Funding you earn now, next payment 05:00 UTC−0.0046%/8h= −5.0% APRnext payment −$0.06 per $10,000 · paid last 24h −0.014%
Price spread now: Bullet against Vest−0.940%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bullet is 0.940% cheaper against Vest than usual: you would sell low and buy high (−$94 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest NDX-USD-PERP | 30,825 | 0.0046 | pay 0.0006% / 1h | 38m 46s | — | $202.8M | 50x |
| Short | Bullet US100-USD | 30,535.1 | 0 | get 0.0000% / 1h | 38m 46s | $4K | $90K | 10x |
Vest NDX-USD-PERP
Bullet US100-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bullet against Vest. 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
- −$9.59
- Price spread: −0.940% → 0.000%
- −$94.04
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Bullet: 4 bp × 2 orders
- −$8
- Net
- −$113.63
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Vest: no order-book sample; Bullet: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Vest no order-book sample | — | — | — | — | — |
| Sell Bullet no order-book sample | — | — | — | — | — |
Vest and Bullet: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_NAS100_USDC | −0.0212% | 8h | 30,520.9 | −0.987% | $102K | $38K | 20x | as long as short |
| Gate NAS100_USDT | −0.0200% | 8h | 30,504.7 | −1.039% | $1.9M | $3.7M | 100x | as long as short |
| MEXC NAS100_USDT | −0.0073% | 8h | 30,534 | −0.944% | $26.2M | $19.8M | 200x | as long as short |
| OKX US100-USDT-SWAP | 0.0000% | 8h | 30,512 | −1.015% | $263K | $374K | 20x | as long as short |
| Bitget NDX100USDT | 0.0000% | 8h | 30,557 | −0.869% | $3.5M | $633K | 50x | as long as short |
| Bullet US100-USDshort | 0.0000% | 1h | 30,535.1 | −0.940% | $4K | $90K | 10x | |
| Phemex NAS100USDT | 0.0000% | 4h | 30,505.8 | −1.036% | $1.4M | $184K | 10x | as long as short |
| QFEX US100-USD | +0.0002% | 1h | 30,536 | −0.938% | $1.3M | $1.5M | 30x | as long as short |
| Lighter US100 | +0.0032% | 1h | 30,529 | −0.960% | $3.9M | $97.0M | 30x | as long as short |
| Extended TECH100m-USD | +0.0032% | 1h | 30,537 | −0.934% | $2.0M | $5.8M | 20x | as long as short |
Orderly PERP_NAS100_USDC
Gate NAS100_USDT
MEXC NAS100_USDT
OKX US100-USDT-SWAP
Bitget NDX100USDT
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-PERPlong | +0.0046% | 1h | 30,825 | long leg | — | $202.8M | 50x | |
| Paradex US100-USD-PERP | +0.0050% | 8h | 30,530.9 | −0.954% | — | — | 5x | as long as short |
| Polymarket Perps NAS100-USD | +0.0050% | 1h | 30,536 | −0.938% | $7.2M | $1.9M | 50x | as long as short |
| Ondo Perps US100-USD.P | +0.0113% | 1h | 30,557.8 | −0.867% | $6.0M | $8.4M | 25x | as long as short |
| Kraken Futures PF_US100USD | +0.2681% | 1h | 30,567.8 | −0.834% | $137K | $136K | 20x | as long as short |
Paradex US100-USD-PERP
Polymarket Perps NAS100-USD
Ondo Perps US100-USD.P
Kraken Futures PF_US100USD