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

FET

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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against Binance+0.024%7-day average −0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$580.577% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.012%−$1 on $10k
Price spread, last 4 days (all we have)−0.109%−$11 · spread now +0.024%, 7d avg −0.036%
Together, before fees−0.121%+ Points / potential airdropExtended: Active · farm board−$12 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: Extended is 0.061% dearer against Binance than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.036%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance FETUSDT0.19860.0100pay 0.0100% / 8h2h 42m$30.2M$114.9M75x
ShortExtended FET-USD0.19860.0104get 0.0013% / 1h42m 19s$33K$198K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: +0.024% → −0.036%
$6.05
Slippage, 4 orders
−$42.68
Fee Binance: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$50.79
Costs to cover
0.577%
Break-even
430.2 days
Slippage from Binance: live order book, 1 min ago; Extended: 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 Binance live order book, 1 min ago2.52 bp12.3 bp −$1220.5 bp −$205195.5 bp −$19.6Kdoesn't fit
Sell Extended live order book, 4 min ago9.06 bp17.6 bp −$1864.7 bp −$647doesn'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−0.3762%1h0.19860.000%$38K$298K10xas long as short
Coinbase International FET-PERP-INTX−0.1152%1h0.1990+0.201%$148K$258K50xas long as short
gTrade (Gains Network) FET/USDL +0.0006% / S −0.0004%1h0.1985−0.072%$20K150xas long as short
Injective FET/USDC PERP+0.0033%1h0.2010+1.208%$3K$166K12xas long as short
Aster FETUSDT+0.0100%8h0.1985−0.071%$190K$809K10xas long as short
Binance FETUSDTlong+0.0100%8h0.1986long leg$30.2M$114.9M75x
Gate FET_USDT+0.0100%8h0.1985−0.050%$2.6M$12.7M50xas long as short
MEXC FET_USDT+0.0100%8h0.19860.000%$30.0M$24.9M200xas long as short
KuCoin FETUSDTM+0.0100%8h0.19860.000%$10.4M$18.5M50xas long as short
Variational Omni FET+0.0100%8h0.1987+0.058%$273K$479Kas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_FET_USDC+0.0100%8h0.19860.000%$37K$7K10xas long as short
Extended FET-USDshort+0.0104%1h0.1986+0.024%$33K$198K10x
BingX FET-USDT+0.0199%8h0.1985−0.050%$6.0Mas long as short
GMX FET/USD [ETH-USDC]L +0.0201% / S −0.0301%1h0.1983−0.128%$13K100xas long as short
Bitget FETUSDT+0.0208%8h0.1987+0.050%$16.0M$11.9M75xas long as short
BloFin FET-USDT+0.0220%8h0.1988+0.101%$1.7M$3.2M100xas long as short
OKX FET-USDT-SWAP+0.0376%4h0.19860.000%$981K$8.1M20xas long as short
Kraken Futures PF_FETUSD+0.0462%1h0.1988+0.091%$968K$2.2M50xas long as short
Phoenix FET+0.0649%1h0.1991+0.242%$34K$37K5xas long as short
Hyperliquid FET+0.0908%1h0.1987+0.050%$8.5M$8.4M5xas long as short