Funding you earn now, next payment 08:00 UTC−0.0255%/8h= −27.9% APRpaid last 24h −0.017%
Price spread now: Aster against OKX+0.050%7-day average +0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$810.811% of the position
Funding, last 6 days (all we have)−0.009%−$1 on $10k
+Price spread, last 4 days (all we have)+0.069%+$7 · spread now +0.050%, 7d avg +0.030%
=Together, before fees+0.061%+ Points / potential airdropAster: Stage 5 · farm board+$6 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.020% dearer against OKX than usual: you sell high and buy low (spread +0.050% now, against its 7-day average of +0.030%): +$2 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 6 hours. At the pace of the last 6 days (−0.009% in total) that is about 13 days.
The current funding rate is far above what this pair has been paying: over the last 6 days it paid -0.009% in total (about -0.6% 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 | OKX FET-USDT-SWAP | 0.1981 | 0.0355 | pay 0.0177% / 4h | 2h 39m | $973K | $8.1M | 20x |
| Short | Aster FETUSDT | 0.1982 | 0.0100 | get 0.0100% / 8h | 2h 39m | $190K | $809K | 10x |
OKX FET-USDT-SWAP
Aster FETUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against OKX. 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
- −$53.46
- Price spread: +0.050% → +0.030%
- $2.01
- Slippage, 4 orders
- −$63.05
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$132.51
- Costs to cover
- 0.811%
- Break-even
- never at this rate
Slippage from OKX: live order book, 4 min ago; Aster: live order book, 8 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 OKX live order book, 4 min ago | 2.51 bp | 19.2 bp −$19 | 66.4 bp −$664 | doesn't fit | doesn't fit |
| Sell Aster live order book, 8 min ago | 10.06 bp | 29.6 bp −$30 | 281.7 bp −$2,817 | 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 | −0.3774% | 1h | 0.1980 | −0.050% | $38K | $298K | 10x | as long as short |
| Coinbase International FET-PERP-INTX | −0.1152% | 1h | 0.1981 | 0.000% | $148K | $257K | 50x | as long as short |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0004% | 1h | 0.1980 | −0.060% | $20K | — | 150x | as long as short |
| Injective FET/USDC PERP | +0.0033% | 1h | 0.2010 | +1.464% | $3K | $166K | 12x | as long as short |
| Aster FETUSDTshort | +0.0100% | 8h | 0.1982 | +0.050% | $190K | $809K | 10x | |
| Binance FETUSDT | +0.0100% | 8h | 0.1982 | +0.042% | $30.2M | $114.7M | 75x | as long as short |
| Gate FET_USDT | +0.0100% | 8h | 0.1979 | −0.101% | $2.6M | $12.7M | 50x | as long as short |
| MEXC FET_USDT | +0.0100% | 8h | 0.1979 | −0.101% | $29.6M | $25.0M | 200x | as long as short |
| KuCoin FETUSDTM | +0.0100% | 8h | 0.1981 | 0.000% | $10.3M | $18.5M | 50x | as long as short |
| Variational Omni FET | +0.0100% | 8h | 0.1985 | +0.211% | $273K | $479K | — | as long as short |
Deribit FET_USDC-PERPETUAL
Coinbase International FET-PERP-INTX
gTrade (Gains Network) FET/USD
Injective FET/USDC PERP
Binance FETUSDT
Gate FET_USDT
MEXC FET_USDT
KuCoin FETUSDTM
Variational Omni FETShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_FET_USDC | +0.0100% | 8h | 0.1980 | −0.050% | $37K | $7K | 10x | as long as short |
| Extended FET-USD | +0.0104% | 1h | 0.1981 | +0.019% | $33K | $198K | 10x | as long as short |
| BingX FET-USDT | +0.0199% | 8h | 0.1981 | 0.000% | — | $6.0M | — | as long as short |
| GMX FET/USD [ETH-USDC] | L +0.0201% / S −0.0301% | 1h | 0.1980 | −0.073% | $13K | — | 100x | as long as short |
| Bitget FETUSDT | +0.0203% | 8h | 0.1981 | 0.000% | $16.0M | $11.9M | 75x | as long as short |
| BloFin FET-USDT | +0.0220% | 8h | 0.1983 | +0.101% | $1.7M | $3.2M | 100x | as long as short |
| OKX FET-USDT-SWAPlong | +0.0355% | 4h | 0.1981 | long leg | $973K | $8.1M | 20x | |
| Kraken Futures PF_FETUSD | +0.0464% | 1h | 0.1981 | +0.018% | $964K | $2.2M | 50x | as long as short |
| Phoenix FET | +0.0649% | 1h | 0.1984 | +0.177% | $34K | $37K | 5x | as long as short |
| Hyperliquid FET | +0.0873% | 1h | 0.1983 | +0.086% | $8.4M | $8.4M | 5x | as long as short |
Orderly PERP_FET_USDC
Extended FET-USD
BingX FET-USDT
GMX FET/USD [ETH-USDC]
Bitget FETUSDT
BloFin FET-USDT
Kraken Futures PF_FETUSD
Phoenix FET
Hyperliquid FET