NAS100

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	PopdexTECH100USDT	29,192	+0.0048	pay 0.0006% / 1h	55m 14s	$469K	$174K	20x	Long Popdex
SHORT	PhemexNAS100USDT	29,194.6	0	0.0000% / 4h	3h 55m	$1.4M	$171K	10x	Short Phemex

Price gap+0.009%

Funding gap−0.0048% /8h

Both sides work against this direction now: funding costs $1 a day on $10k and the gap is 0.132% under its 7d average. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding−$13−0.0048% /8h now · paid −0.133% over the last 7D

Price−$13spread +0.009% now, avg +0.141% → −0.132% if it goes back

Costs−$530.531% of $10k · taker + slippage, in and out

Result−$80−0.80%no pointsWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history

Entry / 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+0.009%

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

/8h

NAS100 on 22 exchanges

lowest funding first

Before you open

0 ok · 5 to watch

Watch: Thin at this size4.4 / 19.2 bp
At $10k entering Phemex costs 19.2 bp, fee and slippage, 4.4× Popdex’s.
Note: Margin at max leverage$500 + $1,000
Popdex 20x, Phemex 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ1h / 4h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: −$1.44Long Popdex: 24 payments, −$1.44; short Phemex: 6 payments, $0.00.
Watch: Gap narrower than usual+0.009% vs +0.141%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Long leg is thinner$469K vs $1.4M OI
Popdex sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCPopdex No · Phemex Yes
KYC unlocks spot and futures trading; an unverified account cannot withdraw at all.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0063%/8h × 21 periods−$13.25

Price spread+0.009% → +0.141% (7d avg)−$13.18

Slippage, 4 orderslive order books−$34.74

Fee Popdex bp × 2 orders−$6.40

Fee Phemex bp × 2 orders−$12.00

Net · 7 days · $10k−$79.57

Costs to cover0.531%Break-evennever at this rate

Slippage: Popdex: live order book, 62 min ago; Phemex: live order book, 5 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGPopdex1.214.4 bp−$44.8 bp−$487.8 bp−$781doesn’t fit

SELL · SHORTPhemex5.8019.2 bp−$1985.9 bp−$859doesn’t fitdoesn’t fit

Closing costs about the same again.

NAS100 news

posts that mention NAS100 or Nasdaq-100, from every exchangeSearch all news →

10-14 15:01	Variational Omni	Other	Yesterday, a trader on Variational executed a $2M US100 short with under 1 bip in execution costs. TradFi liquidity, now on-chain with swaps. @variational_io on X ↗
10-10 15:02	Ondo Perps	Other	The most in-demand markets trade 24/7 as perpetuals, weekends included: ▸ Intel ▸ XRP ▸ Gold ▸ AMD ▸ Meta ▸ Tesla ▸ Ondo ▸ Silver ▸ Circle ▸ Apple ▸ Zcash ▸ Netflix ▸ CXMT ▸ TSMC ▸ PURR ▸ DRAM ▸ Oracle ▸ Micron ▸ Bitcoin ▸ US100 ▸ US500 ▸ Nebius ▸ Solana ▸ Ethena ▸ Marvell ▸ Unitree ▸ Copper ▸ NVIDIA ▸ BitMine ▸ Alibaba ▸ Palantir ▸ Corning ▸ SpaceX ▸ Sandisk ▸ Amazon ▸ Zhipu AI ▸ MiniMax ▸ Strategy ▸ SK hynix ▸ Moderna ▸ Alphabet ▸ Microsoft ▸ Semis 3x ▸ Cerebras ▸ USD/JPY ▸ Samsung ▸ Coinbase ▸ Take-Two ▸ Ethereum ▸ Broadcom ▸ Lumentum ▸ BlackBerry ▸ Robinhood ▸ Hyperliquid ▸ CoreWeave ▸ Natural Gas ▸ Arm Holdings ▸ S&P 500 ETF ▸ WTI Crude Oil ▸ Brent Crude Oil ▸ South Korea 3x ▸ Nasdaq 100 ETF ▸ South Korea ETF ▸ Uranium Miners ETF Alongside always-on spot markets: ▸ Tesla ▸ Circle ▸ DRAM ▸ Micron ▸ NVIDIA ▸ SpaceX ▸ Sandisk ▸ Alphabet ▸ Gold ETF ▸ OPAIPon ▸ Silver ETF ▸ S&P 500 ETF ▸ Nasdaq 100 ETF All on a single platform. @OndoPerps on X ↗
10-04 20:17	Aftermath Perps	Listing	You can now long or short US100 (100 largest non-financial companies listed on Nasdaq) with up to 10x leverage. @AftermathFi on X ↗
10-04 18:00	Variational Omni	Other	Variational is the cheapest place to trade US500, US100, Gold, and many other traditional markets on-chain. Liquidity is aggregated from existing sources, instead of independently rebuilt on-chain. Swaps currently follow TradFi hours. As they move toward 24/7, so do swaps. @variational_io on X ↗
10-03 10:27	Paradex	Product	Crude oil $CL options are live on Paradex 🔥 24/7 Options on Everything Our 4th RWA options launch this week: Mon: US500 Wed: US100 Fri: GOLD Sat: CRUDE OIL Trade Oil options with zero fees on Paradex: @paradex on X ↗
10-03 10:26	Paradex	Product	Crude oil $CL options are live on Paradex 🔥 24/7 Options on Everything Our 4th RWA options launch this week: Mon: US500 Wed: US100 Fri: GOLD Sat: Crude Oil Trade Oil options with zero fees on Paradex: @paradex on X ↗