Funding arb · Price arb /

NAS100

RWAall NAS100 markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.014%

Price spread now: Ondo Perps against Polymarket Perps+0.012%50s7-day average +0.015% · you sell dearer than you buy

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

Long on Polymarket Perps Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.001%$0 on $10k

Price spread, last 7 days+0.024%+$2 · spread now +0.012%, 7d avg +0.015%

Together, before fees+0.025%+ Points / potential airdropOndo Perps: Active · farm board+$2 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps NAS100-USD	30,469	0.0050	pay 0.0006% / 1h	50m 36s	$7.2M	$2.0M	50x
Short	Ondo Perps US100-USD.P	30,472.8	0.0050	get 0.0006% / 1h	50m 36s	$6.0M	$8.9M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against Polymarket Perps. 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 Polymarket PerpsbpFee Ondo PerpsbpOrdersPrice spread, now +0.012%Rate

Funding earned: $0.08
Price spread: +0.012% → +0.015%: −$0.26
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$13.17
Costs to cover: 0.130%
Break-even: 1104.9 days

Slippage unknown: Polymarket Perps: live order book, 3 min ago; 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 Polymarket Perps live order book, 3 min ago	0.16 bp	4.2 bp −$4	5.4 bp −$54	6.2 bp −$621	11.7 bp −$5,838
Sell Ondo Perps no order-book sample	—	—	—	—	—

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	−0.0281%	8h	30,457.1	−0.039%	$101K	$38K	20x	as long as short
Gate NAS100_USDT	−0.0200%	8h	30,421.2	−0.157%	$2.0M	$3.3M	100x	as long as short
MEXC NAS100_USDT	−0.0072%	8h	30,470	+0.003%	$23.9M	$20.6M	200x	as long as short
OKX US100-USDT-SWAP	0.0000%	8h	30,438	−0.102%	$268K	$380K	20x	as long as short
Bitget NDX100USDT	0.0000%	8h	30,489	+0.066%	$3.5M	$630K	50x	as long as short
Bullet US100-USD	0.0000%	1h	30,469	0.000%	$4K	$91K	10x	as long as short
Phemex NAS100USDT	0.0000%	4h	30,433.7	−0.116%	$1.4M	$194K	10x	as long as short
QFEX US100-USD	0.0000%	1h	30,467	−0.007%	$1.3M	$1.4M	30x	as long as short
Lighter US100	+0.0032%	1h	30,466	−0.010%	$3.9M	$93.9M	30x	as long as short
Extended TECH100m-USD	+0.0032%	1h	30,473.6	+0.015%	$2.0M	$5.9M	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	30,764.4	+0.969%	—	$203.2M	50x	as long as short
Paradex US100-USD-PERP	+0.0050%	8h	30,465.1	−0.013%	—	—	5x	as long as short
Polymarket Perps NAS100-USDlong	+0.0050%	1h	30,469	long leg	$7.2M	$2.0M	50x
Ondo Perps US100-USD.Pshort	+0.0050%	1h	30,472.8	+0.012%	$6.0M	$8.9M	25x
Kraken Futures PF_US100USD	+0.1160%	1h	30,495.7	+0.088%	$141K	$141K	20x	as long as short