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

FET

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0145%/8h= +15.9% APRpaid last 24h +0.016%
Price spread now: OKX against Extended+0.164%7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$770.774% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.005%+$1 on $10k
Price spread, last 4 days (all we have)−0.208%−$21 · spread now +0.164%, 7d avg +0.037%
Together, before fees−0.203%+ Points / potential airdropExtended: Active · farm board−$20 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and OKX is 0.127% dearer against Extended than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.037%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended FET-USD0.20210.0128pay 0.0016% / 1h13m 32s$37K$200K10x
ShortOKX FET-USDT-SWAP0.20240.0273get 0.0137% / 4h13m 32s$1.0M$8.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Extended. 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
$30.48
Price spread: +0.164% → +0.037%
$12.69
Slippage, 4 orders
−$62.39
Fee Extended: 2.5 bp × 2 orders
−$5
Fee OKX: 5 bp × 2 orders
−$10
Net
−$34.22
Costs to cover
0.774%
Break-even
14.9 days
Slippage from Extended: live order book, 23 min ago; OKX: live order book, 5 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 Extended live order book, 23 min ago8.71 bp16.8 bp −$17167.1 bp −$1,671doesn't fitdoesn't fit
Sell OKX live order book, 5 min ago2.48 bp24.2 bp −$2462.5 bp −$625doesn't fitdoesn't fit

FET on 20 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
Deribit FET_USDC-PERPETUAL−0.3203%1h0.2020−0.034%$42K$313K10xas long as short
Coinbase International FET-PERP-INTX−0.0792%1h0.2020−0.034%$152K$262K50xas long as short
Kraken Futures PF_FETUSD−0.0011%1h0.2022+0.061%$1.0M$2.1M50xas long as short
gTrade (Gains Network) FET/USDL +0.0006% / S −0.0004%1h0.2018−0.152%$20K150xas long as short
Injective FET/USDC PERP+0.0033%1h0.2010−0.529%$3K$166K12xas long as short
Aster FETUSDT+0.0100%8h0.2022+0.065%$188K$751K10xas long as short
Gate FET_USDT+0.0100%8h0.2020−0.034%$2.7M$12.8M50xas long as short
KuCoin FETUSDTM+0.0100%8h0.2021+0.016%$10.5M$17.8M50xas long as short
Variational Omni FET+0.0100%8h0.2012−0.420%$276K$524Kas long as short
Orderly PERP_FET_USDC+0.0100%8h0.2018−0.133%$36K$11K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended FET-USDlong+0.0128%1h0.2021long leg$37K$200K10x
MEXC FET_USDT+0.0129%8h0.2020−0.034%$30.0M$25.1M200xas long as short
Binance FETUSDT+0.0132%8h0.2023+0.135%$30.9M$111.7M75xas long as short
Bitget FETUSDT+0.0133%8h0.2022+0.065%$16.5M$11.6M75xas long as short
BingX FET-USDT+0.0138%8h0.2021+0.016%$5.9Mas long as short
GMX FET/USD [ETH-USDC]L +0.0201% / S −0.0301%1h0.2011−0.499%$13K100xas long as short
BloFin FET-USDT+0.0250%8h0.2011−0.479%$1.7M$3.2M100xas long as short
OKX FET-USDT-SWAPshort+0.0273%4h0.2024+0.164%$1.0M$8.0M20x
Phoenix FET+0.0597%1h0.2017−0.197%$35K$37K5xas long as short
Hyperliquid FET+0.0644%1h0.2022+0.060%$8.5M$8.5M5xas long as short