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

FET

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.003%
Price spread now: KuCoin against Orderly+0.049%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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.049% dearer against Orderly than usual: you sell high and buy low, +$5 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_USDC0.20490.0100pay 0.0100% / 8h7h 58m$38K$6K10x
ShortKuCoin FETUSDTM0.20500.0100get 0.0100% / 8h7h 58m$10.8M$19.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: +0.049% → 0.000%
$4.88
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$13.12
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; KuCoin: live order book, 10 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 KuCoin live order book, 10 min ago2.44 bp16.7 bp −$1762.4 bp −$624doesn'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−0.2182%1h0.2050+0.049%$29K$202K10xas long as short
Kraken Futures PF_FETUSD−0.1261%1h0.2052+0.128%$1.0M$2.2M50xas long as short
Coinbase International FET-PERP-INTX−0.0704%1h0.2053+0.195%$152K$208K50xas long as short
gTrade (Gains Network) FET/USDL +0.0006% / S −0.0013%1h0.2050+0.062%$32K150xas long as short
Injective FET/USDC PERP+0.0033%1h0.2010−1.903%$3K$166K12xas long as short
Gate FET_USDT+0.0068%8h0.20490.000%$2.8M$11.9M50xas long as short
Aster FETUSDT+0.0100%8h0.2050+0.042%$340K$544K10xas long as short
Binance FETUSDT+0.0100%8h0.2049+0.019%$32.0M$109.5M75xas long as short
MEXC FET_USDT+0.0100%8h0.2048−0.049%$34.6M$24.7M200xas long as short
KuCoin FETUSDTMshort+0.0100%8h0.2050+0.049%$10.8M$19.2M50x
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni FET+0.0100%8h0.2042−0.331%$359K$399Kas long as short
Orderly PERP_FET_USDClong+0.0100%8h0.2049long leg$38K$6K10x
Extended FET-USD+0.0104%1h0.2049−0.001%$33K$189K10xas long as short
GMX FET/USD [ETH-USDC]L +0.0201% / S −0.0278%1h0.2049+0.021%$14K100xas long as short
BloFin FET-USDT+0.0220%8h0.2048−0.049%$1.7M$2.7M100xas long as short
BingX FET-USDT+0.0286%8h0.2051+0.098%$5.7Mas long as short
Hyperliquid FET+0.0291%1h0.2051+0.117%$9.1M$8.0M5xas long as short
OKX FET-USDT-SWAP+0.0301%4h0.2051+0.098%$1.0M$8.0M20xas long as short
Bitget FETUSDT+0.0306%8h0.2051+0.098%$16.5M$11.6M75xas long as short
Phoenix FET+0.0508%1h0.2043−0.288%$36K$44K5xas long as short