Funding you earn now, next payment 04:00 UTC+0.2761%/8h= +302.3% APRnext payment +$3.45 per $10,000 · paid last 24h +0.715%
Price spread now: Kraken Futures against Extended+0.219%7-day average +0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs+$218as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$560.564% of the position
Funding, last 7 days+2.748%+$275 on $10k
+Price spread, last 4 days (all we have)−1.076%−$108 · spread now +0.219%, 7d avg +0.044%
=Together, before fees+1.672%+ Points / potential airdropExtended: Active · farm board+$167 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$83 a day on $10k at the current rate, and Kraken Futures is 0.174% dearer against Extended than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of +0.044%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended TECH100m-USD | 30,587 | 0.0032 | pay 0.0004% / 1h | 35m 07s | $2.0M | $5.7M | 20x |
| Short | Kraken Futures PF_US100USD | 30,653.9 | 0.2793 | get 0.0349% / 1h | 35m 07s | $131K | $127K | 20x |
Extended TECH100m-USD
Kraken Futures PF_US100USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Extended. 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
- $579.71
- Price spread: +0.219% → +0.044%
- $17.44
- Slippage, 4 orders
- −$41.38
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $540.78
- Costs to cover
- 0.564%
- Break-even
- 0.5 days
Slippage from Extended: live order book, 4 min ago; Kraken Futures: live order book, 22 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, 4 min ago | 0.82 bp | 3.5 bp −$3 | 6.9 bp −$69 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 22 min ago | 4.57 bp | 34.2 bp −$34 | 87.3 bp −$873 | doesn't fit | doesn't fit |
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 | 30,572.9 | −0.046% | $102K | $38K | 20x | as long as short |
| Gate NAS100_USDT | −0.0200% | 8h | 30,524.2 | −0.205% | $1.9M | $3.7M | 100x | as long as short |
| MEXC NAS100_USDT | −0.0101% | 8h | 30,588 | +0.003% | $24.8M | $19.7M | 200x | as long as short |
| OKX US100-USDT-SWAP | 0.0000% | 8h | 30,555 | −0.105% | $262K | $381K | 20x | as long as short |
| Bitget NDX100USDT | 0.0000% | 8h | 30,556 | −0.101% | $3.5M | $633K | 50x | as long as short |
| Bullet US100-USD | 0.0000% | 1h | 30,588 | +0.003% | $3K | $89K | 10x | as long as short |
| Phemex NAS100USDT | 0.0000% | 4h | 30,523.5 | −0.208% | $1.4M | $182K | 10x | as long as short |
| QFEX US100-USD | +0.0001% | 1h | 30,587 | 0.000% | $1.3M | $1.3M | 30x | as long as short |
| Lighter US100 | +0.0032% | 1h | 30,582 | −0.016% | $3.9M | $95.4M | 30x | as long as short |
| Extended TECH100m-USDlong | +0.0032% | 1h | 30,587 | long leg | $2.0M | $5.7M | 20x |
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 US100Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest NDX-USD-PERP | +0.0046% | 1h | 30,874.3 | +0.939% | — | $198.1M | 50x | as long as short |
| Paradex US100-USD-PERP | +0.0050% | 8h | 30,581.9 | −0.017% | — | — | 5x | as long as short |
| Polymarket Perps NAS100-USD | +0.0050% | 1h | 30,586 | −0.003% | $7.2M | $1.9M | 50x | as long as short |
| Ondo Perps US100-USD.P | +0.0129% | 1h | 30,604.2 | +0.056% | $6.0M | $8.5M | 25x | as long as short |
| Kraken Futures PF_US100USDshort | +0.2793% | 1h | 30,653.9 | +0.219% | $131K | $127K | 20x |
Vest NDX-USD-PERP
Paradex US100-USD-PERP
Polymarket Perps NAS100-USD
Ondo Perps US100-USD.P