Settings8H · net · $10k
Funding arb · Price arb /

FET

all FET markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Aster against Extended−0.080%7-day average +0.068% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$790.791% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)+0.021%+$2 on $10k
Price spread, last 4 days (all we have)+0.173%+$17 · spread now −0.080%, 7d avg +0.068%
Together, before fees+0.194%+ Points / potential airdropExtended: Active · Aster: Stage 5 · farm board+$19 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.149% cheaper against Extended than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of +0.068%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended FET-USD0.20160.0104pay 0.0013% / 1h0m 44s$33K$202K10x
ShortAster FETUSDT0.20140.0100get 0.0100% / 8h2h 00m$191K$817K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Extended. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$0.84
Price spread: −0.080% → +0.068%
−$14.85
Slippage, 4 orders
−$66.08
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Aster: 4 bp × 2 orders
−$8
Net
−$94.77
Costs to cover
0.791%
Break-even
never at this rate
Slippage from Extended: live order book, 46 min ago; Aster: live order book, 47 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 46 min ago9.06 bp17.8 bp −$18144.9 bp −$1,449doesn't fitdoesn't fit
Sell Aster live order book, 47 min ago10.06 bp29.6 bp −$30281.7 bp −$2,817doesn't fitdoesn't fit

FET on 20 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit FET_USDC-PERPETUAL−0.1727%1h0.2019+0.160%$41K$312K10xas long as short
Coinbase International FET-PERP-INTX−0.1152%1h0.2023+0.359%$152K$265K50xas long as short
gTrade (Gains Network) FET/USDL +0.0006% / S −0.0004%1h0.2018+0.092%$20K150xas long as short
Injective FET/USDC PERP+0.0033%1h0.2010−0.286%$3K$166K12xas long as short
Aster FETUSDTshort+0.0100%8h0.2014−0.080%$191K$817K10x
Binance FETUSDT+0.0100%8h0.2016−0.001%$30.7M$115.0M75xas long as short
Gate FET_USDT+0.0100%8h0.2014−0.088%$2.7M$12.9M50xas long as short
MEXC FET_USDT+0.0100%8h0.2014−0.088%$30.0M$25.3M200xas long as short
KuCoin FETUSDTM+0.0100%8h0.2017+0.061%$10.5M$18.4M50xas long as short
Variational Omni FET+0.0100%8h0.2019+0.166%$287K$491Kas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_FET_USDC+0.0100%8h0.2018+0.110%$38K$7K10xas long as short
Extended FET-USDlong+0.0104%1h0.2016long leg$33K$202K10x
BingX FET-USDT+0.0194%8h0.2017+0.061%$6.0Mas long as short
GMX FET/USD [ETH-USDC]L +0.0201% / S −0.0301%1h0.2018+0.096%$13K100xas long as short
Bitget FETUSDT+0.0206%8h0.2017+0.061%$16.4M$11.9M75xas long as short
BloFin FET-USDT+0.0220%8h0.2020+0.210%$1.7M$3.2M100xas long as short
Kraken Futures PF_FETUSD+0.0455%1h0.2021+0.277%$1.0M$2.2M50xas long as short
OKX FET-USDT-SWAP+0.0463%4h0.2018+0.110%$999K$8.3M20xas long as short
Phoenix FET+0.0649%1h0.2026+0.483%$35K$37K5xas long as short
Hyperliquid FET+0.0786%1h0.2017+0.061%$8.5M$8.4M5xas long as short