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

FET

all FET markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0271%/8h= +29.6% APRpaid last 24h +0.028%
Price spread now: Injective against Aster+1.114%7-day average −0.629% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.115%+$12 on $10k
Price spread, last 3 days (all we have)−1.812%−$181 · spread now +1.114%, 7d avg −0.629%
Together, before fees−1.696%+ Points / potential airdropAster: Stage 5 · farm board−$170 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Injective is 1.743% dearer against Aster than usual: you sell high and buy low: +$174 more if the spread goes back to its 7-day average of −0.629%.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid 0.115% in total (about 8.1% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster FETUSDT0.20080.0100pay 0.0100% / 8h2h 41m$346K$527K10x
ShortInjective FET/USDC PERP0.20300.0371get 0.0046% / 1h41m 01s$3K$118K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against Aster. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$56.85
Price spread: +1.114% → −0.629%
$174.35
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$223.17
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: Aster: live order book, 46 min ago; Injective: 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
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 46 min ago9.86 bp34.7 bp −$35352.1 bp −$3,521doesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: 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.

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−0.3226%1h0.2007−0.031%$26K$230K10xas long as short
Coinbase International FET-PERP-INTX−0.0480%1h0.2006−0.081%$160K$187K50xas long as short
Gate FET_USDT−0.0091%8h0.2005−0.131%$2.7M$11.8M50xas long as short
gTrade (Gains Network) FET/USDL +0.0006% / S −0.0012%1h0.2006−0.090%$31K150xas long as short
Kraken Futures PF_FETUSD+0.0032%1h0.2010+0.116%$1.0M$2.1M50xas long as short
Aster FETUSDTlong+0.0100%8h0.2008long leg$346K$527K10x
Binance FETUSDT+0.0100%8h0.2006−0.081%$31.3M$107.0M75xas long as short
OKX FET-USDT-SWAP+0.0100%4h0.2007−0.031%$856K$7.5M20xas long as short
MEXC FET_USDT+0.0100%8h0.2006−0.081%$35.2M$25.3M200xas long as short
KuCoin FETUSDTM+0.0100%8h0.2006−0.081%$10.4M$19.0M50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni FET+0.0100%8h0.2009+0.044%$273K$315Kas long as short
Orderly PERP_FET_USDC+0.0100%8h0.2005−0.131%$37K$5K10xas long as short
Extended FET-USD+0.0104%1h0.2007−0.055%$32K$144K10xas long as short
BingX FET-USDT+0.0123%8h0.2006−0.081%$5.6Mas long as short
Bitget FETUSDT+0.0133%8h0.2008+0.018%$16.4M$11.4M75xas long as short
Hyperliquid FET+0.0149%1h0.2008+0.018%$9.0M$7.6M5xas long as short
GMX FET/USD [ETH-USDC]L +0.0201% / S −0.0278%1h0.2005−0.129%$13K100xas long as short
BloFin FET-USDT+0.0220%8h0.2007−0.031%$1.7M$2.6M100xas long as short
Injective FET/USDC PERPshort+0.0371%1h0.2030+1.114%$3K$118K12x
Phoenix FET+0.0476%1h0.2011+0.183%$27K$37K5xas long as short