Funding you earn now, next payment 00:00 UTC−0.0021%/8h= −2.3% APRnext payment −$0.21 per $10,000 · paid last 24h −0.060%
Price spread now: Gate against Bitget−0.067%7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$790.785% of the position
Funding, last 7 days−0.311%−$31 on $10k
+Price spread, last 7 days+0.212%+$21 · spread now −0.067%, 7d avg −0.038%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Gate is 0.028% cheaper against Bitget than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.038%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget NDX100USDT | 30,509 | 0 | get 0.0000% / 8h | 45m 58s | $3.5M | $667K | 50x |
| Short | Gate NAS100_USDT | 30,488.6 | −0.0021 | pay 0.0021% / 8h | 45m 58s | $1.8M | $3.6M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bitget. 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
- −$4.41
- Price spread: −0.067% → −0.038%
- −$2.85
- Slippage, 4 orders
- −$51.52
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$85.77
- Costs to cover
- 0.785%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 2 min ago; Gate: live order book, 2 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 Bitget live order book, 2 min ago | 0.82 bp | 20.3 bp −$20 | 32.2 bp −$322 | 39.3 bp −$3,926 | doesn't fit |
| Sell Gate live order book, 2 min ago | 9.68 bp | 17.2 bp −$17 | 37.8 bp −$378 | doesn't fit | doesn't fit |
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 | −0.0219% | 8h | 30,534.2 | +0.083% | $102K | $38K | 20x | as long as short |
| MEXC NAS100_USDT | −0.0111% | 8h | 30,546 | +0.121% | $22.5M | $19.4M | 200x | as long as short |
| Gate NAS100_USDTshort | −0.0021% | 8h | 30,488.6 | −0.067% | $1.8M | $3.6M | 100x | |
| OKX US100-USDT-SWAP | 0.0000% | 8h | 30,501 | −0.026% | $259K | $357K | 20x | as long as short |
| Bitget NDX100USDTlong | 0.0000% | 8h | 30,509 | long leg | $3.5M | $667K | 50x | |
| Bullet US100-USD | 0.0000% | 1h | 30,542 | +0.108% | $3K | $90K | 10x | as long as short |
| Phemex NAS100USDT | 0.0000% | 4h | 30,438.9 | −0.230% | $1.4M | $172K | 10x | as long as short |
| QFEX US100-USD | +0.0001% | 1h | 30,542 | +0.108% | $1.4M | $1.0M | 30x | as long as short |
| Lighter US100 | +0.0032% | 1h | 30,541 | +0.105% | $3.9M | $92.5M | 30x | as long as short |
| Extended TECH100m-USD | +0.0032% | 1h | 30,545.2 | +0.119% | $2.1M | $5.5M | 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 | 30,826.1 | +1.039% | — | $194.2M | 50x | as long as short |
| Paradex US100-USD-PERP | +0.0050% | 8h | 30,535.9 | +0.088% | — | — | 5x | as long as short |
| Polymarket Perps NAS100-USD | +0.0050% | 1h | 30,540 | +0.102% | $7.2M | $1.8M | 50x | as long as short |
| Ondo Perps US100-USD.P | +0.0215% | 1h | 30,553.6 | +0.146% | $6.0M | $8.9M | 25x | as long as short |
| Kraken Futures PF_US100USD | +0.1978% | 1h | 30,599 | +0.295% | $124K | $123K | 20x | as long as short |
Bitget NDX100USDT
Gate NAS100_USDT
MEXC NAS100_USDT
OKX US100-USDT-SWAP
Bullet US100-USD
Phemex NAS100USDT
Lighter US100
Extended TECH100m-USD
Paradex US100-USD-PERP
Polymarket Perps NAS100-USD
Kraken Futures PF_US100USD