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

FET

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Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0029%/8h= −3.2% APRpaid last 24h +0.001%
Price spread now: Extended against Bitget−0.057%7-day average −0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$550.555% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.094%−$9 on $10k
Price spread, last 4 days (all we have)+0.044%+$4 · spread now −0.057%, 7d avg −0.044%
Together, before fees−0.050%+ Points / potential airdropExtended: Active · farm board−$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.044%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget FETUSDT0.20060.0133pay 0.0133% / 8h2h 40m$16.4M$11.4M75x
ShortExtended FET-USD0.20050.0104get 0.0013% / 1h40m 58s$32K$144K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Bitget. 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
−$6.09
Price spread: −0.057% → −0.044%
−$1.32
Slippage, 4 orders
−$38.49
Fee Bitget: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$62.9
Costs to cover
0.555%
Break-even
never at this rate
Slippage from Bitget: live order book, 3 min ago; Extended: live order book, 44 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 Bitget live order book, 3 min ago2.49 bp18.8 bp −$1940.4 bp −$404doesn't fitdoesn't fit
Sell Extended live order book, 44 min ago7.67 bp10.2 bp −$1034.4 bp −$344doesn'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−0.3226%1h0.2007+0.050%$26K$230K10xas long as short
Coinbase International FET-PERP-INTX−0.0480%1h0.20060.000%$160K$187K50xas long as short
Gate FET_USDT−0.0091%8h0.2004−0.100%$2.7M$11.8M50xas long as short
gTrade (Gains Network) FET/USDL +0.0006% / S −0.0012%1h0.2006−0.009%$31K150xas long as short
Kraken Futures PF_FETUSD+0.0032%1h0.2010+0.198%$1.0M$2.1M50xas long as short
Aster FETUSDT+0.0100%8h0.2008+0.082%$346K$527K10xas long as short
Binance FETUSDT+0.0100%8h0.2005−0.050%$31.3M$107.0M75xas long as short
OKX FET-USDT-SWAP+0.0100%4h0.2007+0.050%$855K$7.5M20xas long as short
MEXC FET_USDT+0.0100%8h0.2004−0.100%$35.2M$25.3M200xas long as short
KuCoin FETUSDTM+0.0100%8h0.2004−0.100%$10.4M$19.0M50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni FET+0.0100%8h0.2009+0.125%$273K$315Kas long as short
Orderly PERP_FET_USDC+0.0100%8h0.2005−0.050%$37K$5K10xas long as short
Extended FET-USDshort+0.0104%1h0.2005−0.057%$32K$144K10x
BingX FET-USDT+0.0123%8h0.20060.000%$5.6Mas long as short
Bitget FETUSDTlong+0.0133%8h0.2006long leg$16.4M$11.4M75x
Hyperliquid FET+0.0149%1h0.2008+0.100%$9.0M$7.6M5xas long as short
GMX FET/USD [ETH-USDC]L +0.0201% / S −0.0278%1h0.2005−0.047%$13K100xas long as short
BloFin FET-USDT+0.0220%8h0.2007+0.050%$1.7M$2.6M100xas long as short
Injective FET/USDC PERP+0.0371%1h0.2030+1.196%$3K$118K12xas long as short
Phoenix FET+0.0476%1h0.2011+0.264%$27K$37K5xas long as short