Funding you earn now, next payment 08:00 UTC−0.0200%/8h= −21.9% APRnext payment −$2.00 per $10,000 · paid last 24h −0.049%
Price spread now: Gate against OKX+0.071%7-day average −0.101% · you sell dearer than you buy
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$530.529% of the position
Funding, last 7 days−0.236%−$24 on $10k
+Price spread, last 4 days (all we have)+0.060%+$6 · spread now +0.071%, 7d avg −0.101%
=The price spread pays, funding is against you. Gate is 0.172% dearer against OKX than usual: you sell high and buy low (spread +0.071% now, against its 7-day average of −0.101%): +$17 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 2.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX US100-USDT-SWAP | 30,548 | 0 | get 0.0000% / 8h | 5h 51m | $263K | $379K | 20x |
| Short | Gate NAS100_USDT | 30,569.8 | −0.0200 | pay 0.0200% / 8h | 5h 51m | $1.8M | $3.6M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against OKX. 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
- −$42
- Price spread: +0.071% → −0.101%
- $17.2
- Slippage, 4 orders
- −$27.89
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$77.68
- Costs to cover
- 0.529%
- Break-even
- never at this rate
Slippage from OKX: live order book, 9 min ago; Gate: live order book, 1 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 OKX live order book, 9 min ago | 1.64 bp | 7.2 bp −$7 | 16.8 bp −$168 | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 5.46 bp | 19.1 bp −$19 | 50.0 bp −$500 | doesn't fit | doesn't fit |
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 | −0.0214% | 8h | 30,569.9 | +0.072% | $102K | $38K | 20x | as long as short |
| Gate NAS100_USDTshort | −0.0200% | 8h | 30,569.8 | +0.071% | $1.8M | $3.6M | 100x | |
| MEXC NAS100_USDT | −0.0094% | 8h | 30,582 | +0.111% | $23.7M | $19.3M | 200x | as long as short |
| OKX US100-USDT-SWAPlong | 0.0000% | 8h | 30,548 | long leg | $263K | $379K | 20x | |
| Bitget NDX100USDT | 0.0000% | 8h | 30,548 | 0.000% | $3.5M | $620K | 50x | as long as short |
| Bullet US100-USD | 0.0000% | 1h | 30,582.6 | +0.113% | $3K | $89K | 10x | as long as short |
| Phemex NAS100USDT | 0.0000% | 4h | 30,536.4 | −0.038% | $1.4M | $178K | 10x | as long as short |
| QFEX US100-USD | +0.0004% | 1h | 30,581 | +0.108% | $1.4M | $1.1M | 30x | as long as short |
| Lighter US100 | +0.0032% | 1h | 30,575 | +0.088% | $3.9M | $93.8M | 30x | as long as short |
| Extended TECH100m-USD | +0.0032% | 1h | 30,579.8 | +0.104% | $2.2M | $5.4M | 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 | 30,866.9 | +1.044% | — | $193.6M | 50x | as long as short |
| Paradex US100-USD-PERP | +0.0050% | 8h | 30,575.9 | +0.091% | — | — | 5x | as long as short |
| Polymarket Perps NAS100-USD | +0.0050% | 1h | 30,580 | +0.105% | $7.2M | $1.9M | 50x | as long as short |
| Ondo Perps US100-USD.P | +0.0174% | 1h | 30,590.4 | +0.139% | $6.0M | $8.6M | 25x | as long as short |
| Kraken Futures PF_US100USD | +0.2811% | 1h | 30,644.1 | +0.315% | $131K | $127K | 20x | as long as short |
OKX US100-USDT-SWAP
Gate NAS100_USDT
MEXC NAS100_USDT
Bitget NDX100USDT
Bullet US100-USD
Phemex NAS100USDT
Lighter US100
Extended TECH100m-USD
Paradex US100-USD-PERP
Polymarket Perps NAS100-USD
Kraken Futures PF_US100USD