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

FET

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Aster+0.006%7-day average −0.026% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$1151.150% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.042%−$4 · spread now +0.006%, 7d avg −0.026%
Together, before fees−0.042%+ Points / potential airdropAster: Stage 5 · farm board−$4 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: KuCoin is 0.031% dearer against Aster than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.026%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster FETUSDT0.20110.0100pay 0.0100% / 8h2h 35m$346K$527K10x
ShortKuCoin FETUSDTM0.20110.0100get 0.0100% / 8h2h 35m$10.4M$19.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: +0.006% → −0.026%
$3.14
Slippage, 4 orders
−$94.99
Fee Aster: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$111.86
Costs to cover
1.150%
Break-even
never at this rate
Slippage from Aster: live order book, 52 min ago; KuCoin: live order book, 4 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, 52 min ago9.86 bp34.7 bp −$35352.1 bp −$3,521doesn't fitdoesn't fit
Sell KuCoin live order book, 4 min ago4.99 bp37.0 bp −$3778.3 bp −$783doesn't fitdoesn'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−0.3219%1h0.2011+0.006%$26K$230K10xas long as short
Coinbase International FET-PERP-INTX−0.0480%1h0.2017+0.304%$161K$188K50xas long as short
Gate FET_USDT−0.0076%8h0.2011+0.006%$2.7M$11.8M50xas long as short
gTrade (Gains Network) FET/USDL +0.0006% / S −0.0012%1h0.2011−0.005%$32K150xas long as short
Kraken Futures PF_FETUSD+0.0032%1h0.2013+0.130%$1.0M$2.1M50xas long as short
Aster FETUSDTlong+0.0100%8h0.2011long leg$346K$527K10x
Binance FETUSDT+0.0100%8h0.2013+0.116%$31.4M$107.1M75xas long as short
OKX FET-USDT-SWAP+0.0100%4h0.2015+0.205%$857K$7.6M20xas long as short
MEXC FET_USDT+0.0100%8h0.2011+0.006%$35.1M$25.3M200xas long as short
KuCoin FETUSDTMshort+0.0100%8h0.2011+0.006%$10.4M$19.0M50x
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni FET+0.0100%8h0.2014+0.176%$273K$315Kas long as short
Orderly PERP_FET_USDC+0.0100%8h0.2010−0.044%$37K$5K10xas long as short
Extended FET-USD+0.0104%1h0.2012+0.077%$32K$144K10xas long as short
BingX FET-USDT+0.0139%8h0.2014+0.155%$5.6Mas long as short
Hyperliquid FET+0.0151%1h0.2013+0.100%$9.0M$7.6M5xas long as short
Bitget FETUSDT+0.0153%8h0.2015+0.205%$16.4M$11.4M75xas long as short
GMX FET/USD [ETH-USDC]L +0.0201% / S −0.0278%1h0.2010−0.045%$13K100xas long as short
BloFin FET-USDT+0.0220%8h0.2013+0.105%$1.7M$2.6M100xas long as short
Injective FET/USDC PERP+0.0371%1h0.2030+0.951%$3K$118K12xas long as short
Phoenix FET+0.0476%1h0.2015+0.220%$27K$37K5xas long as short