Funding you earn now, next payment 06:00 UTC+0.0250%/8h= +27.4% APRpaid last 24h +0.064%
Price spread now: Polymarket Perps against Gate+0.091%48s7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$490.495% of the position
Funding, last 7 days+0.287%+$29 on $10k
+Price spread, last 7 days−0.196%−$20 · spread now +0.091%, 7d avg −0.005%
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Polymarket Perps is 0.096% dearer against Gate than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.005%. The two prices were read 48 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 | Gate NAS100_USDT | 30,456.2 | −0.0200 | get 0.0200% / 8h | 2h 25m | $1.9M | $3.6M | 100x |
| Short | Polymarket Perps NAS100-USD | 30,484 | 0.0050 | get 0.0006% / 1h | 25m 41s | $7.2M | $1.9M | 50x |
Gate NAS100_USDT
Polymarket Perps NAS100-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Gate. 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
- $52.5
- Price spread: +0.091% → −0.005%
- $9.64
- Slippage, 4 orders
- −$26.47
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- $12.67
- Costs to cover
- 0.495%
- Break-even
- 5.3 days
Slippage from Gate: live order book, 2 min ago; Polymarket Perps: live order book, 3 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 Gate live order book, 2 min ago | 2.10 bp | 16.0 bp −$16 | 49.5 bp −$495 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 3 min ago | 0.16 bp | 4.8 bp −$5 | 5.4 bp −$54 | 6.2 bp −$620 | 11.7 bp −$5,829 |
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 | −0.0245% | 8h | 30,471.1 | +0.049% | $101K | $38K | 20x | as long as short |
| Gate NAS100_USDTlong | −0.0200% | 8h | 30,456.2 | long leg | $1.9M | $3.6M | 100x | |
| MEXC NAS100_USDT | −0.0068% | 8h | 30,486 | +0.098% | $26.0M | $20.2M | 200x | as long as short |
| OKX US100-USDT-SWAP | 0.0000% | 8h | 30,455 | −0.004% | $262K | $373K | 20x | as long as short |
| Bitget NDX100USDT | 0.0000% | 8h | 30,513 | +0.187% | $3.5M | $636K | 50x | as long as short |
| Bullet US100-USD | 0.0000% | 1h | 30,481.8 | +0.084% | $3K | $90K | 10x | as long as short |
| Phemex NAS100USDT | 0.0000% | 4h | 30,455.6 | −0.002% | $1.4M | $189K | 10x | as long as short |
| QFEX US100-USD | +0.0002% | 1h | 30,486 | +0.098% | $1.3M | $1.3M | 30x | as long as short |
| Lighter US100 | +0.0032% | 1h | 30,482 | +0.085% | $3.8M | $97.1M | 30x | as long as short |
| Extended TECH100m-USD | +0.0032% | 1h | 30,491.1 | +0.115% | $2.0M | $5.9M | 20x | as long as short |
Orderly PERP_NAS100_USDC
MEXC NAS100_USDT
OKX US100-USDT-SWAP
Bitget NDX100USDT
Bullet US100-USD
Phemex NAS100USDT
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 | 30,777.8 | +1.056% | — | $203.1M | 50x | as long as short |
| Paradex US100-USD-PERP | +0.0050% | 8h | 30,481.9 | +0.084% | — | — | 5x | as long as short |
| Polymarket Perps NAS100-USDshort | +0.0050% | 1h | 30,484 | +0.091% | $7.2M | $1.9M | 50x | |
| Ondo Perps US100-USD.P | +0.0102% | 1h | 30,493.8 | +0.124% | $5.9M | $8.4M | 25x | as long as short |
| Kraken Futures PF_US100USD | +0.1694% | 1h | 30,511 | +0.180% | $137K | $137K | 20x | as long as short |
Vest NDX-USD-PERP
Paradex US100-USD-PERP
Ondo Perps US100-USD.P
Kraken Futures PF_US100USD