Funding you earn now, next payment 03:00 UTC+0.2765%/8h= +302.8% APRnext payment +$3.46 per $10,000 · paid last 24h +0.701%
Price spread now: Kraken Futures against Vest−0.697%7-day average −1.019% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.341%+$34 on $10k
+Price spread, last 4 days (all we have)−0.928%−$93 · spread now −0.697%, 7d avg −1.019%
=Together, before fees−0.587%+ Points / potential airdropVest: Active · farm board−$59 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$83 a day on $10k at the current rate, and Kraken Futures is 0.322% dearer against Vest than usual: you sell high and buy low: +$32 more if the spread goes back to its 7-day average of −1.019%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.341% in total (about 37.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.46 per $10,000. 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 | Vest NDX-USD-PERP | 30,859.9 | 0.0046 | pay 0.0006% / 1h | 23m 18s | — | $194.5M | 50x |
| Short | Kraken Futures PF_US100USD | 30,644.7 | 0.2811 | get 0.0351% / 1h | 23m 18s | $131K | $127K | 20x |
Vest NDX-USD-PERP
Kraken Futures PF_US100USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Vest. 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
- $580.63
- Price spread: −0.697% → −1.019%
- $32.17
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $600.8
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Vest: no order-book sample; Kraken Futures: live order book, 39 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 Vest no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 39 min ago | 4.57 bp | 30.7 bp −$31 | 86.3 bp −$863 | doesn't fit | doesn't fit |
Vest: 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 | 30,555 | −0.988% | $102K | $38K | 20x | as long as short |
| Gate NAS100_USDT | −0.0200% | 8h | 30,548.1 | −1.010% | $1.9M | $3.7M | 100x | as long as short |
| MEXC NAS100_USDT | −0.0090% | 8h | 30,569 | −0.943% | $24.6M | $19.5M | 200x | as long as short |
| OKX US100-USDT-SWAP | 0.0000% | 8h | 30,549 | −1.007% | $263K | $379K | 20x | as long as short |
| Bitget NDX100USDT | 0.0000% | 8h | 30,551 | −1.001% | $3.5M | $621K | 50x | as long as short |
| Bullet US100-USD | 0.0000% | 1h | 30,568.2 | −0.945% | $3K | $89K | 10x | as long as short |
| Phemex NAS100USDT | 0.0000% | 4h | 30,541.8 | −1.031% | $1.4M | $175K | 10x | as long as short |
| QFEX US100-USD | +0.0004% | 1h | 30,566 | −0.952% | $1.3M | $1.1M | 30x | as long as short |
| Lighter US100 | +0.0032% | 1h | 30,563 | −0.962% | $3.9M | $95.4M | 30x | as long as short |
| Extended TECH100m-USD | +0.0032% | 1h | 30,568.5 | −0.944% | $2.2M | $5.3M | 20x | as long as short |
Orderly PERP_NAS100_USDC
Gate NAS100_USDT
MEXC 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-PERPlong | +0.0046% | 1h | 30,859.9 | long leg | — | $194.5M | 50x | |
| Paradex US100-USD-PERP | +0.0050% | 8h | 30,561.9 | −0.966% | — | — | 5x | as long as short |
| Polymarket Perps NAS100-USD | +0.0050% | 1h | 30,567 | −0.949% | $7.2M | $1.9M | 50x | as long as short |
| Ondo Perps US100-USD.P | +0.0130% | 1h | 30,580 | −0.907% | $6.0M | $8.5M | 25x | as long as short |
| Kraken Futures PF_US100USDshort | +0.2811% | 1h | 30,644.7 | −0.697% | $131K | $127K | 20x |
Paradex US100-USD-PERP
Polymarket Perps NAS100-USD
Ondo Perps US100-USD.P