Funding you earn now, next payment 22:00 UTC−0.0844%/8h= −92.4% APRpaid last 24h +0.020%
Price spread now: Coinbase International against Variational Omni+0.381%7-day average +0.329% · 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)+0.342%+$34 on $10k
+Price spread, last 3 days (all we have)−0.394%−$39 · spread now +0.381%, 7d avg +0.329%
=Together, before fees−0.053%+ Points / potential airdropVariational Omni: Active · farm board−$5 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Coinbase International is 0.053% dearer against Variational Omni than usual: you sell high and buy low (spread +0.381% now, against its 7-day average of +0.329%): +$5 on $10k if it goes back. Holding the pair costs −$25 a day in funding at the current rate, which eats that in about 5 hours. Mind the row above: over the last 3 days funding on this pair paid +0.342%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni FET | 0.2038 | 0.0100 | pay 0.0100% / 8h | 59m 33s | $288K | $327K | — |
| Short | Coinbase International FET-PERP-INTX | 0.2046 | −0.0744 | pay 0.0093% / 1h | 59m 33s | $153K | $205K | 50x |
Variational Omni FET
Coinbase International FET-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Variational Omni. 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
- −$177.24
- Price spread: +0.381% → +0.329%
- $5.26
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$181.98
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 19 min ago; Coinbase International: 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 Variational Omni RFQ quote, 19 min ago | 7.45 bp | doesn't fit | 32.3 bp −$323 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 18 min ago | 7.45 bp | 12.4 bp −$12 | doesn't fit | doesn't fit | 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 | −0.2674% | 1h | 0.2046 | +0.381% | $28K | $200K | 10x | as long as short |
| Coinbase International FET-PERP-INTXshort | −0.0744% | 1h | 0.2046 | +0.381% | $153K | $205K | 50x | |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0012% | 1h | 0.2045 | +0.339% | $32K | — | 150x | as long as short |
| Gate FET_USDT | +0.0073% | 8h | 0.2042 | +0.185% | $2.8M | $11.9M | 50x | as long as short |
| Aster FETUSDT | +0.0100% | 8h | 0.2043 | +0.234% | $341K | $540K | 10x | as long as short |
| Binance FETUSDT | +0.0100% | 8h | 0.2043 | +0.234% | $32.0M | $107.9M | 75x | as long as short |
| MEXC FET_USDT | +0.0100% | 8h | 0.2042 | +0.185% | $35.2M | $24.6M | 200x | as long as short |
| KuCoin FETUSDTM | +0.0100% | 8h | 0.2047 | +0.431% | $10.7M | $19.1M | 50x | as long as short |
| Variational Omni FETlong | +0.0100% | 8h | 0.2038 | long leg | $288K | $327K | — | |
| Orderly PERP_FET_USDC | +0.0100% | 8h | 0.2044 | +0.283% | $38K | $5K | 10x | as long as short |
Deribit FET_USDC-PERPETUAL
gTrade (Gains Network) FET/USD
Gate FET_USDT
Aster FETUSDT
Binance FETUSDT
MEXC FET_USDT
KuCoin FETUSDTM
Orderly PERP_FET_USDCShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended FET-USD | +0.0104% | 1h | 0.2043 | +0.226% | $34K | $190K | 10x | as long as short |
| GMX FET/USD [ETH-USDC] | L +0.0201% / S −0.0278% | 1h | 0.2044 | +0.296% | $14K | — | 100x | as long as short |
| BloFin FET-USDT | +0.0220% | 8h | 0.2040 | +0.087% | $1.7M | $2.7M | 100x | as long as short |
| OKX FET-USDT-SWAP | +0.0254% | 4h | 0.2047 | +0.431% | $993K | $7.8M | 20x | as long as short |
| BingX FET-USDT | +0.0317% | 8h | 0.2044 | +0.283% | — | $5.6M | — | as long as short |
| Bitget FETUSDT | +0.0335% | 8h | 0.2046 | +0.381% | $16.5M | $11.5M | 75x | as long as short |
| Kraken Futures PF_FETUSD | +0.0354% | 1h | 0.2048 | +0.468% | $1.0M | $2.2M | 50x | as long as short |
| Injective FET/USDC PERP | +0.0553% | 1h | 0.2010 | −1.385% | $3K | $166K | 12x | as long as short |
| Phoenix FET | +0.0599% | 1h | 0.2042 | +0.190% | $36K | $36K | 5x | as long as short |
| Hyperliquid FET | +0.1020% | 1h | 0.2050 | +0.578% | $9.0M | $7.9M | 5x | as long as short |
Extended FET-USD
GMX FET/USD [ETH-USDC]
BloFin FET-USDT
OKX FET-USDT-SWAP
BingX FET-USDT
Bitget FETUSDT
Kraken Futures PF_FETUSD
Injective FET/USDC PERP
Phoenix FET
Hyperliquid FET