Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Phemex against Bullet−0.040%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.040% cheaper against Bullet than usual: you would sell low and buy high, −$4 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bullet US100-USD | 30,514 | 0 | get 0.0000% / 1h | 4m 45s | $4K | $90K | 10x |
| Short | Phemex NAS100USDT | 30,501.7 | 0 | get 0.0000% / 4h | 3h 04m | $1.4M | $190K | 10x |
Bullet US100-USD
Phemex NAS100USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Bullet. 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
- $0
- Price spread: −0.040% → 0.000%
- −$4.04
- Slippage, 4 orders
- no order book: not counted
- Fee Bullet: 4 bp × 2 orders
- −$8
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$24.04
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Bullet: no order-book sample; Phemex: live order book, 3 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 Bullet no order-book sample | — | — | — | — | — |
| Sell Phemex live order book, 3 min ago | 6.52 bp | 21.3 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
Bullet: 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 | 30,502.6 | −0.037% | $102K | $38K | 20x | as long as short |
| Gate NAS100_USDT | −0.0200% | 8h | 30,499 | −0.049% | $1.9M | $3.7M | 100x | as long as short |
| MEXC NAS100_USDT | −0.0076% | 8h | 30,515 | +0.003% | $26.3M | $20.0M | 200x | as long as short |
| OKX US100-USDT-SWAP | 0.0000% | 8h | 30,488 | −0.085% | $262K | $375K | 20x | as long as short |
| Bitget NDX100USDT | 0.0000% | 8h | 30,530 | +0.052% | $3.5M | $635K | 50x | as long as short |
| Bullet US100-USDlong | 0.0000% | 1h | 30,514 | long leg | $4K | $90K | 10x | |
| Phemex NAS100USDTshort | 0.0000% | 4h | 30,501.7 | −0.040% | $1.4M | $190K | 10x | |
| QFEX US100-USD | +0.0002% | 1h | 30,513 | −0.003% | $1.3M | $1.3M | 30x | as long as short |
| Lighter US100 | +0.0032% | 1h | 30,511 | −0.010% | $3.9M | $99.2M | 30x | as long as short |
| Extended TECH100m-USD | +0.0032% | 1h | 30,515.9 | +0.006% | $2.0M | $5.8M | 20x | as long as short |
Orderly PERP_NAS100_USDC
Gate NAS100_USDT
MEXC NAS100_USDT
OKX US100-USDT-SWAP
Bitget NDX100USDT
QFEX US100-USD
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-PERP | +0.0046% | 1h | 30,806.6 | +0.959% | — | $202.9M | 50x | as long as short |
| Paradex US100-USD-PERP | +0.0050% | 8h | 30,509.9 | −0.014% | — | — | 5x | as long as short |
| Polymarket Perps NAS100-USD | +0.0050% | 1h | 30,514 | 0.000% | $7.2M | $1.9M | 50x | as long as short |
| Ondo Perps US100-USD.P | +0.0122% | 1h | 30,528.3 | +0.047% | $6.0M | $8.4M | 25x | as long as short |
| Kraken Futures PF_US100USD | +0.2683% | 1h | 30,540 | +0.085% | $137K | $137K | 20x | as long as short |
Vest NDX-USD-PERP
Paradex US100-USD-PERP
Polymarket Perps NAS100-USD
Ondo Perps US100-USD.P
Kraken Futures PF_US100USD