Funding arb · Price arb /

NAS100

RWAall NAS100 markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0049%/8h= +5.4% APRpaid last 24h —

Price spread now: Paradex against QFEX−0.017%7-day average — · you buy dearer than you sell

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

Long on QFEX Short on Paradex

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX US100-USD	30,578	0.0001	pay 0.0000% / 1h	13m 01s	$1.3M	$1.4M	30x
Short	Paradex US100-USD-PERP	30,572.9	0.0050	get 0.0050% / 8h	4h 13m	—	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against QFEX. 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 QFEXbpFee ParadexbpOrdersPrice spread, now −0.017%Rate

Funding earned: $10.26
Price spread: −0.017% → 0.000%: −$1.68
Slippage, 4 orders: no order book: not counted
Fee QFEX: 5 bp × 2 orders: −$10
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$5.42
Costs to cover: 0.140%
Break-even: 10.7 days

Slippage unknown: QFEX: live order book, 3 min ago; Paradex: 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 QFEX live order book, 3 min ago	3.11 bp	8.1 bp −$8	8.3 bp −$83	doesn't fit	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: 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	−0.0212%	8h	30,567.1	−0.036%	$102K	$38K	20x	as long as short
Gate NAS100_USDT	−0.0200%	8h	30,544.7	−0.109%	$1.9M	$3.7M	100x	as long as short
MEXC NAS100_USDT	−0.0105%	8h	30,579	+0.003%	$24.8M	$19.7M	200x	as long as short
OKX US100-USDT-SWAP	0.0000%	8h	30,534	−0.144%	$262K	$379K	20x	as long as short
Bitget NDX100USDT	0.0000%	8h	30,557	−0.069%	$3.5M	$633K	50x	as long as short
Bullet US100-USD	0.0000%	1h	30,579	+0.003%	$2K	$90K	10x	as long as short
Phemex NAS100USDT	0.0000%	4h	30,544.7	−0.109%	$1.4M	$183K	10x	as long as short
QFEX US100-USDlong	+0.0001%	1h	30,578	long leg	$1.3M	$1.4M	30x
Lighter US100	+0.0032%	1h	30,573	−0.016%	$3.9M	$96.2M	30x	as long as short
Extended TECH100m-USD	+0.0032%	1h	30,579.4	+0.005%	$2.0M	$5.7M	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	30,868.6	+0.950%	—	$199.1M	50x	as long as short
Paradex US100-USD-PERPshort	+0.0050%	8h	30,572.9	−0.017%	—	—	5x
Polymarket Perps NAS100-USD	+0.0050%	1h	30,578	0.000%	$7.2M	$1.9M	50x	as long as short
Ondo Perps US100-USD.P	+0.0118%	1h	30,592.2	+0.046%	$6.0M	$8.5M	25x	as long as short
Kraken Futures PF_US100USD	+0.2793%	1h	30,653.6	+0.247%	$131K	$127K	20x	as long as short