual: you sell high and buy low: +$8 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	30,542.9	0.0050	pay 0.0050% / 8h	15m 02s	—	—	5x
Short	Ondo Perps US100-USD.P	30,567.7	0.0213	get 0.0027% / 1h	15m 02s	$6.0M	$8.8M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against Paradex. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ParadexbpFee Ondo PerpsbpOrdersPrice spread, now +0.081%Rate

Funding earned: $34.19
Price spread: +0.081% → 0.000%: $8.13
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: $33.31
Costs to cover: 0.090%
Break-even: 0.2 days

Slippage unknown: Paradex: no order-book sample; Ondo Perps: 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 Paradex no order-book sample	—	—	—	—	—
Sell Ondo Perps no order-book sample	—	—	—	—	—

Paradex and Ondo Perps: 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	30,537.5	−0.018%	$102K	$38K	20x	as long as short
MEXC NAS100_USDT	−0.0113%	8h	30,549	+0.020%	$22.9M	$19.6M	200x	as long as short
Gate NAS100_USDT	−0.0063%	8h	30,498.6	−0.145%	$1.8M	$3.6M	100x	as long as short
OKX US100-USDT-SWAP	0.0000%	8h	30,509	−0.111%	$260K	$357K	20x	as long as short
Bitget NDX100USDT	0.0000%	8h	30,534	−0.029%	$3.5M	$669K	50x	as long as short
Bullet US100-USD	0.0000%	1h	30,549	+0.020%	$3K	$90K	10x	as long as short
Phemex NAS100USDT	0.0000%	4h	30,464.6	−0.256%	$1.4M	$177K	10x	as long as short
QFEX US100-USD	+0.0001%	1h	30,549	+0.020%	$1.4M	$1.0M	30x	as long as short
Lighter US100	+0.0032%	1h	30,543	0.000%	$3.8M	$93.8M	30x	as long as short
Extended TECH100m-USD	+0.0032%	1h	30,549.5	+0.022%	$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	30,834.6	+0.955%	—	$194.1M	50x	as long as short
Paradex US100-USD-PERPlong	+0.0050%	8h	30,542.9	long leg	—	—	5x
Polymarket Perps NAS100-USD	+0.0050%	1h	30,550	+0.023%	$7.2M	$1.8M	50x	as long as short
Ondo Perps US100-USD.Pshort	+0.0213%	1h	30,567.7	+0.081%	$6.0M	$8.8M	25x
Kraken Futures PF_US100USD	+0.1978%	1h	30,612.4	+0.228%	$124K	$122K	20x	as long as short