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

FET

all FET markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Binance0.000%7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$680.675% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.068%+$7 on $10k
Price spread, last 7 days+0.031%+$3 · spread now 0.000%, 7d avg +0.013%
Together, before fees+0.099%+$10 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance FETUSDT0.20260.0100pay 0.0100% / 8h5h 38m$31.4M$111.4M75x
ShortKuCoin FETUSDTM0.20260.0100get 0.0100% / 8h5h 38m$10.6M$18.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: 0.000% → +0.013%
−$1.25
Slippage, 4 orders
−$45.53
Fee Binance: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$68.79
Costs to cover
0.675%
Break-even
never at this rate
Slippage from Binance: live order book, 5 min ago; KuCoin: live order book, 6 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, 5 min ago2.46 bp10.0 bp −$1020.2 bp −$202177.7 bp −$17.8Kdoesn't fit
Sell KuCoin live order book, 6 min ago2.47 bp23.8 bp −$2465.6 bp −$656doesn'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−0.4175%1h0.2025−0.049%$30K$230K10xas long as short
Coinbase International FET-PERP-INTX−0.0872%1h0.2033+0.346%$149K$221K50xas long as short
gTrade (Gains Network) FET/USDL +0.0006% / S −0.0015%1h0.2024−0.085%$23K150xas long as short
Injective FET/USDC PERP+0.0033%1h0.2010−0.790%$3K$166K12xas long as short
Aster FETUSDT+0.0100%8h0.2027+0.026%$258K$719K10xas long as short
Binance FETUSDTlong+0.0100%8h0.2026long leg$31.4M$111.4M75x
Gate FET_USDT+0.0100%8h0.2024−0.099%$2.7M$12.2M50xas long as short
MEXC FET_USDT+0.0100%8h0.20260.000%$30.3M$24.2M200xas long as short
KuCoin FETUSDTMshort+0.0100%8h0.20260.000%$10.6M$18.8M50x
Variational Omni FET+0.0100%8h0.2026+0.005%$339K$424Kas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_FET_USDC+0.0100%8h0.2024−0.099%$38K$7K10xas long as short
Extended FET-USD+0.0104%1h0.2026+0.022%$35K$252K10xas long as short
Kraken Futures PF_FETUSD+0.0115%1h0.2027+0.045%$983K$2.2M50xas long as short
GMX FET/USD [ETH-USDC]L +0.0201% / S −0.0278%1h0.2024−0.089%$14K100xas long as short
BloFin FET-USDT+0.0220%8h0.2025−0.049%$1.7M$2.9M100xas long as short
OKX FET-USDT-SWAP+0.0255%4h0.2028+0.099%$1.0M$8.1M20xas long as short
BingX FET-USDT+0.0384%8h0.2027+0.049%$5.9Mas long as short
Bitget FETUSDT+0.0410%8h0.2028+0.099%$16.5M$11.7M75xas long as short
Phoenix FET+0.0669%1h0.2027+0.054%$35K$39K5xas long as short
Hyperliquid FET+0.0747%1h0.2027+0.059%$8.9M$8.4M5xas long as short