Funding you earn now, next payment 08:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%
Price spread now: Extended against Phemex+0.124%7-day average +0.170% · you sell dearer than you buy
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$600.601% of the position
Funding, last 7 days+0.075%+$8 on $10k
+Price spread, last 4 days (all we have)+0.023%+$2 · spread now +0.124%, 7d avg +0.170%
=Together, before fees+0.099%+ Points / potential airdropExtended: Active · farm board+$10 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.047% cheaper against Phemex than usual: you would sell low and buy high (spread +0.124% now, against its 7-day average of +0.170%). If the spread goes back, that is −$5 on $10k: about 4.9 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex NAS100USDT | 30,433.7 | 0 | get 0.0000% / 4h | 50m 57s | $1.4M | $194K | 10x |
| Short | Extended TECH100m-USD | 30,471.5 | 0.0032 | get 0.0004% / 1h | 50m 57s | $2.0M | $5.9M | 20x |
Phemex NAS100USDT
Extended TECH100m-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Phemex. 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
- $6.72
- Price spread: +0.124% → +0.170%
- −$4.66
- Slippage, 4 orders
- −$43.08
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$58.02
- Costs to cover
- 0.601%
- Break-even
- 67.4 days
Slippage from Phemex: live order book, 2 min ago; Extended: live order book, 3 min ago.
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 Phemex live order book, 2 min ago | 11.82 bp | 27.8 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 3 min ago | 0.82 bp | 4.1 bp −$4 | 7.8 bp −$78 | doesn't fit | doesn't fit |
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 | −0.0281% | 8h | 30,457.1 | +0.077% | $101K | $38K | 20x | as long as short |
| Gate NAS100_USDT | −0.0200% | 8h | 30,420.2 | −0.045% | $2.0M | $3.3M | 100x | as long as short |
| MEXC NAS100_USDT | −0.0073% | 8h | 30,469 | +0.116% | $23.9M | $20.6M | 200x | as long as short |
| OKX US100-USDT-SWAP | 0.0000% | 8h | 30,438 | +0.014% | $268K | $380K | 20x | as long as short |
| Bitget NDX100USDT | 0.0000% | 8h | 30,488 | +0.178% | $3.5M | $631K | 50x | as long as short |
| Bullet US100-USD | 0.0000% | 1h | 30,469 | +0.116% | $4K | $91K | 10x | as long as short |
| Phemex NAS100USDTlong | 0.0000% | 4h | 30,433.7 | long leg | $1.4M | $194K | 10x | |
| QFEX US100-USD | 0.0000% | 1h | 30,467 | +0.109% | $1.3M | $1.4M | 30x | as long as short |
| Lighter US100 | +0.0032% | 1h | 30,464 | +0.099% | $3.9M | $93.9M | 30x | as long as short |
| Extended TECH100m-USDshort | +0.0032% | 1h | 30,471.5 | +0.124% | $2.0M | $5.9M | 20x |
Orderly PERP_NAS100_USDC
Gate NAS100_USDT
MEXC NAS100_USDT
OKX US100-USDT-SWAP
Bitget NDX100USDT
Bullet US100-USD
QFEX US100-USD
Lighter US100Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest NDX-USD-PERP | +0.0046% | 1h | 30,764.4 | +1.086% | — | $203.2M | 50x | as long as short |
| Paradex US100-USD-PERP | +0.0050% | 8h | 30,463.4 | +0.097% | — | — | 5x | as long as short |
| Polymarket Perps NAS100-USD | +0.0050% | 1h | 30,469 | +0.116% | $7.2M | $2.0M | 50x | as long as short |
| Ondo Perps US100-USD.P | +0.0050% | 1h | 30,468.5 | +0.114% | $6.0M | $8.9M | 25x | as long as short |
| Kraken Futures PF_US100USD | +0.1160% | 1h | 30,495.7 | +0.204% | $141K | $141K | 20x | as long as short |
Vest NDX-USD-PERP
Paradex US100-USD-PERP
Polymarket Perps NAS100-USD
Ondo Perps US100-USD.P
Kraken Futures PF_US100USD