Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: OKX against Phemex+0.198%7-day average +0.191% · you sell dearer than you buy
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$750.755% of the position
Funding, last 7 days+0.066%+$7 on $10k
+Price spread, last 3 days (all we have)−0.015%−$1 · spread now +0.198%, 7d avg +0.191%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex NAS100USDT | 30,505.8 | 0 | get 0.0000% / 4h | 2h 59m | $1.4M | $171K | 10x |
| Short | OKX US100-USDT-SWAP | 30,566 | 0 | get 0.0000% / 8h | 6h 59m | $261K | $356K | 20x |
Phemex NAS100USDT
OKX US100-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Phemex. 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
- $0
- Price spread: +0.198% → +0.191%
- $0.66
- Slippage, 4 orders
- −$53.48
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$74.82
- Costs to cover
- 0.755%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 3 min ago; OKX: live order book, 6 min ago.
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 Phemex live order book, 3 min ago | 0.46 bp | 46.3 bp −$46 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 6 min ago | 0.82 bp | 5.8 bp −$6 | doesn't fit | doesn't fit | doesn't fit |
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 | 30,585 | +0.260% | $102K | $38K | 20x | as long as short |
| Gate NAS100_USDT | −0.0200% | 8h | 30,567.5 | +0.202% | $1.8M | $3.6M | 100x | as long as short |
| MEXC NAS100_USDT | −0.0098% | 8h | 30,598 | +0.302% | $22.8M | $19.5M | 200x | as long as short |
| OKX US100-USDT-SWAPshort | 0.0000% | 8h | 30,566 | +0.198% | $261K | $356K | 20x | |
| Bitget NDX100USDT | 0.0000% | 8h | 30,555 | +0.161% | $3.5M | $619K | 50x | as long as short |
| Bullet US100-USD | 0.0000% | 1h | 30,598.6 | +0.304% | $3K | $90K | 10x | as long as short |
| Phemex NAS100USDTlong | 0.0000% | 4h | 30,505.8 | long leg | $1.4M | $171K | 10x | |
| QFEX US100-USD | +0.0002% | 1h | 30,599 | +0.306% | $1.4M | $1.0M | 30x | as long as short |
| Lighter US100 | +0.0032% | 1h | 30,593 | +0.286% | $3.9M | $91.4M | 30x | as long as short |
| Extended TECH100m-USD | +0.0032% | 1h | 30,596.4 | +0.297% | $2.2M | $5.6M | 20x | as long as short |
Orderly PERP_NAS100_USDC
Gate NAS100_USDT
MEXC NAS100_USDT
Bitget NDX100USDT
Bullet US100-USD
QFEX US100-USD
Lighter US100
Extended TECH100m-USDShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest NDX-USD-PERP | +0.0046% | 1h | 30,880.6 | +1.229% | — | $194.6M | 50x | as long as short |
| Paradex US100-USD-PERP | +0.0050% | 8h | 30,593.9 | +0.289% | — | — | 5x | as long as short |
| Polymarket Perps NAS100-USD | +0.0050% | 1h | 30,596 | +0.296% | $7.2M | $1.9M | 50x | as long as short |
| Ondo Perps US100-USD.P | +0.0185% | 1h | 30,620 | +0.374% | $6.0M | $8.7M | 25x | as long as short |
| Kraken Futures PF_US100USD | +0.2428% | 1h | 30,645.4 | +0.458% | $127K | $125K | 20x | as long as short |
Vest NDX-USD-PERP
Paradex US100-USD-PERP
Polymarket Perps NAS100-USD
Ondo Perps US100-USD.P
Kraken Futures PF_US100USD