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

FET

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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 +0.003%
Price spread now: Aster against Orderly+0.098%7-day average · you sell dearer than you buy
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 fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.098% dearer against Orderly than usual: you sell high and buy low, +$10 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_FET_USDC0.20050.0100pay 0.0100% / 8h2h 40m$37K$5K10x
ShortAster FETUSDT0.20070.0100get 0.0100% / 8h2h 40m$345K$527K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Orderly. 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: +0.098% → 0.000%
$9.76
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Aster: 4 bp × 2 orders
−$8
Net
−$4.24
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; Aster: live order book, 46 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 Orderly no order-book sample
Sell Aster live order book, 46 min ago9.86 bp17.8 bp −$18doesn't fitdoesn't fitdoesn't fit
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 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−0.3226%1h0.2007+0.100%$26K$230K10xas long as short
Coinbase International FET-PERP-INTX−0.0480%1h0.2006+0.050%$160K$187K50xas long as short
Gate FET_USDT−0.0091%8h0.2004−0.050%$2.7M$11.8M50xas long as short
gTrade (Gains Network) FET/USDL +0.0006% / S −0.0012%1h0.2006+0.041%$31K150xas long as short
Kraken Futures PF_FETUSD+0.0032%1h0.2010+0.248%$1.0M$2.1M50xas long as short
Aster FETUSDTshort+0.0100%8h0.2007+0.098%$345K$527K10x
Binance FETUSDT+0.0100%8h0.2006+0.041%$31.3M$107.0M75xas long as short
OKX FET-USDT-SWAP+0.0100%4h0.2007+0.100%$855K$7.5M20xas long as short
MEXC FET_USDT+0.0100%8h0.20050.000%$35.2M$25.3M200xas long as short
KuCoin FETUSDTM+0.0100%8h0.2004−0.050%$10.4M$19.0M50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni FET+0.0100%8h0.2009+0.175%$273K$315Kas long as short
Orderly PERP_FET_USDClong+0.0100%8h0.2005long leg$37K$5K10x
Extended FET-USD+0.0104%1h0.2005−0.007%$32K$144K10xas long as short
BingX FET-USDT+0.0123%8h0.2006+0.050%$5.6Mas long as short
Bitget FETUSDT+0.0136%8h0.2008+0.150%$16.4M$11.4M75xas long as short
Hyperliquid FET+0.0150%1h0.2006+0.031%$9.0M$7.6M5xas long as short
GMX FET/USD [ETH-USDC]L +0.0201% / S −0.0278%1h0.2005+0.002%$13K100xas long as short
BloFin FET-USDT+0.0220%8h0.2007+0.100%$1.7M$2.6M100xas long as short
Injective FET/USDC PERP+0.0371%1h0.2030+1.247%$3K$118K12xas long as short
Phoenix FET+0.0476%1h0.2011+0.314%$27K$37K5xas long as short