After costs, if the gap returns to its 7d average, $10k−$155
spread now−0.708%7d average−0.145%fees + slippage, in and out−$99spread needed0.992%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX US100-USD | 30,375 | 0.0001 | pay 0.0000% / 1h | 9m 15s | $1.4M | $927K | 30x |
| Short | Phemex NAS100USDT | 30,160 | 0 | get 0.0000% / 4h | 3h 09m | $1.4M | $164K | 10x |
QFEX US100-USD
Phemex NAS100USDTPrice 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
- −$70.79
- Funding while held
- −$0.03
- Slippage, 4 orders
- −$77.24
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$170.06
- Spread needed to break even
- 0.992%
Slippage from QFEX: live order book, 4 min ago; Phemex: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0001%
- Per $10,000 a day
- −$0.03
- 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 QFEX live order book, 4 min ago | 1.48 bp | 6.5 bp −$6 | 6.5 bp −$65 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 5 min ago | 1.45 bp | 13.9 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
NAS100 price on every exchange
against the cheapest. Click to use as the short leg.Phemex30,160cheapest
Gate30,328.8+0.560%OKX30,363+0.673%Paradex30,372.1+0.703%Orderly30,372.7+0.705%Lighter30,375+0.713%
Gate
OKX
Paradex
Orderly
LighterQFEX30,375+0.713%
MEXC30,380+0.729%Polymarket Perps30,381+0.733%Ondo Perps30,381.3+0.734%Bullet30,382.2+0.737%Extended30,382.9+0.739%Bitget30,387+0.753%Kraken Futures30,467.4+1.019%Vest30,673.3+1.702%
MEXC
Polymarket Perps
Ondo Perps
Bullet
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 NAS100USDTshort | −0.708% | 0.0000% | 4h | $1.4M | $164K | 10x | |
| Gate NAS100_USDT | −0.152% | −0.0200% | 8h | $1.8M | $3.5M | 100x | as long as short |
| OKX US100-USDT-SWAP | −0.040% | 0.0000% | 8h | $138K | $169K | 20x | as long as short |
| Paradex US100-USD-PERP | −0.009% | +0.0050% | 8h | — | — | 5x | as long as short |
| Orderly PERP_NAS100_USDC | −0.008% | −0.0135% | 8h | $103K | $36K | 20x | as long as short |
| Lighter US100 | 0.000% | +0.0032% | 1h | $5.0M | $77.3M | 30x | as long as short |
| QFEX US100-USDlong | 0.000% | +0.0001% | 1h | $1.4M | $927K | 30x | |
| MEXC NAS100_USDT | +0.016% | −0.0082% | 8h | $20.2M | $16.3M | 200x | as long as short |
| Polymarket Perps NAS100-USD | +0.020% | +0.0050% | 1h | $6.1M | $850K | 50x | as long as short |
| Ondo Perps US100-USD.P | +0.021% | +0.0071% | 1h | $6.0M | $7.9M | 25x | as long as short |
Show all 15 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bullet US100-USD | +0.024% | 0.0000% | 1h | $3K | $91K | 10x | as long as short |
| Extended TECH100m-USD | +0.026% | +0.0032% | 1h | $2.6M | $4.3M | 20x | as long as short |
| Bitget NDX100USDT | +0.040% | 0.0000% | 8h | $3.5M | $592K | 50x | as long as short |
| Kraken Futures PF_US100USD | +0.304% | −0.0742% | 1h | $119K | $120K | 20x | as long as short |
| Vest NDX-USD-PERP | +0.982% | +0.0046% | 1h | — | $137.5M | 50x | as long as short |