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

FET

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Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0108%/8h= +11.8% APRpaid last 24h −0.001%
Price spread now: Bitget against Extended+0.113%7-day average +0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$640.641% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.094%+$9 on $10k
Price spread, last 4 days (all we have)−0.100%−$10 · spread now +0.113%, 7d avg +0.044%
Together, before fees−0.006%+ Points / potential airdropExtended: Active · farm board−$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Bitget is 0.069% dearer against Extended than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.044%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended FET-USD0.20170.0104pay 0.0013% / 1h16m 42s$32K$144K10x
ShortBitget FETUSDT0.20190.0212get 0.0212% / 8h2h 16m$16.5M$11.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
$22.68
Price spread: +0.113% → +0.044%
$6.88
Slippage, 4 orders
−$47.09
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$34.53
Costs to cover
0.641%
Break-even
17.7 days
Slippage from Extended: live order book, 4 min ago; Bitget: live order book, 2 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, 4 min ago9.17 bp18.0 bp −$18140.9 bp −$1,409doesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago2.48 bp11.5 bp −$1224.3 bp −$243doesn'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−0.4679%1h0.2019+0.113%$27K$209K10xas long as short
Coinbase International FET-PERP-INTX−0.0480%1h0.2022+0.261%$161K$189K50xas long as short
Gate FET_USDT−0.0020%8h0.2016−0.036%$2.7M$11.8M50xas long as short
gTrade (Gains Network) FET/USDL +0.0006% / S −0.0012%1h0.2020+0.150%$32K150xas long as short
Kraken Futures PF_FETUSD+0.0032%1h0.2022+0.244%$1.0M$2.1M50xas long as short
Aster FETUSDT+0.0100%8h0.2018+0.055%$347K$529K10xas long as short
Binance FETUSDT+0.0100%8h0.2017+0.014%$31.5M$107.2M75xas long as short
OKX FET-USDT-SWAP+0.0100%4h0.2019+0.113%$860K$7.6M20xas long as short
MEXC FET_USDT+0.0100%8h0.2018+0.063%$34.9M$25.4M200xas long as short
KuCoin FETUSDTM+0.0100%8h0.2017+0.014%$10.4M$19.1M50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni FET+0.0100%8h0.2019+0.132%$274K$315Kas long as short
Orderly PERP_FET_USDC+0.0100%8h0.2017+0.014%$37K$5K10xas long as short
Extended FET-USDlong+0.0104%1h0.2017long leg$32K$144K10x
BingX FET-USDT+0.0193%8h0.2019+0.113%$5.6Mas long as short
GMX FET/USD [ETH-USDC]L +0.0201% / S −0.0278%1h0.2019+0.099%$13K100xas long as short
Bitget FETUSDTshort+0.0212%8h0.2019+0.113%$16.5M$11.4M75x
Hyperliquid FET+0.0220%1h0.2018+0.070%$9.0M$7.7M5xas long as short
BloFin FET-USDT+0.0220%8h0.2020+0.162%$1.7M$2.6M100xas long as short
Injective FET/USDC PERP+0.0371%1h0.2010−0.334%$3K$166K12xas long as short
Phoenix FET+0.0476%1h0.2021+0.207%$27K$37K5xas long as short