Funding you earn now, next payment 01:00 UTC+0.4721%/8h= +516.9% APRpaid last 24h +0.409%
Price spread now: Aster against Deribit+0.187%7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$670.668% of the position
Funding, last 5 days (all we have)+0.168%+$17 on $10k
+Price spread, last 3 days (all we have)−0.083%−$8 · spread now +0.187%, 7d avg +0.037%
=Together, before fees+0.085%+ Points / potential airdropAster: Stage 5 · farm board+$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$142 a day on $10k at the current rate, and Aster is 0.150% dearer against Deribit than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of +0.037%.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid 0.168% in total (about 11.4% 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 | Deribit FET_USDC-PERPETUAL | 0.2043 | −0.4621 | get 0.0578% / 1h | 5m 47s | $29K | $223K | 10x |
| Short | Aster FETUSDT | 0.2047 | 0.0100 | get 0.0100% / 8h | 7h 05m | $340K | $544K | 10x |
Deribit FET_USDC-PERPETUAL
Aster FETUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Deribit. 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
- $991.39
- Price spread: +0.187% → +0.037%
- $15
- Slippage, 4 orders
- −$51.77
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- $939.62
- Costs to cover
- 0.668%
- Break-even
- 0.4 days
Slippage from Deribit: live order book, 3 min ago; Aster: live order book, 67 min ago.
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 Deribit live order book, 3 min ago | 4.87 bp | 8.4 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 67 min ago | 14.68 bp | 18.7 bp −$19 | doesn't fit | 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-PERPETUALlong | −0.4621% | 1h | 0.2043 | long leg | $29K | $223K | 10x | |
| Kraken Futures PF_FETUSD | −0.1263% | 1h | 0.2048 | +0.264% | $996K | $2.2M | 50x | as long as short |
| Coinbase International FET-PERP-INTX | −0.0704% | 1h | 0.2059 | +0.783% | $151K | $215K | 50x | as long as short |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0022% | 1h | 0.2046 | +0.169% | $21K | — | 150x | as long as short |
| Injective FET/USDC PERP | +0.0033% | 1h | 0.2010 | −1.615% | $3K | $166K | 12x | as long as short |
| Aster FETUSDTshort | +0.0100% | 8h | 0.2047 | +0.187% | $340K | $544K | 10x | |
| Binance FETUSDT | +0.0100% | 8h | 0.2045 | +0.120% | $31.9M | $110.7M | 75x | as long as short |
| Gate FET_USDT | +0.0100% | 8h | 0.2046 | +0.147% | $2.8M | $12.5M | 50x | as long as short |
| MEXC FET_USDT | +0.0100% | 8h | 0.2045 | +0.098% | $34.4M | $25.1M | 200x | as long as short |
| KuCoin FETUSDTM | +0.0100% | 8h | 0.2048 | +0.245% | $10.9M | $19.2M | 50x | as long as short |
Kraken Futures PF_FETUSD
Coinbase International FET-PERP-INTX
gTrade (Gains Network) FET/USD
Injective FET/USDC PERP
Binance FETUSDT
Gate FET_USDT
MEXC FET_USDT
KuCoin FETUSDTMShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni FET | +0.0100% | 8h | 0.2044 | +0.055% | $359K | $400K | — | as long as short |
| Orderly PERP_FET_USDC | +0.0100% | 8h | 0.2043 | 0.000% | $38K | $7K | 10x | as long as short |
| Extended FET-USD | +0.0104% | 1h | 0.2046 | +0.138% | $34K | $244K | 10x | as long as short |
| GMX FET/USD [ETH-USDC] | L +0.0201% / S −0.0278% | 1h | 0.2045 | +0.087% | $14K | — | 100x | as long as short |
| OKX FET-USDT-SWAP | +0.0220% | 4h | 0.2047 | +0.196% | $1.0M | $8.1M | 20x | as long as short |
| BloFin FET-USDT | +0.0220% | 8h | 0.2054 | +0.538% | $1.7M | $2.7M | 100x | as long as short |
| BingX FET-USDT | +0.0277% | 8h | 0.2046 | +0.147% | — | $5.7M | — | as long as short |
| Bitget FETUSDT | +0.0286% | 8h | 0.2048 | +0.245% | $16.5M | $11.6M | 75x | as long as short |
| Hyperliquid FET | +0.0346% | 1h | 0.2049 | +0.274% | $9.2M | $8.3M | 5x | as long as short |
| Phoenix FET | +0.0467% | 1h | 0.2059 | +0.783% | $36K | $45K | 5x | as long as short |
Variational Omni FET
Orderly PERP_FET_USDC
Extended FET-USD
GMX FET/USD [ETH-USDC]
OKX FET-USDT-SWAP
BloFin FET-USDT
BingX FET-USDT
Bitget FETUSDT
Hyperliquid FET
Phoenix FET