Funding you earn now, next payment 01:00 UTC+0.2783%/8h= +304.7% APRpaid last 24h +0.409%
Price spread now: Aster against Deribit+0.075%7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$620.620% of the position
Funding, last 5 days (all we have)+0.168%+$17 on $10k
+Price spread, last 3 days (all we have)+0.029%+$3 · spread now +0.075%, 7d avg +0.037%
=Together, before fees+0.197%+ Points / potential airdropAster: Stage 5 · farm board+$20 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$83 a day on $10k at the current rate, and Aster is 0.038% dearer against Deribit than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.037%.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid 0.168% in total (about 11.5% 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 | Deribit FET_USDC-PERPETUAL | 0.2040 | −0.2683 | get 0.0335% / 1h | 46m 12s | $29K | $202K | 10x |
| Short | Aster FETUSDT | 0.2042 | 0.0100 | get 0.0100% / 8h | 7h 46m | $339K | $542K | 10x |
Deribit FET_USDC-PERPETUAL
Aster FETUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Deribit. 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
- $584.34
- Price spread: +0.075% → +0.037%
- $3.77
- Slippage, 4 orders
- −$47.04
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- $526.07
- Costs to cover
- 0.620%
- Break-even
- 0.7 days
Slippage from Deribit: live order book, 27 min ago; Aster: live order book, 26 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 Deribit live order book, 27 min ago | 4.90 bp | 8.4 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 26 min ago | 14.68 bp | 18.7 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-PERPETUALlong | −0.2683% | 1h | 0.2040 | long leg | $29K | $202K | 10x | |
| Kraken Futures PF_FETUSD | −0.1266% | 1h | 0.2044 | +0.172% | $990K | $2.2M | 50x | as long as short |
| Coinbase International FET-PERP-INTX | −0.0704% | 1h | 0.2040 | 0.000% | $151K | $206K | 50x | as long as short |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0013% | 1h | 0.2041 | +0.030% | $32K | — | 150x | as long as short |
| Injective FET/USDC PERP | +0.0033% | 1h | 0.2010 | −1.471% | $3K | $166K | 12x | as long as short |
| Aster FETUSDTshort | +0.0100% | 8h | 0.2042 | +0.075% | $339K | $542K | 10x | |
| Binance FETUSDT | +0.0100% | 8h | 0.2041 | +0.050% | $31.9M | $109.7M | 75x | as long as short |
| Gate FET_USDT | +0.0100% | 8h | 0.2040 | 0.000% | $2.8M | $11.9M | 50x | as long as short |
| MEXC FET_USDT | +0.0100% | 8h | 0.2039 | −0.049% | $34.4M | $24.8M | 200x | as long as short |
| KuCoin FETUSDTM | +0.0100% | 8h | 0.2043 | +0.147% | $10.8M | $19.2M | 50x | as long as short |
Kraken Futures PF_FETUSD
Coinbase International FET-PERP-INTX
gTrade (Gains Network) FET/USD
Injective FET/USDC PERP
Binance FETUSDT
Gate FET_USDT
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 | 0.2041 | +0.058% | $359K | $399K | — | as long as short |
| Orderly PERP_FET_USDC | +0.0100% | 8h | 0.2040 | 0.000% | $38K | $6K | 10x | as long as short |
| Extended FET-USD | +0.0104% | 1h | 0.2041 | +0.029% | $33K | $214K | 10x | as long as short |
| GMX FET/USD [ETH-USDC] | L +0.0201% / S −0.0278% | 1h | 0.2040 | −0.008% | $14K | — | 100x | as long as short |
| BloFin FET-USDT | +0.0220% | 8h | 0.2043 | +0.147% | $1.7M | $2.7M | 100x | as long as short |
| Hyperliquid FET | +0.0234% | 1h | 0.2042 | +0.098% | $9.0M | $8.0M | 5x | as long as short |
| BingX FET-USDT | +0.0286% | 8h | 0.2045 | +0.245% | — | $5.7M | — | as long as short |
| Bitget FETUSDT | +0.0302% | 8h | 0.2044 | +0.196% | $16.5M | $11.6M | 75x | as long as short |
| OKX FET-USDT-SWAP | +0.0306% | 4h | 0.2044 | +0.196% | $1.0M | $7.9M | 20x | as long as short |
| Phoenix FET | +0.0467% | 1h | 0.2038 | −0.113% | $35K | $45K | 5x | as long as short |
Variational Omni FET
Orderly PERP_FET_USDC
Extended FET-USD
GMX FET/USD [ETH-USDC]
BloFin FET-USDT
Hyperliquid FET
BingX FET-USDT
Bitget FETUSDT
OKX FET-USDT-SWAP
Phoenix FET