Funding arb · Price arb /

NAS100

RWAall NAS100 markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0178%/8h= +19.4% APRpaid last 24h +0.023%

Price spread now: Ondo Perps against OKX+0.220%7-day average +0.010% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on OKX Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.049%+$5 on $10k

Price spread, last 4 days (all we have)−0.272%−$27 · spread now +0.220%, 7d avg +0.010%

Together, before fees−0.223%+ Points / potential airdropOndo Perps: Active · farm board−$22 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Ondo Perps is 0.210% dearer against OKX than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of +0.010%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX US100-USDT-SWAP	30,551	0	get 0.0000% / 8h	7h 00m	$261K	$355K	20x
Short	Ondo Perps US100-USD.P	30,618.2	0.0178	get 0.0022% / 1h	0m 09s	$6.0M	$8.7M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against OKX. 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 OKXbpFee Ondo PerpsbpOrdersPrice spread, now +0.220%Rate

Funding earned: $37.3
Price spread: +0.220% → +0.010%: $21
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: $43.29
Costs to cover: 0.150%
Break-even: from the start

Slippage unknown: OKX: live order book, 5 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 OKX live order book, 5 min ago	0.82 bp	5.8 bp −$6	16.1 bp −$161	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	−0.0214%	8h	30,582.9	+0.104%	$102K	$38K	20x	as long as short
Gate NAS100_USDT	−0.0200%	8h	30,568	+0.056%	$1.8M	$3.6M	100x	as long as short
MEXC NAS100_USDT	−0.0098%	8h	30,598	+0.154%	$22.5M	$19.7M	200x	as long as short
OKX US100-USDT-SWAPlong	0.0000%	8h	30,551	long leg	$261K	$355K	20x
Bitget NDX100USDT	0.0000%	8h	30,555	+0.013%	$3.5M	$620K	50x	as long as short
Bullet US100-USD	0.0000%	1h	30,597	+0.151%	$3K	$90K	10x	as long as short
Phemex NAS100USDT	0.0000%	4h	30,508.2	−0.140%	$1.4M	$171K	10x	as long as short
QFEX US100-USD	+0.0002%	1h	30,598	+0.154%	$1.4M	$1.0M	30x	as long as short
Lighter US100	+0.0032%	1h	30,593	+0.137%	$3.9M	$94.8M	30x	as long as short
Extended TECH100m-USD	+0.0032%	1h	30,598.5	+0.156%	$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	30,882.5	+1.085%	—	$194.6M	50x	as long as short
Paradex US100-USD-PERP	+0.0050%	8h	30,592.9	+0.137%	—	—	5x	as long as short
Polymarket Perps NAS100-USD	+0.0050%	1h	30,599	+0.157%	$7.2M	$1.9M	50x	as long as short
Ondo Perps US100-USD.Pshort	+0.0178%	1h	30,618.2	+0.220%	$6.0M	$8.7M	25x
Kraken Futures PF_US100USD	+0.2933%	1h	30,645.8	+0.310%	$127K	$125K	20x	as long as short