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

FET

all FET markets
SwapBacktest
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: Aster against Binance+0.117%7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$730.729% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.012%+$1 on $10k
Price spread, last 4 days (all we have)−0.050%−$5 · spread now +0.117%, 7d avg +0.038%
Together, before fees−0.038%+ 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: Aster is 0.079% dearer against Binance than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.038%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance FETUSDT0.20380.0100pay 0.0100% / 8h3h 29m$31.9M$107.2M75x
ShortAster FETUSDT0.20400.0100get 0.0100% / 8h3h 29m$351K$526K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Binance. 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: +0.117% → +0.038%
$7.95
Slippage, 4 orders
−$54.88
Fee Binance: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$64.93
Costs to cover
0.729%
Break-even
never at this rate
Slippage from Binance: live order book, 4 min ago; Aster: live order book, 18 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 Binance live order book, 4 min ago2.45 bp11.9 bp −$1223.5 bp −$235184.6 bp −$18.5Kdoesn't fit
Sell Aster live order book, 18 min ago9.86 bp18.7 bp −$19doesn't fitdoesn'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−0.2195%1h0.2040+0.109%$16K$219K10xas long as short
Kraken Futures PF_FETUSD−0.0463%1h0.2043+0.234%$1.1M$2.1M50xas long as short
Coinbase International FET-PERP-INTX−0.0168%1h0.2039+0.060%$169K$184K50xas long as short
Gate FET_USDT−0.0135%8h0.2037−0.038%$2.9M$11.7M50xas long as short
gTrade (Gains Network) FET/USDL +0.0006% / S −0.0012%1h0.2040+0.109%$32K150xas long as short
Orderly PERP_FET_USDC+0.0081%8h0.2038+0.011%$38K$4K10xas long as short
Aster FETUSDTshort+0.0100%8h0.2040+0.117%$351K$526K10x
Binance FETUSDTlong+0.0100%8h0.2038long leg$31.9M$107.2M75x
OKX FET-USDT-SWAP+0.0100%4h0.2040+0.109%$871K$7.6M20xas long as short
MEXC FET_USDT+0.0100%8h0.2037−0.038%$39.4M$24.8M200xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin FETUSDTM+0.0100%8h0.2038+0.011%$10.6M$18.5M50xas long as short
Bitget FETUSDT+0.0100%8h0.2042+0.208%$16.7M$11.4M75xas long as short
BingX FET-USDT+0.0100%8h0.2040+0.109%$5.6Mas long as short
Variational Omni FET+0.0100%8h0.2036−0.064%$282K$307Kas long as short
Extended FET-USD+0.0104%1h0.2038+0.009%$32K$144K10xas long as short
Hyperliquid FET+0.0190%1h0.2041+0.139%$9.2M$7.1M5xas long as short
GMX FET/USD [ETH-USDC]L +0.0201% / S −0.0278%1h0.2038+0.027%$14K100xas long as short
BloFin FET-USDT+0.0220%8h0.2033−0.234%$1.7M$2.6M100xas long as short
Phoenix FET+0.0395%1h0.2040+0.114%$27K$54K5xas long as short
Injective FET/USDC PERP+0.0726%1h0.2030−0.381%$3K$118K12xas long as short