Funding you earn now, next payment 22:00 UTC−0.0271%/8h= −29.6% APRpaid last 24h −0.028%
Price spread now: Aster against Injective−1.179%117s7-day average +0.629% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)−0.115%−$12 on $10k
+Price spread, last 3 days (all we have)+1.877%+$188 · spread now −1.179%, 7d avg +0.629%
=Together, before fees+1.761%+ Points / potential airdropAster: Stage 5 · farm board+$176 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Aster is 1.809% cheaper against Injective than usual: you would sell low and buy high (−$181 if the spread goes back to its 7-day average of +0.629%). Swap the legs. The two prices were read 117 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid -0.115% in total (about -8.1% 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 | Injective FET/USDC PERP | 0.2030 | 0.0371 | pay 0.0046% / 1h | 41m 21s | $3K | $118K | 12x |
| Short | Aster FETUSDT | 0.2006 | 0.0100 | get 0.0100% / 8h | 2h 41m | $345K | $527K | 10x |
Injective FET/USDC PERP
Aster FETUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Injective. 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
- −$56.85
- Price spread: −1.179% → +0.629%
- −$180.86
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$245.72
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; Aster: live order book, 46 min ago. Net counts fees only.
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 Injective no order-book sample | — | — | — | — | — |
| Sell Aster live order book, 46 min ago | 9.86 bp | 17.8 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.3220% | 1h | 0.2010 | −0.985% | $26K | $230K | 10x | as long as short |
| Coinbase International FET-PERP-INTX | −0.0480% | 1h | 0.2010 | −0.985% | $160K | $188K | 50x | as long as short |
| Gate FET_USDT | −0.0091% | 8h | 0.2005 | −1.232% | $2.7M | $11.8M | 50x | as long as short |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0012% | 1h | 0.2006 | −1.191% | $31K | — | 150x | as long as short |
| Kraken Futures PF_FETUSD | +0.0032% | 1h | 0.2013 | −0.848% | $1.0M | $2.1M | 50x | as long as short |
| Aster FETUSDTshort | +0.0100% | 8h | 0.2006 | −1.179% | $345K | $527K | 10x | |
| Binance FETUSDT | +0.0100% | 8h | 0.2007 | −1.146% | $31.3M | $107.0M | 75x | as long as short |
| OKX FET-USDT-SWAP | +0.0100% | 4h | 0.2009 | −1.034% | $856K | $7.5M | 20x | as long as short |
| MEXC FET_USDT | +0.0100% | 8h | 0.2005 | −1.232% | $35.2M | $25.3M | 200x | as long as short |
| KuCoin FETUSDTM | +0.0100% | 8h | 0.2006 | −1.182% | $10.4M | $19.0M | 50x | as long as short |
Deribit FET_USDC-PERPETUAL
Coinbase International FET-PERP-INTX
Gate FET_USDT
gTrade (Gains Network) FET/USD
Kraken Futures PF_FETUSD
Binance FETUSDT
OKX FET-USDT-SWAP
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 | 0.2009 | −1.059% | $273K | $315K | — | as long as short |
| Orderly PERP_FET_USDC | +0.0100% | 8h | 0.2005 | −1.232% | $37K | $5K | 10x | as long as short |
| Extended FET-USD | +0.0104% | 1h | 0.2004 | −1.300% | $32K | $144K | 10x | as long as short |
| BingX FET-USDT | +0.0123% | 8h | 0.2006 | −1.182% | — | $5.6M | — | as long as short |
| Bitget FETUSDT | +0.0133% | 8h | 0.2008 | −1.084% | $16.4M | $11.4M | 75x | as long as short |
| Hyperliquid FET | +0.0148% | 1h | 0.2008 | −1.102% | $9.0M | $7.6M | 5x | as long as short |
| GMX FET/USD [ETH-USDC] | L +0.0201% / S −0.0278% | 1h | 0.2005 | −1.229% | $13K | — | 100x | as long as short |
| BloFin FET-USDT | +0.0220% | 8h | 0.2009 | −1.034% | $1.7M | $2.6M | 100x | as long as short |
| Injective FET/USDC PERPlong | +0.0371% | 1h | 0.2030 | long leg | $3K | $118K | 12x | |
| Phoenix FET | +0.0476% | 1h | 0.2011 | −0.921% | $27K | $37K | 5x | as long as short |
Variational Omni FET
Orderly PERP_FET_USDC
Extended FET-USD
BingX FET-USDT
Bitget FETUSDT
Hyperliquid FET
GMX FET/USD [ETH-USDC]
BloFin FET-USDT
Phoenix FET