Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 27,713.5 | 0 | 0.0000% / 4h | 42m 39s | $1.4M | $209K | 10x | Long Phemex | |
| SHORT | 27,680 | +0.1964 | get 0.0246% / 1h | 42m 39s | $186K | $176K | 20x | Short Kraken Futures |
Price gap−0.121%
Funding gap+0.1964% /8h
Both sides work: funding pays +$59 a day on $10k, and the gap is 0.090% above its 7d average: +$9 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$103+0.1964% /8h now · paid −1.033% over the last 7D
Price+$9spread −0.121% now, avg −0.211% → +0.090% if it goes back
Costs−$4084.079% of $10k · taker + slippage, in and out
Result−$502−5.02%no points
The current funding rate is far above what this pair has been paying: over the last 7 days it paid −1.033% in total, about −0.0492%/8h on average.
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.121%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hNAS100 on 22 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size65.8 / 184.9 bpAt $10k entering Kraken Futures costs 184.9 bp, fee and slippage, 2.8× Phemex’s.
- Note: Margin at max leverage$1,000 + $500Phemex 10x, Kraken Futures 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$58.93Long Phemex: 6 payments, $0.00; short Kraken Futures: 24 payments, +$58.93.
- OK: Entry gap works for you−0.121% vs −0.211%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$186K vs $1.4M OIKraken Futures sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCPhemex Yes · Kraken Futures YesKYC unlocks spot and futures trading; an unverified account cannot withdraw at all.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0492%/8h × 21 periods−$103.33
Price spread−0.121% → −0.211% (7d avg)+$9.04
Slippage, 4 orderslive order books−$385.89
Fee Phemex bp × 2 orders−$12.00
Fee Kraken Futures bp × 2 orders−$10.00
Net · 7 days · $10k−$502.18
Costs to cover4.079%Break-evennever at this rate
Slippage: Phemex: live order book, 4 min ago; Kraken Futures: live order book, 65 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPhemex51.9165.8 bp−$66132.6 bp−$1,326doesn’t fitdoesn’t fit
SELL · SHORTKraken Futures48.51184.9 bp−$185doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
NAS100 news
posts that mention NAS100 or Nasdaq-100, from every exchange| 11-07 15:15 | Variational Omni | Other | Swaps are built for size. TradFi liquidity on gold, US100, oil, volatility and more, directly on-chain. Only on Omni. @variational_io on X ↗ |
| 11-06 20:11 | Polymarket Perps | Other | Another challenger has entered the race. Overnight, bagelwhiskeylog started building a $US100 long and added to his existing $USA500 short. Both positions remain open. Unrealized PnL: +$283K (+$22.4K since the competition began). @Poly_Perps on X ↗ |
| 11-06 10:30 | MEXC | Other | Last NFP, MEXC index futures rose in the first 15 minutes. 👀 📈 SPX500_USDT: +0.28% 📈 NAS100_USDT: +0.39% See the historical moves and what to watch on Nov 6: @MEXC on X ↗ |
| 11-02 16:00 | Bybit | Other | Here are 6 more reasons to follow our #MarketPulse reports on @Bybit_Learn. Last week, Gold, NAS100, EURUSD, Microsoft, Amazon, and Sandisk performed as expected - fulfilling their respective trade setups. RECAP: Did you miss these recent trading opportunities? 👇🏽 @Bybit_Official on X ↗ |
| 11-01 14:02 | Gate | Listing | Is AI a bubble? The debate is live. Gate Learn breaks down what actually matters: · Nasdaq-100 trading near 35x earnings, Nvidia ~58x, Arm ~143x · 95% of enterprise AI projects reported zero meaningful returns by 2025 · How a correction in AI equities could spill into AI tokens and crypto Full guide: @Gate on X ↗ |
| 10-28 17:49 | Markets by Kinetiq | Other | China's AI stocks already crashed. $ZHIPU is down 80% from its high, $MINIMAX 74%. The Nasdaq-100 is down 5%. A China problem, or a preview? @Markets_xyz on X ↗ |


Variational Omni
Polymarket Perps
MEXC
Bybit
Gate