Funding you earn now, next payment 20:00 UTC−0.0295%/8h= −32.3% APRpaid last 24h −0.088%
Price spread now: Aster against Phoenix+0.018%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$9 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix FET | 0.2039 | 0.0395 | pay 0.0049% / 1h | 29m 26s | $27K | $54K | 5x |
| Short | Aster FETUSDT | 0.2039 | 0.0100 | get 0.0100% / 8h | 3h 29m | $350K | $526K | 10x |
Phoenix FET
Aster FETUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Phoenix. 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
- −$62.04
- Price spread: +0.018% → 0.000%
- $1.8
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$75.24
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Phoenix: no order-book sample; Aster: live order book, 18 min ago. Net counts fees only.
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 Phoenix no order-book sample | — | — | — | — | — |
| Sell Aster live order book, 18 min ago | 9.86 bp | 18.7 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
Phoenix: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit FET_USDC-PERPETUAL | −0.2195% | 1h | 0.2040 | +0.069% | $16K | $219K | 10x | as long as short |
| Kraken Futures PF_FETUSD | −0.0463% | 1h | 0.2043 | +0.193% | $1.1M | $2.1M | 50x | as long as short |
| Coinbase International FET-PERP-INTX | −0.0168% | 1h | 0.2039 | +0.020% | $169K | $184K | 50x | as long as short |
| Gate FET_USDT | −0.0140% | 8h | 0.2032 | −0.324% | $2.8M | $11.7M | 50x | as long as short |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0012% | 1h | 0.2035 | −0.183% | $32K | — | 150x | as long as short |
| Orderly PERP_FET_USDC | +0.0081% | 8h | 0.2032 | −0.324% | $38K | $4K | 10x | as long as short |
| Aster FETUSDTshort | +0.0100% | 8h | 0.2039 | +0.018% | $350K | $526K | 10x | |
| Binance FETUSDT | +0.0100% | 8h | 0.2034 | −0.222% | $31.8M | $107.2M | 75x | as long as short |
| OKX FET-USDT-SWAP | +0.0100% | 4h | 0.2035 | −0.177% | $868K | $7.6M | 20x | as long as short |
| MEXC FET_USDT | +0.0100% | 8h | 0.2033 | −0.275% | $39.4M | $24.8M | 200x | as long as short |
Deribit FET_USDC-PERPETUAL
Kraken Futures PF_FETUSD
Coinbase International FET-PERP-INTX
Gate FET_USDT
gTrade (Gains Network) FET/USD
Orderly PERP_FET_USDC
Binance FETUSDT
OKX FET-USDT-SWAP
MEXC FET_USDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin FETUSDTM | +0.0100% | 8h | 0.2033 | −0.275% | $10.6M | $18.6M | 50x | as long as short |
| Bitget FETUSDT | +0.0100% | 8h | 0.2037 | −0.078% | $16.7M | $11.4M | 75x | as long as short |
| BingX FET-USDT | +0.0100% | 8h | 0.2035 | −0.177% | — | $5.6M | — | as long as short |
| Variational Omni FET | +0.0100% | 8h | 0.2036 | −0.105% | $282K | $307K | — | as long as short |
| Extended FET-USD | +0.0104% | 1h | 0.2034 | −0.224% | $32K | $144K | 10x | as long as short |
| Hyperliquid FET | +0.0184% | 1h | 0.2036 | −0.152% | $9.2M | $7.1M | 5x | as long as short |
| GMX FET/USD [ETH-USDC] | L +0.0201% / S −0.0278% | 1h | 0.2034 | −0.229% | $14K | — | 100x | as long as short |
| BloFin FET-USDT | +0.0220% | 8h | 0.2033 | −0.275% | $1.7M | $2.6M | 100x | as long as short |
| Phoenix FETlong | +0.0395% | 1h | 0.2039 | long leg | $27K | $54K | 5x | |
| Injective FET/USDC PERP | +0.0726% | 1h | 0.2030 | −0.422% | $3K | $118K | 12x | as long as short |
KuCoin FETUSDTM
Bitget FETUSDT
BingX FET-USDT
Variational Omni FET
Extended FET-USD
Hyperliquid FET
GMX FET/USD [ETH-USDC]
BloFin FET-USDT
Injective FET/USDC PERP