NAS100

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0049%/8h= −5.4% APRnext payment −$0.06 per $10,000 · paid last 24h −0.014%

Price spread now: QFEX against Polymarket Perps+0.007%7-day average −0.026% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$1,619as in the Price arb table

costs, in and out, $10k−$1,62216.223% of the position

Long on Polymarket Perps Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.048%−$5 on $10k

Price spread, last 7 days−0.023%−$2 · spread now +0.007%, 7d avg −0.026%

Together, before fees−0.071%−$7 on $10k · with fees, hour by hour

The price spread pays, funding is against you. QFEX is 0.032% dearer against Polymarket Perps than usual: you sell high and buy low (spread +0.007% now, against its 7-day average of −0.026%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps NAS100-USD	30,425	0.0050	pay 0.0006% / 1h	42m 55s	$7.2M	$1.9M	50x
Short	QFEX US100-USD	30,427	0.0001	get 0.0000% / 1h	42m 55s	$1.3M	$1.4M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX 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 QFEXbpOrdersPrice spread, now +0.007%Rate

Funding earned: −$10.35
Price spread: +0.007% → −0.026%: $3.21
Slippage, 4 orders: −$1,604.28
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$1,629.42
Costs to cover: 16.223%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 1 min ago; QFEX: live order book, 4 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 Polymarket Perps live order book, 1 min ago	737.19 bp	818.1 bp −$818	doesn't fit	doesn't fit	doesn't fit
Sell QFEX live order book, 4 min ago	1.48 bp	8.4 bp −$8	9.9 bp −$99	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	−0.0282%	8h	30,412.3	−0.042%	$100K	$39K	20x	as long as short
Gate NAS100_USDT	−0.0200%	8h	30,390.8	−0.112%	$1.9M	$3.2M	100x	as long as short
MEXC NAS100_USDT	−0.0063%	8h	30,422	−0.010%	$22.9M	$21.6M	200x	as long as short
OKX US100-USDT-SWAP	0.0000%	8h	30,438	+0.043%	$265K	$388K	20x	as long as short
Bitget NDX100USDT	0.0000%	8h	30,442	+0.056%	$3.5M	$572K	50x	as long as short
Bullet US100-USD	0.0000%	1h	30,425	0.000%	$4K	$91K	10x	as long as short
Phemex NAS100USDT	0.0000%	4h	30,390.8	−0.112%	$1.4M	$190K	10x	as long as short
QFEX US100-USDshort	+0.0001%	1h	30,427	+0.007%	$1.3M	$1.4M	30x
Lighter US100	+0.0032%	1h	30,418	−0.023%	$4.0M	$94.2M	30x	as long as short
Extended TECH100m-USD	+0.0032%	1h	30,419.4	−0.019%	$1.9M	$5.2M	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	30,717.3	+0.961%	—	$204.7M	50x	as long as short
Paradex US100-USD-PERP	+0.0050%	8h	30,419.9	−0.017%	—	—	5x	as long as short
Polymarket Perps NAS100-USDlong	+0.0050%	1h	30,425	long leg	$7.2M	$1.9M	50x
Ondo Perps US100-USD.P	+0.0050%	1h	30,424.2	−0.003%	$6.0M	$9.2M	25x	as long as short
Kraken Futures PF_US100USD	+0.0340%	1h	30,438.6	+0.045%	$140K	$128K	20x	as long as short