Funding you earn now, next payment 08:00 UTC−0.0142%/8h= −15.6% APRpaid last 24h +0.003%
Price spread now: Bitget against OKX+0.050%7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$700.701% of the position
Funding, last 7 days+0.086%+$9 on $10k
+Price spread, last 7 days+0.098%+$10 · spread now +0.050%, 7d avg +0.031%
=The price spread sits at its 7-day average of +0.031%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.086%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX FET-USDT-SWAP | 0.2018 | 0.0276 | pay 0.0138% / 4h | 14m 44s | $1.0M | $8.0M | 20x |
| Short | Bitget FETUSDT | 0.2019 | 0.0134 | get 0.0134% / 8h | 14m 44s | $16.5M | $11.6M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$29.86
- Price spread: +0.050% → +0.031%
- $1.85
- Slippage, 4 orders
- −$48.09
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$98.09
- Costs to cover
- 0.701%
- Break-even
- never at this rate
Slippage from OKX: live order book, 3 min ago; Bitget: live order book, 4 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, 3 min ago | 2.48 bp | 17.5 bp −$17 | 60.2 bp −$602 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 2.48 bp | 11.6 bp −$12 | 32.4 bp −$324 | 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 | −0.3710% | 1h | 0.2012 | −0.297% | $41K | $313K | 10x | as long as short |
| Coinbase International FET-PERP-INTX | −0.0792% | 1h | 0.2016 | −0.099% | $152K | $261K | 50x | as long as short |
| Kraken Futures PF_FETUSD | −0.0011% | 1h | 0.2015 | −0.146% | $1.0M | $2.1M | 50x | as long as short |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0004% | 1h | 0.2012 | −0.320% | $20K | — | 150x | as long as short |
| Injective FET/USDC PERP | +0.0033% | 1h | 0.2010 | −0.396% | $3K | $166K | 12x | as long as short |
| Aster FETUSDT | +0.0100% | 8h | 0.2018 | 0.000% | $187K | $751K | 10x | as long as short |
| Gate FET_USDT | +0.0100% | 8h | 0.2017 | −0.050% | $2.7M | $12.8M | 50x | as long as short |
| KuCoin FETUSDTM | +0.0100% | 8h | 0.2019 | +0.050% | $10.5M | $17.8M | 50x | as long as short |
| Variational Omni FET | +0.0100% | 8h | 0.2012 | −0.288% | $276K | $524K | — | as long as short |
| Orderly PERP_FET_USDC | +0.0100% | 8h | 0.2012 | −0.297% | $36K | $11K | 10x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended FET-USD | +0.0128% | 1h | 0.2018 | +0.022% | $37K | $200K | 10x | as long as short |
| MEXC FET_USDT | +0.0129% | 8h | 0.2018 | 0.000% | $29.8M | $25.1M | 200x | as long as short |
| Binance FETUSDT | +0.0130% | 8h | 0.2018 | 0.000% | $30.8M | $111.7M | 75x | as long as short |
| Bitget FETUSDTshort | +0.0134% | 8h | 0.2019 | +0.050% | $16.5M | $11.6M | 75x | |
| BingX FET-USDT | +0.0138% | 8h | 0.2017 | −0.050% | — | $5.9M | — | as long as short |
| GMX FET/USD [ETH-USDC] | L +0.0201% / S −0.0301% | 1h | 0.2011 | −0.367% | $13K | — | 100x | as long as short |
| BloFin FET-USDT | +0.0250% | 8h | 0.2011 | −0.347% | $1.7M | $3.2M | 100x | as long as short |
| OKX FET-USDT-SWAPlong | +0.0276% | 4h | 0.2018 | long leg | $1.0M | $8.0M | 20x | |
| Phoenix FET | +0.0597% | 1h | 0.2017 | −0.064% | $35K | $37K | 5x | as long as short |
| Hyperliquid FET | +0.0640% | 1h | 0.2019 | +0.050% | $8.5M | $8.5M | 5x | as long as short |
OKX FET-USDT-SWAP
Bitget FETUSDT
Deribit FET_USDC-PERPETUAL
Coinbase International FET-PERP-INTX
Kraken Futures PF_FETUSD
gTrade (Gains Network) FET/USD
Injective FET/USDC PERP
Aster FETUSDT
Gate FET_USDT
KuCoin FETUSDTM
Variational Omni FET
Extended FET-USD
MEXC FET_USDT
Binance FETUSDT
BingX FET-USDT
GMX FET/USD [ETH-USDC]
BloFin FET-USDT
Phoenix FET
Hyperliquid FET