Funding you earn now, next payment 04:00 UTC−0.2665%/8h= −291.9% APRnext payment −$3.33 per $10,000 · paid last 24h −0.698%
Price spread now: Ondo Perps against Kraken Futures−0.162%7-day average −0.011% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−2.707%−$271 on $10k
+Price spread, last 4 days (all we have)+1.057%+$106 · spread now −0.162%, 7d avg −0.011%
=Together, before fees−1.649%+ Points / potential airdropOndo Perps: Active · farm board−$165 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$80 a day on $10k at the current rate, and Ondo Perps is 0.152% cheaper against Kraken Futures than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of −0.011%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_US100USD | 30,654 | 0.2793 | pay 0.0349% / 1h | 32m 39s | $131K | $127K | 20x |
| Short | Ondo Perps US100-USD.P | 30,604.2 | 0.0127 | get 0.0016% / 1h | 32m 39s | $6.0M | $8.5M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Kraken Futures. 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
- −$559.72
- Price spread: −0.162% → −0.011%
- −$15.16
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$589.87
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: live order book, 25 min ago; Ondo Perps: 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 Kraken Futures live order book, 25 min ago | 4.57 bp | 14.6 bp −$15 | 48.8 bp −$488 | doesn't fit | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: 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 | −0.0212% | 8h | 30,577 | −0.251% | $102K | $38K | 20x | as long as short |
| Gate NAS100_USDT | −0.0200% | 8h | 30,535.7 | −0.386% | $1.9M | $3.7M | 100x | as long as short |
| MEXC NAS100_USDT | −0.0102% | 8h | 30,587 | −0.219% | $24.8M | $19.7M | 200x | as long as short |
| OKX US100-USDT-SWAP | 0.0000% | 8h | 30,555 | −0.323% | $262K | $381K | 20x | as long as short |
| Bitget NDX100USDT | 0.0000% | 8h | 30,556 | −0.320% | $3.5M | $633K | 50x | as long as short |
| Bullet US100-USD | 0.0000% | 1h | 30,587 | −0.219% | $3K | $89K | 10x | as long as short |
| Phemex NAS100USDT | 0.0000% | 4h | 30,523.5 | −0.426% | $1.4M | $184K | 10x | as long as short |
| QFEX US100-USD | +0.0001% | 1h | 30,586 | −0.222% | $1.3M | $1.3M | 30x | as long as short |
| Lighter US100 | +0.0032% | 1h | 30,582 | −0.235% | $3.9M | $95.4M | 30x | as long as short |
| Extended TECH100m-USD | +0.0032% | 1h | 30,587.4 | −0.217% | $2.0M | $5.7M | 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 | 30,876.4 | +0.725% | — | $198.1M | 50x | as long as short |
| Paradex US100-USD-PERP | +0.0050% | 8h | 30,581.9 | −0.235% | — | — | 5x | as long as short |
| Polymarket Perps NAS100-USD | +0.0050% | 1h | 30,588 | −0.215% | $7.2M | $1.9M | 50x | as long as short |
| Ondo Perps US100-USD.Pshort | +0.0127% | 1h | 30,604.2 | −0.162% | $6.0M | $8.5M | 25x | |
| Kraken Futures PF_US100USDlong | +0.2793% | 1h | 30,654 | long leg | $131K | $127K | 20x |
Kraken Futures PF_US100USD
Gate NAS100_USDT
MEXC NAS100_USDT
OKX US100-USDT-SWAP
Bitget NDX100USDT
Bullet US100-USD
Phemex NAS100USDT
Lighter US100
Extended TECH100m-USD
Paradex US100-USD-PERP
Polymarket Perps NAS100-USD