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

FET

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0116%/8h= +12.7% APRpaid last 24h +0.035%
Price spread now: BloFin against Extended+0.078%7-day average +0.084% · you sell dearer than you buy
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$560.565% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.264%+$26 on $10k
Price spread, last 4 days (all we have)−0.130%−$13 · spread now +0.078%, 7d avg +0.084%
Together, before fees+0.134%+ Points / potential airdropExtended: Active · farm board+$13 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.084%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended FET-USD0.20220.0104pay 0.0013% / 1h0m 50s$33K$250K10x
ShortBloFin FET-USDT0.20240.0220get 0.0220% / 8h4h 00m$1.7M$3.2M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$24.36
Price spread: +0.078% → +0.084%
−$0.53
Slippage, 4 orders
−$39.46
Fee Extended: 2.5 bp × 2 orders
−$5
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$32.63
Costs to cover
0.565%
Break-even
16.4 days
Slippage from Extended: live order book, 56 min ago; BloFin: 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, 56 min ago8.03 bp15.7 bp −$16119.0 bp −$1,190doesn't fitdoesn't fit
Sell BloFin live order book, 2 min ago2.48 bp8.5 bp −$820.6 bp −$20684.3 bp −$8,432doesn'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−0.3691%1h0.2022−0.020%$38K$307K10xas long as short
Coinbase International FET-PERP-INTX−0.0984%1h0.2024+0.078%$146K$247K50xas long as short
Kraken Futures PF_FETUSD−0.0454%1h0.2025+0.111%$999K$2.2M50xas long as short
gTrade (Gains Network) FET/USDL +0.0006% / S −0.0011%1h0.2021−0.048%$33K150xas long as short
Injective FET/USDC PERP+0.0033%1h0.2010−0.614%$3K$166K12xas long as short
Aster FETUSDT+0.0100%8h0.2022−0.030%$195K$812K10xas long as short
Binance FETUSDT+0.0100%8h0.2023+0.029%$31.0M$113.2M75xas long as short
Gate FET_USDT+0.0100%8h0.2021−0.070%$2.7M$12.6M50xas long as short
MEXC FET_USDT+0.0100%8h0.2023+0.029%$31.4M$24.8M200xas long as short
KuCoin FETUSDTM+0.0100%8h0.2023+0.029%$10.6M$18.7M50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni FET+0.0100%8h0.2024+0.086%$339K$418Kas long as short
Orderly PERP_FET_USDC+0.0100%8h0.2021−0.070%$38K$7K10xas long as short
Extended FET-USDlong+0.0104%1h0.2022long leg$33K$250K10x
GMX FET/USD [ETH-USDC]L +0.0201% / S −0.0278%1h0.2021−0.081%$13K100xas long as short
BloFin FET-USDTshort+0.0220%8h0.2024+0.078%$1.7M$3.2M100x
OKX FET-USDT-SWAP+0.0249%4h0.2025+0.128%$1.0M$8.2M20xas long as short
BingX FET-USDT+0.0250%8h0.2022−0.020%$5.9Mas long as short
Bitget FETUSDT+0.0264%8h0.2023+0.029%$16.4M$11.8M75xas long as short
Hyperliquid FET+0.0302%1h0.2024+0.059%$8.8M$8.4M5xas long as short
Phoenix FET+0.0505%1h0.2021−0.095%$35K$39K5xas long as short