Funding you earn now, next payment 00:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.036%
Price spread now: Aster against BloFin−0.108%7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$630.633% of the position
Funding, last 5 days (all we have)−0.163%−$16 on $10k
+Price spread, last 3 days (all we have)+0.227%+$23 · spread now −0.108%, 7d avg −0.025%
=Together, before fees+0.064%+ Points / potential airdropAster: Stage 5 · farm board+$6 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Aster is 0.082% cheaper against BloFin than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.025%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin FET-USDT | 0.2044 | 0.0220 | pay 0.0220% / 8h | 33m 09s | $1.7M | $2.7M | 100x |
| Short | Aster FETUSDT | 0.2042 | 0.0100 | get 0.0100% / 8h | 33m 09s | $341K | $543K | 10x |
BloFin FET-USDT
Aster FETUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against BloFin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$25.2
- Price spread: −0.108% → −0.025%
- −$8.25
- Slippage, 4 orders
- −$43.28
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$96.72
- Costs to cover
- 0.633%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 5 min ago; Aster: live order book, 44 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BloFin live order book, 5 min ago | 2.45 bp | 8.5 bp −$8 | 16.0 bp −$160 | 177.3 bp −$17.7K | doesn't fit |
| Sell Aster live order book, 44 min ago | 9.93 bp | 18.8 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
FET on 20 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit FET_USDC-PERPETUAL | −0.2678% | 1h | 0.2043 | −0.049% | $28K | $200K | 10x | as long as short |
| Coinbase International FET-PERP-INTX | −0.0728% | 1h | 0.2055 | +0.538% | $154K | $204K | 50x | as long as short |
| Kraken Futures PF_FETUSD | −0.0477% | 1h | 0.2044 | +0.001% | $1.0M | $2.2M | 50x | as long as short |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0013% | 1h | 0.2044 | −0.016% | $32K | — | 150x | as long as short |
| Injective FET/USDC PERP | +0.0033% | 1h | 0.2010 | −1.663% | $3K | $166K | 12x | as long as short |
| Gate FET_USDT | +0.0060% | 8h | 0.2041 | −0.147% | $2.8M | $12.1M | 50x | as long as short |
| Aster FETUSDTshort | +0.0100% | 8h | 0.2042 | −0.108% | $341K | $543K | 10x | |
| Binance FETUSDT | +0.0100% | 8h | 0.2041 | −0.149% | $31.9M | $108.6M | 75x | as long as short |
| MEXC FET_USDT | +0.0100% | 8h | 0.2041 | −0.147% | $34.5M | $25.0M | 200x | as long as short |
| KuCoin FETUSDTM | +0.0100% | 8h | 0.2042 | −0.098% | $10.6M | $19.1M | 50x | as long as short |
Deribit FET_USDC-PERPETUAL
Coinbase International FET-PERP-INTX
Kraken Futures PF_FETUSD
gTrade (Gains Network) FET/USD
Injective FET/USDC PERP
Gate FET_USDT
Binance FETUSDT
MEXC FET_USDT
KuCoin FETUSDTMShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni FET | +0.0100% | 8h | 0.2037 | −0.329% | $298K | $339K | — | as long as short |
| Orderly PERP_FET_USDC | +0.0100% | 8h | 0.2041 | −0.147% | $38K | $6K | 10x | as long as short |
| Extended FET-USD | +0.0104% | 1h | 0.2042 | −0.117% | $33K | $191K | 10x | as long as short |
| GMX FET/USD [ETH-USDC] | L +0.0201% / S −0.0278% | 1h | 0.2042 | −0.107% | $14K | — | 100x | as long as short |
| BloFin FET-USDTlong | +0.0220% | 8h | 0.2044 | long leg | $1.7M | $2.7M | 100x | |
| BingX FET-USDT | +0.0311% | 8h | 0.2043 | −0.049% | — | $5.6M | — | as long as short |
| Bitget FETUSDT | +0.0319% | 8h | 0.2044 | 0.000% | $16.5M | $11.5M | 75x | as long as short |
| OKX FET-USDT-SWAP | +0.0322% | 4h | 0.2043 | −0.049% | $989K | $7.8M | 20x | as long as short |
| Phoenix FET | +0.0508% | 1h | 0.2041 | −0.161% | $36K | $45K | 5x | as long as short |
| Hyperliquid FET | +0.0600% | 1h | 0.2044 | −0.010% | $9.1M | $8.0M | 5x | as long as short |
Variational Omni FET
Orderly PERP_FET_USDC
Extended FET-USD
GMX FET/USD [ETH-USDC]
BingX FET-USDT
Bitget FETUSDT
OKX FET-USDT-SWAP
Phoenix FET
Hyperliquid FET