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
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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended FET-USD | 0.2017 | 0.0104 | pay 0.0013% / 1h | 16m 42s | $32K | $144K | 10x |
| Short | Bitget FETUSDT | 0.2019 | 0.0212 | get 0.0212% / 8h | 2h 16m | $16.5M | $11.4M | 75x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Extended live order book, 4 min ago | 9.17 bp | 18.0 bp −$18 | 140.9 bp −$1,409 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 2.48 bp | 11.5 bp −$12 | 24.3 bp −$243 | 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-PERPETUAL | −0.4679% | 1h | 0.2019 | +0.113% | $27K | $209K | 10x | as long as short |
| Coinbase International FET-PERP-INTX | −0.0480% | 1h | 0.2022 | +0.261% | $161K | $189K | 50x | as long as short |
| Gate FET_USDT | −0.0020% | 8h | 0.2016 | −0.036% | $2.7M | $11.8M | 50x | as long as short |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0012% | 1h | 0.2020 | +0.150% | $32K | — | 150x | as long as short |
| Kraken Futures PF_FETUSD | +0.0032% | 1h | 0.2022 | +0.244% | $1.0M | $2.1M | 50x | as long as short |
| Aster FETUSDT | +0.0100% | 8h | 0.2018 | +0.055% | $347K | $529K | 10x | as long as short |
| Binance FETUSDT | +0.0100% | 8h | 0.2017 | +0.014% | $31.5M | $107.2M | 75x | as long as short |
| OKX FET-USDT-SWAP | +0.0100% | 4h | 0.2019 | +0.113% | $860K | $7.6M | 20x | as long as short |
| MEXC FET_USDT | +0.0100% | 8h | 0.2018 | +0.063% | $34.9M | $25.4M | 200x | as long as short |
| KuCoin FETUSDTM | +0.0100% | 8h | 0.2017 | +0.014% | $10.4M | $19.1M | 50x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni FET | +0.0100% | 8h | 0.2019 | +0.132% | $274K | $315K | — | as long as short |
| Orderly PERP_FET_USDC | +0.0100% | 8h | 0.2017 | +0.014% | $37K | $5K | 10x | as long as short |
| Extended FET-USDlong | +0.0104% | 1h | 0.2017 | long leg | $32K | $144K | 10x | |
| BingX FET-USDT | +0.0193% | 8h | 0.2019 | +0.113% | — | $5.6M | — | as long as short |
| GMX FET/USD [ETH-USDC] | L +0.0201% / S −0.0278% | 1h | 0.2019 | +0.099% | $13K | — | 100x | as long as short |
| Bitget FETUSDTshort | +0.0212% | 8h | 0.2019 | +0.113% | $16.5M | $11.4M | 75x | |
| Hyperliquid FET | +0.0220% | 1h | 0.2018 | +0.070% | $9.0M | $7.7M | 5x | as long as short |
| BloFin FET-USDT | +0.0220% | 8h | 0.2020 | +0.162% | $1.7M | $2.6M | 100x | as long as short |
| Injective FET/USDC PERP | +0.0371% | 1h | 0.2010 | −0.334% | $3K | $166K | 12x | as long as short |
| Phoenix FET | +0.0476% | 1h | 0.2021 | +0.207% | $27K | $37K | 5x | as long as short |
Extended FET-USD
Bitget FETUSDT
Deribit FET_USDC-PERPETUAL
Coinbase International FET-PERP-INTX
Gate FET_USDT
gTrade (Gains Network) FET/USD
Kraken Futures PF_FETUSD
Aster FETUSDT
Binance FETUSDT
OKX FET-USDT-SWAP
MEXC FET_USDT
KuCoin FETUSDTM
Variational Omni FET
BingX FET-USDT
GMX FET/USD [ETH-USDC]
Hyperliquid FET
BloFin FET-USDT
Injective FET/USDC PERP
Phoenix FET