Funding you earn now, next payment 01:00 UTC−0.0044%/8h= −4.8% APRnext payment −$0.05 per $10,000 · paid last 24h −0.012%
Price spread now: QFEX against Vest−0.912%7-day average −1.079% · 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)−0.040%−$4 on $10k
+Price spread, last 4 days (all we have)−0.161%−$16 · spread now −0.912%, 7d avg −1.079%
=Together, before fees−0.201%+ Points / potential airdropVest: Active · farm board−$20 on $10k · with fees, hour by hour
The price spread pays, funding is against you. QFEX is 0.167% dearer against Vest than usual: you sell high and buy low (spread −0.912% now, against its 7-day average of −1.079%): +$17 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 13 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest NDX-USD-PERP | 30,880.6 | 0.0046 | pay 0.0006% / 1h | 58m 56s | — | $194.6M | 50x |
| Short | QFEX US100-USD | 30,599 | 0.0002 | get 0.0000% / 1h | 58m 56s | $1.4M | $1.0M | 30x |
Vest NDX-USD-PERP
QFEX US100-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$9.17
- Price spread: −0.912% → −1.079%
- $16.7
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$4.47
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Vest: no order-book sample; QFEX: live order book, 7 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 QFEX live order book, 7 min ago | 0.33 bp | 8.3 bp −$8 | 8.3 bp −$83 | 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 | −0.0214% | 8h | 30,585 | −0.957% | $102K | $38K | 20x | as long as short |
| Gate NAS100_USDT | −0.0200% | 8h | 30,567.5 | −1.014% | $1.8M | $3.6M | 100x | as long as short |
| MEXC NAS100_USDT | −0.0098% | 8h | 30,595 | −0.925% | $22.8M | $19.5M | 200x | as long as short |
| OKX US100-USDT-SWAP | 0.0000% | 8h | 30,566 | −1.019% | $261K | $356K | 20x | as long as short |
| Bitget NDX100USDT | 0.0000% | 8h | 30,555 | −1.054% | $3.5M | $619K | 50x | as long as short |
| Bullet US100-USD | 0.0000% | 1h | 30,598.6 | −0.913% | $3K | $90K | 10x | as long as short |
| Phemex NAS100USDT | 0.0000% | 4h | 30,505.8 | −1.214% | $1.4M | $171K | 10x | as long as short |
| QFEX US100-USDshort | +0.0002% | 1h | 30,599 | −0.912% | $1.4M | $1.0M | 30x | |
| Lighter US100 | +0.0032% | 1h | 30,590 | −0.941% | $3.9M | $91.4M | 30x | as long as short |
| Extended TECH100m-USD | +0.0032% | 1h | 30,594 | −0.928% | $2.2M | $5.6M | 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
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 | 30,880.6 | long leg | — | $194.6M | 50x | |
| Paradex US100-USD-PERP | +0.0050% | 8h | 30,593.9 | −0.929% | — | — | 5x | as long as short |
| Polymarket Perps NAS100-USD | +0.0050% | 1h | 30,596 | −0.922% | $7.2M | $1.9M | 50x | as long as short |
| Ondo Perps US100-USD.P | +0.0185% | 1h | 30,620 | −0.844% | $6.0M | $8.7M | 25x | as long as short |
| Kraken Futures PF_US100USD | +0.2428% | 1h | 30,645.4 | −0.762% | $127K | $125K | 20x | as long as short |
Paradex US100-USD-PERP
Polymarket Perps NAS100-USD
Ondo Perps US100-USD.P
Kraken Futures PF_US100USD