Settings8H · net · $10k
Funding arb · Price arb /

NAS100

RWAall NAS100 markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_US100USD30,6540.2793pay 0.0349% / 1h32m 39s$131K$127K20x
ShortOndo Perps US100-USD.P30,604.20.0127get 0.0016% / 1h32m 39s$6.0M$8.5M25x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures live order book, 25 min ago4.57 bp14.6 bp −$1548.8 bp −$488doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_NAS100_USDC−0.0212%8h30,577−0.251%$102K$38K20xas long as short
Gate NAS100_USDT−0.0200%8h30,535.7−0.386%$1.9M$3.7M100xas long as short
MEXC NAS100_USDT−0.0102%8h30,587−0.219%$24.8M$19.7M200xas long as short
OKX US100-USDT-SWAP0.0000%8h30,555−0.323%$262K$381K20xas long as short
Bitget NDX100USDT0.0000%8h30,556−0.320%$3.5M$633K50xas long as short
Bullet US100-USD0.0000%1h30,587−0.219%$3K$89K10xas long as short
Phemex NAS100USDT0.0000%4h30,523.5−0.426%$1.4M$184K10xas long as short
QFEX US100-USD+0.0001%1h30,586−0.222%$1.3M$1.3M30xas long as short
Lighter US100+0.0032%1h30,582−0.235%$3.9M$95.4M30xas long as short
Extended TECH100m-USD+0.0032%1h30,587.4−0.217%$2.0M$5.7M20xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest NDX-USD-PERP+0.0046%1h30,876.4+0.725%$198.1M50xas long as short
Paradex US100-USD-PERP+0.0050%8h30,581.9−0.235%5xas long as short
Polymarket Perps NAS100-USD+0.0050%1h30,588−0.215%$7.2M$1.9M50xas long as short
Ondo Perps US100-USD.Pshort+0.0127%1h30,604.2−0.162%$6.0M$8.5M25x
Kraken Futures PF_US100USDlong+0.2793%1h30,654long leg$131K$127K20x