Funding you earn now, next payment 03:00 UTC+0.0268%/8h= +29.3% APRpaid last 24h +0.017%
Price spread now: BingX against Extended+0.049%7-day average +0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$430.429% of the position
Funding, last 7 days+0.106%+$11 on $10k
+Price spread, last 4 days (all we have)−0.010%−$1 · spread now +0.049%, 7d avg +0.026%
=Together, before fees+0.096%+ Points / potential airdropExtended: Active · farm board+$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and BingX is 0.023% dearer against Extended than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.026%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.106% in total (about 5.5% 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 | Extended FET-USD | 0.2060 | 0.0104 | pay 0.0013% / 1h | 12m 02s | $34K | $246K | 10x |
| Short | BingX FET-USDT | 0.2061 | 0.0372 | get 0.0372% / 8h | 5h 12m | — | $6.0M | — |
Extended FET-USD
BingX FET-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Extended. 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
- $56.28
- Price spread: +0.049% → +0.026%
- $2.27
- Slippage, 4 orders
- −$27.89
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $15.66
- Costs to cover
- 0.429%
- Break-even
- 5.1 days
Slippage from Extended: live order book, 50 min ago; BingX: live order book, 3 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 Extended live order book, 50 min ago | 5.41 bp | 14.0 bp −$14 | 137.5 bp −$1,375 | doesn't fit | doesn't fit |
| Sell BingX live order book, 3 min ago | 4.86 bp | 11.1 bp −$11 | 15.7 bp −$157 | 61.4 bp −$6,135 | 409.2 bp −$204.6K |
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 | −0.3138% | 1h | 0.2059 | −0.048% | $39K | $294K | 10x | as long as short |
| Coinbase International FET-PERP-INTX | −0.0872% | 1h | 0.2061 | +0.049% | $152K | $232K | 50x | as long as short |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0015% | 1h | 0.2060 | −0.001% | $23K | — | 150x | as long as short |
| Injective FET/USDC PERP | +0.0033% | 1h | 0.2010 | −2.427% | $3K | $166K | 12x | as long as short |
| Aster FETUSDT | +0.0100% | 8h | 0.2060 | −0.001% | $215K | $771K | 10x | as long as short |
| Binance FETUSDT | +0.0100% | 8h | 0.2060 | +0.023% | $32.0M | $112.3M | 75x | as long as short |
| Gate FET_USDT | +0.0100% | 8h | 0.2059 | −0.048% | $2.8M | $12.5M | 50x | as long as short |
| MEXC FET_USDT | +0.0100% | 8h | 0.2059 | −0.048% | $30.8M | $24.3M | 200x | as long as short |
| KuCoin FETUSDTM | +0.0100% | 8h | 0.2060 | +0.001% | $10.8M | $18.9M | 50x | as long as short |
| Variational Omni FET | +0.0100% | 8h | 0.2060 | +0.005% | $345K | $424K | — | as long as short |
Deribit FET_USDC-PERPETUAL
Coinbase International FET-PERP-INTX
gTrade (Gains Network) FET/USD
Injective FET/USDC PERP
Aster FETUSDT
Binance FETUSDT
Gate FET_USDT
MEXC FET_USDT
KuCoin FETUSDTM
Variational Omni FETShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_FET_USDC | +0.0100% | 8h | 0.2060 | +0.001% | $39K | $7K | 10x | as long as short |
| Extended FET-USDlong | +0.0104% | 1h | 0.2060 | long leg | $34K | $246K | 10x | |
| Kraken Futures PF_FETUSD | +0.0113% | 1h | 0.2062 | +0.086% | $1.0M | $2.2M | 50x | as long as short |
| GMX FET/USD [ETH-USDC] | L +0.0202% / S −0.0278% | 1h | 0.2060 | +0.022% | $14K | — | 100x | as long as short |
| BloFin FET-USDT | +0.0220% | 8h | 0.2057 | −0.145% | $1.7M | $3.0M | 100x | as long as short |
| OKX FET-USDT-SWAP | +0.0248% | 4h | 0.2063 | +0.146% | $1.1M | $8.3M | 20x | as long as short |
| BingX FET-USDTshort | +0.0372% | 8h | 0.2061 | +0.049% | — | $6.0M | — | |
| Bitget FETUSDT | +0.0385% | 8h | 0.2062 | +0.098% | $16.8M | $11.8M | 75x | as long as short |
| Hyperliquid FET | +0.0497% | 1h | 0.2061 | +0.055% | $9.0M | $8.4M | 5x | as long as short |
| Phoenix FET | +0.0669% | 1h | 0.2058 | −0.092% | $36K | $39K | 5x | as long as short |
Orderly PERP_FET_USDC
Kraken Futures PF_FETUSD
GMX FET/USD [ETH-USDC]
BloFin FET-USDT
OKX FET-USDT-SWAP
Bitget FETUSDT
Hyperliquid FET
Phoenix FET