Funding you earn now, next payment 06:00 UTC+0.0309%/8h= +33.8% APRpaid last 24h +0.047%
Price spread now: Vest against Orderly+0.982%52s7-day average +1.271% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.010%+$1 on $10k
+Price spread, last 4 days (all we have)+0.233%+$23 · spread now +0.982%, 7d avg +1.271%
=Together, before fees+0.243%+ Points / potential airdropVest: Active · farm board+$24 on $10k · with fees, hour by hour
Funding pays, the price is against you. Vest is 0.289% cheaper against Orderly than usual: you would sell low and buy high (spread +0.982% now, against its 7-day average of +1.271%). If the spread goes back, that is −$29 on $10k: about 3.1 days of funding at the current rate (+$9 a day). At the pace of the last 3 days (+0.010% in total) that is about 3 months. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.010% in total (about 1.0% 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 | 30,522.2 | −0.0263 | get 0.0263% / 8h | 2h 08m | $102K | $38K | 20x |
| Short | Vest NDX-USD-PERP | 30,822 | 0.0046 | get 0.0006% / 1h | 8m 31s | — | $203.1M | 50x |
Orderly PERP_NAS100_USDC
Vest NDX-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Vest 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
- $64.88
- Price spread: +0.982% → +1.271%
- −$28.89
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- $27.99
- Costs to cover
- 0.080%
- Break-even
- 4.0 days
Slippage unknown: Orderly: no order-book sample; Vest: no order-book sample. 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 Vest no order-book sample | — | — | — | — | — |
Orderly and Vest: 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 | −0.0263% | 8h | 30,522.2 | long leg | $102K | $38K | 20x | |
| Gate NAS100_USDT | −0.0200% | 8h | 30,461.4 | −0.199% | $1.9M | $3.6M | 100x | as long as short |
| MEXC NAS100_USDT | −0.0068% | 8h | 30,532 | +0.032% | $23.8M | $20.6M | 200x | as long as short |
| OKX US100-USDT-SWAP | 0.0000% | 8h | 30,463 | −0.194% | $262K | $372K | 20x | as long as short |
| Bitget NDX100USDT | 0.0000% | 8h | 30,515 | −0.024% | $3.5M | $636K | 50x | as long as short |
| Bullet US100-USD | 0.0000% | 1h | 30,529 | +0.022% | $3K | $90K | 10x | as long as short |
| Phemex NAS100USDT | 0.0000% | 4h | 30,443.6 | −0.258% | $1.4M | $192K | 10x | as long as short |
| QFEX US100-USD | +0.0002% | 1h | 30,530 | +0.026% | $1.3M | $1.3M | 30x | as long as short |
| Lighter US100 | +0.0032% | 1h | 30,526 | +0.012% | $4.0M | $98.1M | 30x | as long as short |
| Extended TECH100m-USD | +0.0032% | 1h | 30,531.3 | +0.030% | $2.0M | $5.9M | 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
Lighter US100
Extended TECH100m-USDShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest NDX-USD-PERPshort | +0.0046% | 1h | 30,822 | +0.982% | — | $203.1M | 50x | |
| Paradex US100-USD-PERP | +0.0050% | 8h | 30,523.9 | +0.005% | — | — | 5x | as long as short |
| Polymarket Perps NAS100-USD | +0.0050% | 1h | 30,531 | +0.029% | $7.2M | $1.9M | 50x | as long as short |
| Ondo Perps US100-USD.P | +0.0098% | 1h | 30,537.9 | +0.051% | $6.1M | $8.6M | 25x | as long as short |
| Kraken Futures PF_US100USD | +0.1694% | 1h | 30,511.9 | −0.034% | $137K | $137K | 20x | as long as short |
Paradex US100-USD-PERP
Polymarket Perps NAS100-USD
Ondo Perps US100-USD.P
Kraken Futures PF_US100USD