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

FHE

all FHE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0007%/8h= −0.7% APRpaid last 24h −0.001%
Price spread now: Extended against Binance−0.022%7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$311as in the Funding arb table
Net, price: spread back to 7d avg − costs−$310as in the Price arb table
costs, in and out, $10k−$3113.107% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.006%−$1 on $10k
Price spread, last 4 days (all we have)−0.005%−$1 · spread now −0.022%, 7d avg −0.024%
Together, before fees−0.012%+ Points / potential airdropExtended: Active · farm board−$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance FHEUSDT0.022540.0615pay 0.0307% / 4h3h 42m$3.0M$1.5M10x
ShortExtended FHE-USD0.022540.0608get 0.0076% / 1h42m 42s$2K$141K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Binance. 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
−$1.42
Price spread: −0.022% → −0.024%
$0.29
Slippage, 4 orders
−$295.74
Fee Binance: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$311.88
Costs to cover
3.107%
Break-even
never at this rate
Slippage from Binance: live order book, 8 min ago; Extended: live order book, 28 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 8 min ago6.69 bp39.8 bp −$40461.8 bp −$4,618doesn't fitdoesn't fit
Sell Extended live order book, 28 min ago7.57 bp118.3 bp −$118doesn't fitdoesn't fitdoesn't fit

FHE on 8 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
Gate FHE_USDT+0.0100%8h0.02244−0.444%$621K$83K10xas long as short
Bybit FHEUSDT+0.0218%4h0.02249−0.222%$1.6M$478K13xas long as short
Aster FHEUSDT+0.0430%4h0.02251−0.154%$16K$2K5xas long as short
BingX FHE-USDT+0.0592%4h0.02250−0.177%$6.5Mas long as short
MEXC FHE_USDT+0.0606%4h0.02253−0.044%$845K$293K50xas long as short
Extended FHE-USDshort+0.0608%1h0.02254−0.022%$2K$141K5x
Binance FHEUSDTlong+0.0615%4h0.02254long leg$3.0M$1.5M10x
KuCoin FHEUSDTM+0.1382%4h0.02252−0.089%$662K$10.0M10xas long as short