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

NAS100

RWAall NAS100 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0327%/8h= +35.8% APRpaid last 24h +0.047%
Price spread now: Vest against Orderly+1.009%7-day average +1.268% · you sell dearer than you buy
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 4 days (all we have)+0.010%+$1 on $10k
Price spread, last 4 days (all we have)+0.260%+$26 · spread now +1.009%, 7d avg +1.268%
Together, before fees+0.270%+ Points / potential airdropVest: Active · farm board+$27 on $10k · with fees, hour by hour
Funding pays, the price is against you. Vest is 0.259% cheaper against Orderly than usual: you would sell low and buy high (spread +1.009% now, against its 7-day average of +1.268%). If the spread goes back, that is −$26 on $10k: about 2.6 days of funding at the current rate (+$10 a day). At the pace of the last 4 days (+0.010% in total) that is about 3 months.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.010% in total (about 1.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_NAS100_USDC30,458.9−0.0282get 0.0282% / 8h57m 08s$101K$38K20x
ShortVest NDX-USD-PERP30,766.30.0046get 0.0006% / 1h57m 08s$203.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against Orderly. 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
$68.71
Price spread: +1.009% → +1.268%
−$25.88
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Vest: 1 bp × 2 orders
−$2
Net
$34.82
Costs to cover
0.080%
Break-even
3.5 days
Slippage unknown: Orderly: no order-book sample; Vest: 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 Orderly no order-book sample
Sell Vest no order-book sample
Orderly and Vest: 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_USDClong−0.0282%8h30,458.9long leg$101K$38K20x
Gate NAS100_USDT−0.0200%8h30,415.3−0.143%$2.0M$3.3M100xas long as short
MEXC NAS100_USDT−0.0068%8h30,470+0.036%$24.1M$20.6M200xas long as short
OKX US100-USDT-SWAP0.0000%8h30,440−0.062%$264K$375K20xas long as short
Bitget NDX100USDT0.0000%8h30,488+0.096%$3.5M$631K50xas long as short
Bullet US100-USD0.0000%1h30,471.1+0.040%$4K$91K10xas long as short
Phemex NAS100USDT0.0000%4h30,426.3−0.107%$1.4M$193K10xas long as short
QFEX US100-USD0.0000%1h30,467+0.027%$1.3M$1.3M30xas long as short
Lighter US100+0.0032%1h30,466+0.023%$3.9M$93.4M30xas long as short
Extended TECH100m-USD+0.0032%1h30,472.1+0.043%$2.0M$5.9M20xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest NDX-USD-PERPshort+0.0046%1h30,766.3+1.009%$203.2M50x
Paradex US100-USD-PERP+0.0050%8h30,465.6+0.022%5xas long as short
Polymarket Perps NAS100-USD+0.0050%1h30,468+0.030%$7.2M$2.0M50xas long as short
Ondo Perps US100-USD.P+0.0050%1h30,471.3+0.041%$6.0M$8.9M25xas long as short
Kraken Futures PF_US100USD+0.1160%1h30,495+0.118%$141K$141K20xas long as short