Funding you earn now, next payment 20:00 UTC+0.0268%/8h= +29.3% APRpaid last 24h −0.043%
Price spread now: Variational Omni against Coinbase International−0.272%7-day average −0.327% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.357%−$36 on $10k
+Price spread, last 3 days (all we have)+0.551%+$55 · spread now −0.272%, 7d avg −0.327%
=Together, before fees+0.194%+ Points / potential airdropVariational Omni: Active · farm board+$19 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Variational Omni is 0.055% dearer against Coinbase International than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.327%. Mind the row above: over the last 3 days funding on this pair cost −0.357%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International FET-PERP-INTX | 0.2020 | −0.0168 | get 0.0021% / 1h | 17m 13s | $166K | $185K | 50x |
| Short | Variational Omni FET | 0.2015 | 0.0100 | get 0.0100% / 8h | 3h 17m | $272K | $313K | — |
Coinbase International FET-PERP-INTX
Variational Omni FETFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- $56.28
- Price spread: −0.272% → −0.327%
- $5.52
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $51.8
- Costs to cover
- 0.100%
- Break-even
- 0.6 days
Slippage unknown: Coinbase International: live order book, 10 min ago; Variational Omni: RFQ quote, 11 min ago. Net counts fees only.
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, 10 min ago | 9.87 bp | 83.2 bp −$83 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 11 min ago | 7.35 bp | doesn't fit | 36.8 bp −$368 | 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 | −0.3706% | 1h | 0.2014 | −0.297% | $16K | $219K | 10x | as long as short |
| Kraken Futures PF_FETUSD | −0.0469% | 1h | 0.2018 | −0.118% | $1.1M | $2.1M | 50x | as long as short |
| Gate FET_USDT | −0.0177% | 8h | 0.2012 | −0.396% | $2.7M | $11.8M | 50x | as long as short |
| Coinbase International FET-PERP-INTXlong | −0.0168% | 1h | 0.2020 | long leg | $166K | $185K | 50x | |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0012% | 1h | 0.2015 | −0.258% | $32K | — | 150x | as long as short |
| Orderly PERP_FET_USDC | +0.0081% | 8h | 0.2011 | −0.446% | $37K | $5K | 10x | as long as short |
| Hyperliquid FET | +0.0100% | 1h | 0.2017 | −0.168% | $9.1M | $7.2M | 5x | as long as short |
| Aster FETUSDT | +0.0100% | 8h | 0.2013 | −0.367% | $346K | $527K | 10x | as long as short |
| Binance FETUSDT | +0.0100% | 8h | 0.2014 | −0.297% | $31.4M | $107.9M | 75x | as long as short |
| OKX FET-USDT-SWAP | +0.0100% | 4h | 0.2017 | −0.149% | $858K | $7.5M | 20x | as long as short |
Deribit FET_USDC-PERPETUAL
Kraken Futures PF_FETUSD
Gate FET_USDT
gTrade (Gains Network) FET/USD
Orderly PERP_FET_USDC
Hyperliquid FET
Aster FETUSDT
Binance FETUSDT
OKX FET-USDT-SWAPShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC FET_USDT | +0.0100% | 8h | 0.2013 | −0.347% | $36.6M | $25.3M | 200x | as long as short |
| KuCoin FETUSDTM | +0.0100% | 8h | 0.2011 | −0.446% | $10.4M | $18.7M | 50x | as long as short |
| Bitget FETUSDT | +0.0100% | 8h | 0.2016 | −0.198% | $16.5M | $11.4M | 75x | as long as short |
| BingX FET-USDT | +0.0100% | 8h | 0.2014 | −0.297% | — | $5.6M | — | as long as short |
| Variational Omni FETshort | +0.0100% | 8h | 0.2015 | −0.272% | $272K | $313K | — | |
| Extended FET-USD | +0.0104% | 1h | 0.2013 | −0.357% | $32K | $144K | 10x | as long as short |
| GMX FET/USD [ETH-USDC] | L +0.0200% / S −0.0278% | 1h | 0.2011 | −0.424% | $13K | — | 100x | as long as short |
| BloFin FET-USDT | +0.0220% | 8h | 0.2012 | −0.396% | $1.7M | $2.6M | 100x | as long as short |
| Phoenix FET | +0.0395% | 1h | 0.2014 | −0.287% | $27K | $54K | 5x | as long as short |
| Injective FET/USDC PERP | +0.0726% | 1h | 0.2030 | +0.495% | $3K | $118K | 12x | as long as short |
MEXC FET_USDT
KuCoin FETUSDTM
Bitget FETUSDT
BingX FET-USDT
Extended FET-USD
GMX FET/USD [ETH-USDC]
BloFin FET-USDT
Phoenix FET
Injective FET/USDC PERP