Funding you earn now, next payment 01:00 UTC+0.2883%/8h= +315.7% APRpaid last 24h —
Price spread now: Kraken Futures against Paradex+0.173%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
=Both sides work for this trade now. Funding pays +$86 a day on $10k at the current rate, and Kraken Futures is 0.173% dearer against Paradex than usual: you sell high and buy low: +$17 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex US100-USD-PERP | 30,592.9 | 0.0050 | pay 0.0050% / 8h | 6h 59m | — | — | 5x |
| Short | Kraken Futures PF_US100USD | 30,645.8 | 0.2933 | get 0.0367% / 1h | 59m 54s | $127K | $125K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $605.37
- Price spread: +0.173% → 0.000%
- $17.3
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $608.67
- Costs to cover
- 0.140%
- Break-even
- from the start
Slippage unknown: Paradex: no order-book sample; Kraken Futures: live order book, 7 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 7 min ago | 5.06 bp | 30.3 bp −$30 | 82.5 bp −$825 | doesn't fit | doesn't fit |
Paradex: 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 | −0.0214% | 8h | 30,582.9 | −0.033% | $102K | $38K | 20x | as long as short |
| Gate NAS100_USDT | −0.0200% | 8h | 30,568 | −0.081% | $1.8M | $3.6M | 100x | as long as short |
| MEXC NAS100_USDT | −0.0098% | 8h | 30,598 | +0.017% | $22.6M | $19.7M | 200x | as long as short |
| OKX US100-USDT-SWAP | 0.0000% | 8h | 30,551 | −0.137% | $261K | $355K | 20x | as long as short |
| Bitget NDX100USDT | 0.0000% | 8h | 30,555 | −0.124% | $3.5M | $620K | 50x | as long as short |
| Bullet US100-USD | 0.0000% | 1h | 30,597 | +0.014% | $3K | $90K | 10x | as long as short |
| Phemex NAS100USDT | 0.0000% | 4h | 30,508.2 | −0.277% | $1.4M | $171K | 10x | as long as short |
| QFEX US100-USD | +0.0002% | 1h | 30,598 | +0.017% | $1.4M | $1.0M | 30x | as long as short |
| Lighter US100 | +0.0032% | 1h | 30,593 | 0.000% | $3.9M | $94.8M | 30x | as long as short |
| Extended TECH100m-USD | +0.0032% | 1h | 30,599.9 | +0.023% | $2.2M | $5.6M | 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 | 30,882.5 | +0.947% | — | $194.6M | 50x | as long as short |
| Paradex US100-USD-PERPlong | +0.0050% | 8h | 30,592.9 | long leg | — | — | 5x | |
| Polymarket Perps NAS100-USD | +0.0050% | 1h | 30,599 | +0.020% | $7.2M | $1.9M | 50x | as long as short |
| Ondo Perps US100-USD.P | +0.0178% | 1h | 30,618.2 | +0.083% | $6.0M | $8.7M | 25x | as long as short |
| Kraken Futures PF_US100USDshort | +0.2933% | 1h | 30,645.8 | +0.173% | $127K | $125K | 20x |
Paradex US100-USD-PERP
Kraken Futures PF_US100USD
Gate NAS100_USDT
MEXC NAS100_USDT
OKX US100-USDT-SWAP
Bitget NDX100USDT
Bullet US100-USD
Phemex NAS100USDT
Lighter US100
Extended TECH100m-USD
Polymarket Perps NAS100-USD