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

FET

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0147%/8h= −16.1% APRnext payment $1.47 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against BingX+0.045%7-day average +0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$480.479% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.088%−$9 on $10k
Price spread, last 7 days−0.096%−$10 · spread now +0.045%, 7d avg +0.030%
Together, before fees−0.184%−$18 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.030%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX FET-USDT0.20060.0247pay 0.0247% / 8h1h 51m$5.6M
ShortBinance FETUSDT0.20070.0100get 0.0100% / 8h1h 51m$31.4M$107.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against BingX. 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
−$30.87
Price spread: +0.045% → +0.030%
$1.54
Slippage, 4 orders
−$27.9
Fee BingX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$77.22
Costs to cover
0.479%
Break-even
never at this rate
Slippage from BingX: live order book, 13 min ago; Binance: 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 BingX live order book, 13 min ago5.01 bp11.7 bp −$1216.0 bp −$16077.6 bp −$7,758394.6 bp −$197.3K
Sell Binance live order book, 6 min ago2.49 bp9.6 bp −$1020.2 bp −$202120.3 bp −$12.0Kdoesn'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−0.4219%1h0.2005−0.050%$27K$200K10xas long as short
Coinbase International FET-PERP-INTX−0.0744%1h0.2019+0.648%$158K$191K50xas long as short
gTrade (Gains Network) FET/USDL +0.0006% / S −0.0012%1h0.2006+0.008%$31K150xas long as short
Gate FET_USDT+0.0020%8h0.2004−0.100%$2.7M$11.8M50xas long as short
Hyperliquid FET+0.0100%1h0.2008+0.080%$8.9M$7.8M5xas long as short
Aster FETUSDT+0.0100%8h0.2008+0.107%$340K$533K10xas long as short
Binance FETUSDTshort+0.0100%8h0.2007+0.045%$31.4M$107.3M75x
MEXC FET_USDT+0.0100%8h0.2005−0.050%$34.6M$25.0M200xas long as short
KuCoin FETUSDTM+0.0100%8h0.20060.000%$10.3M$19.1M50xas long as short
Variational Omni FET+0.0100%8h0.2012+0.316%$273K$316Kas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_FET_USDC+0.0100%8h0.2005−0.050%$37K$5K10xas long as short
Extended FET-USD+0.0104%1h0.2006−0.016%$33K$189K10xas long as short
OKX FET-USDT-SWAP+0.0132%4h0.2007+0.050%$852K$7.5M20xas long as short
GMX FET/USD [ETH-USDC]L +0.0200% / S −0.0278%1h0.2005−0.040%$13K100xas long as short
BloFin FET-USDT+0.0220%8h0.2008+0.100%$1.7M$2.6M100xas long as short
BingX FET-USDTlong+0.0247%8h0.2006long leg$5.6M
Bitget FETUSDT+0.0279%8h0.2009+0.150%$16.4M$11.3M75xas long as short
Kraken Futures PF_FETUSD+0.0361%1h0.2009+0.146%$1.0M$2.2M50xas long as short
Injective FET/USDC PERP+0.0553%1h0.2010+0.199%$3K$166K12xas long as short
Phoenix FET+0.0599%1h0.2015+0.444%$27K$36K5xas long as short