FET

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.072%

Price spread now: Binance against Hyperliquid−0.079%7-day average −0.060% · you buy dearer than you sell

Net, funding: paid 7d − costs−$60as in the Funding arb table

Net, price: spread back to 7d avg − costs−$43as in the Price arb table

costs, in and out, $10k−$410.408% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.194%−$19 on $10k

Price spread, last 7 days+0.043%+$4 · spread now −0.079%, 7d avg −0.060%

Together, before fees−0.151%+ Points / potential airdropHyperliquid: Season 2 · farm board−$15 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid FET	0.2004	0.0100	pay 0.0013% / 1h	50m 03s	$8.8M	$7.8M	5x
Short	Binance FETUSDT	0.2002	0.0100	get 0.0100% / 8h	1h 50m	$31.3M	$107.2M	75x

Funding history

latest

Range statsloading…

Binance against Hyperliquid. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee HyperliquidbpFee BinancebpOrdersPrice spread, now −0.079%Rate

Slippage from Hyperliquid: live order book, 2 min ago; Binance: live order book, 8 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Hyperliquid live order book, 2 min ago	0.75 bp	9.1 bp −$9	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 8 min ago	2.49 bp	9.6 bp −$10	20.2 bp −$202	120.3 bp −$12.0K	doesn't fit

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	−0.4225%	1h	0.2002	−0.075%	$27K	$200K	10x	as long as short
Coinbase International FET-PERP-INTX	−0.0744%	1h	0.2019	+0.774%	$158K	$191K	50x	as long as short
gTrade (Gains Network) FET/USD	L +0.0006% / S −0.0012%	1h	0.2005	+0.058%	$31K	—	150x	as long as short
Gate FET_USDT	+0.0025%	8h	0.2000	−0.175%	$2.7M	$11.8M	50x	as long as short
Hyperliquid FETlong	+0.0100%	1h	0.2004	long leg	$8.8M	$7.8M	5x
Aster FETUSDT	+0.0100%	8h	0.2003	−0.044%	$339K	$533K	10x	as long as short
Binance FETUSDTshort	+0.0100%	8h	0.2002	−0.079%	$31.3M	$107.2M	75x
MEXC FET_USDT	+0.0100%	8h	0.2001	−0.125%	$34.5M	$25.1M	200x	as long as short
KuCoin FETUSDTM	+0.0100%	8h	0.2001	−0.125%	$10.3M	$19.1M	50x	as long as short
Variational Omni FET	+0.0100%	8h	0.2006	+0.141%	$273K	$316K	—	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_FET_USDC	+0.0100%	8h	0.2001	−0.125%	$37K	$5K	10x	as long as short
Extended FET-USD	+0.0104%	1h	0.2002	−0.095%	$33K	$189K	10x	as long as short
OKX FET-USDT-SWAP	+0.0137%	4h	0.2003	−0.025%	$851K	$7.5M	20x	as long as short
GMX FET/USD [ETH-USDC]	L +0.0200% / S −0.0278%	1h	0.2003	−0.043%	$13K	—	100x	as long as short
BloFin FET-USDT	+0.0220%	8h	0.2005	+0.075%	$1.7M	$2.6M	100x	as long as short
BingX FET-USDT	+0.0263%	8h	0.2003	−0.025%	—	$5.6M	—	as long as short
Bitget FETUSDT	+0.0284%	8h	0.2004	+0.025%	$16.3M	$11.3M	75x	as long as short
Kraken Futures PF_FETUSD	+0.0361%	1h	0.2005	+0.064%	$1.0M	$2.2M	50x	as long as short
Injective FET/USDC PERP	+0.0553%	1h	0.2010	+0.324%	$3K	$166K	12x	as long as short
Phoenix FET	+0.0599%	1h	0.2015	+0.569%	$27K	$36K	5x	as long as short