Settings8H · net · $10k
LanguageThe language of the site
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FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
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Funding arb · Price arb / Crypto

FET

All FET markets →
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
TxFlowFET-USDC
0.1754+0.0025pay 0.0003% / 1h28m 06s$28K$215K50xLong TxFlow5% off
SHORT
DeribitFET_USDC-PERPETUAL
0.1757+0.0092get 0.0011% / 1h28m 06s$271K$295K10xShort Deribit
Price gap+0.177%
Funding gap+0.0066% /8h

Funding pays +$2 a day on $10k, but the gap is 0.071% under its 7d average: −$7 if it goes back, about 3.6 days of funding.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$53+0.0066% /8h now · paid −0.533% over the last 7D
Price−$7spread +0.177% now, avg +0.247% → −0.071% if it goes back
Costs−$390.385% of $10k · taker + slippage, in and out
Result−$99−0.99%+ Points / potential airdropTxFlow: points · farm boardWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.177%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

FET on 20 exchanges

lowest funding first

Before you open

2 ok · 4 to watch
  • Watch: Large against open interest10.2 / 6.9 bp
    $10k is over 10% of TxFlow’s open interest.
  • Note: Margin at max leverage$200 + $1,000
    TxFlow 50x, Deribit 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval1h / 1h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: +$1.98Long TxFlow: 24 payments, −$0.76; short Deribit: 24 payments, +$2.75.
  • Watch: Gap narrower than usual+0.177% vs +0.247%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Watch: Long leg is thinner$28K vs $271K OI
    TxFlow sets your exit cost. Check its book before closing.
  • OK: Points on a legTxFlow points
    Volume here counts toward the points program.
  • Watch: KYCTxFlow No · Deribit Yes
    ID, proof of address and a financial profile before any deposit; not for the US, Canada, Japan or retail UK clients.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0254%/8h × 21 periods−$53.33
Price spread+0.177% → +0.247% (7d avg)−$7.07
Slippage, 4 orderslive order books−$22.54
Fee TxFlow bp × 2 orders−$9.00
Fee Deribit bp × 2 orders−$7.00
Net · 7 days · $10k−$98.93
Costs to cover0.385%Break-evennever at this rate
Slippage: TxFlow: live order book, 37 min ago; Deribit: live order book, 39 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGTxFlow5.7310.2 bp−$1018.6 bp−$186145.6 bp−$14.6Kdoesn’t fit
SELL · SHORTDeribit3.446.9 bp−$728.1 bp−$281doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

FET news

posts that mention FET, from every exchangeSearch all news →
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