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+0.0025%/8h= +2.7% APRnext payment +$0.25 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against BingX0.000%7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$510.512% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.006%−$1 on $10k
Price spread, last 7 days−0.020%−$2 · spread now 0.000%, 7d avg +0.020%
Together, before fees−0.026%−$3 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bitget is 0.020% cheaper against BingX than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.020%). If the spread goes back, that is −$2 on $10k: about 2.7 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX FET-USDT0.20230.0290pay 0.0290% / 8h1h 39m$5.6M
ShortBitget FETUSDT0.20230.0315get 0.0315% / 8h1h 39m$16.5M$11.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
$5.25
Price spread: 0.000% → +0.020%
−$2.04
Slippage, 4 orders
−$29.24
Fee BingX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$48.03
Costs to cover
0.512%
Break-even
71.0 days
Slippage from BingX: live order book, 11 min ago; Bitget: live order book, 5 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, 11 min ago4.99 bp10.0 bp −$1016.6 bp −$16660.8 bp −$6,082361.7 bp −$180.8K
Sell Bitget live order book, 5 min ago4.94 bp12.3 bp −$1224.5 bp −$245doesn'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−0.4676%1h0.2020−0.148%$27K$200K10xas long as short
Coinbase International FET-PERP-INTX−0.0744%1h0.2022−0.049%$158K$191K50xas long as short
gTrade (Gains Network) FET/USDL +0.0006% / S −0.0012%1h0.2023−0.002%$32K150xas long as short
Gate FET_USDT+0.0055%8h0.2021−0.099%$2.7M$11.9M50xas long as short
Aster FETUSDT+0.0100%8h0.2023+0.008%$343K$535K10xas long as short
Binance FETUSDT+0.0100%8h0.2022−0.060%$31.6M$107.2M75xas long as short
MEXC FET_USDT+0.0100%8h0.2021−0.099%$34.8M$25.1M200xas long as short
KuCoin FETUSDTM+0.0100%8h0.2021−0.099%$10.4M$19.1M50xas long as short
Variational Omni FET+0.0100%8h0.2023+0.013%$275K$317Kas long as short
Orderly PERP_FET_USDC+0.0100%8h0.2020−0.148%$37K$5K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended FET-USD+0.0104%1h0.2021−0.113%$34K$190K10xas long as short
OKX FET-USDT-SWAP+0.0165%4h0.2025+0.099%$858K$7.6M20xas long as short
Hyperliquid FET+0.0173%1h0.2024+0.040%$9.0M$7.9M5xas long as short
GMX FET/USD [ETH-USDC]L +0.0201% / S −0.0278%1h0.2020−0.135%$13K100xas long as short
BloFin FET-USDT+0.0220%8h0.2022−0.049%$1.7M$2.6M100xas long as short
BingX FET-USDTlong+0.0290%8h0.2023long leg$5.6M
Bitget FETUSDTshort+0.0315%8h0.20230.000%$16.5M$11.4M75x
Kraken Futures PF_FETUSD+0.0358%1h0.2024+0.049%$1.0M$2.2M50xas long as short
Injective FET/USDC PERP+0.0553%1h0.2010−0.643%$3K$166K12xas long as short
Phoenix FET+0.0599%1h0.2025+0.099%$27K$36K5xas long as short