Funding you earn now, next payment 03:00 UTC−0.0139%/8h= −15.2% APRpaid last 24h −0.044%
Price spread now: MEXC against Polymarket Perps+0.003%49s7-day average −0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$100.095% of the position
Funding, last 7 days−0.073%−$7 on $10k
+Price spread, last 7 days−0.113%−$11 · spread now +0.003%, 7d avg −0.039%
=The price spread pays, funding is against you. MEXC is 0.043% dearer against Polymarket Perps than usual: you sell high and buy low (spread +0.003% now, against its 7-day average of −0.039%): +$4 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 25 hours. At the pace of the last 7 days (−0.073% in total) that is about 4.1 days. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps NAS100-USD | 30,566 | 0.0050 | pay 0.0006% / 1h | 24m 33s | $7.2M | $1.9M | 50x |
| Short | MEXC NAS100_USDT | 30,567 | −0.0089 | pay 0.0089% / 8h | 5h 24m | $24.2M | $19.5M | 200x |
Polymarket Perps NAS100-USD
MEXC NAS100_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Polymarket Perps. 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
- −$29.19
- Price spread: +0.003% → −0.039%
- $4.26
- Slippage, 4 orders
- −$1.55
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$34.48
- Costs to cover
- 0.095%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 5 min ago; MEXC: live order book, 4 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 Polymarket Perps live order book, 5 min ago | 0.16 bp | 4.9 bp −$5 | 5.4 bp −$54 | 6.0 bp −$597 | 12.0 bp −$5,982 |
| Sell MEXC live order book, 4 min ago | 0.16 bp | 0.2 bp $0 | 0.8 bp −$8 | 28.5 bp −$2,846 | 134.0 bp −$67.0K |
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 | 30,553.7 | −0.040% | $102K | $38K | 20x | as long as short |
| Gate NAS100_USDT | −0.0200% | 8h | 30,548.1 | −0.059% | $1.9M | $3.7M | 100x | as long as short |
| MEXC NAS100_USDTshort | −0.0089% | 8h | 30,567 | +0.003% | $24.2M | $19.5M | 200x | |
| OKX US100-USDT-SWAP | 0.0000% | 8h | 30,549 | −0.056% | $263K | $379K | 20x | as long as short |
| Bitget NDX100USDT | 0.0000% | 8h | 30,551 | −0.049% | $3.5M | $621K | 50x | as long as short |
| Bullet US100-USD | 0.0000% | 1h | 30,566.4 | +0.001% | $3K | $89K | 10x | as long as short |
| Phemex NAS100USDT | 0.0000% | 4h | 30,545.2 | −0.068% | $1.4M | $175K | 10x | as long as short |
| QFEX US100-USD | +0.0004% | 1h | 30,565 | −0.003% | $1.3M | $1.1M | 30x | as long as short |
| Lighter US100 | +0.0032% | 1h | 30,563 | −0.010% | $3.9M | $95.4M | 30x | as long as short |
| Extended TECH100m-USD | +0.0032% | 1h | 30,567.6 | +0.005% | $2.2M | $5.3M | 20x | as long as short |
Orderly PERP_NAS100_USDC
Gate NAS100_USDT
OKX US100-USDT-SWAP
Bitget NDX100USDT
Bullet US100-USD
Phemex NAS100USDT
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 | 30,858.5 | +0.957% | — | $194.3M | 50x | as long as short |
| Paradex US100-USD-PERP | +0.0050% | 8h | 30,561.9 | −0.014% | — | — | 5x | as long as short |
| Polymarket Perps NAS100-USDlong | +0.0050% | 1h | 30,566 | long leg | $7.2M | $1.9M | 50x | |
| Ondo Perps US100-USD.P | +0.0130% | 1h | 30,580 | +0.046% | $6.0M | $8.5M | 25x | as long as short |
| Kraken Futures PF_US100USD | +0.2811% | 1h | 30,644.2 | +0.256% | $131K | $127K | 20x | as long as short |
Vest NDX-USD-PERP
Paradex US100-USD-PERP
Ondo Perps US100-USD.P
Kraken Futures PF_US100USD