Funding arb · Price arb /

NAS100

RWAall NAS100 markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0004%/8h= −0.5% APRpaid last 24h —

Price spread now: Vest against Paradex+0.973%48s7-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 Vest

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 · Vest: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Vest is 0.973% dearer against Paradex than usual: you sell high and buy low, +$97 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 48 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	30,508.9	0.0050	pay 0.0050% / 8h	3h 07m	—	—	5x
Short	Vest NDX-USD-PERP	30,805.8	0.0046	get 0.0006% / 1h	7m 35s	—	$202.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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 VestbpOrdersPrice spread, now +0.973%Rate

Funding earned: −$0.91
Price spread: +0.973% → 0.000%: $97.31
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Vest: 1 bp × 2 orders: −$2
Net: $90.4
Costs to cover: 0.060%
Break-even: from the start

Slippage unknown: Paradex: 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 Paradex no order-book sample	—	—	—	—	—
Sell Vest no order-book sample	—	—	—	—	—

Paradex 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_USDC	−0.0212%	8h	30,501.9	−0.023%	$102K	$38K	20x	as long as short
Gate NAS100_USDT	−0.0200%	8h	30,499	−0.032%	$1.9M	$3.7M	100x	as long as short
MEXC NAS100_USDT	−0.0075%	8h	30,515	+0.020%	$26.5M	$20.0M	200x	as long as short
OKX US100-USDT-SWAP	0.0000%	8h	30,488	−0.068%	$262K	$375K	20x	as long as short
Bitget NDX100USDT	0.0000%	8h	30,536	+0.089%	$3.5M	$634K	50x	as long as short
Bullet US100-USD	0.0000%	1h	30,513.8	+0.016%	$4K	$90K	10x	as long as short
Phemex NAS100USDT	0.0000%	4h	30,499.6	−0.031%	$1.4M	$189K	10x	as long as short
QFEX US100-USD	+0.0002%	1h	30,514	+0.017%	$1.3M	$1.3M	30x	as long as short
Lighter US100	+0.0032%	1h	30,510	+0.004%	$3.9M	$99.0M	30x	as long as short
Extended TECH100m-USD	+0.0032%	1h	30,515.6	+0.022%	$2.0M	$5.8M	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-PERPshort	+0.0046%	1h	30,805.8	+0.973%	—	$202.9M	50x
Paradex US100-USD-PERPlong	+0.0050%	8h	30,508.9	long leg	—	—	5x
Polymarket Perps NAS100-USD	+0.0050%	1h	30,514	+0.017%	$7.2M	$1.9M	50x	as long as short
Ondo Perps US100-USD.P	+0.0122%	1h	30,528.4	+0.064%	$6.0M	$8.4M	25x	as long as short
Kraken Futures PF_US100USD	+0.2683%	1h	30,545.2	+0.119%	$137K	$137K	20x	as long as short