Funding you earn now, next payment 00:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against Variational Omni+0.431%7-day average +0.062% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.108%+$11 on $10k
+Price spread, last 3 days (all we have)−0.473%−$47 · spread now +0.431%, 7d avg +0.062%
=Together, before fees−0.365%+ Points / potential airdropVariational Omni: Active · farm board−$36 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.369% dearer against Variational Omni than usual: you sell high and buy low: +$37 more if the spread goes back to its 7-day average of +0.062%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni FET | 0.2040 | 0.0100 | pay 0.0100% / 8h | 8m 38s | $359K | $399K | — |
| Short | BloFin FET-USDT | 0.2049 | 0.0220 | get 0.0220% / 8h | 8m 38s | $1.7M | $2.7M | 100x |
Variational Omni FET
BloFin FET-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Variational Omni. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
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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: +0.431% → +0.062%
- $36.86
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $50.06
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 5 min ago; BloFin: live order book, 5 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 Variational Omni RFQ quote, 5 min ago | 7.32 bp | doesn't fit | 36.6 bp −$366 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 5 min ago | 4.90 bp | 15.3 bp −$15 | 27.4 bp −$274 | 128.5 bp −$12.9K | doesn't fit |
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 | −0.2673% | 1h | 0.2047 | +0.333% | $29K | $201K | 10x | as long as short |
| Coinbase International FET-PERP-INTX | −0.0728% | 1h | 0.2049 | +0.431% | $153K | $203K | 50x | as long as short |
| Kraken Futures PF_FETUSD | −0.0476% | 1h | 0.2049 | +0.415% | $1.0M | $2.2M | 50x | as long as short |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0013% | 1h | 0.2048 | +0.364% | $32K | — | 150x | as long as short |
| Injective FET/USDC PERP | +0.0033% | 1h | 0.2010 | −1.480% | $3K | $166K | 12x | as long as short |
| Gate FET_USDT | +0.0052% | 8h | 0.2045 | +0.235% | $2.8M | $12.2M | 50x | as long as short |
| Aster FETUSDT | +0.0100% | 8h | 0.2049 | +0.424% | $340K | $544K | 10x | as long as short |
| Binance FETUSDT | +0.0100% | 8h | 0.2046 | +0.298% | $32.0M | $109.2M | 75x | as long as short |
| MEXC FET_USDT | +0.0100% | 8h | 0.2045 | +0.235% | $34.6M | $25.0M | 200x | as long as short |
| KuCoin FETUSDTM | +0.0100% | 8h | 0.2046 | +0.284% | $10.8M | $19.2M | 50x | as long as short |
Deribit FET_USDC-PERPETUAL
Coinbase International FET-PERP-INTX
Kraken Futures PF_FETUSD
gTrade (Gains Network) FET/USD
Injective FET/USDC PERP
Gate FET_USDT
Aster FETUSDT
Binance FETUSDT
MEXC FET_USDT
KuCoin FETUSDTMShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni FETlong | +0.0100% | 8h | 0.2040 | long leg | $359K | $399K | — | |
| Orderly PERP_FET_USDC | +0.0100% | 8h | 0.2047 | +0.333% | $38K | $6K | 10x | as long as short |
| Extended FET-USD | +0.0104% | 1h | 0.2046 | +0.279% | $33K | $191K | 10x | as long as short |
| GMX FET/USD [ETH-USDC] | L +0.0201% / S −0.0278% | 1h | 0.2046 | +0.295% | $14K | — | 100x | as long as short |
| BloFin FET-USDTshort | +0.0220% | 8h | 0.2049 | +0.431% | $1.7M | $2.7M | 100x | |
| BingX FET-USDT | +0.0293% | 8h | 0.2047 | +0.333% | — | $5.7M | — | as long as short |
| OKX FET-USDT-SWAP | +0.0293% | 4h | 0.2049 | +0.431% | $999K | $8.0M | 20x | as long as short |
| Bitget FETUSDT | +0.0301% | 8h | 0.2049 | +0.431% | $16.5M | $11.5M | 75x | as long as short |
| Hyperliquid FET | +0.0414% | 1h | 0.2049 | +0.431% | $9.0M | $8.0M | 5x | as long as short |
| Phoenix FET | +0.0508% | 1h | 0.2047 | +0.358% | $36K | $45K | 5x | as long as short |
Orderly PERP_FET_USDC
Extended FET-USD
GMX FET/USD [ETH-USDC]
BingX FET-USDT
OKX FET-USDT-SWAP
Bitget FETUSDT
Hyperliquid FET
Phoenix FET