Funding you earn now, next payment 04:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h —
Price spread now: Bullet against Paradex+0.020%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Bullet is 0.020% dearer against Paradex than usual: you sell high and buy low (spread +0.020% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 32 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex US100-USD-PERP | 30,571.9 | 0.0050 | pay 0.0050% / 8h | 4h 08m | — | — | 5x |
| Short | Bullet US100-USD | 30,578 | 0 | get 0.0000% / 1h | 8m 08s | $2K | $89K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bullet against Paradex. 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
- −$10.5
- Price spread: +0.020% → 0.000%
- $2.01
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Bullet: 4 bp × 2 orders
- −$8
- Net
- −$20.49
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Paradex: no order-book sample; Bullet: 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Bullet no order-book sample | — | — | — | — | — |
Paradex and Bullet: 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_USDC | −0.0212% | 8h | 30,567.2 | −0.015% | $102K | $38K | 20x | as long as short |
| Gate NAS100_USDT | −0.0200% | 8h | 30,544.7 | −0.089% | $1.9M | $3.7M | 100x | as long as short |
| MEXC NAS100_USDT | −0.0108% | 8h | 30,579 | +0.023% | $24.8M | $19.7M | 200x | as long as short |
| OKX US100-USDT-SWAP | 0.0000% | 8h | 30,550 | −0.071% | $263K | $380K | 20x | as long as short |
| Bitget NDX100USDT | 0.0000% | 8h | 30,557 | −0.049% | $3.5M | $633K | 50x | as long as short |
| Bullet US100-USDshort | 0.0000% | 1h | 30,578 | +0.020% | $2K | $89K | 10x | |
| Phemex NAS100USDT | 0.0000% | 4h | 30,538.8 | −0.108% | $1.4M | $183K | 10x | as long as short |
| QFEX US100-USD | +0.0001% | 1h | 30,577 | +0.017% | $1.3M | $1.4M | 30x | as long as short |
| Lighter US100 | +0.0032% | 1h | 30,574 | +0.007% | $3.9M | $96.6M | 30x | as long as short |
| Extended TECH100m-USD | +0.0032% | 1h | 30,579.5 | +0.025% | $2.0M | $5.7M | 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 | 30,865.4 | +0.960% | — | $199.4M | 50x | as long as short |
| Paradex US100-USD-PERPlong | +0.0050% | 8h | 30,571.9 | long leg | — | — | 5x | |
| Polymarket Perps NAS100-USD | +0.0050% | 1h | 30,577 | +0.017% | $7.2M | $1.9M | 50x | as long as short |
| Ondo Perps US100-USD.P | +0.0118% | 1h | 30,595 | +0.076% | $6.0M | $8.5M | 25x | as long as short |
| Kraken Futures PF_US100USD | +0.2797% | 1h | 30,601.1 | +0.096% | $131K | $129K | 20x | as long as short |
Paradex US100-USD-PERP
Bullet US100-USD
Gate NAS100_USDT
MEXC NAS100_USDT
OKX US100-USDT-SWAP
Bitget NDX100USDT
Phemex NAS100USDT
Lighter US100
Extended TECH100m-USD
Polymarket Perps NAS100-USD
Kraken Futures PF_US100USD