NAS100

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.04 per $10,000 · paid last 24h +0.008%

Price spread now: Lighter against QFEX0.000%7-day average −0.007% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$15as in the Price arb table

costs, in and out, $10k−$160.159% of the position

Long on QFEX Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.231%−$23 on $10k

Price spread, last 7 days−0.018%−$2 · spread now 0.000%, 7d avg −0.007%

Together, before fees−0.249%+ Points / potential airdropLighter: Season 3 · farm board−$25 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.007%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 4 days funding on this pair cost −0.231%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX US100-USD	30,538	0.0002	pay 0.0000% / 1h	9m 27s	$1.3M	$1.3M	30x
Short	Lighter US100	30,538	0.0032	get 0.0004% / 1h	9m 27s	$4.0M	$98.0M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against QFEX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

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 QFEXbpFee LighterbpOrdersPrice spread, now 0.000%Rate

Funding earned: $6.27
Price spread: 0.000% → −0.007%: $0.69
Slippage, 4 orders: −$5.86
Fee QFEX: 5 bp × 2 orders: −$10
Fee Lighter: 0 bp × 2 orders: $0
Net: −$8.9
Costs to cover: 0.159%
Break-even: 16.9 days

Slippage from QFEX: live order book, 2 min ago; Lighter: live order book, 5 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 QFEX live order book, 2 min ago	0.65 bp	8.6 bp −$9	9.0 bp −$90	doesn't fit	doesn't fit
Sell Lighter live order book, 5 min ago	0.33 bp	0.3 bp $0	0.3 bp −$3	3.6 bp −$357	213.1 bp −$106.5K

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	−0.0263%	8h	30,522.2	−0.052%	$102K	$38K	20x	as long as short
Gate NAS100_USDT	−0.0200%	8h	30,465.7	−0.237%	$1.9M	$3.6M	100x	as long as short
MEXC NAS100_USDT	−0.0073%	8h	30,539	+0.003%	$23.8M	$20.6M	200x	as long as short
OKX US100-USDT-SWAP	0.0000%	8h	30,463	−0.246%	$262K	$372K	20x	as long as short
Bitget NDX100USDT	0.0000%	8h	30,515	−0.075%	$3.5M	$636K	50x	as long as short
Bullet US100-USD	0.0000%	1h	30,537	−0.003%	$3K	$90K	10x	as long as short
Phemex NAS100USDT	0.0000%	4h	30,466.2	−0.235%	$1.4M	$192K	10x	as long as short
QFEX US100-USDlong	+0.0002%	1h	30,538	long leg	$1.3M	$1.3M	30x
Lighter US100short	+0.0032%	1h	30,538	0.000%	$4.0M	$98.0M	30x
Extended TECH100m-USD	+0.0032%	1h	30,532.4	−0.018%	$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-PERP	+0.0046%	1h	30,830	+0.956%	—	$203.1M	50x	as long as short
Paradex US100-USD-PERP	+0.0050%	8h	30,536.9	−0.004%	—	—	5x	as long as short
Polymarket Perps NAS100-USD	+0.0050%	1h	30,539	+0.003%	$7.2M	$1.9M	50x	as long as short
Ondo Perps US100-USD.P	+0.0099%	1h	30,551.9	+0.046%	$6.1M	$8.6M	25x	as long as short
Kraken Futures PF_US100USD	+0.1694%	1h	30,511.3	−0.088%	$137K	$137K	20x	as long as short