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

FET

all FET markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Aster+0.189%7-day average −0.032% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$720.717% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.012%−$1 on $10k
Price spread, last 4 days (all we have)−0.214%−$21 · spread now +0.189%, 7d avg −0.032%
Together, before fees−0.226%+ Points / potential airdropAster: Stage 5 · farm board−$23 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.221% dearer against Aster than usual: you sell high and buy low, +$22 on $10k if it goes back to its 7-day average of −0.032%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster FETUSDT0.20240.0100pay 0.0100% / 8h4h 31m$201K$805K10x
ShortBinance FETUSDT0.20280.0100get 0.0100% / 8h4h 31m$31.2M$113.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Aster. 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
$0
Price spread: +0.189% → −0.032%
$22.08
Slippage, 4 orders
−$53.74
Fee Aster: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
−$49.66
Costs to cover
0.717%
Break-even
never at this rate
Slippage from Aster: live order book, 26 min ago; Binance: live order book, 11 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 26 min ago12.21 bp16.2 bp −$16177.2 bp −$1,772doesn't fitdoesn't fit
Sell Binance live order book, 11 min ago2.48 bp13.8 bp −$1427.6 bp −$276122.2 bp −$12.2Kdoesn't fit

FET on 20 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
Deribit FET_USDC-PERPETUAL−0.3195%1h0.2025+0.040%$38K$307K10xas long as short
Coinbase International FET-PERP-INTX−0.0984%1h0.2025+0.040%$147K$239K50xas long as short
Kraken Futures PF_FETUSD−0.0453%1h0.2027+0.147%$1.0M$2.2M50xas long as short
gTrade (Gains Network) FET/USDL +0.0006% / S −0.0011%1h0.2022−0.084%$34K150xas long as short
Injective FET/USDC PERP+0.0033%1h0.2010−0.701%$3K$166K12xas long as short
Aster FETUSDTlong+0.0100%8h0.2024long leg$201K$805K10x
Binance FETUSDTshort+0.0100%8h0.2028+0.189%$31.2M$113.7M75x
Gate FET_USDT+0.0100%8h0.2025+0.040%$2.7M$12.5M50xas long as short
MEXC FET_USDT+0.0100%8h0.2026+0.090%$31.3M$24.3M200xas long as short
KuCoin FETUSDTM+0.0100%8h0.2026+0.090%$10.7M$18.9M50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni FET+0.0100%8h0.2005−0.940%$336K$423Kas long as short
Orderly PERP_FET_USDC+0.0100%8h0.2022−0.108%$38K$7K10xas long as short
Extended FET-USD+0.0104%1h0.2026+0.100%$33K$254K10xas long as short
Hyperliquid FET+0.0136%1h0.2028+0.169%$8.8M$8.5M5xas long as short
GMX FET/USD [ETH-USDC]L +0.0201% / S −0.0278%1h0.2023−0.082%$14K100xas long as short
OKX FET-USDT-SWAP+0.0212%4h0.2030+0.287%$1.0M$8.3M20xas long as short
BloFin FET-USDT+0.0220%8h0.2018−0.306%$1.7M$3.1M100xas long as short
BingX FET-USDT+0.0297%8h0.2028+0.189%$6.0Mas long as short
Bitget FETUSDT+0.0301%8h0.2027+0.139%$16.4M$11.9M75xas long as short
Phoenix FET+0.0505%1h0.2016−0.390%$35K$39K5xas long as short