Funding arb · Price arb /

NAS100

RWAall NAS100 markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0099%/8h= −10.8% APRpaid last 24h −0.039%

Price spread now: MEXC against Extended+0.001%7-day average −0.021% · you sell dearer than you buy

Net, funding: paid 7d − costs−$11as in the Funding arb table

Net, price: spread back to 7d avg − costs−$6as in the Price arb table

costs, in and out, $10k−$80.081% of the position

Long on Extended Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.031%−$3 on $10k

Price spread, last 7 days+0.013%+$1 · spread now +0.001%, 7d avg −0.021%

Together, before fees−0.017%+ Points / potential airdropExtended: Active · farm board−$2 on $10k · with fees, hour by hour

The price spread pays, funding is against you. MEXC is 0.022% dearer against Extended than usual: you sell high and buy low (spread +0.001% now, against its 7-day average of −0.021%): +$2 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 18 hours. At the pace of the last 7 days (−0.031% in total) that is about 4.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended TECH100m-USD	30,531.8	0.0032	pay 0.0004% / 1h	7m 37s	$2.0M	$5.9M	20x
Short	MEXC NAS100_USDT	30,532	−0.0067	pay 0.0067% / 8h	2h 07m	$23.8M	$20.6M	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.001%Rate

Funding earned: −$20.79
Price spread: +0.001% → −0.021%: $2.17
Slippage, 4 orders: −$3.11
Fee Extended: 2.5 bp × 2 orders: −$5
Fee MEXC: 0 bp × 2 orders: $0
Net: −$26.73
Costs to cover: 0.081%
Break-even: never at this rate

Slippage from Extended: live order book, 1 min ago; MEXC: 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, 1 min ago	1.15 bp	4.1 bp −$4	8.1 bp −$81	doesn't fit	doesn't fit
Sell MEXC live order book, 1 min ago	0.16 bp	0.2 bp $0	0.7 bp −$7	26.8 bp −$2,676	119.3 bp −$59.7K

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	−0.0264%	8h	30,518.4	−0.044%	$102K	$38K	20x	as long as short
Gate NAS100_USDT	−0.0200%	8h	30,462.1	−0.228%	$1.9M	$3.6M	100x	as long as short
MEXC NAS100_USDTshort	−0.0067%	8h	30,532	+0.001%	$23.8M	$20.6M	200x
OKX US100-USDT-SWAP	0.0000%	8h	30,463	−0.225%	$262K	$372K	20x	as long as short
Bitget NDX100USDT	0.0000%	8h	30,515	−0.055%	$3.5M	$636K	50x	as long as short
Bullet US100-USD	0.0000%	1h	30,529	−0.009%	$3K	$90K	10x	as long as short
Phemex NAS100USDT	0.0000%	4h	30,443.6	−0.289%	$1.4M	$192K	10x	as long as short
QFEX US100-USD	+0.0002%	1h	30,532	+0.001%	$1.3M	$1.3M	30x	as long as short
Lighter US100	+0.0032%	1h	30,528	−0.012%	$4.1M	$98.3M	30x	as long as short
Extended TECH100m-USDlong	+0.0032%	1h	30,531.8	long leg	$2.0M	$5.9M	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	30,822	+0.951%	—	$203.1M	50x	as long as short
Paradex US100-USD-PERP	+0.0050%	8h	30,527.9	−0.013%	—	—	5x	as long as short
Polymarket Perps NAS100-USD	+0.0050%	1h	30,531	−0.003%	$7.2M	$1.9M	50x	as long as short
Ondo Perps US100-USD.P	+0.0098%	1h	30,537.9	+0.020%	$6.1M	$8.6M	25x	as long as short
Kraken Futures PF_US100USD	+0.1694%	1h	30,510.1	−0.071%	$137K	$137K	20x	as long as short