Funding you earn now, next payment 08:00 UTC+0.0200%/8h= +21.9% APRnext payment +$2.00 per $10,000 · paid last 24h +0.049%
Price spread now: Bitget against Gate−0.036%7-day average +0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$640.639% of the position
Funding, last 7 days+0.320%+$32 on $10k
+Price spread, last 7 days−0.075%−$8 · spread now −0.036%, 7d avg +0.041%
=Funding pays, the price is against you. Bitget is 0.076% cheaper against Gate than usual: you would sell low and buy high (spread −0.036% now, against its 7-day average of +0.041%). If the spread goes back, that is −$8 on $10k: about 31 hours of funding at the current rate (+$6 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate NAS100_USDT | 30,565.9 | −0.0200 | get 0.0200% / 8h | 7h 01m | $1.8M | $3.6M | 100x |
| Short | Bitget NDX100USDT | 30,555 | 0 | get 0.0000% / 8h | 7h 01m | $3.5M | $621K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Gate. 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
- $42
- Price spread: −0.036% → +0.041%
- −$7.63
- Slippage, 4 orders
- −$36.88
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$29.51
- Costs to cover
- 0.639%
- Break-even
- 11.9 days
Slippage from Gate: live order book, 2 min ago; Bitget: live order book, 2 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 Gate live order book, 2 min ago | 10.01 bp | 24.3 bp −$24 | 59.6 bp −$596 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 2.13 bp | 11.0 bp −$11 | 11.1 bp −$111 | 16.5 bp −$1,648 | 60.7 bp −$30.4K |
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 | −0.0214% | 8h | 30,582 | +0.053% | $102K | $38K | 20x | as long as short |
| Gate NAS100_USDTlong | −0.0200% | 8h | 30,565.9 | long leg | $1.8M | $3.6M | 100x | |
| MEXC NAS100_USDT | −0.0096% | 8h | 30,598 | +0.105% | $22.2M | $19.7M | 200x | as long as short |
| OKX US100-USDT-SWAP | 0.0000% | 8h | 30,551 | −0.049% | $261K | $355K | 20x | as long as short |
| Bitget NDX100USDTshort | 0.0000% | 8h | 30,555 | −0.036% | $3.5M | $621K | 50x | |
| Bullet US100-USD | 0.0000% | 1h | 30,597 | +0.102% | $4K | $90K | 10x | as long as short |
| Phemex NAS100USDT | 0.0000% | 4h | 30,510 | −0.183% | $1.4M | $171K | 10x | as long as short |
| QFEX US100-USD | +0.0002% | 1h | 30,597 | +0.102% | $1.4M | $1.0M | 30x | as long as short |
| Lighter US100 | +0.0032% | 1h | 30,592 | +0.085% | $3.9M | $94.8M | 30x | as long as short |
| Extended TECH100m-USD | +0.0032% | 1h | 30,597.7 | +0.104% | $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 | 30,880.8 | +1.030% | — | $194.6M | 50x | as long as short |
| Paradex US100-USD-PERP | +0.0050% | 8h | 30,589 | +0.076% | — | — | 5x | as long as short |
| Polymarket Perps NAS100-USD | +0.0050% | 1h | 30,596 | +0.099% | $7.2M | $1.9M | 50x | as long as short |
| Ondo Perps US100-USD.P | +0.0178% | 1h | 30,618.2 | +0.171% | $6.0M | $8.7M | 25x | as long as short |
| Kraken Futures PF_US100USD | +0.2933% | 1h | 30,645.6 | +0.261% | $127K | $125K | 20x | as long as short |
Gate NAS100_USDT
Bitget NDX100USDT
MEXC NAS100_USDT
OKX US100-USDT-SWAP
Bullet US100-USD
Phemex NAS100USDT
Lighter US100
Extended TECH100m-USD
Paradex US100-USD-PERP
Polymarket Perps NAS100-USD
Kraken Futures PF_US100USD