Funding you earn now, next payment 16:00 UTC−0.0052%/8h= −5.7% APRnext payment −$0.52 per $10,000 · paid last 24h −0.025%
Price spread now: MEXC against Bitget−0.039%7-day average −0.089% · you buy dearer than you sell
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$450.447% of the position
Funding, last 7 days−0.104%−$10 on $10k
+Price spread, last 7 days−0.045%−$5 · spread now −0.039%, 7d avg −0.089%
=The price spread pays, funding is against you. MEXC is 0.049% dearer against Bitget than usual: you sell high and buy low (spread −0.039% now, against its 7-day average of −0.089%): +$5 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget NDX100USDT | 30,536 | 0 | get 0.0000% / 8h | 5h 45m | $3.6M | $560K | 50x |
| Short | MEXC NAS100_USDT | 30,524 | −0.0052 | pay 0.0052% / 8h | 5h 45m | $21.5M | $21.7M | 200x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$10.92
- Price spread: −0.039% → −0.089%
- $4.94
- Slippage, 4 orders
- −$32.69
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$50.67
- Costs to cover
- 0.447%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 1 min ago; MEXC: live order book, 1 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, 1 min ago | 3.27 bp | 19.3 bp −$19 | 23.8 bp −$238 | 40.0 bp −$4,005 | doesn't fit |
| Sell MEXC live order book, 1 min ago | 0.33 bp | 0.3 bp $0 | 1.0 bp −$10 | 28.6 bp −$2,858 | 120.6 bp −$60.3K |
NAS100 on 15 exchanges
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 | −0.0280% | 8h | 30,509.4 | −0.087% | $100K | $36K | 20x | as long as short |
| Kraken Futures PF_US100USD | −0.0234% | 1h | 30,481 | −0.180% | $140K | $69K | 20x | as long as short |
| Gate NAS100_USDT | −0.0200% | 8h | 30,513.8 | −0.073% | $1.8M | $2.6M | 100x | as long as short |
| MEXC NAS100_USDTshort | −0.0052% | 8h | 30,524 | −0.039% | $21.5M | $21.7M | 200x | |
| OKX US100-USDT-SWAP | 0.0000% | 8h | 30,508 | −0.092% | $267K | $427K | 20x | as long as short |
| Bitget NDX100USDTlong | 0.0000% | 8h | 30,536 | long leg | $3.6M | $560K | 50x | |
| Bullet US100-USD | 0.0000% | 1h | 30,521 | −0.049% | $2K | $89K | 10x | as long as short |
| Phemex NAS100USDT | 0.0000% | 4h | 30,507.2 | −0.094% | $1.4M | $194K | 10x | as long as short |
| QFEX US100-USD | +0.0003% | 1h | 30,520 | −0.052% | $1.4M | $1.6M | 30x | as long as short |
| Lighter US100 | +0.0032% | 1h | 30,517 | −0.062% | $3.1M | $99.2M | 30x | as long as short |
Show all 15 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended TECH100m-USD | +0.0032% | 1h | 30,518.7 | −0.057% | $2.1M | $5.5M | 20x | as long as short |
| Vest NDX-USD-PERP | +0.0046% | 1h | 30,811.9 | +0.903% | — | $209.1M | 50x | as long as short |
| Paradex US100-USD-PERP | +0.0050% | 8h | 30,515 | −0.069% | — | — | 5x | as long as short |
| Polymarket Perps NAS100-USD | +0.0050% | 1h | 30,518 | −0.059% | $7.2M | $1.9M | 50x | as long as short |
| Ondo Perps US100-USD.P | +0.0066% | 1h | 30,521.6 | −0.047% | $6.0M | $10.3M | 25x | as long as short |
Bitget NDX100USDT
MEXC NAS100_USDT
Kraken Futures PF_US100USD
Gate NAS100_USDT
OKX US100-USDT-SWAP
Bullet US100-USD
Phemex NAS100USDT
Lighter US100
Extended TECH100m-USD
Paradex US100-USD-PERP
Polymarket Perps NAS100-USD