Funding you earn now, next payment 04:00 UTC−0.4801%/8h= −525.7% APRpaid last 24h −0.556%
Price spread now: Deribit against Aster+0.002%7-day average −0.036% · 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−$70as in the Price arb table
costs, in and out, $10k−$740.738% of the position
Funding, last 5 days (all we have)−0.339%−$34 on $10k
+Price spread, last 4 days (all we have)−0.211%−$21 · spread now +0.002%, 7d avg −0.036%
=Together, before fees−0.550%+ Points / potential airdropAster: Stage 5 · farm board−$55 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Deribit is 0.038% dearer against Aster than usual: you sell high and buy low (spread +0.002% now, against its 7-day average of −0.036%): +$4 on $10k if it goes back. Holding the pair costs −$144 a day in funding at the current rate, which eats that in about under an hour. At the pace of the last 5 days (−0.339% in total) that is about 15 hours.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid -0.339% in total (about -22.5% 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 | 0.2010 | 0.0100 | pay 0.0100% / 8h | 4h 05m | $198K | $812K | 10x |
| Short | Deribit FET_USDC-PERPETUAL | 0.2010 | −0.4701 | pay 0.0588% / 1h | 5m 07s | $38K | $307K | 10x |
Aster FETUSDT
Deribit FET_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$1,008.1
- Price spread: +0.002% → −0.036%
- $3.84
- Slippage, 4 orders
- −$58.78
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$1,078.05
- Costs to cover
- 0.738%
- Break-even
- never at this rate
Slippage from Aster: live order book, 53 min ago; Deribit: live order book, 53 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, 53 min ago | 12.21 bp | 16.2 bp −$16 | 177.2 bp −$1,772 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 53 min ago | 9.75 bp | 13.3 bp −$13 | 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-PERPETUALshort | −0.4701% | 1h | 0.2010 | +0.002% | $38K | $307K | 10x | |
| Coinbase International FET-PERP-INTX | −0.0984% | 1h | 0.2015 | +0.251% | $145K | $246K | 50x | as long as short |
| Kraken Futures PF_FETUSD | −0.0457% | 1h | 0.2012 | +0.108% | $993K | $2.2M | 50x | as long as short |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0011% | 1h | 0.2009 | −0.025% | $33K | — | 150x | as long as short |
| Injective FET/USDC PERP | +0.0033% | 1h | 0.2010 | +0.002% | $3K | $166K | 12x | as long as short |
| Aster FETUSDTlong | +0.0100% | 8h | 0.2010 | long leg | $198K | $812K | 10x | |
| Binance FETUSDT | +0.0100% | 8h | 0.2011 | +0.041% | $30.8M | $113.2M | 75x | as long as short |
| Gate FET_USDT | +0.0100% | 8h | 0.2010 | +0.002% | $2.7M | $12.6M | 50x | as long as short |
| MEXC FET_USDT | +0.0100% | 8h | 0.2011 | +0.052% | $31.6M | $24.7M | 200x | as long as short |
| KuCoin FETUSDTM | +0.0100% | 8h | 0.2010 | +0.002% | $10.6M | $18.8M | 50x | as long as short |
Coinbase International FET-PERP-INTX
Kraken Futures PF_FETUSD
gTrade (Gains Network) FET/USD
Injective FET/USDC PERP
Binance FETUSDT
Gate FET_USDT
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 | 0.2009 | −0.040% | $336K | $418K | — | as long as short |
| Orderly PERP_FET_USDC | +0.0100% | 8h | 0.2009 | −0.048% | $38K | $7K | 10x | as long as short |
| Extended FET-USD | +0.0104% | 1h | 0.2010 | +0.023% | $33K | $250K | 10x | as long as short |
| GMX FET/USD [ETH-USDC] | L +0.0201% / S −0.0278% | 1h | 0.2009 | −0.032% | $13K | — | 100x | as long as short |
| BloFin FET-USDT | +0.0220% | 8h | 0.2010 | +0.002% | $1.7M | $3.1M | 100x | as long as short |
| OKX FET-USDT-SWAP | +0.0242% | 4h | 0.2012 | +0.101% | $1.0M | $8.2M | 20x | as long as short |
| BingX FET-USDT | +0.0257% | 8h | 0.2010 | +0.002% | — | $5.9M | — | as long as short |
| Bitget FETUSDT | +0.0265% | 8h | 0.2011 | +0.052% | $16.3M | $11.8M | 75x | as long as short |
| Hyperliquid FET | +0.0273% | 1h | 0.2012 | +0.111% | $8.7M | $8.4M | 5x | as long as short |
| Phoenix FET | +0.0505% | 1h | 0.2017 | +0.340% | $35K | $39K | 5x | as long as short |
Variational Omni FET
Orderly PERP_FET_USDC
Extended FET-USD
GMX FET/USD [ETH-USDC]
BloFin FET-USDT
OKX FET-USDT-SWAP
BingX FET-USDT
Bitget FETUSDT
Hyperliquid FET
Phoenix FET