Funding you earn now, next payment 08:00 UTC−0.0126%/8h= −13.8% APRnext payment −$1.26 per $10,000 · paid last 24h −0.036%
Price spread now: KuCoin against BloFin−0.050%50s7-day average −0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$96as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$780.777% of the position
Funding, last 7 days−0.179%−$18 on $10k
+Price spread, last 4 days (all we have)+0.040%+$4 · spread now −0.050%, 7d avg −0.032%
=The price spread sits at its 7-day average of −0.032%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin FET-USDT | 0.1991 | 0.0226 | pay 0.0226% / 8h | 1h 32m | $1.7M | $3.2M | 100x |
| Short | KuCoin FETUSDTM | 0.1990 | 0.0100 | get 0.0100% / 8h | 1h 32m | $10.4M | $18.3M | 50x |
BloFin FET-USDT
KuCoin FETUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$26.46
- Price spread: −0.050% → −0.032%
- −$1.81
- Slippage, 4 orders
- −$53.69
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$105.97
- Costs to cover
- 0.777%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 6 min ago; KuCoin: live order book, 6 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, 6 min ago | 2.50 bp | 9.6 bp −$10 | 14.9 bp −$149 | 111.4 bp −$11.1K | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 2.50 bp | 25.9 bp −$26 | 69.6 bp −$696 | 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 | −0.5245% | 1h | 0.1991 | 0.000% | $41K | $312K | 10x | as long as short |
| Coinbase International FET-PERP-INTX | −0.0688% | 1h | 0.1997 | +0.301% | $150K | $260K | 50x | as long as short |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0004% | 1h | 0.1989 | −0.107% | $20K | — | 150x | as long as short |
| Injective FET/USDC PERP | +0.0033% | 1h | 0.2010 | +0.954% | $3K | $166K | 12x | as long as short |
| Aster FETUSDT | +0.0100% | 8h | 0.1991 | −0.021% | $189K | $815K | 10x | as long as short |
| Gate FET_USDT | +0.0100% | 8h | 0.1989 | −0.100% | $2.6M | $12.8M | 50x | as long as short |
| KuCoin FETUSDTMshort | +0.0100% | 8h | 0.1990 | −0.050% | $10.4M | $18.3M | 50x | |
| Variational Omni FET | +0.0100% | 8h | 0.1991 | +0.008% | $283K | $491K | — | as long as short |
| Orderly PERP_FET_USDC | +0.0100% | 8h | 0.1988 | −0.151% | $37K | $7K | 10x | as long as short |
| Extended FET-USD | +0.0104% | 1h | 0.1991 | −0.023% | $33K | $201K | 10x | as long as short |
Deribit FET_USDC-PERPETUAL
Coinbase International FET-PERP-INTX
gTrade (Gains Network) FET/USD
Injective FET/USDC PERP
Aster FETUSDT
Gate FET_USDT
Variational Omni FET
Orderly PERP_FET_USDC
Extended FET-USDShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC FET_USDT | +0.0106% | 8h | 0.1989 | −0.100% | $29.0M | $25.2M | 200x | as long as short |
| Binance FETUSDT | +0.0107% | 8h | 0.1990 | −0.050% | $30.3M | $114.9M | 75x | as long as short |
| Bitget FETUSDT | +0.0188% | 8h | 0.1991 | 0.000% | $16.2M | $11.9M | 75x | as long as short |
| BingX FET-USDT | +0.0190% | 8h | 0.1990 | −0.050% | — | $5.9M | — | as long as short |
| GMX FET/USD [ETH-USDC] | L +0.0201% / S −0.0301% | 1h | 0.1989 | −0.123% | $13K | — | 100x | as long as short |
| BloFin FET-USDTlong | +0.0226% | 8h | 0.1991 | long leg | $1.7M | $3.2M | 100x | |
| OKX FET-USDT-SWAP | +0.0414% | 4h | 0.1991 | 0.000% | $983K | $8.1M | 20x | as long as short |
| Hyperliquid FET | +0.0567% | 1h | 0.1991 | −0.005% | $8.4M | $8.5M | 5x | as long as short |
| Phoenix FET | +0.0635% | 1h | 0.1995 | +0.186% | $35K | $38K | 5x | as long as short |
| Kraken Futures PF_FETUSD | +0.0652% | 1h | 0.1993 | +0.114% | $985K | $2.2M | 50x | as long as short |
MEXC FET_USDT
Binance FETUSDT
Bitget FETUSDT
BingX FET-USDT
GMX FET/USD [ETH-USDC]
OKX FET-USDT-SWAP
Hyperliquid FET
Phoenix FET
Kraken Futures PF_FETUSD