Funding you earn now, next payment 00:00 UTC+0.0189%/8h= +20.7% APRpaid last 24h −0.001%
Price spread now: OKX against Extended+0.168%7-day average +0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$690.685% of the position
Funding, last 7 days+0.007%+$1 on $10k
+Price spread, last 4 days (all we have)−0.195%−$20 · spread now +0.168%, 7d avg +0.033%
=Together, before fees−0.189%+ Points / potential airdropExtended: Active · farm board−$19 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and OKX is 0.135% dearer against Extended than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.033%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.007% in total (about 0.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended FET-USD | 0.2036 | 0.0104 | pay 0.0013% / 1h | 5m 39s | $33K | $191K | 10x |
| Short | OKX FET-USDT-SWAP | 0.2039 | 0.0293 | get 0.0147% / 4h | 5m 39s | $994K | $7.9M | 20x |
Extended FET-USD
OKX FET-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $39.73
- Price spread: +0.168% → +0.033%
- $13.52
- Slippage, 4 orders
- −$53.53
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$15.28
- Costs to cover
- 0.685%
- Break-even
- 9.7 days
Slippage from Extended: live order book, 6 min ago; OKX: 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, 6 min ago | 8.08 bp | 16.7 bp −$17 | 161.0 bp −$1,610 | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 2.45 bp | 19.6 bp −$20 | 59.7 bp −$597 | 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 | −0.2693% | 1h | 0.2033 | −0.126% | $29K | $201K | 10x | as long as short |
| Coinbase International FET-PERP-INTX | −0.0728% | 1h | 0.2043 | +0.365% | $152K | $207K | 50x | as long as short |
| Kraken Futures PF_FETUSD | −0.0478% | 1h | 0.2038 | +0.131% | $995K | $2.2M | 50x | as long as short |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0013% | 1h | 0.2033 | −0.145% | $32K | — | 150x | as long as short |
| Injective FET/USDC PERP | +0.0033% | 1h | 0.2010 | −1.256% | $3K | $166K | 12x | as long as short |
| Gate FET_USDT | +0.0057% | 8h | 0.2034 | −0.077% | $2.8M | $12.2M | 50x | as long as short |
| Aster FETUSDT | +0.0100% | 8h | 0.2037 | +0.076% | $338K | $544K | 10x | as long as short |
| Binance FETUSDT | +0.0100% | 8h | 0.2036 | +0.021% | $31.8M | $109.3M | 75x | as long as short |
| MEXC FET_USDT | +0.0100% | 8h | 0.2036 | +0.021% | $34.4M | $25.1M | 200x | as long as short |
| KuCoin FETUSDTM | +0.0100% | 8h | 0.2036 | +0.021% | $10.7M | $19.2M | 50x | as long as short |
Deribit FET_USDC-PERPETUAL
Coinbase International FET-PERP-INTX
Kraken Futures PF_FETUSD
gTrade (Gains Network) FET/USD
Injective FET/USDC PERP
Gate FET_USDT
Aster FETUSDT
Binance FETUSDT
MEXC FET_USDT
KuCoin FETUSDTMShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni FET | +0.0100% | 8h | 0.2033 | −0.115% | $358K | $399K | — | as long as short |
| Orderly PERP_FET_USDC | +0.0100% | 8h | 0.2033 | −0.126% | $38K | $6K | 10x | as long as short |
| Extended FET-USDlong | +0.0104% | 1h | 0.2036 | long leg | $33K | $191K | 10x | |
| GMX FET/USD [ETH-USDC] | L +0.0201% / S −0.0278% | 1h | 0.2032 | −0.174% | $14K | — | 100x | as long as short |
| BloFin FET-USDT | +0.0220% | 8h | 0.2039 | +0.168% | $1.7M | $2.7M | 100x | as long as short |
| BingX FET-USDT | +0.0287% | 8h | 0.2036 | +0.021% | — | $5.7M | — | as long as short |
| OKX FET-USDT-SWAPshort | +0.0293% | 4h | 0.2039 | +0.168% | $994K | $7.9M | 20x | |
| Bitget FETUSDT | +0.0299% | 8h | 0.2039 | +0.168% | $16.4M | $11.5M | 75x | as long as short |
| Hyperliquid FET | +0.0411% | 1h | 0.2038 | +0.134% | $9.0M | $8.0M | 5x | as long as short |
| Phoenix FET | +0.0508% | 1h | 0.2047 | +0.586% | $36K | $45K | 5x | as long as short |
Variational Omni FET
Orderly PERP_FET_USDC
GMX FET/USD [ETH-USDC]
BloFin FET-USDT
BingX FET-USDT
Bitget FETUSDT
Hyperliquid FET
Phoenix FET