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

FET

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Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Orderly against KuCoin−0.048%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.048% cheaper against KuCoin than usual: you would sell low and buy high, −$5 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin FETUSDTM0.20750.0100pay 0.0100% / 8h4h 11m$10.9M$16.6M50x
ShortOrderly PERP_FET_USDC0.20740.0100get 0.0100% / 8h4h 11m$37K$12K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against KuCoin. 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
Price spread: −0.048% → 0.000%
−$4.82
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$22.82
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 11 min ago; Orderly: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 11 min ago2.42 bp22.8 bp −$2341.8 bp −$418doesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: 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 exchanges

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−0.3589%1h0.2076+0.048%$34K$311K10xas long as short
Coinbase International FET-PERP-INTX−0.1968%1h0.2076+0.048%$146K$274K50xas long as short
Kraken Futures PF_FETUSD−0.0238%1h0.2079+0.193%$1.0M$2.0M50xas long as short
gTrade (Gains Network) FET/USDL +0.0006% / S −0.0003%1h0.2074−0.033%$10K150xas long as short
Injective FET/USDC PERP+0.0033%1h0.2100+1.205%$2K$166K12xas long as short
Aster FETUSDT+0.0100%8h0.2075−0.021%$161K$755K10xas long as short
Binance FETUSDT+0.0100%8h0.2075+0.017%$31.7M$106.3M75xas long as short
OKX FET-USDT-SWAP+0.0100%4h0.2074−0.048%$927K$7.3M20xas long as short
Gate FET_USDT+0.0100%8h0.2074−0.048%$3.1M$12.2M50xas long as short
MEXC FET_USDT+0.0100%8h0.2074−0.048%$29.0M$25.7M200xas long as short
Show all 20 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin FETUSDTMlong+0.0100%8h0.2075long leg$10.9M$16.6M50x
Bitget FETUSDT+0.0100%8h0.2074−0.048%$16.4M$11.6M75xas long as short
BingX FET-USDT+0.0100%8h0.20750.000%$5.8Mas long as short
Variational Omni FET+0.0100%8h0.2074−0.053%$306K$616Kas long as short
Orderly PERP_FET_USDCshort+0.0100%8h0.2074−0.048%$37K$12K10x
Extended FET-USD+0.0104%1h0.2075−0.019%$34K$257K10xas long as short
GMX FET/USD [ETH-USDC]L +0.0211% / S −0.0364%1h0.2074−0.037%$15K100xas long as short
BloFin FET-USDT+0.0220%8h0.2071−0.193%$1.8M$3.1M100xas long as short
Phoenix FET+0.0467%1h0.2074−0.063%$37K$35K5xas long as short
Hyperliquid FET+0.0930%1h0.2079+0.173%$10.1M$7.8M5xas long as short