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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_NAS100_USDC | 30,458.9 | −0.0282 | get 0.0282% / 8h | 57m 08s | $101K | $38K | 20x |
| Short | Vest NDX-USD-PERP | 30,766.3 | 0.0046 | get 0.0006% / 1h | 57m 08s | — | $203.2M | 50x |
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 itlatest
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| Leg | Half-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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_NAS100_USDClong | −0.0282% | 8h | 30,458.9 | long leg | $101K | $38K | 20x | |
| Gate NAS100_USDT | −0.0200% | 8h | 30,415.3 | −0.143% | $2.0M | $3.3M | 100x | as long as short |
| MEXC NAS100_USDT | −0.0068% | 8h | 30,470 | +0.036% | $24.1M | $20.6M | 200x | as long as short |
| OKX US100-USDT-SWAP | 0.0000% | 8h | 30,440 | −0.062% | $264K | $375K | 20x | as long as short |
| Bitget NDX100USDT | 0.0000% | 8h | 30,488 | +0.096% | $3.5M | $631K | 50x | as long as short |
| Bullet US100-USD | 0.0000% | 1h | 30,471.1 | +0.040% | $4K | $91K | 10x | as long as short |
| Phemex NAS100USDT | 0.0000% | 4h | 30,426.3 | −0.107% | $1.4M | $193K | 10x | as long as short |
| QFEX US100-USD | 0.0000% | 1h | 30,467 | +0.027% | $1.3M | $1.3M | 30x | as long as short |
| Lighter US100 | +0.0032% | 1h | 30,466 | +0.023% | $3.9M | $93.4M | 30x | as long as short |
| Extended TECH100m-USD | +0.0032% | 1h | 30,472.1 | +0.043% | $2.0M | $5.9M | 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-PERPshort | +0.0046% | 1h | 30,766.3 | +1.009% | — | $203.2M | 50x | |
| Paradex US100-USD-PERP | +0.0050% | 8h | 30,465.6 | +0.022% | — | — | 5x | as long as short |
| Polymarket Perps NAS100-USD | +0.0050% | 1h | 30,468 | +0.030% | $7.2M | $2.0M | 50x | as long as short |
| Ondo Perps US100-USD.P | +0.0050% | 1h | 30,471.3 | +0.041% | $6.0M | $8.9M | 25x | as long as short |
| Kraken Futures PF_US100USD | +0.1160% | 1h | 30,495 | +0.118% | $141K | $141K | 20x | as long as short |
Gate NAS100_USDT
MEXC NAS100_USDT
OKX US100-USDT-SWAP
Bitget NDX100USDT
Bullet US100-USD
Phemex NAS100USDT
Lighter US100
Extended TECH100m-USD
Paradex US100-USD-PERP
Polymarket Perps NAS100-USD
Kraken Futures PF_US100USD