Funding you earn now, next payment 01:00 UTC−0.0173%/8h= −18.9% APRpaid last 24h −0.009%
Price spread now: Extended against OKX−0.150%7-day average −0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$690.693% of the position
Funding, last 7 days−0.014%−$1 on $10k
+Price spread, last 4 days (all we have)+0.196%+$20 · spread now −0.150%, 7d avg −0.035%
=Together, before fees+0.182%+ Points / potential airdropExtended: Active · farm board+$18 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Extended is 0.115% cheaper against OKX than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.035%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX FET-USDT-SWAP | 0.2066 | 0.0277 | pay 0.0138% / 4h | 3h 15m | $1.0M | $8.2M | 20x |
| Short | Extended FET-USD | 0.2063 | 0.0104 | get 0.0013% / 1h | 15m 44s | $34K | $244K | 10x |
OKX FET-USDT-SWAP
Extended FET-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$36.29
- Price spread: −0.150% → −0.035%
- −$11.5
- Slippage, 4 orders
- −$54.27
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$117.06
- Costs to cover
- 0.693%
- Break-even
- never at this rate
Slippage from OKX: live order book, 2 min ago; Extended: live order book, 56 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, 2 min ago | 4.86 bp | 19.8 bp −$20 | 63.0 bp −$630 | doesn't fit | doesn't fit |
| Sell Extended live order book, 56 min ago | 8.08 bp | 15.9 bp −$16 | 55.9 bp −$559 | 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 | −0.3617% | 1h | 0.2061 | −0.242% | $30K | $223K | 10x | as long as short |
| Kraken Futures PF_FETUSD | −0.1254% | 1h | 0.2064 | −0.107% | $1.0M | $2.2M | 50x | as long as short |
| Coinbase International FET-PERP-INTX | −0.0704% | 1h | 0.2060 | −0.290% | $151K | $215K | 50x | as long as short |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0022% | 1h | 0.2063 | −0.148% | $21K | — | 150x | as long as short |
| Injective FET/USDC PERP | +0.0033% | 1h | 0.2010 | −2.711% | $3K | $166K | 12x | as long as short |
| Aster FETUSDT | +0.0100% | 8h | 0.2062 | −0.173% | $342K | $545K | 10x | as long as short |
| Binance FETUSDT | +0.0100% | 8h | 0.2063 | −0.145% | $32.3M | $111.0M | 75x | as long as short |
| Gate FET_USDT | +0.0100% | 8h | 0.2063 | −0.145% | $2.8M | $12.4M | 50x | as long as short |
| MEXC FET_USDT | +0.0100% | 8h | 0.2062 | −0.194% | $34.7M | $25.0M | 200x | as long as short |
| KuCoin FETUSDTM | +0.0100% | 8h | 0.2063 | −0.145% | $11.0M | $19.2M | 50x | as long as short |
Deribit FET_USDC-PERPETUAL
Kraken Futures PF_FETUSD
Coinbase International FET-PERP-INTX
gTrade (Gains Network) FET/USD
Injective FET/USDC PERP
Aster FETUSDT
Binance FETUSDT
Gate FET_USDT
MEXC FET_USDT
KuCoin FETUSDTMShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni FET | +0.0100% | 8h | 0.2061 | −0.233% | $362K | $400K | — | as long as short |
| Orderly PERP_FET_USDC | +0.0100% | 8h | 0.2060 | −0.290% | $38K | $7K | 10x | as long as short |
| Extended FET-USDshort | +0.0104% | 1h | 0.2063 | −0.150% | $34K | $244K | 10x | |
| GMX FET/USD [ETH-USDC] | L +0.0202% / S −0.0278% | 1h | 0.2061 | −0.256% | $14K | — | 100x | as long as short |
| BloFin FET-USDT | +0.0220% | 8h | 0.2052 | −0.678% | $1.7M | $2.7M | 100x | as long as short |
| OKX FET-USDT-SWAPlong | +0.0277% | 4h | 0.2066 | long leg | $1.0M | $8.2M | 20x | |
| BingX FET-USDT | +0.0289% | 8h | 0.2063 | −0.145% | — | $5.7M | — | as long as short |
| Bitget FETUSDT | +0.0300% | 8h | 0.2066 | 0.000% | $16.7M | $11.6M | 75x | as long as short |
| Hyperliquid FET | +0.0427% | 1h | 0.2066 | +0.015% | $9.2M | $8.3M | 5x | as long as short |
| Phoenix FET | +0.0467% | 1h | 0.2052 | −0.663% | $36K | $45K | 5x | as long as short |
Variational Omni FET
Orderly PERP_FET_USDC
GMX FET/USD [ETH-USDC]
BloFin FET-USDT
BingX FET-USDT
Bitget FETUSDT
Hyperliquid FET
Phoenix FET