Funding spread now, next payment 20:00 UTC−0.0201%/8h
paid, last 24h−0.002%paid, last 7 days+0.120%to open and closeno order book
The current rate is far above what this pair has been paying: over the last 7 days it paid 0.120% in total (about 6.3% 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 | Phemex NAS100USDT | 30,299.4 | 0 | get 0.0000% / 4h | 1h 03m | $1.4M | $169K | 10x |
| Short | Orderly PERP_NAS100_USDC | 30,480.9 | −0.0201 | pay 0.0201% / 8h | 5h 03m | $103K | $36K | 20x |
Phemex NAS100USDT
Orderly PERP_NAS100_USDCFunding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- −$42.25
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$60.25
- Break-even
- never at this rate
Slippage unknown: Phemex: live order book, 1 min ago; Orderly: no order-book sample. Net counts fees only.
Price risk
price view- Price gap now
- +0.599%
- Avg gap 7d
- −0.084%
A gap far from its average can cost days of funding.
Backtest
opened in the past, held until now, after costsCost 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, 1 min ago | 1.68 bp | 83.0 bp −$83 | doesn't fit | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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.| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| Orderly PERP_NAS100_USDCshort | −0.0201% | 8h | $103K | $36K | 20x | |
| Gate NAS100_USDT | −0.0200% | 8h | $1.8M | $3.6M | 100x | as long as short |
| MEXC NAS100_USDT | −0.0088% | 8h | $23.5M | $18.4M | 200x | as long as short |
| OKX US100-USDT-SWAP | 0.0000% | 8h | $139K | $168K | 20x | as long as short |
| Bitget NDX100USDT | 0.0000% | 8h | $3.6M | $631K | 50x | as long as short |
| Bullet US100-USD | 0.0000% | 1h | $3K | $91K | 10x | as long as short |
| Phemex NAS100USDTlong | 0.0000% | 4h | $1.4M | $169K | 10x | |
| QFEX US100-USD | +0.0001% | 1h | $1.4M | $958K | 30x | as long as short |
| Lighter US100 | +0.0032% | 1h | $4.2M | $86.3M | 30x | as long as short |
| Extended TECH100m-USD | +0.0032% | 1h | $2.4M | $4.9M | 20x | as long as short |
Gate NAS100_USDT
MEXC NAS100_USDT
OKX US100-USDT-SWAP
Bitget NDX100USDT
Bullet US100-USD
QFEX US100-USD
Lighter US100
Extended TECH100m-USDShow all 15 venues
| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| Vest NDX-USD-PERP | +0.0046% | 1h | — | $160.4M | 50x | as long as short |
| Paradex US100-USD-PERP | +0.0050% | 8h | — | — | 5x | as long as short |
| Polymarket Perps NAS100-USD | +0.0050% | 1h | $6.1M | $635K | 50x | as long as short |
| Ondo Perps US100-USD.P | +0.0059% | 1h | $6.0M | $9.1M | 25x | as long as short |
| Kraken Futures PF_US100USD | +0.3439% | 1h | $119K | $120K | 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