Settings8H · net · $10k
Funding arb · Price arb /

NAS100

RWAall NAS100 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h +0.014%
Price spread now: Vest against Phemex+1.155%7-day average +1.231% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.046%+$5 on $10k
Price spread, last 4 days (all we have)−0.115%−$12 · spread now +1.155%, 7d avg +1.231%
Together, before fees−0.070%+ Points / potential airdropVest: Active · farm board−$7 on $10k · with fees, hour by hour
Funding pays, the price is against you. Vest is 0.076% cheaper against Phemex than usual: you would sell low and buy high (spread +1.155% now, against its 7-day average of +1.231%). If the spread goes back, that is −$8 on $10k: about 5.6 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex NAS100USDT30,523.50get 0.0000% / 4h34m 08s$1.4M$184K10x
ShortVest NDX-USD-PERP30,875.90.0046get 0.0006% / 1h34m 08s$198.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against Phemex. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$9.59
Price spread: +1.155% → +1.231%
−$7.63
Slippage, 4 orders
no order book: not counted
Fee Phemex: 6 bp × 2 orders
−$12
Fee Vest: 1 bp × 2 orders
−$2
Net
−$12.03
Costs to cover
0.140%
Break-even
15.8 days
Slippage unknown: Phemex: live order book, 4 min ago; 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
LegHalf-spread$10k$100k$1M$5M
Buy Phemex live order book, 4 min ago10.21 bp27.6 bp −$28doesn't fitdoesn't fitdoesn't fit
Sell Vest no order-book sample
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_NAS100_USDC−0.0212%8h30,574.2+0.166%$102K$38K20xas long as short
Gate NAS100_USDT−0.0200%8h30,528.8+0.017%$1.9M$3.7M100xas long as short
MEXC NAS100_USDT−0.0100%8h30,587+0.208%$24.8M$19.7M200xas long as short
OKX US100-USDT-SWAP0.0000%8h30,555+0.103%$262K$381K20xas long as short
Bitget NDX100USDT0.0000%8h30,556+0.107%$3.5M$633K50xas long as short
Bullet US100-USD0.0000%1h30,587+0.208%$3K$89K10xas long as short
Phemex NAS100USDTlong0.0000%4h30,523.5long leg$1.4M$184K10x
QFEX US100-USD+0.0001%1h30,587+0.208%$1.3M$1.3M30xas long as short
Lighter US100+0.0032%1h30,582+0.192%$3.9M$95.4M30xas long as short
Extended TECH100m-USD+0.0032%1h30,587.3+0.209%$2.0M$5.7M20xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest NDX-USD-PERPshort+0.0046%1h30,875.9+1.155%$198.1M50x
Paradex US100-USD-PERP+0.0050%8h30,578.9+0.181%5xas long as short
Polymarket Perps NAS100-USD+0.0050%1h30,586+0.205%$7.2M$1.9M50xas long as short
Ondo Perps US100-USD.P+0.0129%1h30,604.2+0.265%$6.0M$8.5M25xas long as short
Kraken Futures PF_US100USD+0.2793%1h30,653.8+0.427%$131K$127K20xas long as short