Funding arb · Price arb /

NAS100

RWAall NAS100 markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0018%/8h= −2.0% APRpaid last 24h —

Price spread now: Extended against Paradex+0.021%7-day average — · you sell dearer than you buy

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

Long on Paradex Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · Extended: Active · farm boardneeds both histories

The price spread pays, funding is against you. Extended is 0.021% dearer against Paradex than usual: you sell high and buy low (spread +0.021% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex US100-USD-PERP	30,572.9	0.0050	pay 0.0050% / 8h	4h 07m	—	—	5x
Short	Extended TECH100m-USD	30,579.2	0.0032	get 0.0004% / 1h	7m 18s	$2.0M	$5.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Paradex. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 ParadexbpFee ExtendedbpOrdersPrice spread, now +0.021%Rate

Funding earned: −$3.78
Price spread: +0.021% → 0.000%: $2.09
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$10.69
Costs to cover: 0.090%
Break-even: never at this rate

Slippage unknown: Paradex: no order-book sample; Extended: live order book, 2 min ago. 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 Paradex no order-book sample	—	—	—	—	—
Sell Extended live order book, 2 min ago	0.82 bp	3.8 bp −$4	8.4 bp −$84	doesn't fit	doesn't fit

Paradex: 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	−0.0212%	8h	30,567.5	−0.018%	$102K	$38K	20x	as long as short
Gate NAS100_USDT	−0.0200%	8h	30,544.7	−0.092%	$1.9M	$3.7M	100x	as long as short
MEXC NAS100_USDT	−0.0106%	8h	30,579	+0.020%	$24.8M	$19.8M	200x	as long as short
OKX US100-USDT-SWAP	0.0000%	8h	30,550	−0.075%	$263K	$380K	20x	as long as short
Bitget NDX100USDT	0.0000%	8h	30,558	−0.049%	$3.5M	$633K	50x	as long as short
Bullet US100-USD	0.0000%	1h	30,579	+0.020%	$2K	$89K	10x	as long as short
Phemex NAS100USDT	0.0000%	4h	30,538.8	−0.111%	$1.4M	$183K	10x	as long as short
QFEX US100-USD	+0.0001%	1h	30,579	+0.020%	$1.3M	$1.4M	30x	as long as short
Lighter US100	+0.0032%	1h	30,574	+0.004%	$3.8M	$96.6M	30x	as long as short
Extended TECH100m-USDshort	+0.0032%	1h	30,579.2	+0.021%	$2.0M	$5.7M	20x

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	30,865	+0.956%	—	$199.6M	50x	as long as short
Paradex US100-USD-PERPlong	+0.0050%	8h	30,572.9	long leg	—	—	5x
Polymarket Perps NAS100-USD	+0.0050%	1h	30,579	+0.020%	$7.2M	$1.9M	50x	as long as short
Ondo Perps US100-USD.P	+0.0118%	1h	30,595	+0.072%	$6.0M	$8.5M	25x	as long as short
Kraken Futures PF_US100USD	+0.2797%	1h	30,601.1	+0.092%	$131K	$129K	20x	as long as short