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

FET

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0285%/8h= +31.2% APRnext payment +$2.85 per $10,000 · paid last 24h +0.018%
Price spread now: BingX against Orderly+0.194%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 feesneeds both histories
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and BingX is 0.194% dearer against Orderly than usual: you sell high and buy low: +$19 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_FET_USDC0.20570.0100pay 0.0100% / 8h5h 16m$39K$7K10x
ShortBingX FET-USDT0.20610.0385get 0.0385% / 8h5h 16m$5.9M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
$59.85
Price spread: +0.194% → 0.000%
$19.45
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee BingX: 5 bp × 2 orders
−$10
Net
$63.3
Costs to cover
0.160%
Break-even
from the start
Slippage unknown: Orderly: no order-book sample; BingX: live order book, 8 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 BingX live order book, 8 min ago4.87 bp12.7 bp −$1317.2 bp −$17249.7 bp −$4,968379.5 bp −$189.7K
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−0.3141%1h0.20570.000%$39K$294K10xas long as short
Coinbase International FET-PERP-INTX−0.0872%1h0.2060+0.146%$152K$232K50xas long as short
gTrade (Gains Network) FET/USDL +0.0006% / S −0.0015%1h0.2059+0.096%$23K150xas long as short
Injective FET/USDC PERP+0.0033%1h0.2010−2.285%$3K$166K12xas long as short
Aster FETUSDT+0.0100%8h0.2060+0.154%$215K$771K10xas long as short
Binance FETUSDT+0.0100%8h0.2059+0.113%$32.0M$112.2M75xas long as short
Gate FET_USDT+0.0100%8h0.2059+0.097%$2.8M$12.5M50xas long as short
MEXC FET_USDT+0.0100%8h0.2059+0.097%$30.8M$24.3M200xas long as short
KuCoin FETUSDTM+0.0100%8h0.2061+0.194%$10.8M$18.9M50xas long as short
Variational Omni FET+0.0100%8h0.2063+0.297%$346K$424Kas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_FET_USDClong+0.0100%8h0.2057long leg$39K$7K10x
Extended FET-USD+0.0104%1h0.2060+0.138%$34K$252K10xas long as short
Kraken Futures PF_FETUSD+0.0113%1h0.2060+0.136%$1.0M$2.2M50xas long as short
GMX FET/USD [ETH-USDC]L +0.0202% / S −0.0278%1h0.2059+0.081%$14K100xas long as short
BloFin FET-USDT+0.0220%8h0.2059+0.097%$1.7M$3.0M100xas long as short
OKX FET-USDT-SWAP+0.0258%4h0.2062+0.243%$1.1M$8.3M20xas long as short
BingX FET-USDTshort+0.0385%8h0.2061+0.194%$5.9M
Bitget FETUSDT+0.0400%8h0.2062+0.243%$16.8M$11.8M75xas long as short
Hyperliquid FET+0.0562%1h0.2060+0.156%$9.0M$8.4M5xas long as short
Phoenix FET+0.0669%1h0.2061+0.185%$36K$39K5xas long as short