Funding arb · Price arb /

NAS100

RWAall NAS100 markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.010%

Price spread now: Bitget against Extended+0.049%7-day average +0.069% · you sell dearer than you buy

Net, funding: paid 7d − costs−$39as in the Funding arb table

Net, price: spread back to 7d avg − costs−$49as in the Price arb table

costs, in and out, $10k−$470.466% of the position

Long on Extended Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.074%+$7 on $10k

Price spread, last 7 days+0.040%+$4 · spread now +0.049%, 7d avg +0.069%

Together, before fees+0.114%+ Points / potential airdropExtended: Active · farm board+$11 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.069%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.074%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended TECH100m-USD	30,517	0.0032	pay 0.0004% / 1h	6m 57s	$2.0M	$5.8M	20x
Short	Bitget NDX100USDT	30,532	0	get 0.0000% / 8h	3h 06m	$3.5M	$635K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Extended. 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 ExtendedbpFee BitgetbpOrdersPrice spread, now +0.049%Rate

Funding earned: −$6.72
Price spread: +0.049% → +0.069%: −$1.96
Slippage, 4 orders: −$29.59
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$55.27
Costs to cover: 0.466%
Break-even: never at this rate

Slippage from Extended: live order book, 2 min ago; Bitget: live order book, 1 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 Extended live order book, 2 min ago	1.15 bp	3.6 bp −$4	7.0 bp −$70	doesn't fit	doesn't fit
Sell Bitget live order book, 1 min ago	3.77 bp	13.3 bp −$13	13.4 bp −$134	20.7 bp −$2,074	62.0 bp −$31.0K

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	30,501.1	−0.052%	$102K	$38K	20x	as long as short
Gate NAS100_USDT	−0.0200%	8h	30,499	−0.059%	$1.9M	$3.7M	100x	as long as short
MEXC NAS100_USDT	−0.0075%	8h	30,516	−0.003%	$26.5M	$20.0M	200x	as long as short
OKX US100-USDT-SWAP	0.0000%	8h	30,488	−0.095%	$262K	$375K	20x	as long as short
Bitget NDX100USDTshort	0.0000%	8h	30,532	+0.049%	$3.5M	$635K	50x
Bullet US100-USD	0.0000%	1h	30,512.8	−0.014%	$4K	$90K	10x	as long as short
Phemex NAS100USDT	0.0000%	4h	30,500.1	−0.056%	$1.4M	$189K	10x	as long as short
QFEX US100-USD	+0.0002%	1h	30,514	−0.010%	$1.3M	$1.3M	30x	as long as short
Lighter US100	+0.0032%	1h	30,509	−0.026%	$3.9M	$99.0M	30x	as long as short
Extended TECH100m-USDlong	+0.0032%	1h	30,517	long leg	$2.0M	$5.8M	20x

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	30,806.9	+0.950%	—	$202.9M	50x	as long as short
Paradex US100-USD-PERP	+0.0050%	8h	30,508.9	−0.027%	—	—	5x	as long as short
Polymarket Perps NAS100-USD	+0.0050%	1h	30,515	−0.007%	$7.2M	$1.9M	50x	as long as short
Ondo Perps US100-USD.P	+0.0122%	1h	30,528.4	+0.037%	$6.0M	$8.4M	25x	as long as short
Kraken Futures PF_US100USD	+0.2683%	1h	30,544	+0.088%	$137K	$137K	20x	as long as short