FET

Alert

Funding spread now, next payment 16:00 UTC+0.0291%/8h

paid, last 24h+0.042%paid, last 5 days+0.049%to open and closeno order book

The current rate is far above what this pair has been paying: over the last 5 days it paid 0.049% in total (about 3.9% 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.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin FET-USDT	0.2036	0.0220	pay 0.0220% / 8h	7h 55m	$1.7M	$2.6M	100x
Short	Phoenix FET	0.2034	0.0511	get 0.0064% / 1h	55m 19s	$28K	$52K	5x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee BloFinbpFee PhoenixbpOrdersRate

Funding earned: $61.18
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: $42.18
Break-even: 2.2 days

Slippage unknown: BloFin: live order book, 4 min ago; Phoenix: no order-book sample. Net counts fees only.

Price risk

price view

Price gap now: −0.103%
Avg gap 7d: —

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 BloFin live order book, 4 min ago	7.39 bp	18.3 bp −$18	32.6 bp −$326	191.2 bp −$19.1K	doesn't fit
Sell Phoenix no order-book sample	—	—	—	—	—

Phoenix: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

FET on 20 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Deribit FET_USDC-PERPETUAL	−0.1704%	1h	$19K	$157K	10x	as long as short
Kraken Futures PF_FETUSD	−0.0244%	1h	$1.0M	$2.6M	50x	as long as short
gTrade (Gains Network) FET/USD	L +0.0006% / S −0.0022%	1h	$22K	—	150x	as long as short
Injective FET/USDC PERP	+0.0033%	1h	$2K	$65K	12x	as long as short
Orderly PERP_FET_USDC	+0.0078%	8h	$38K	$37K	10x	as long as short
Aster FETUSDT	+0.0100%	8h	$348K	$510K	10x	as long as short
Binance FETUSDT	+0.0100%	8h	$32.2M	$105.1M	75x	as long as short
OKX FET-USDT-SWAP	+0.0100%	4h	$856K	$7.2M	20x	as long as short
Gate FET_USDT	+0.0100%	8h	$2.9M	$10.7M	50x	as long as short
MEXC FET_USDT	+0.0100%	8h	$35.3M	$20.5M	200x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
KuCoin FETUSDTM	+0.0100%	8h	$10.5M	$16.0M	50x	as long as short
Bitget FETUSDT	+0.0100%	8h	$16.7M	$11.3M	75x	as long as short
BingX FET-USDT	+0.0100%	8h	—	$5.1M	—	as long as short
Variational Omni FET	+0.0100%	8h	$282K	$272K	—	as long as short
Extended FET-USD	+0.0104%	1h	$31K	$147K	10x	as long as short
GMX FET/USD [ETH-USDC]	L +0.0206% / S −0.0362%	1h	$14K	—	100x	as long as short
BloFin FET-USDTlong	+0.0220%	8h	$1.7M	$2.6M	100x
Coinbase International FET-PERP-INTX	+0.0280%	1h	$187K	$191K	50x	as long as short
Phoenix FETshort	+0.0511%	1h	$28K	$52K	5x
Hyperliquid FET	+0.0514%	1h	$10.1M	$6.7M	5x	as long as short