Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against KuCoin+0.032%7-day average −0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$720.722% of the position
Funding, last 7 days−0.099%−$10 on $10k
+Price spread, last 4 days (all we have)−0.099%−$10 · spread now +0.032%, 7d avg −0.048%
=Together, before fees−0.198%+ Points / potential airdropExtended: Active · farm board−$20 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.080% dearer against KuCoin than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.048%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin FETUSDTM | 0.2022 | 0.0100 | pay 0.0100% / 8h | 2h 25m | $10.5M | $19.0M | 50x |
| Short | Extended FET-USD | 0.2023 | 0.0104 | get 0.0013% / 1h | 25m 29s | $32K | $144K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against KuCoin. 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
- $0.84
- Price spread: +0.032% → −0.048%
- $8.01
- Slippage, 4 orders
- −$55.24
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$63.39
- Costs to cover
- 0.722%
- Break-even
- 535.2 days
Slippage from KuCoin: live order book, 3 min ago; Extended: live order book, 60 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 KuCoin live order book, 3 min ago | 4.98 bp | 22.8 bp −$23 | 43.0 bp −$430 | doesn't fit | doesn't fit |
| Sell Extended live order book, 60 min ago | 7.67 bp | 10.2 bp −$10 | 34.4 bp −$344 | 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 | −0.3697% | 1h | 0.2019 | −0.148% | $27K | $230K | 10x | as long as short |
| Coinbase International FET-PERP-INTX | −0.0480% | 1h | 0.2022 | 0.000% | $161K | $189K | 50x | as long as short |
| Gate FET_USDT | −0.0041% | 8h | 0.2021 | −0.049% | $2.7M | $11.8M | 50x | as long as short |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0012% | 1h | 0.2021 | −0.036% | $32K | — | 150x | as long as short |
| Kraken Futures PF_FETUSD | +0.0032% | 1h | 0.2023 | +0.072% | $1.0M | $2.1M | 50x | as long as short |
| Aster FETUSDT | +0.0100% | 8h | 0.2025 | +0.131% | $348K | $527K | 10x | as long as short |
| Binance FETUSDT | +0.0100% | 8h | 0.2021 | −0.049% | $31.5M | $107.2M | 75x | as long as short |
| OKX FET-USDT-SWAP | +0.0100% | 4h | 0.2024 | +0.099% | $861K | $7.6M | 20x | as long as short |
| MEXC FET_USDT | +0.0100% | 8h | 0.2021 | −0.049% | $35.1M | $25.3M | 200x | as long as short |
| KuCoin FETUSDTMlong | +0.0100% | 8h | 0.2022 | long leg | $10.5M | $19.0M | 50x |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni FET | +0.0100% | 8h | 0.2005 | −0.820% | $271K | $315K | — | as long as short |
| Orderly PERP_FET_USDC | +0.0100% | 8h | 0.2020 | −0.099% | $37K | $5K | 10x | as long as short |
| Extended FET-USDshort | +0.0104% | 1h | 0.2023 | +0.032% | $32K | $144K | 10x | |
| BingX FET-USDT | +0.0169% | 8h | 0.2023 | +0.049% | — | $5.6M | — | as long as short |
| Bitget FETUSDT | +0.0188% | 8h | 0.2024 | +0.099% | $16.5M | $11.4M | 75x | as long as short |
| GMX FET/USD [ETH-USDC] | L +0.0201% / S −0.0278% | 1h | 0.2019 | −0.127% | $13K | — | 100x | as long as short |
| Hyperliquid FET | +0.0215% | 1h | 0.2024 | +0.114% | $9.1M | $7.6M | 5x | as long as short |
| BloFin FET-USDT | +0.0220% | 8h | 0.2009 | −0.643% | $1.7M | $2.6M | 100x | as long as short |
| Injective FET/USDC PERP | +0.0371% | 1h | 0.2030 | +0.396% | $3K | $118K | 12x | as long as short |
| Phoenix FET | +0.0476% | 1h | 0.2023 | +0.030% | $27K | $37K | 5x | as long as short |
KuCoin FETUSDTM
Extended FET-USD
Deribit FET_USDC-PERPETUAL
Coinbase International FET-PERP-INTX
Gate FET_USDT
gTrade (Gains Network) FET/USD
Kraken Futures PF_FETUSD
Aster FETUSDT
Binance FETUSDT
OKX FET-USDT-SWAP
MEXC FET_USDT
Variational Omni FET
BingX FET-USDT
Bitget FETUSDT
GMX FET/USD [ETH-USDC]
Hyperliquid FET
BloFin FET-USDT
Injective FET/USDC PERP
Phoenix FET