Funding you earn now, next payment 06:00 UTC+0.0257%/8h= +28.2% APRpaid last 24h +0.043%
Price spread now: Lighter against Orderly+0.021%7-day average +0.210% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.293%−$29 on $10k
+Price spread, last 4 days (all we have)+0.199%+$20 · spread now +0.021%, 7d avg +0.210%
=Together, before fees−0.093%+ Points / potential airdropLighter: Season 3 · farm board−$9 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.189% cheaper against Orderly than usual: you would sell low and buy high (spread +0.021% now, against its 7-day average of +0.210%). If the spread goes back, that is −$19 on $10k: about 2.5 days of funding at the current rate (+$8 a day). Mind the row above: over the last 7 days funding on this pair cost −0.293%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_NAS100_USDC | 30,494.7 | −0.0225 | get 0.0225% / 8h | 2h 45m | $102K | $38K | 20x |
| Short | Lighter US100 | 30,501 | 0.0032 | get 0.0004% / 1h | 45m 52s | $3.8M | $95.4M | 30x |
Orderly PERP_NAS100_USDC
Lighter US100Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- $54.06
- Price spread: +0.021% → +0.210%
- −$18.92
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $29.13
- Costs to cover
- 0.060%
- Break-even
- 3.2 days
Slippage unknown: Orderly: no order-book sample; Lighter: live order book, 8 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 Lighter live order book, 8 min ago | 0.49 bp | 0.5 bp $0 | 0.8 bp −$8 | 4.3 bp −$433 | 215.4 bp −$107.7K |
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 | −0.0225% | 8h | 30,494.7 | long leg | $102K | $38K | 20x | |
| Gate NAS100_USDT | −0.0200% | 8h | 30,488.5 | −0.020% | $1.9M | $3.6M | 100x | as long as short |
| MEXC NAS100_USDT | −0.0064% | 8h | 30,508 | +0.044% | $26.4M | $20.1M | 200x | as long as short |
| OKX US100-USDT-SWAP | 0.0000% | 8h | 30,488 | −0.022% | $262K | $374K | 20x | as long as short |
| Bitget NDX100USDT | 0.0000% | 8h | 30,527 | +0.106% | $3.5M | $635K | 50x | as long as short |
| Bullet US100-USD | 0.0000% | 1h | 30,506.2 | +0.038% | $3K | $90K | 10x | as long as short |
| Phemex NAS100USDT | 0.0000% | 4h | 30,484.9 | −0.032% | $1.4M | $191K | 10x | as long as short |
| QFEX US100-USD | +0.0002% | 1h | 30,506 | +0.037% | $1.3M | $1.3M | 30x | as long as short |
| Lighter US100short | +0.0032% | 1h | 30,501 | +0.021% | $3.8M | $95.4M | 30x | |
| Extended TECH100m-USD | +0.0032% | 1h | 30,509.2 | +0.048% | $2.0M | $5.8M | 20x | as long as short |
Gate NAS100_USDT
MEXC NAS100_USDT
OKX US100-USDT-SWAP
Bitget NDX100USDT
Bullet US100-USD
Phemex NAS100USDT
QFEX US100-USD
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 | 30,799.4 | +0.999% | — | $203.0M | 50x | as long as short |
| Paradex US100-USD-PERP | +0.0050% | 8h | 30,501.9 | +0.023% | — | — | 5x | as long as short |
| Polymarket Perps NAS100-USD | +0.0050% | 1h | 30,507 | +0.040% | $7.2M | $1.9M | 50x | as long as short |
| Ondo Perps US100-USD.P | +0.0099% | 1h | 30,516.5 | +0.071% | $6.0M | $8.4M | 25x | as long as short |
| Kraken Futures PF_US100USD | +0.1693% | 1h | 30,533.9 | +0.129% | $137K | $137K | 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