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

FET

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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: Variational Omni against Binance−0.207%7-day average +0.012% · you buy dearer than you sell
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 3 days (all we have)0.000%$0 on $10k
Price spread, last 4 days (all we have)+1.085%+$108 · spread now −0.207%, 7d avg +0.012%
Together, before fees+1.085%+ Points / potential airdropVariational Omni: Active · farm board+$108 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: Variational Omni is 0.219% cheaper against Binance than usual: you would sell low and buy high, −$22 on $10k if it goes back to its 7-day average of +0.012%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance FETUSDT0.20150.0100pay 0.0100% / 8h6h 32m$31.1M$112.9M75x
ShortVariational Omni FET0.20110.0100get 0.0100% / 8h6h 32m$332K$420K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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: −0.207% → +0.012%
−$21.88
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$31.88
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 10 min ago; Variational Omni: RFQ quote, 36 min ago. 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 Binance live order book, 10 min ago2.49 bp9.6 bp −$1022.9 bp −$229196.9 bp −$19.7Kdoesn't fit
Sell Variational Omni RFQ quote, 36 min ago7.29 bpdoesn't fit36.4 bp −$364doesn't fitdoesn't fit

FET on 19 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−0.4693%1h0.2013−0.117%$29K$231K10xas long as short
Coinbase International FET-PERP-INTX−0.0760%1h0.2016+0.032%$147K$216K50xas long as short
Kraken Futures PF_FETUSD−0.0744%1h0.2015−0.016%$982K$2.2M50xas long as short
gTrade (Gains Network) FET/USDL +0.0006% / S −0.0015%1h0.2012−0.181%$23K150xas long as short
Injective FET/USDC PERP+0.0033%1h0.2010−0.266%$3K$166K12xas long as short
Aster FETUSDT+0.0100%8h0.2012−0.191%$306K$717K10xas long as short
Binance FETUSDTlong+0.0100%8h0.2015long leg$31.1M$112.9M75x
Gate FET_USDT+0.0100%8h0.2013−0.117%$2.7M$12.3M50xas long as short
MEXC FET_USDT+0.0100%8h0.2014−0.068%$31.7M$25.0M200xas long as short
KuCoin FETUSDTM+0.0100%8h0.2014−0.068%$10.5M$19.2M50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni FETshort+0.0100%8h0.2011−0.207%$332K$420K
Orderly PERP_FET_USDC+0.0100%8h0.2012−0.167%$38K$7K10xas long as short
Extended FET-USD+0.0104%1h0.2014−0.068%$33K$247K10xas long as short
OKX FET-USDT-SWAP+0.0144%4h0.2018+0.131%$988K$8.1M20xas long as short
Hyperliquid FET+0.0169%1h0.2014−0.093%$9.0M$8.3M5xas long as short
GMX FET/USD [ETH-USDC]L +0.0201% / S −0.0278%1h0.2012−0.185%$13K100xas long as short
BingX FET-USDT+0.0324%8h0.2015−0.018%$6.0Mas long as short
Bitget FETUSDT+0.0346%8h0.2017+0.081%$16.2M$11.8M75xas long as short
Phoenix FET+0.0474%1h0.2020+0.220%$35K$43K5xas long as short