Spread before costs (cost unknown: a leg has no order-book sample)−0.718%
7d average−0.183%if it closes, per $10,000$72funding while held, a day−$2.16
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps US100-USD.P | 30,378.1 | 0.0072 | pay 0.0009% / 1h | 10m 13s | $6.0M | $7.9M | 25x |
| Short | Phemex NAS100USDT | 30,160 | 0 | get 0.0000% / 4h | 3h 10m | $1.4M | $164K | 10x |
Price 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
- −$71.79
- Funding while held
- −$2.16
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$90.95
- Spread needed to break even
- 0.170%
Slippage unknown: Ondo Perps: no order-book sample; Phemex: live order book, 4 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0072%
- Per $10,000 a day
- −$2.16
- 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Phemex live order book, 4 min ago | 1.45 bp | 13.9 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
Ondo Perps: 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.NAS100 on 15 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phemex NAS100USDTshort | −0.718% | 0.0000% | 4h | $1.4M | $164K | 10x | |
| Gate NAS100_USDT | −0.178% | −0.0200% | 8h | $1.8M | $3.5M | 100x | as long as short |
| OKX US100-USDT-SWAP | −0.050% | 0.0000% | 8h | $138K | $169K | 20x | as long as short |
| Orderly PERP_NAS100_USDC | −0.034% | −0.0134% | 8h | $103K | $36K | 20x | as long as short |
| Paradex US100-USD-PERP | −0.026% | +0.0050% | 8h | — | — | 5x | as long as short |
| Lighter US100 | −0.013% | +0.0032% | 1h | $5.0M | $77.3M | 30x | as long as short |
| QFEX US100-USD | −0.010% | +0.0001% | 1h | $1.4M | $927K | 30x | as long as short |
| MEXC NAS100_USDT | −0.010% | −0.0079% | 8h | $20.2M | $16.3M | 200x | as long as short |
| Polymarket Perps NAS100-USD | −0.007% | +0.0050% | 1h | $6.1M | $850K | 50x | as long as short |
| Bullet US100-USD | −0.003% | 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.Plong | 0.000% | +0.0072% | 1h | $6.0M | $7.9M | 25x | |
| Extended TECH100m-USD | +0.002% | +0.0032% | 1h | $2.6M | $4.3M | 20x | as long as short |
| Bitget NDX100USDT | +0.016% | 0.0000% | 8h | $3.5M | $592K | 50x | as long as short |
| Kraken Futures PF_US100USD | +0.291% | −0.0742% | 1h | $119K | $120K | 20x | as long as short |
| Vest NDX-USD-PERP | +0.952% | +0.0046% | 1h | — | $137.5M | 50x | as long as short |
Phemex NAS100USDT
Gate
OKX
Paradex
Lighter
MEXC
Polymarket Perps
Bullet
Extended
Bitget
Kraken Futures