Funding arb · Price arb /

NAS100

RWAall NAS100 markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%

Price spread now: Polymarket Perps against Bitget+0.069%7-day average −0.052% · you sell dearer than you buy

Net, funding: paid 7d − costs−$35as in the Funding arb table

Net, price: spread back to 7d avg − costs−$20as in the Price arb table

costs, in and out, $10k−$320.319% of the position

Long on Bitget Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.032%−$3 on $10k

Price spread, last 7 days−0.062%−$6 · spread now +0.069%, 7d avg −0.052%

Together, before fees−0.094%−$9 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Polymarket Perps is 0.121% dearer against Bitget than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.052%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget NDX100USDT	30,547	0	get 0.0000% / 8h	5h 28m	$3.5M	$621K	50x
Short	Polymarket Perps NAS100-USD	30,568	0.0050	get 0.0006% / 1h	28m 21s	$7.2M	$1.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now +0.069%Rate

Funding earned: $10.5
Price spread: +0.069% → −0.052%: $12.09
Slippage, 4 orders: −$11.91
Fee Bitget: 6 bp × 2 orders: −$12
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$9.32
Costs to cover: 0.319%
Break-even: 13.2 days

Slippage from Bitget: live order book, 4 min ago; Polymarket Perps: live order book, 6 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, 4 min ago	1.47 bp	11.4 bp −$11	41.1 bp −$411	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 6 min ago	0.16 bp	4.2 bp −$4	4.6 bp −$46	5.3 bp −$527	10.5 bp −$5,273

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	30,555.2	+0.027%	$102K	$38K	20x	as long as short
Gate NAS100_USDT	−0.0200%	8h	30,548.2	+0.004%	$1.9M	$3.7M	100x	as long as short
MEXC NAS100_USDT	−0.0091%	8h	30,570	+0.075%	$24.2M	$19.5M	200x	as long as short
OKX US100-USDT-SWAP	0.0000%	8h	30,549	+0.007%	$263K	$380K	20x	as long as short
Bitget NDX100USDTlong	0.0000%	8h	30,547	long leg	$3.5M	$621K	50x
Bullet US100-USD	0.0000%	1h	30,569.4	+0.073%	$3K	$89K	10x	as long as short
Phemex NAS100USDT	0.0000%	4h	30,547.3	+0.001%	$1.4M	$175K	10x	as long as short
QFEX US100-USD	+0.0004%	1h	30,569	+0.072%	$1.4M	$1.1M	30x	as long as short
Lighter US100	+0.0032%	1h	30,564	+0.056%	$3.9M	$95.1M	30x	as long as short
Extended TECH100m-USD	+0.0032%	1h	30,567.9	+0.069%	$2.2M	$5.3M	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	30,861	+1.028%	—	$194.1M	50x	as long as short
Paradex US100-USD-PERP	+0.0050%	8h	30,562.9	+0.052%	—	—	5x	as long as short
Polymarket Perps NAS100-USDshort	+0.0050%	1h	30,568	+0.069%	$7.2M	$1.9M	50x
Ondo Perps US100-USD.P	+0.0134%	1h	30,576.7	+0.097%	$6.0M	$8.5M	25x	as long as short
Kraken Futures PF_US100USD	+0.2811%	1h	30,643.3	+0.315%	$131K	$127K	20x	as long as short