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−0.0096%/8h= −10.5% APRnext payment $0.12 per $10,000 · paid last 24h −0.017%
Price spread now: Lighter against Ondo Perps−0.073%7-day average −0.047% · 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−0.309%−$31 on $10k
Price spread, last 7 days−0.037%−$4 · spread now −0.073%, 7d avg −0.047%
Together, before fees−0.346%+ Points / potential airdropOndo Perps: Active · Lighter: Season 3 · farm board−$35 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Lighter is 0.026% cheaper against Ondo Perps than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.047%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps US100-USD.P30,604.20.0128pay 0.0016% / 1h33m 37s$6.0M$8.5M25x
ShortLighter US10030,5820.0032get 0.0004% / 1h33m 37s$3.9M$95.4M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Ondo Perps. 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
−$20.16
Price spread: −0.073% → −0.047%
−$2.58
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Lighter: 0 bp × 2 orders
$0
Net
−$27.74
Costs to cover
0.050%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Lighter: live order book, 10 min ago. 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 Ondo Perps no order-book sample
Sell Lighter live order book, 10 min ago0.33 bp0.3 bp $00.6 bp −$64.5 bp −$446207.1 bp −$103.5K
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%8h30,574.2−0.098%$102K$38K20xas long as short
Gate NAS100_USDT−0.0200%8h30,531−0.239%$1.9M$3.7M100xas long as short
MEXC NAS100_USDT−0.0100%8h30,587−0.056%$24.8M$19.7M200xas long as short
OKX US100-USDT-SWAP0.0000%8h30,555−0.161%$262K$381K20xas long as short
Bitget NDX100USDT0.0000%8h30,556−0.158%$3.5M$633K50xas long as short
Bullet US100-USD0.0000%1h30,587−0.056%$3K$89K10xas long as short
Phemex NAS100USDT0.0000%4h30,523.5−0.264%$1.4M$184K10xas long as short
QFEX US100-USD+0.0001%1h30,586−0.060%$1.3M$1.3M30xas long as short
Lighter US100short+0.0032%1h30,582−0.073%$3.9M$95.4M30x
Extended TECH100m-USD+0.0032%1h30,587.9−0.053%$2.0M$5.7M20xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest NDX-USD-PERP+0.0046%1h30,875.9+0.888%$198.1M50xas long as short
Paradex US100-USD-PERP+0.0050%8h30,581.9−0.073%5xas long as short
Polymarket Perps NAS100-USD+0.0050%1h30,586−0.060%$7.2M$1.9M50xas long as short
Ondo Perps US100-USD.Plong+0.0128%1h30,604.2long leg$6.0M$8.5M25x
Kraken Futures PF_US100USD+0.2793%1h30,653.8+0.162%$131K$127K20xas long as short