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

FET

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0043%/8h= +4.7% APRnext payment +$0.43 per $10,000 · paid last 24h +0.019%
Price spread now: BingX against Aster−0.042%7-day average −0.040% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$600.601% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)+0.019%+$2 on $10k
Price spread, last 4 days (all we have)−0.011%−$1 · spread now −0.042%, 7d avg −0.040%
Together, before fees+0.008%+ Points / potential airdropAster: Stage 5 · farm board+$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.040%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster FETUSDT0.20040.0100pay 0.0100% / 8h24m 24s$186K$752K10x
ShortBingX FET-USDT0.20030.0143get 0.0143% / 8h24m 24s$5.9M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
$9.03
Price spread: −0.042% → −0.040%
−$0.19
Slippage, 4 orders
−$42.08
Fee Aster: 4 bp × 2 orders
−$8
Fee BingX: 5 bp × 2 orders
−$10
Net
−$51.23
Costs to cover
0.601%
Break-even
46.7 days
Slippage from Aster: live order book, 13 min ago; BingX: 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, 13 min ago9.94 bp19.2 bp −$19218.2 bp −$2,182doesn't fitdoesn't fit
Sell BingX live order book, 11 min ago4.97 bp13.0 bp −$1316.9 bp −$16944.2 bp −$4,421304.6 bp −$152.3K

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−0.4223%1h0.2003−0.042%$41K$313K10xas long as short
Coinbase International FET-PERP-INTX−0.0792%1h0.2011+0.357%$151K$261K50xas long as short
Kraken Futures PF_FETUSD−0.0011%1h0.2005+0.051%$989K$2.1M50xas long as short
gTrade (Gains Network) FET/USDL +0.0006% / S −0.0004%1h0.2005+0.080%$20K150xas long as short
Injective FET/USDC PERP+0.0033%1h0.2010+0.308%$3K$166K12xas long as short
Aster FETUSDTlong+0.0100%8h0.2004long leg$186K$752K10x
Gate FET_USDT+0.0100%8h0.2002−0.092%$2.7M$12.8M50xas long as short
KuCoin FETUSDTM+0.0100%8h0.2003−0.042%$10.4M$17.9M50xas long as short
Variational Omni FET+0.0100%8h0.2002−0.085%$274K$524Kas long as short
Orderly PERP_FET_USDC+0.0100%8h0.2001−0.142%$36K$11K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended FET-USD+0.0120%1h0.2002−0.069%$37K$201K10xas long as short
Binance FETUSDT+0.0123%8h0.2003−0.042%$30.6M$112.0M75xas long as short
MEXC FET_USDT+0.0123%8h0.2002−0.092%$29.5M$25.1M200xas long as short
Bitget FETUSDT+0.0141%8h0.2004+0.008%$16.4M$11.6M75xas long as short
BingX FET-USDTshort+0.0143%8h0.2003−0.042%$5.9M
GMX FET/USD [ETH-USDC]L +0.0201% / S −0.0301%1h0.2005+0.071%$13K100xas long as short
BloFin FET-USDT+0.0244%8h0.2004+0.008%$1.7M$3.2M100xas long as short
OKX FET-USDT-SWAP+0.0279%4h0.2003−0.042%$1.0M$8.0M20xas long as short
Phoenix FET+0.0597%1h0.2012+0.407%$35K$37K5xas long as short
Hyperliquid FET+0.0609%1h0.2004+0.024%$8.4M$8.4M5xas long as short