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

FET

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended FET-USD0.20010.0104pay 0.0013% / 1h43m 15s$33K$202K10x
ShortBinance FETUSDT0.19990.0103get 0.0103% / 8h1h 43m$30.5M$115.1M75x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 63 min ago9.06 bp17.8 bp −$18144.9 bp −$1,449doesn't fitdoesn't fit
Sell Binance live order book, 15 min ago2.48 bp12.3 bp −$1223.1 bp −$231127.3 bp −$12.7Kdoesn'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−0.4230%1h0.2000−0.026%$41K$312K10xas long as short
Coinbase International FET-PERP-INTX−0.0688%1h0.2005+0.223%$150K$263K50xas long as short
gTrade (Gains Network) FET/USDL +0.0006% / S −0.0004%1h0.2000−0.021%$20K150xas long as short
Injective FET/USDC PERP+0.0033%1h0.2010+0.473%$3K$166K12xas long as short
Aster FETUSDT+0.0100%8h0.2001+0.006%$190K$817K10xas long as short
Gate FET_USDT+0.0100%8h0.2000−0.026%$2.6M$12.8M50xas long as short
KuCoin FETUSDTM+0.0100%8h0.2001+0.024%$10.4M$18.4M50xas long as short
Variational Omni FET+0.0100%8h0.1998−0.119%$284K$491Kas long as short
Orderly PERP_FET_USDC+0.0100%8h0.1999−0.076%$37K$7K10xas long as short
MEXC FET_USDT+0.0103%8h0.2001+0.024%$29.2M$25.2M200xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance FETUSDTshort+0.0103%8h0.1999−0.076%$30.5M$115.1M75x
Extended FET-USDlong+0.0104%1h0.2001long leg$33K$202K10x
BingX FET-USDT+0.0192%8h0.2001+0.024%$5.9Mas long as short
Bitget FETUSDT+0.0194%8h0.2002+0.073%$16.3M$11.9M75xas long as short
GMX FET/USD [ETH-USDC]L +0.0201% / S −0.0301%1h0.1999−0.058%$13K100xas long as short
BloFin FET-USDT+0.0223%8h0.2000−0.026%$1.7M$3.2M100xas long as short
OKX FET-USDT-SWAP+0.0440%4h0.1999−0.076%$986K$8.2M20xas long as short
Hyperliquid FET+0.0613%1h0.2002+0.063%$8.5M$8.4M5xas long as short
Phoenix FET+0.0635%1h0.1999−0.076%$35K$38K5xas long as short
Kraken Futures PF_FETUSD+0.0649%1h0.2002+0.053%$1.0M$2.1M50xas long as short