After costs, if the gap returns to its 7d average, $10k−$37
spread now+0.407%7d average+0.146%fees + slippage, in and out−$63spread needed0.633%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex NAS100USDT | 30,170.3 | 0 | get 0.0000% / 4h | 22m 17s | $1.4M | $160K | 10x |
| Short | Polymarket Perps NAS100-USD | 30,293 | 0.0050 | get 0.0006% / 1h | 22m 17s | $6.0M | $898K | 50x |
Price 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
- $40.67
- Funding while held
- $1.5
- Slippage, 4 orders
- −$43.32
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$21.15
- Spread needed to break even
- 0.633%
Slippage from Phemex: live order book, 2 min ago; Polymarket Perps: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0050%
- Per $10,000 a day
- +$1.50
- 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, 2 min ago | 2.40 bp | 40.1 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 3 min ago | 0.82 bp | 4.8 bp −$5 | 4.8 bp −$48 | 5.7 bp −$570 | 12.0 bp −$6,001 |
NAS100 price on every exchange
against the cheapest. Click to use as the short leg.NAS100 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 | $160K | 10x | |
| Gate NAS100_USDT | +0.225% | −0.0200% | 8h | $2.0M | $3.4M | 100x | as long as short |
| Kraken Futures PF_US100USD | +0.230% | +0.0591% | 1h | $119K | $120K | 20x | as long as short |
| OKX US100-USDT-SWAP | +0.367% | 0.0000% | 8h | $129K | $154K | 20x | as long as short |
| Orderly PERP_NAS100_USDC | +0.368% | −0.0095% | 8h | $103K | $6K | 20x | as long as short |
| Paradex US100-USD-PERP | +0.391% | +0.0050% | 8h | — | — | 5x | as long as short |
| Lighter US100 | +0.403% | +0.0032% | 1h | $5.2M | $69.2M | 30x | as long as short |
| QFEX US100-USD | +0.403% | +0.0002% | 1h | $1.4M | $903K | 30x | as long as short |
| Polymarket Perps NAS100-USDshort | +0.407% | +0.0050% | 1h | $6.0M | $898K | 50x | |
| Bullet US100-USD | +0.407% | 0.0000% | 1h | $2K | $91K | 10x | as long as short |
Show all 15 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| MEXC NAS100_USDT | +0.410% | −0.0092% | 8h | $22.0M | $13.3M | 200x | as long as short |
| Extended TECH100m-USD | +0.421% | +0.0032% | 1h | $2.6M | $4.1M | 20x | as long as short |
| Ondo Perps US100-USD.P | +0.426% | +0.0050% | 1h | $6.0M | $6.8M | 25x | as long as short |
| Bitget NDX100USDT | +0.437% | 0.0000% | 8h | $3.5M | $583K | 50x | as long as short |
| Vest NDX-USD-PERP | +1.378% | +0.0046% | 1h | — | $114.9M | 50x | as long as short |
Phemex NAS100USDT
Polymarket Perps NAS100-USD
Gate
Kraken Futures
OKX
Paradex
Lighter
Bullet
MEXC
Extended
Bitget