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

FET

all FET markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0133%/8h= −14.6% APRpaid last 24h −0.009%
Price spread now: OKX against BingX0.000%7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$570.567% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.097%−$10 on $10k
Price spread, last 7 days−0.021%−$2 · spread now 0.000%, 7d avg −0.010%
Together, before fees−0.118%−$12 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.010%, 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-USDT0.20570.0385pay 0.0385% / 8h5h 15m$5.9M
ShortOKX FET-USDT-SWAP0.20570.0252get 0.0126% / 4h1h 15m$1.0M$8.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
−$27.99
Price spread: 0.000% → −0.010%
$0.99
Slippage, 4 orders
−$36.68
Fee BingX: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$83.68
Costs to cover
0.567%
Break-even
never at this rate
Slippage from BingX: live order book, 10 min ago; OKX: live order book, 3 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, 10 min ago4.87 bp11.8 bp −$1217.3 bp −$17375.1 bp −$7,514430.7 bp −$215.4K
Sell OKX live order book, 3 min ago4.85 bp12.7 bp −$1350.8 bp −$508doesn'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−0.3626%1h0.2056−0.049%$39K$294K10xas long as short
Coinbase International FET-PERP-INTX−0.0872%1h0.20570.000%$151K$232K50xas long as short
gTrade (Gains Network) FET/USDL +0.0006% / S −0.0015%1h0.2056−0.050%$23K150xas long as short
Injective FET/USDC PERP+0.0033%1h0.2010−2.285%$3K$166K12xas long as short
Aster FETUSDT+0.0100%8h0.2057−0.008%$215K$771K10xas long as short
Binance FETUSDT+0.0100%8h0.2057+0.007%$32.0M$112.3M75xas long as short
Gate FET_USDT+0.0100%8h0.2056−0.049%$2.8M$12.5M50xas long as short
MEXC FET_USDT+0.0100%8h0.20570.000%$30.8M$24.3M200xas long as short
KuCoin FETUSDTM+0.0100%8h0.20570.000%$10.8M$18.9M50xas long as short
Variational Omni FET+0.0100%8h0.2060+0.151%$345K$424Kas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_FET_USDC+0.0100%8h0.2055−0.097%$39K$7K10xas long as short
Extended FET-USD+0.0104%1h0.2056−0.032%$34K$252K10xas long as short
Kraken Futures PF_FETUSD+0.0113%1h0.2058+0.064%$1.0M$2.2M50xas long as short
GMX FET/USD [ETH-USDC]L +0.0202% / S −0.0278%1h0.20570.000%$14K100xas long as short
BloFin FET-USDT+0.0220%8h0.2058+0.049%$1.7M$3.0M100xas long as short
OKX FET-USDT-SWAPshort+0.0252%4h0.20570.000%$1.0M$8.3M20x
BingX FET-USDTlong+0.0385%8h0.2057long leg$5.9M
Bitget FETUSDT+0.0395%8h0.2059+0.097%$16.7M$11.8M75xas long as short
Hyperliquid FET+0.0534%1h0.2058+0.058%$9.0M$8.4M5xas long as short
Phoenix FET+0.0669%1h0.2061+0.185%$36K$39K5xas long as short