Funding you earn now, next payment 06:00 UTC−0.0250%/8h= −27.4% APRpaid last 24h −0.064%
Price spread now: Gate against Polymarket Perps−0.081%7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$490.495% of the position
Funding, last 7 days−0.287%−$29 on $10k
+Price spread, last 7 days+0.186%+$19 · spread now −0.081%, 7d avg +0.005%
=Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Gate is 0.086% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.005%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps NAS100-USD | 30,481 | 0.0050 | pay 0.0006% / 1h | 26m 36s | $7.2M | $1.9M | 50x |
| Short | Gate NAS100_USDT | 30,456.2 | −0.0200 | pay 0.0200% / 8h | 2h 26m | $1.9M | $3.6M | 100x |
Polymarket Perps NAS100-USD
Gate NAS100_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Polymarket Perps. 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
- −$52.5
- Price spread: −0.081% → +0.005%
- −$8.64
- Slippage, 4 orders
- −$26.47
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$110.61
- Costs to cover
- 0.495%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 2 min ago; Gate: live order book, 1 min ago.
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 Polymarket Perps live order book, 2 min ago | 0.16 bp | 4.6 bp −$5 | 5.1 bp −$51 | 6.0 bp −$597 | 11.8 bp −$5,921 |
| Sell Gate live order book, 1 min ago | 2.10 bp | 24.0 bp −$24 | 55.1 bp −$551 | doesn't fit | doesn't fit |
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 | −0.0244% | 8h | 30,468.3 | −0.042% | $101K | $38K | 20x | as long as short |
| Gate NAS100_USDTshort | −0.0200% | 8h | 30,456.2 | −0.081% | $1.9M | $3.6M | 100x | |
| MEXC NAS100_USDT | −0.0064% | 8h | 30,479 | −0.007% | $26.0M | $20.2M | 200x | as long as short |
| OKX US100-USDT-SWAP | 0.0000% | 8h | 30,488 | +0.023% | $262K | $373K | 20x | as long as short |
| Bitget NDX100USDT | 0.0000% | 8h | 30,513 | +0.105% | $3.5M | $636K | 50x | as long as short |
| Bullet US100-USD | 0.0000% | 1h | 30,478 | −0.010% | $3K | $90K | 10x | as long as short |
| Phemex NAS100USDT | 0.0000% | 4h | 30,456.2 | −0.081% | $1.4M | $189K | 10x | as long as short |
| QFEX US100-USD | +0.0002% | 1h | 30,479 | −0.007% | $1.3M | $1.3M | 30x | as long as short |
| Lighter US100 | +0.0032% | 1h | 30,476 | −0.016% | $3.9M | $97.1M | 30x | as long as short |
| Extended TECH100m-USD | +0.0032% | 1h | 30,483.1 | +0.007% | $2.0M | $5.9M | 20x | as long as short |
Orderly PERP_NAS100_USDC
MEXC NAS100_USDT
OKX US100-USDT-SWAP
Bitget NDX100USDT
Bullet US100-USD
Phemex NAS100USDT
QFEX US100-USD
Lighter US100
Extended TECH100m-USDShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest NDX-USD-PERP | +0.0046% | 1h | 30,773.6 | +0.960% | — | $203.1M | 50x | as long as short |
| Paradex US100-USD-PERP | +0.0050% | 8h | 30,475.9 | −0.017% | — | — | 5x | as long as short |
| Polymarket Perps NAS100-USDlong | +0.0050% | 1h | 30,481 | long leg | $7.2M | $1.9M | 50x | |
| Ondo Perps US100-USD.P | +0.0102% | 1h | 30,493.8 | +0.042% | $5.9M | $8.4M | 25x | as long as short |
| Kraken Futures PF_US100USD | +0.1694% | 1h | 30,510.1 | +0.095% | $137K | $137K | 20x | as long as short |
Vest NDX-USD-PERP
Paradex US100-USD-PERP
Ondo Perps US100-USD.P
Kraken Futures PF_US100USD