Funding arb · Price arb /

NAS100

RWAall NAS100 markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.50 per $10,000 · paid last 24h —

Price spread now: Paradex against Bitget+0.045%52s7-day average — · you sell dearer than you buy

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

Long on Bitget 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

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Paradex is 0.045% dearer against Bitget than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget NDX100USDT	30,551	0	get 0.0000% / 8h	6h 34m	$3.5M	$620K	50x
Short	Paradex US100-USD-PERP	30,564.9	0.0050	get 0.0050% / 8h	6h 34m	—	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against Bitget. 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 BitgetbpFee ParadexbpOrdersPrice spread, now +0.045%Rate

Funding earned: $10.5
Price spread: +0.045% → 0.000%: $4.54
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$0.96
Costs to cover: 0.160%
Break-even: 7.6 days

Slippage unknown: Bitget: 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 Bitget live order book, 3 min ago	1.31 bp	10.6 bp −$11	40.7 bp −$407	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	−0.0215%	8h	30,559.5	+0.028%	$102K	$38K	20x	as long as short
Gate NAS100_USDT	−0.0200%	8h	30,569	+0.059%	$1.8M	$3.7M	100x	as long as short
MEXC NAS100_USDT	−0.0091%	8h	30,572	+0.069%	$23.8M	$19.7M	200x	as long as short
OKX US100-USDT-SWAP	0.0000%	8h	30,556	+0.016%	$262K	$367K	20x	as long as short
Bitget NDX100USDTlong	0.0000%	8h	30,551	long leg	$3.5M	$620K	50x
Bullet US100-USD	0.0000%	1h	30,572.1	+0.069%	$3K	$89K	10x	as long as short
Phemex NAS100USDT	0.0000%	4h	30,483.3	−0.222%	$1.4M	$172K	10x	as long as short
QFEX US100-USD	+0.0001%	1h	30,572	+0.069%	$1.4M	$1.1M	30x	as long as short
Lighter US100	+0.0032%	1h	30,566	+0.049%	$3.9M	$93.3M	30x	as long as short
Extended TECH100m-USD	+0.0032%	1h	30,572.9	+0.072%	$2.2M	$5.6M	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	30,857.5	+1.003%	—	$192.5M	50x	as long as short
Paradex US100-USD-PERPshort	+0.0050%	8h	30,564.9	+0.045%	—	—	5x
Polymarket Perps NAS100-USD	+0.0050%	1h	30,571	+0.065%	$7.2M	$1.9M	50x	as long as short
Ondo Perps US100-USD.P	+0.0213%	1h	30,591.4	+0.132%	$6.0M	$8.6M	25x	as long as short
Kraken Futures PF_US100USD	+0.2427%	1h	30,652.8	+0.333%	$128K	$125K	20x	as long as short