Funding you earn now, next payment 05:00 UTC+0.2635%/8h= +288.5% APRnext payment +$3.29 per $10,000 · paid last 24h +0.690%
Price spread now: Kraken Futures against Vest−0.833%7-day average −1.013% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.410%+$41 on $10k
+Price spread, last 4 days (all we have)−1.019%−$102 · spread now −0.833%, 7d avg −1.013%
=Together, before fees−0.609%+ Points / potential airdropVest: Active · farm board−$61 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$79 a day on $10k at the current rate, and Kraken Futures is 0.180% dearer against Vest than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of −1.013%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.410% in total (about 44.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.29 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest NDX-USD-PERP | 30,825.1 | 0.0046 | pay 0.0006% / 1h | 14m 45s | — | $202.9M | 50x |
| Short | Kraken Futures PF_US100USD | 30,568.3 | 0.2681 | get 0.0335% / 1h | 14m 45s | $137K | $137K | 20x |
Vest NDX-USD-PERP
Kraken Futures PF_US100USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Vest. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $553.32
- Price spread: −0.833% → −1.013%
- $17.96
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $559.28
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Vest: no order-book sample; Kraken Futures: live order book, 38 min ago. 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 Vest no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 38 min ago | 22.89 bp | 28.2 bp −$28 | 74.2 bp −$742 | doesn't fit | doesn't fit |
Vest: 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 | 30,520.7 | −0.988% | $102K | $38K | 20x | as long as short |
| Gate NAS100_USDT | −0.0200% | 8h | 30,513.5 | −1.011% | $1.9M | $3.7M | 100x | as long as short |
| MEXC NAS100_USDT | −0.0068% | 8h | 30,529 | −0.961% | $26.3M | $20.0M | 200x | as long as short |
| OKX US100-USDT-SWAP | 0.0000% | 8h | 30,488 | −1.094% | $262K | $375K | 20x | as long as short |
| Bitget NDX100USDT | 0.0000% | 8h | 30,541 | −0.922% | $3.5M | $634K | 50x | as long as short |
| Bullet US100-USD | 0.0000% | 1h | 30,533.6 | −0.946% | $4K | $90K | 10x | as long as short |
| Phemex NAS100USDT | 0.0000% | 4h | 30,513.5 | −1.011% | $1.4M | $189K | 10x | as long as short |
| QFEX US100-USD | +0.0002% | 1h | 30,533 | −0.948% | $1.3M | $1.3M | 30x | as long as short |
| Lighter US100 | +0.0032% | 1h | 30,522 | −0.983% | $3.8M | $98.9M | 30x | as long as short |
| Extended TECH100m-USD | +0.0032% | 1h | 30,531.2 | −0.954% | $2.0M | $5.8M | 20x | as long as short |
Orderly PERP_NAS100_USDC
Gate NAS100_USDT
MEXC NAS100_USDT
OKX US100-USDT-SWAP
Bitget NDX100USDT
Bullet US100-USD
Phemex NAS100USDT
QFEX US100-USD
Lighter US100
Extended TECH100m-USDShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest NDX-USD-PERPlong | +0.0046% | 1h | 30,825.1 | long leg | — | $202.9M | 50x | |
| Paradex US100-USD-PERP | +0.0050% | 8h | 30,521.9 | −0.984% | — | — | 5x | as long as short |
| Polymarket Perps NAS100-USD | +0.0050% | 1h | 30,534 | −0.944% | $7.2M | $1.9M | 50x | as long as short |
| Ondo Perps US100-USD.P | +0.0116% | 1h | 30,538.5 | −0.930% | $6.0M | $8.4M | 25x | as long as short |
| Kraken Futures PF_US100USDshort | +0.2681% | 1h | 30,568.3 | −0.833% | $137K | $137K | 20x |
Paradex US100-USD-PERP
Polymarket Perps NAS100-USD
Ondo Perps US100-USD.P