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

FIDA

all FIDA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0216%/8h= −23.7% APRpaid last 24h −0.010%
Price spread now: Extended against Bitget−0.170%7-day average −0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$143as in the Funding arb table
Net, price: spread back to 7d avg − costs−$157as in the Price arb table
costs, in and out, $10k−$1451.453% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.021%+$2 on $10k
Price spread, last 4 days (all we have)+0.112%+$11 · spread now −0.170%, 7d avg −0.052%
Together, before fees+0.134%+ Points / potential airdropExtended: Active · farm board+$13 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Extended is 0.118% cheaper against Bitget than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.052%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.021% in total (about 1.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget FIDAUSDT0.021510.0320pay 0.0160% / 4h1h 08m$531K$363K25x
ShortExtended FIDA-USD0.021470.0104get 0.0013% / 1h8m 53s$2K$108K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Bitget. 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
−$45.36
Price spread: −0.170% → −0.052%
−$11.76
Slippage, 4 orders
−$128.31
Fee Bitget: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$202.42
Costs to cover
1.453%
Break-even
never at this rate
Slippage from Bitget: live order book, 31 min ago; Extended: live order book, 44 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 Bitget live order book, 31 min ago10.47 bp30.9 bp −$31253.0 bp −$2,530doesn't fitdoesn't fit
Sell Extended live order book, 44 min ago5.34 bp33.2 bp −$33doesn't fitdoesn't fitdoesn't fit

FIDA on 9 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
Aster FIDAUSDT+0.0100%4h0.02148−0.159%$8K$5K5xas long as short
Binance FIDAUSDT+0.0100%4h0.02148−0.142%$1.4M$2.4M25xas long as short
Bybit FIDAUSDT+0.0100%4h0.02148−0.139%$466K$187K20xas long as short
MEXC FIDA_USDT+0.0100%4h0.02147−0.186%$725K$179K20xas long as short
Variational Omni FIDA+0.0100%4h0.02147−0.204%$3K$761as long as short
Extended FIDA-USDshort+0.0104%1h0.02147−0.170%$2K$108K5x
Gate FIDA_USDT+0.0170%4h0.02147−0.186%$47K$39K10xas long as short
BingX FIDA-USDT+0.0308%4h0.02146−0.232%$1.3Mas long as short
Bitget FIDAUSDTlong+0.0320%4h0.02151long leg$531K$363K25x