Funding you earn now, next payment 08:00 UTC−0.0122%/8h= −13.4% APRnext payment −$1.22 per $10,000 · paid last 24h −0.005%
Price spread now: Orderly against MEXC−0.040%7-day average −0.191% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.056%+$6 on $10k
+Price spread, last 4 days (all we have)+0.179%+$18 · spread now −0.040%, 7d avg −0.191%
=The price spread pays, funding is against you. Orderly is 0.152% dearer against MEXC than usual: you sell high and buy low (spread −0.040% now, against its 7-day average of −0.191%): +$15 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 4.1 days. Mind the row above: over the last 7 days funding on this pair paid +0.056%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC NAS100_USDT | 30,567 | −0.0090 | get 0.0090% / 8h | 5h 23m | $24.6M | $19.5M | 200x |
| Short | Orderly PERP_NAS100_USDC | 30,554.9 | −0.0212 | pay 0.0212% / 8h | 5h 23m | $102K | $38K | 20x |
MEXC NAS100_USDT
Orderly PERP_NAS100_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against MEXC. 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
- −$25.61
- Price spread: −0.040% → −0.191%
- $15.16
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$16.45
- Costs to cover
- 0.060%
- Break-even
- from the start
Slippage unknown: MEXC: live order book, 5 min ago; Orderly: 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 MEXC live order book, 5 min ago | 0.16 bp | 0.2 bp $0 | 0.8 bp −$8 | 23.8 bp −$2,385 | 127.1 bp −$63.5K |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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_USDCshort | −0.0212% | 8h | 30,554.9 | −0.040% | $102K | $38K | 20x | |
| Gate NAS100_USDT | −0.0200% | 8h | 30,548.1 | −0.062% | $1.9M | $3.7M | 100x | as long as short |
| MEXC NAS100_USDTlong | −0.0090% | 8h | 30,567 | long leg | $24.6M | $19.5M | 200x | |
| OKX US100-USDT-SWAP | 0.0000% | 8h | 30,549 | −0.059% | $263K | $379K | 20x | as long as short |
| Bitget NDX100USDT | 0.0000% | 8h | 30,551 | −0.052% | $3.5M | $621K | 50x | as long as short |
| Bullet US100-USD | 0.0000% | 1h | 30,568 | +0.003% | $3K | $89K | 10x | as long as short |
| Phemex NAS100USDT | 0.0000% | 4h | 30,543.5 | −0.077% | $1.4M | $175K | 10x | as long as short |
| QFEX US100-USD | +0.0004% | 1h | 30,565 | −0.007% | $1.3M | $1.1M | 30x | as long as short |
| Lighter US100 | +0.0032% | 1h | 30,563 | −0.013% | $3.9M | $95.4M | 30x | as long as short |
| Extended TECH100m-USD | +0.0032% | 1h | 30,567.8 | +0.003% | $2.2M | $5.3M | 20x | as long as short |
Gate NAS100_USDT
OKX US100-USDT-SWAP
Bitget NDX100USDT
Bullet US100-USD
Phemex NAS100USDT
QFEX US100-USD
Lighter US100
Extended TECH100m-USDShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest NDX-USD-PERP | +0.0046% | 1h | 30,860.9 | +0.961% | — | $194.4M | 50x | as long as short |
| Paradex US100-USD-PERP | +0.0050% | 8h | 30,561.9 | −0.017% | — | — | 5x | as long as short |
| Polymarket Perps NAS100-USD | +0.0050% | 1h | 30,567 | 0.000% | $7.2M | $1.9M | 50x | as long as short |
| Ondo Perps US100-USD.P | +0.0130% | 1h | 30,580 | +0.043% | $6.0M | $8.5M | 25x | as long as short |
| Kraken Futures PF_US100USD | +0.2811% | 1h | 30,644.5 | +0.253% | $131K | $127K | 20x | as long as short |
Vest NDX-USD-PERP
Paradex US100-USD-PERP
Polymarket Perps NAS100-USD
Ondo Perps US100-USD.P
Kraken Futures PF_US100USD