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

FET

all FET markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Variational Omni against KuCoin−0.184%7-day average +0.002% · 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 3 days (all we have)0.000%$0 on $10k
Price spread, last 3 days (all we have)+0.427%+$43 · spread now −0.184%, 7d avg +0.002%
Together, before fees+0.427%+ Points / potential airdropVariational Omni: Active · farm board+$43 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: Variational Omni is 0.187% cheaper against KuCoin than usual: you would sell low and buy high, −$19 on $10k if it goes back to its 7-day average of +0.002%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin FETUSDTM0.20500.0100pay 0.0100% / 8h53m 22s$10.6M$19.1M50x
ShortVariational Omni FET0.20460.0100get 0.0100% / 8h53m 22s$289K$327K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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: −0.184% → +0.002%
−$18.65
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$30.65
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 5 min ago; Variational Omni: RFQ quote, 26 min ago. 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, 5 min ago4.88 bp19.8 bp −$2057.2 bp −$572doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 26 min ago7.45 bpdoesn't fit32.3 bp −$323doesn't fitdoesn't fit

FET on 20 venues

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−0.3155%1h0.2049−0.049%$28K$200K10xas long as short
Coinbase International FET-PERP-INTX−0.0728%1h0.2051+0.049%$153K$205K50xas long as short
Kraken Futures PF_FETUSD−0.0475%1h0.2052+0.113%$1.0M$2.2M50xas long as short
gTrade (Gains Network) FET/USDL +0.0006% / S −0.0012%1h0.2049−0.060%$32K150xas long as short
Injective FET/USDC PERP+0.0033%1h0.2010−1.951%$3K$166K12xas long as short
Gate FET_USDT+0.0070%8h0.2049−0.049%$2.8M$12.0M50xas long as short
Aster FETUSDT+0.0100%8h0.2050+0.020%$342K$540K10xas long as short
Binance FETUSDT+0.0100%8h0.2050−0.006%$32.1M$108.0M75xas long as short
MEXC FET_USDT+0.0100%8h0.20500.000%$34.4M$24.8M200xas long as short
KuCoin FETUSDTMlong+0.0100%8h0.2050long leg$10.6M$19.1M50x
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni FETshort+0.0100%8h0.2046−0.184%$289K$327K
Orderly PERP_FET_USDC+0.0100%8h0.2049−0.049%$38K$5K10xas long as short
Extended FET-USD+0.0104%1h0.2050−0.020%$34K$190K10xas long as short
GMX FET/USD [ETH-USDC]L +0.0201% / S −0.0278%1h0.2049−0.040%$14K100xas long as short
BloFin FET-USDT+0.0220%8h0.2049−0.049%$1.7M$2.7M100xas long as short
OKX FET-USDT-SWAP+0.0318%4h0.2054+0.195%$1.0M$7.8M20xas long as short
BingX FET-USDT+0.0318%8h0.2051+0.049%$5.6Mas long as short
Bitget FETUSDT+0.0339%8h0.2053+0.146%$16.6M$11.4M75xas long as short
Phoenix FET+0.0508%1h0.2048−0.083%$36K$45K5xas long as short
Hyperliquid FET+0.1022%1h0.2053+0.166%$9.1M$7.9M5xas long as short