Funding you earn now, next payment 07:00 UTC−0.0001%/8h= −0.1% APRpaid last 24h −0.001%
Price spread now: Binance against Extended−0.076%7-day average +0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$550.552% of the position
Funding, last 7 days+0.010%+$1 on $10k
+Price spread, last 4 days (all we have)+0.152%+$15 · spread now −0.076%, 7d avg +0.036%
=Together, before fees+0.163%+ Points / potential airdropExtended: Active · farm board+$16 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: Binance is 0.112% cheaper against Extended than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.036%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended FET-USD | 0.2001 | 0.0104 | pay 0.0013% / 1h | 43m 15s | $33K | $202K | 10x |
| Short | Binance FETUSDT | 0.1999 | 0.0103 | get 0.0103% / 8h | 1h 43m | $30.5M | $115.1M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Extended. 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
- −$0.21
- Price spread: −0.076% → +0.036%
- −$11.2
- Slippage, 4 orders
- −$40.24
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$66.64
- Costs to cover
- 0.552%
- Break-even
- never at this rate
Slippage from Extended: live order book, 63 min ago; Binance: live order book, 15 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 Extended live order book, 63 min ago | 9.06 bp | 17.8 bp −$18 | 144.9 bp −$1,449 | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 2.48 bp | 12.3 bp −$12 | 23.1 bp −$231 | 127.3 bp −$12.7K | 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 | −0.4230% | 1h | 0.2000 | −0.026% | $41K | $312K | 10x | as long as short |
| Coinbase International FET-PERP-INTX | −0.0688% | 1h | 0.2005 | +0.223% | $150K | $263K | 50x | as long as short |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0004% | 1h | 0.2000 | −0.021% | $20K | — | 150x | as long as short |
| Injective FET/USDC PERP | +0.0033% | 1h | 0.2010 | +0.473% | $3K | $166K | 12x | as long as short |
| Aster FETUSDT | +0.0100% | 8h | 0.2001 | +0.006% | $190K | $817K | 10x | as long as short |
| Gate FET_USDT | +0.0100% | 8h | 0.2000 | −0.026% | $2.6M | $12.8M | 50x | as long as short |
| KuCoin FETUSDTM | +0.0100% | 8h | 0.2001 | +0.024% | $10.4M | $18.4M | 50x | as long as short |
| Variational Omni FET | +0.0100% | 8h | 0.1998 | −0.119% | $284K | $491K | — | as long as short |
| Orderly PERP_FET_USDC | +0.0100% | 8h | 0.1999 | −0.076% | $37K | $7K | 10x | as long as short |
| MEXC FET_USDT | +0.0103% | 8h | 0.2001 | +0.024% | $29.2M | $25.2M | 200x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance FETUSDTshort | +0.0103% | 8h | 0.1999 | −0.076% | $30.5M | $115.1M | 75x | |
| Extended FET-USDlong | +0.0104% | 1h | 0.2001 | long leg | $33K | $202K | 10x | |
| BingX FET-USDT | +0.0192% | 8h | 0.2001 | +0.024% | — | $5.9M | — | as long as short |
| Bitget FETUSDT | +0.0194% | 8h | 0.2002 | +0.073% | $16.3M | $11.9M | 75x | as long as short |
| GMX FET/USD [ETH-USDC] | L +0.0201% / S −0.0301% | 1h | 0.1999 | −0.058% | $13K | — | 100x | as long as short |
| BloFin FET-USDT | +0.0223% | 8h | 0.2000 | −0.026% | $1.7M | $3.2M | 100x | as long as short |
| OKX FET-USDT-SWAP | +0.0440% | 4h | 0.1999 | −0.076% | $986K | $8.2M | 20x | as long as short |
| Hyperliquid FET | +0.0613% | 1h | 0.2002 | +0.063% | $8.5M | $8.4M | 5x | as long as short |
| Phoenix FET | +0.0635% | 1h | 0.1999 | −0.076% | $35K | $38K | 5x | as long as short |
| Kraken Futures PF_FETUSD | +0.0649% | 1h | 0.2002 | +0.053% | $1.0M | $2.1M | 50x | as long as short |
Extended FET-USD
Binance FETUSDT
Deribit FET_USDC-PERPETUAL
Coinbase International FET-PERP-INTX
gTrade (Gains Network) FET/USD
Injective FET/USDC PERP
Aster FETUSDT
Gate FET_USDT
KuCoin FETUSDTM
Variational Omni FET
MEXC FET_USDT
BingX FET-USDT
Bitget FETUSDT
GMX FET/USD [ETH-USDC]
BloFin FET-USDT
OKX FET-USDT-SWAP
Hyperliquid FET
Phoenix FET
Kraken Futures PF_FETUSD