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

FET

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against Variational Omni+0.412%7-day average −0.046% · 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 3 days (all we have)+0.005%+$1 on $10k
Price spread, last 4 days (all we have)−1.311%−$131 · spread now +0.412%, 7d avg −0.046%
Together, before fees−1.306%+ Points / potential airdropVariational Omni: Active · Extended: Active · farm board−$131 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.458% dearer against Variational Omni than usual: you sell high and buy low, +$46 on $10k if it goes back to its 7-day average of −0.046%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni FET0.20110.0100pay 0.0100% / 8h6h 32m$332K$420K
ShortExtended FET-USD0.20190.0104get 0.0013% / 1h32m 36s$33K$247K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0.84
Price spread: +0.412% → −0.046%
$45.79
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$41.63
Costs to cover
0.050%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 36 min ago; Extended: live order book, 34 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 Variational Omni RFQ quote, 36 min ago7.29 bpdoesn't fit31.6 bp −$316doesn't fitdoesn't fit
Sell Extended live order book, 34 min ago8.78 bp13.6 bp −$1436.3 bp −$363doesn't fitdoesn't fit

FET on 19 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−0.4693%1h0.2013+0.090%$29K$231K10xas long as short
Coinbase International FET-PERP-INTX−0.0760%1h0.2016+0.239%$147K$216K50xas long as short
Kraken Futures PF_FETUSD−0.0744%1h0.2015+0.191%$982K$2.2M50xas long as short
gTrade (Gains Network) FET/USDL +0.0006% / S −0.0015%1h0.2012+0.026%$23K150xas long as short
Injective FET/USDC PERP+0.0033%1h0.2010−0.059%$3K$166K12xas long as short
Aster FETUSDT+0.0100%8h0.2017+0.293%$307K$718K10xas long as short
Binance FETUSDT+0.0100%8h0.2021+0.488%$31.2M$112.8M75xas long as short
Gate FET_USDT+0.0100%8h0.2018+0.339%$2.7M$12.3M50xas long as short
MEXC FET_USDT+0.0100%8h0.2019+0.388%$31.8M$25.0M200xas long as short
KuCoin FETUSDTM+0.0100%8h0.2020+0.438%$10.6M$19.2M50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni FETlong+0.0100%8h0.2011long leg$332K$420K
Orderly PERP_FET_USDC+0.0100%8h0.2012+0.040%$38K$7K10xas long as short
Extended FET-USDshort+0.0104%1h0.2019+0.412%$33K$247K10x
OKX FET-USDT-SWAP+0.0147%4h0.2023+0.587%$990K$8.1M20xas long as short
Hyperliquid FET+0.0191%1h0.2023+0.562%$9.0M$8.3M5xas long as short
GMX FET/USD [ETH-USDC]L +0.0201% / S −0.0278%1h0.2012+0.022%$13K100xas long as short
BingX FET-USDT+0.0326%8h0.2019+0.388%$6.0Mas long as short
Bitget FETUSDT+0.0349%8h0.2024+0.637%$16.3M$11.8M75xas long as short
Phoenix FET+0.0474%1h0.2020+0.428%$35K$43K5xas long as short