Funding you earn now, next payment 21:00 UTC+0.0580%/8h= +63.5% APRpaid last 24h −0.033%
Price spread now: Variational Omni against Coinbase International−1.066%7-day average −0.326% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.351%−$35 on $10k
+Price spread, last 3 days (all we have)+1.159%+$116 · spread now −1.066%, 7d avg −0.326%
=Together, before fees+0.808%+ Points / potential airdropVariational Omni: Active · farm board+$81 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.740% cheaper against Coinbase International than usual: you would sell low and buy high (spread −1.066% now, against its 7-day average of −0.326%). If the spread goes back, that is −$74 on $10k: about 4.3 days of funding at the current rate (+$17 a day). Mind the row above: over the last 3 days funding on this pair cost −0.351%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International FET-PERP-INTX | 0.2022 | −0.0480 | get 0.0060% / 1h | 10m 07s | $161K | $188K | 50x |
| Short | Variational Omni FET | 0.2000 | 0.0100 | get 0.0100% / 8h | 2h 10m | $271K | $315K | — |
Coinbase International FET-PERP-INTX
Variational Omni FETFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Coinbase International. 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
- $121.8
- Price spread: −1.066% → −0.326%
- −$73.96
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $37.84
- Costs to cover
- 0.100%
- Break-even
- 4.8 days
Slippage unknown: Coinbase International: live order book, 13 min ago; Variational Omni: RFQ quote, 14 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 Coinbase International live order book, 13 min ago | 12.39 bp | 31.0 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 14 min ago | 7.43 bp | doesn't fit | 37.1 bp −$371 | 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 | −0.5735% | 1h | 0.1993 | −1.434% | $26K | $209K | 10x | as long as short |
| Coinbase International FET-PERP-INTXlong | −0.0480% | 1h | 0.2022 | long leg | $161K | $188K | 50x | |
| Gate FET_USDT | −0.0020% | 8h | 0.1994 | −1.385% | $2.7M | $11.9M | 50x | as long as short |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0012% | 1h | 0.1995 | −1.336% | $31K | — | 150x | as long as short |
| Kraken Futures PF_FETUSD | +0.0032% | 1h | 0.1994 | −1.371% | $1.0M | $2.2M | 50x | as long as short |
| Aster FETUSDT | +0.0100% | 8h | 0.1994 | −1.376% | $341K | $532K | 10x | as long as short |
| Binance FETUSDT | +0.0100% | 8h | 0.1994 | −1.385% | $31.1M | $107.2M | 75x | as long as short |
| OKX FET-USDT-SWAP | +0.0100% | 4h | 0.1995 | −1.335% | $848K | $7.5M | 20x | as long as short |
| MEXC FET_USDT | +0.0100% | 8h | 0.1994 | −1.385% | $34.5M | $25.4M | 200x | as long as short |
| KuCoin FETUSDTM | +0.0100% | 8h | 0.1993 | −1.434% | $10.3M | $19.1M | 50x | as long as short |
Deribit FET_USDC-PERPETUAL
Gate FET_USDT
gTrade (Gains Network) FET/USD
Kraken Futures PF_FETUSD
Aster FETUSDT
Binance FETUSDT
OKX FET-USDT-SWAP
MEXC FET_USDT
KuCoin FETUSDTMShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni FETshort | +0.0100% | 8h | 0.2000 | −1.066% | $271K | $315K | — | |
| Orderly PERP_FET_USDC | +0.0100% | 8h | 0.1994 | −1.385% | $37K | $5K | 10x | as long as short |
| Extended FET-USD | +0.0104% | 1h | 0.1995 | −1.348% | $32K | $145K | 10x | as long as short |
| GMX FET/USD [ETH-USDC] | L +0.0200% / S −0.0278% | 1h | 0.1994 | −1.379% | $13K | — | 100x | as long as short |
| BingX FET-USDT | +0.0207% | 8h | 0.1993 | −1.434% | — | $5.6M | — | as long as short |
| BloFin FET-USDT | +0.0220% | 8h | 0.2001 | −1.039% | $1.7M | $2.6M | 100x | as long as short |
| Bitget FETUSDT | +0.0226% | 8h | 0.1995 | −1.335% | $16.3M | $11.4M | 75x | as long as short |
| Hyperliquid FET | +0.0226% | 1h | 0.1997 | −1.251% | $8.9M | $7.8M | 5x | as long as short |
| Injective FET/USDC PERP | +0.0371% | 1h | 0.2010 | −0.593% | $3K | $166K | 12x | as long as short |
| Phoenix FET | +0.0476% | 1h | 0.2010 | −0.584% | $27K | $37K | 5x | as long as short |
Orderly PERP_FET_USDC
Extended FET-USD
GMX FET/USD [ETH-USDC]
BingX FET-USDT
BloFin FET-USDT
Bitget FETUSDT
Hyperliquid FET
Injective FET/USDC PERP
Phoenix FET