Funding you earn now, next payment 21:00 UTC−0.0580%/8h= −63.5% APRpaid last 24h +0.033%
Price spread now: Coinbase International against Aster+0.165%7-day average +0.294% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$116as in the Price arb table
costs, in and out, $10k−$1031.029% of the position
Funding, last 5 days (all we have)+0.253%+$25 on $10k
+Price spread, last 3 days (all we have)−0.320%−$32 · spread now +0.165%, 7d avg +0.294%
=Together, before fees−0.068%+ Points / potential airdropAster: Stage 5 · farm board−$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and Coinbase International is 0.129% cheaper against Aster than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of +0.294%). Swap the legs. Mind the row above: over the last 5 days funding on this pair paid +0.253%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid 0.253% in total (about 17.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster FETUSDT | 0.2019 | 0.0100 | pay 0.0100% / 8h | 2h 16m | $347K | $529K | 10x |
| Short | Coinbase International FET-PERP-INTX | 0.2022 | −0.0480 | pay 0.0060% / 1h | 16m 29s | $161K | $189K | 50x |
Aster FETUSDT
Coinbase International FET-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Aster. 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
- −$121.8
- Price spread: +0.165% → +0.294%
- −$12.87
- Slippage, 4 orders
- −$84.88
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$237.54
- Costs to cover
- 1.029%
- Break-even
- never at this rate
Slippage from Aster: live order book, 6 min ago; Coinbase International: live order book, 6 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 Aster live order book, 6 min ago | 12.38 bp | 33.4 bp −$33 | 364.6 bp −$3,646 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 6 min ago | 12.39 bp | 17.4 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
FET on 20 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit FET_USDC-PERPETUAL | −0.4679% | 1h | 0.2019 | +0.017% | $27K | $209K | 10x | as long as short |
| Coinbase International FET-PERP-INTXshort | −0.0480% | 1h | 0.2022 | +0.165% | $161K | $189K | 50x | |
| Gate FET_USDT | −0.0022% | 8h | 0.2016 | −0.132% | $2.7M | $11.8M | 50x | as long as short |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0012% | 1h | 0.2020 | +0.054% | $32K | — | 150x | as long as short |
| Kraken Futures PF_FETUSD | +0.0032% | 1h | 0.2022 | +0.148% | $1.0M | $2.1M | 50x | as long as short |
| Aster FETUSDTlong | +0.0100% | 8h | 0.2019 | long leg | $347K | $529K | 10x | |
| Binance FETUSDT | +0.0100% | 8h | 0.2017 | −0.102% | $31.5M | $107.2M | 75x | as long as short |
| OKX FET-USDT-SWAP | +0.0100% | 4h | 0.2019 | +0.017% | $860K | $7.6M | 20x | as long as short |
| MEXC FET_USDT | +0.0100% | 8h | 0.2018 | −0.033% | $34.9M | $25.4M | 200x | as long as short |
| KuCoin FETUSDTM | +0.0100% | 8h | 0.2017 | −0.082% | $10.4M | $19.1M | 50x | as long as short |
Deribit FET_USDC-PERPETUAL
Gate FET_USDT
gTrade (Gains Network) FET/USD
Kraken Futures PF_FETUSD
Binance FETUSDT
OKX FET-USDT-SWAP
MEXC FET_USDT
KuCoin FETUSDTMShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni FET | +0.0100% | 8h | 0.2019 | +0.036% | $274K | $315K | — | as long as short |
| Orderly PERP_FET_USDC | +0.0100% | 8h | 0.2017 | −0.082% | $37K | $5K | 10x | as long as short |
| Extended FET-USD | +0.0104% | 1h | 0.2017 | −0.096% | $32K | $144K | 10x | as long as short |
| BingX FET-USDT | +0.0193% | 8h | 0.2019 | +0.017% | — | $5.6M | — | as long as short |
| GMX FET/USD [ETH-USDC] | L +0.0201% / S −0.0278% | 1h | 0.2019 | +0.003% | $13K | — | 100x | as long as short |
| Bitget FETUSDT | +0.0212% | 8h | 0.2019 | +0.017% | $16.5M | $11.4M | 75x | as long as short |
| Hyperliquid FET | +0.0219% | 1h | 0.2018 | −0.053% | $9.0M | $7.7M | 5x | as long as short |
| BloFin FET-USDT | +0.0220% | 8h | 0.2020 | +0.066% | $1.7M | $2.6M | 100x | as long as short |
| Injective FET/USDC PERP | +0.0371% | 1h | 0.2010 | −0.429% | $3K | $166K | 12x | as long as short |
| Phoenix FET | +0.0476% | 1h | 0.2021 | +0.111% | $27K | $37K | 5x | as long as short |
Variational Omni FET
Orderly PERP_FET_USDC
Extended FET-USD
BingX FET-USDT
GMX FET/USD [ETH-USDC]
Bitget FETUSDT
Hyperliquid FET
BloFin FET-USDT
Injective FET/USDC PERP
Phoenix FET