Spread before costs (cost unknown: a leg has no order-book sample)+0.723%
7d average+0.183%if it closes, per $10,000$72funding while held, a day+$2.16
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex NAS100USDT | 30,160 | 0 | get 0.0000% / 4h | 3h 10m | $1.4M | $164K | 10x |
| Short | Ondo Perps US100-USD.P | 30,378.1 | 0.0072 | get 0.0009% / 1h | 10m 22s | $6.0M | $7.9M | 25x |
Phemex NAS100USDT
Ondo Perps US100-USD.PPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $72.3
- Funding while held
- $2.16
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- $57.46
- Spread needed to break even
- 0.170%
Slippage unknown: Phemex: live order book, 4 min ago; Ondo Perps: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0072%
- Per $10,000 a day
- +$2.16
- Average in range /8h
- —
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 Phemex live order book, 4 min ago | 1.45 bp | 71.7 bp −$72 | doesn't fit | doesn't fit | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: 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 price on every exchange
against the cheapest. Click to use as the short leg.Phemex30,160cheapest
Gate30,324.3+0.545%OKX30,363+0.673%Orderly30,368.3+0.691%Paradex30,370.1+0.697%Lighter30,374+0.710%QFEX30,375+0.713%MEXC30,375+0.713%Polymarket Perps30,376+0.716%Bullet30,377+0.720%
Gate
OKX
Orderly
Paradex
Lighter
QFEX
MEXC
Polymarket Perps
BulletOndo Perps30,378.1+0.723%
Extended30,378.9+0.726%Bitget30,382+0.736%Kraken Futures30,466.6+1.017%Vest30,667.3+1.682%
Extended
Bitget
Kraken Futures
VestNAS100 on 15 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phemex NAS100USDTlong | 0.000% | 0.0000% | 4h | $1.4M | $164K | 10x | |
| Gate NAS100_USDT | +0.545% | −0.0200% | 8h | $1.8M | $3.5M | 100x | as long as short |
| OKX US100-USDT-SWAP | +0.673% | 0.0000% | 8h | $138K | $169K | 20x | as long as short |
| Orderly PERP_NAS100_USDC | +0.691% | −0.0134% | 8h | $103K | $36K | 20x | as long as short |
| Paradex US100-USD-PERP | +0.697% | +0.0050% | 8h | — | — | 5x | as long as short |
| Lighter US100 | +0.710% | +0.0032% | 1h | $5.0M | $77.2M | 30x | as long as short |
| QFEX US100-USD | +0.713% | +0.0001% | 1h | $1.4M | $927K | 30x | as long as short |
| MEXC NAS100_USDT | +0.713% | −0.0079% | 8h | $20.2M | $16.3M | 200x | as long as short |
| Polymarket Perps NAS100-USD | +0.716% | +0.0050% | 1h | $6.1M | $850K | 50x | as long as short |
| Bullet US100-USD | +0.720% | 0.0000% | 1h | $3K | $91K | 10x | as long as short |
Show all 15 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Ondo Perps US100-USD.Pshort | +0.723% | +0.0072% | 1h | $6.0M | $7.9M | 25x | |
| Extended TECH100m-USD | +0.726% | +0.0032% | 1h | $2.6M | $4.3M | 20x | as long as short |
| Bitget NDX100USDT | +0.736% | 0.0000% | 8h | $3.5M | $592K | 50x | as long as short |
| Kraken Futures PF_US100USD | +1.017% | −0.0742% | 1h | $119K | $120K | 20x | as long as short |
| Vest NDX-USD-PERP | +1.682% | +0.0046% | 1h | — | $137.5M | 50x | as long as short |