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

FET

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: KuCoin against Extended+0.045%7-day average +0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$680.684% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.095%+$9 on $10k
Price spread, last 4 days (all we have)−0.004%$0 · spread now +0.045%, 7d avg +0.049%
Together, before fees+0.090%+ Points / potential airdropExtended: Active · farm board+$9 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended FET-USD0.20420.0104pay 0.0013% / 1h1m 22s$33K$191K10x
ShortKuCoin FETUSDTM0.20430.0100get 0.0100% / 8h1m 22s$10.8M$19.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$0.84
Price spread: +0.045% → +0.049%
−$0.43
Slippage, 4 orders
−$51.38
Fee Extended: 2.5 bp × 2 orders
−$5
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$69.65
Costs to cover
0.684%
Break-even
never at this rate
Slippage from Extended: live order book, 10 min ago; KuCoin: live order book, 7 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, 10 min ago8.08 bp16.7 bp −$17161.0 bp −$1,610doesn't fitdoesn't fit
Sell KuCoin live order book, 7 min ago2.44 bp16.7 bp −$1762.4 bp −$624doesn'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−0.2191%1h0.2043+0.045%$29K$202K10xas long as short
Coinbase International FET-PERP-INTX−0.0728%1h0.2043+0.045%$152K$207K50xas long as short
Kraken Futures PF_FETUSD−0.0477%1h0.2046+0.210%$999K$2.2M50xas long as short
gTrade (Gains Network) FET/USDL +0.0006% / S −0.0013%1h0.2042−0.021%$32K150xas long as short
Injective FET/USDC PERP+0.0033%1h0.2010−1.571%$3K$166K12xas long as short
Gate FET_USDT+0.0064%8h0.2041−0.053%$2.8M$12.2M50xas long as short
Aster FETUSDT+0.0100%8h0.2044+0.097%$340K$544K10xas long as short
Binance FETUSDT+0.0100%8h0.2042−0.004%$31.9M$109.4M75xas long as short
MEXC FET_USDT+0.0100%8h0.2042−0.004%$34.5M$25.1M200xas long as short
KuCoin FETUSDTMshort+0.0100%8h0.2043+0.045%$10.8M$19.2M50x
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni FET+0.0100%8h0.2042+0.007%$359K$399Kas long as short
Orderly PERP_FET_USDC+0.0100%8h0.2041−0.053%$38K$6K10xas long as short
Extended FET-USDlong+0.0104%1h0.2042long leg$33K$191K10x
GMX FET/USD [ETH-USDC]L +0.0201% / S −0.0278%1h0.2041−0.044%$14K100xas long as short
BloFin FET-USDT+0.0220%8h0.2045+0.143%$1.7M$2.7M100xas long as short
BingX FET-USDT+0.0286%8h0.2043+0.045%$5.7Mas long as short
OKX FET-USDT-SWAP+0.0293%4h0.2046+0.192%$998K$8.0M20xas long as short
Bitget FETUSDT+0.0304%8h0.2044+0.094%$16.5M$11.6M75xas long as short
Hyperliquid FET+0.0412%1h0.2045+0.128%$9.0M$8.0M5xas long as short
Phoenix FET+0.0508%1h0.2043+0.050%$36K$45K5xas long as short