NAS100

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0049%/8h= +5.3% APRnext payment +$0.06 per $10,000 · paid last 24h +0.014%

Price spread now: Polymarket Perps against QFEX+0.003%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−$25as in the Price arb table

costs, in and out, $10k−$230.228% of the position

Long on QFEX Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.047%+$5 on $10k

Price spread, last 7 days+0.011%+$1 · spread now +0.003%, 7d avg +0.026%

Together, before fees+0.058%+$6 on $10k · with fees, hour by hour

Funding pays, the price is against you. Polymarket Perps is 0.023% cheaper against QFEX than usual: you would sell low and buy high (spread +0.003% now, against its 7-day average of +0.026%). If the spread goes back, that is −$2 on $10k: about 37 hours of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX US100-USD	30,485	0.0001	pay 0.0000% / 1h	47m 15s	$1.3M	$1.3M	30x
Short	Polymarket Perps NAS100-USD	30,486	0.0050	get 0.0006% / 1h	47m 15s	$7.2M	$1.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now +0.003%Rate

Funding earned: $10.25
Price spread: +0.003% → +0.026%: −$2.29
Slippage, 4 orders: −$4.79
Fee QFEX: 5 bp × 2 orders: −$10
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$14.83
Costs to cover: 0.228%
Break-even: 17.1 days

Slippage from QFEX: live order book, 4 min ago; Polymarket Perps: live order book, 2 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 QFEX live order book, 4 min ago	1.15 bp	6.8 bp −$7	7.0 bp −$70	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 2 min ago	0.66 bp	4.9 bp −$5	5.0 bp −$50	5.4 bp −$544	10.9 bp −$5,449

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	30,472.7	−0.040%	$101K	$38K	20x	as long as short
Gate NAS100_USDT	−0.0200%	8h	30,451	−0.112%	$2.0M	$3.6M	100x	as long as short
MEXC NAS100_USDT	−0.0070%	8h	30,484	−0.003%	$24.3M	$20.4M	200x	as long as short
OKX US100-USDT-SWAP	0.0000%	8h	30,467	−0.059%	$263K	$373K	20x	as long as short
Bitget NDX100USDT	0.0000%	8h	30,520	+0.115%	$3.5M	$602K	50x	as long as short
Bullet US100-USD	0.0000%	1h	30,485.5	+0.002%	$4K	$91K	10x	as long as short
Phemex NAS100USDT	0.0000%	4h	30,443.5	−0.136%	$1.4M	$193K	10x	as long as short
QFEX US100-USDlong	+0.0001%	1h	30,485	long leg	$1.3M	$1.3M	30x
Lighter US100	+0.0032%	1h	30,482	−0.010%	$3.9M	$95.9M	30x	as long as short
Extended TECH100m-USD	+0.0032%	1h	30,487.3	+0.007%	$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	30,781	+0.971%	—	$202.8M	50x	as long as short
Paradex US100-USD-PERP	+0.0050%	8h	30,483.9	−0.004%	—	—	5x	as long as short
Polymarket Perps NAS100-USDshort	+0.0050%	1h	30,486	+0.003%	$7.2M	$1.9M	50x
Ondo Perps US100-USD.P	+0.0050%	1h	30,491.5	+0.021%	$6.1M	$8.8M	25x	as long as short
Kraken Futures PF_US100USD	+0.1148%	1h	30,508.3	+0.076%	$137K	$137K	20x	as long as short