Funding you earn now, next payment 02:00 UTC+0.0972%/8h= +106.4% APRpaid last 24h +0.035%
Price spread now: Aster against Coinbase International−0.387%7-day average −0.291% · 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−$157as in the Price arb table
costs, in and out, $10k−$1471.475% of the position
Funding, last 5 days (all we have)−0.195%−$20 on $10k
+Price spread, last 4 days (all we have)+0.766%+$77 · spread now −0.387%, 7d avg −0.291%
=Together, before fees+0.571%+ Points / potential airdropAster: Stage 5 · farm board+$57 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.096% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.387% now, against its 7-day average of −0.291%). If the spread goes back, that is −$10 on $10k: about 8 hours of funding at the current rate (+$29 a day). Mind the row above: over the last 5 days funding on this pair cost −0.195%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid -0.195% in total (about -13.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International FET-PERP-INTX | 0.2068 | −0.0872 | get 0.0109% / 1h | 19m 37s | $152K | $233K | 50x |
| Short | Aster FETUSDT | 0.2060 | 0.0100 | get 0.0100% / 8h | 5h 19m | $216K | $771K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Coinbase International. 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
- $204.12
- Price spread: −0.387% → −0.291%
- −$9.61
- Slippage, 4 orders
- −$129.48
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- $47.03
- Costs to cover
- 1.475%
- Break-even
- 5.4 days
Slippage from Coinbase International: live order book, 43 min ago; Aster: live order book, 43 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 Coinbase International live order book, 43 min ago | 7.38 bp | 56.4 bp −$56 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 43 min ago | 9.82 bp | 26.8 bp −$27 | 238.5 bp −$2,385 | 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 | −0.3138% | 1h | 0.2059 | −0.435% | $39K | $294K | 10x | as long as short |
| Coinbase International FET-PERP-INTXlong | −0.0872% | 1h | 0.2068 | long leg | $152K | $233K | 50x | |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0015% | 1h | 0.2061 | −0.363% | $23K | — | 150x | as long as short |
| Injective FET/USDC PERP | +0.0033% | 1h | 0.2010 | −2.805% | $3K | $166K | 12x | as long as short |
| Aster FETUSDTshort | +0.0100% | 8h | 0.2060 | −0.387% | $216K | $771K | 10x | |
| Binance FETUSDT | +0.0100% | 8h | 0.2060 | −0.395% | $32.0M | $112.2M | 75x | as long as short |
| Gate FET_USDT | +0.0100% | 8h | 0.2059 | −0.435% | $2.8M | $12.5M | 50x | as long as short |
| MEXC FET_USDT | +0.0100% | 8h | 0.2058 | −0.484% | $30.8M | $24.3M | 200x | as long as short |
| KuCoin FETUSDTM | +0.0100% | 8h | 0.2060 | −0.387% | $10.8M | $18.8M | 50x | as long as short |
| Variational Omni FET | +0.0100% | 8h | 0.2063 | −0.236% | $346K | $424K | — | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_FET_USDC | +0.0100% | 8h | 0.2060 | −0.387% | $39K | $7K | 10x | as long as short |
| Extended FET-USD | +0.0104% | 1h | 0.2059 | −0.440% | $34K | $252K | 10x | as long as short |
| Kraken Futures PF_FETUSD | +0.0113% | 1h | 0.2062 | −0.301% | $1.0M | $2.2M | 50x | as long as short |
| GMX FET/USD [ETH-USDC] | L +0.0202% / S −0.0278% | 1h | 0.2060 | −0.372% | $14K | — | 100x | as long as short |
| BloFin FET-USDT | +0.0220% | 8h | 0.2064 | −0.193% | $1.7M | $3.0M | 100x | as long as short |
| OKX FET-USDT-SWAP | +0.0271% | 4h | 0.2062 | −0.290% | $1.1M | $8.3M | 20x | as long as short |
| BingX FET-USDT | +0.0393% | 8h | 0.2060 | −0.387% | — | $5.9M | — | as long as short |
| Bitget FETUSDT | +0.0405% | 8h | 0.2062 | −0.290% | $16.8M | $11.8M | 75x | as long as short |
| Hyperliquid FET | +0.0621% | 1h | 0.2060 | −0.377% | $9.0M | $8.4M | 5x | as long as short |
| Phoenix FET | +0.0669% | 1h | 0.2046 | −1.044% | $36K | $39K | 5x | as long as short |
Coinbase International FET-PERP-INTX
Aster FETUSDT
Deribit FET_USDC-PERPETUAL
gTrade (Gains Network) FET/USD
Injective FET/USDC PERP
Binance FETUSDT
Gate FET_USDT
MEXC FET_USDT
KuCoin FETUSDTM
Variational Omni FET
Extended FET-USD
Kraken Futures PF_FETUSD
GMX FET/USD [ETH-USDC]
BloFin FET-USDT
OKX FET-USDT-SWAP
BingX FET-USDT
Bitget FETUSDT
Hyperliquid FET
Phoenix FET