Spread before costs (cost unknown: a leg has no order-book sample)−0.325%
7d average−0.281%if it closes, per $10,000$32funding while held, a day+$18.23
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_US100USD | 30,466.6 | −0.0742 | get 0.0093% / 1h | 9m 59s | $119K | $120K | 20x |
| Short | Orderly PERP_NAS100_USDC | 30,367.7 | −0.0134 | pay 0.0134% / 8h | 7h 09m | $103K | $36K | 20x |
Kraken Futures PF_US100USD
Orderly PERP_NAS100_USDCPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$32.46
- Funding while held
- $18.23
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$30.23
- Spread needed to break even
- 0.160%
Slippage unknown: Kraken Futures: live order book, 60 min ago; Orderly: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0608%
- Per $10,000 a day
- +$18.23
- Average in range /8h
- —
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 Kraken Futures live order book, 60 min ago | 16.03 bp | 53.8 bp −$54 | 88.4 bp −$884 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 price on every exchange
against the cheapest. Click to use as the short leg.Phemex30,160cheapestGate30,325.1+0.547%OKX30,363+0.673%
Phemex
Gate
OKXOrderly30,367.7+0.689%
Paradex30,370.1+0.697%Lighter30,374+0.710%QFEX30,375+0.713%MEXC30,375+0.713%Polymarket Perps30,376+0.716%Bullet30,377+0.720%Ondo Perps30,378.1+0.723%Extended30,378.8+0.725%Bitget30,383+0.739%
Paradex
Lighter
QFEX
MEXC
Polymarket Perps
Bullet
Ondo Perps
Extended
BitgetKraken Futures30,466.6+1.017%
Vest30,667.3+1.682%
VestNAS100 on 15 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phemex NAS100USDT | −1.006% | 0.0000% | 4h | $1.4M | $164K | 10x | as long as short |
| Gate NAS100_USDT | −0.465% | −0.0200% | 8h | $1.8M | $3.5M | 100x | as long as short |
| OKX US100-USDT-SWAP | −0.340% | 0.0000% | 8h | $138K | $169K | 20x | as long as short |
| Orderly PERP_NAS100_USDCshort | −0.325% | −0.0134% | 8h | $103K | $36K | 20x | |
| Paradex US100-USD-PERP | −0.317% | +0.0050% | 8h | — | — | 5x | as long as short |
| Lighter US100 | −0.304% | +0.0032% | 1h | $5.0M | $77.3M | 30x | as long as short |
| QFEX US100-USD | −0.301% | +0.0001% | 1h | $1.4M | $927K | 30x | as long as short |
| MEXC NAS100_USDT | −0.301% | −0.0079% | 8h | $20.2M | $16.3M | 200x | as long as short |
| Polymarket Perps NAS100-USD | −0.297% | +0.0050% | 1h | $6.1M | $850K | 50x | as long as short |
| Bullet US100-USD | −0.294% | 0.0000% | 1h | $3K | $91K | 10x | as long as short |
Show all 15 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Ondo Perps US100-USD.P | −0.291% | +0.0072% | 1h | $6.0M | $7.9M | 25x | as long as short |
| Extended TECH100m-USD | −0.288% | +0.0032% | 1h | $2.6M | $4.3M | 20x | as long as short |
| Bitget NDX100USDT | −0.274% | 0.0000% | 8h | $3.5M | $592K | 50x | as long as short |
| Kraken Futures PF_US100USDlong | 0.000% | −0.0742% | 1h | $119K | $120K | 20x | |
| Vest NDX-USD-PERP | +0.659% | +0.0046% | 1h | — | $137.5M | 50x | as long as short |