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+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.035%
Price spread now: BloFin against Orderly0.000%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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_FET_USDC0.20140.0100pay 0.0100% / 8h1h 59m$38K$7K10x
ShortBloFin FET-USDT0.20140.0220get 0.0220% / 8h1h 59m$1.7M$3.2M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$25.2
Price spread: 0.000% → 0.000%
$0
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee BloFin: 6 bp × 2 orders
−$12
Net
$7.2
Costs to cover
0.180%
Break-even
5.0 days
Slippage unknown: Orderly: no order-book sample; BloFin: live order book, 4 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 BloFin live order book, 4 min ago7.42 bp13.4 bp −$1317.1 bp −$17162.7 bp −$6,269doesn'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−0.2719%1h0.2015+0.050%$41K$312K10xas long as short
Coinbase International FET-PERP-INTX−0.0688%1h0.2023+0.447%$152K$265K50xas long as short
gTrade (Gains Network) FET/USDL +0.0006% / S −0.0004%1h0.2014−0.006%$20K150xas long as short
Injective FET/USDC PERP+0.0033%1h0.2010−0.199%$3K$166K12xas long as short
Aster FETUSDT+0.0100%8h0.2015+0.069%$191K$817K10xas long as short
Binance FETUSDT+0.0100%8h0.2018+0.199%$30.8M$115.0M75xas long as short
Gate FET_USDT+0.0100%8h0.20140.000%$2.7M$12.8M50xas long as short
MEXC FET_USDT+0.0100%8h0.2016+0.099%$30.1M$25.0M200xas long as short
KuCoin FETUSDTM+0.0100%8h0.2016+0.099%$10.5M$18.4M50xas long as short
Variational Omni FET+0.0100%8h0.2019+0.255%$287K$491Kas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_FET_USDClong+0.0100%8h0.2014long leg$38K$7K10x
Extended FET-USD+0.0104%1h0.2017+0.170%$33K$202K10xas long as short
BingX FET-USDT+0.0194%8h0.2016+0.099%$6.0Mas long as short
GMX FET/USD [ETH-USDC]L +0.0201% / S −0.0301%1h0.2014+0.009%$13K100xas long as short
Bitget FETUSDT+0.0205%8h0.2020+0.298%$16.4M$11.9M75xas long as short
BloFin FET-USDTshort+0.0220%8h0.20140.000%$1.7M$3.2M100x
OKX FET-USDT-SWAP+0.0466%4h0.2019+0.248%$998K$8.3M20xas long as short
Kraken Futures PF_FETUSD+0.0644%1h0.2018+0.215%$1.0M$2.2M50xas long as short
Phoenix FET+0.0649%1h0.2017+0.149%$35K$37K5xas long as short
Hyperliquid FET+0.0687%1h0.2017+0.154%$8.5M$8.4M5xas long as short