Funding arb · Price arb /

NAS100

RWAall NAS100 markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.50 per $10,000 · paid last 24h —

Price spread now: Paradex against Bitget−0.056%52s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Bitget Short on Paradex

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

Funding pays, the price is against you. Paradex is 0.056% cheaper against Bitget than usual: you would sell low and buy high (spread −0.056% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 3.7 days of funding at the current rate (+$1 a day). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget NDX100USDT	30,539	0	get 0.0000% / 8h	3h 13m	$3.5M	$634K	50x
Short	Paradex US100-USD-PERP	30,521.9	0.0050	get 0.0050% / 8h	3h 13m	—	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against Bitget. 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 BitgetbpFee ParadexbpOrdersPrice spread, now −0.056%Rate

Funding earned: $10.5
Price spread: −0.056% → 0.000%: −$5.61
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$11.11
Costs to cover: 0.160%
Break-even: 14.4 days

Slippage unknown: Bitget: live order book, 4 min ago; Paradex: no order-book sample. 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 Bitget live order book, 4 min ago	2.95 bp	24.7 bp −$25	43.4 bp −$434	53.4 bp −$5,340	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: 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	30,518.6	−0.067%	$102K	$38K	20x	as long as short
Gate NAS100_USDT	−0.0200%	8h	30,513.5	−0.084%	$1.9M	$3.7M	100x	as long as short
MEXC NAS100_USDT	−0.0068%	8h	30,533	−0.020%	$26.3M	$20.0M	200x	as long as short
OKX US100-USDT-SWAP	0.0000%	8h	30,488	−0.167%	$262K	$375K	20x	as long as short
Bitget NDX100USDTlong	0.0000%	8h	30,539	long leg	$3.5M	$634K	50x
Bullet US100-USD	0.0000%	1h	30,528.5	−0.034%	$4K	$90K	10x	as long as short
Phemex NAS100USDT	0.0000%	4h	30,513.5	−0.084%	$1.4M	$189K	10x	as long as short
QFEX US100-USD	+0.0002%	1h	30,528	−0.036%	$1.3M	$1.3M	30x	as long as short
Lighter US100	+0.0032%	1h	30,524	−0.049%	$3.8M	$98.9M	30x	as long as short
Extended TECH100m-USD	+0.0032%	1h	30,533.4	−0.018%	$2.0M	$5.8M	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	30,821.8	+0.926%	—	$202.9M	50x	as long as short
Paradex US100-USD-PERPshort	+0.0050%	8h	30,521.9	−0.056%	—	—	5x
Polymarket Perps NAS100-USD	+0.0050%	1h	30,530	−0.029%	$7.2M	$1.9M	50x	as long as short
Ondo Perps US100-USD.P	+0.0117%	1h	30,541.6	+0.008%	$6.0M	$8.4M	25x	as long as short
Kraken Futures PF_US100USD	+0.2681%	1h	30,566.6	+0.090%	$137K	$137K	20x	as long as short