Funding you earn now, next payment 02:00 UTC+0.0247%/8h= +27.0% APRpaid last 24h +0.043%
Price spread now: Extended against Orderly+0.045%7-day average +0.226% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.026%−$3 on $10k
+Price spread, last 3 days (all we have)+0.295%+$30 · spread now +0.045%, 7d avg +0.226%
=Together, before fees+0.269%+ Points / potential airdropExtended: Active · farm board+$27 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.181% cheaper against Orderly than usual: you would sell low and buy high (spread +0.045% now, against its 7-day average of +0.226%). If the spread goes back, that is −$18 on $10k: about 2.4 days of funding at the current rate (+$7 a day).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.026% in total (about -1.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_NAS100_USDC | 30,556.5 | −0.0215 | get 0.0215% / 8h | 6h 36m | $102K | $38K | 20x |
| Short | Extended TECH100m-USD | 30,570.1 | 0.0032 | get 0.0004% / 1h | 36m 39s | $2.2M | $5.6M | 20x |
Orderly PERP_NAS100_USDC
Extended TECH100m-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Orderly. 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
- $51.87
- Price spread: +0.045% → +0.226%
- −$18.12
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $22.75
- Costs to cover
- 0.110%
- Break-even
- 3.9 days
Slippage unknown: Orderly: no order-book sample; Extended: live order book, 2 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Extended live order book, 2 min ago | 1.14 bp | 3.9 bp −$4 | 7.7 bp −$77 | doesn't fit | doesn't fit |
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 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_USDClong | −0.0215% | 8h | 30,556.5 | long leg | $102K | $38K | 20x | |
| Gate NAS100_USDT | −0.0200% | 8h | 30,546.7 | −0.032% | $1.8M | $3.7M | 100x | as long as short |
| MEXC NAS100_USDT | −0.0091% | 8h | 30,569 | +0.041% | $23.8M | $19.7M | 200x | as long as short |
| OKX US100-USDT-SWAP | 0.0000% | 8h | 30,539 | −0.057% | $261K | $353K | 20x | as long as short |
| Bitget NDX100USDT | 0.0000% | 8h | 30,547 | −0.031% | $3.5M | $620K | 50x | as long as short |
| Bullet US100-USD | 0.0000% | 1h | 30,570 | +0.044% | $3K | $89K | 10x | as long as short |
| Phemex NAS100USDT | 0.0000% | 4h | 30,460.7 | −0.314% | $1.4M | $172K | 10x | as long as short |
| QFEX US100-USD | +0.0001% | 1h | 30,568 | +0.038% | $1.4M | $1.1M | 30x | as long as short |
| Lighter US100 | +0.0032% | 1h | 30,563 | +0.021% | $3.9M | $93.3M | 30x | as long as short |
| Extended TECH100m-USDshort | +0.0032% | 1h | 30,570.1 | +0.045% | $2.2M | $5.6M | 20x |
Gate NAS100_USDT
MEXC NAS100_USDT
OKX US100-USDT-SWAP
Bitget NDX100USDT
Bullet US100-USD
Phemex NAS100USDT
QFEX US100-USD
Lighter US100Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest NDX-USD-PERP | +0.0046% | 1h | 30,854.9 | +0.976% | — | $192.5M | 50x | as long as short |
| Paradex US100-USD-PERP | +0.0050% | 8h | 30,561.9 | +0.018% | — | — | 5x | as long as short |
| Polymarket Perps NAS100-USD | +0.0050% | 1h | 30,568 | +0.038% | $7.2M | $1.9M | 50x | as long as short |
| Ondo Perps US100-USD.P | +0.0216% | 1h | 30,589.4 | +0.108% | $6.0M | $8.6M | 25x | as long as short |
| Kraken Futures PF_US100USD | +0.2428% | 1h | 30,651.6 | +0.311% | $128K | $125K | 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