FET

Alert

Funding spread now, next payment 14:00 UTC−0.0758%/8h

paid, last 24h−0.049%paid, last 7 days−0.171%to open and close $10k−$39

The current rate is far above what this pair has been paying: over the last 7 days it paid -0.171% in total (about -8.9% 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	Hyperliquid FET	0.1992	0.0858	pay 0.0107% / 1h	40m 31s	$9.7M	$5.3M	5x
Short	Binance FETUSDT	0.1989	0.0100	get 0.0100% / 8h	2h 40m	$30.3M	$83.7M	75x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee HyperliquidbpFee BinancebpOrdersRate

Funding earned: −$159.23
Slippage, 4 orders: −$19.94
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Binance: 5 bp × 2 orders: −$10
Net: −$198.17
Break-even: never at this rate

Slippage from Hyperliquid: live order book, 3 min ago; Binance: live order book, 4 min ago.

Price risk

price view

Price gap now: −0.171%
Avg gap 7d: −0.059%

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 Hyperliquid live order book, 3 min ago	0.25 bp	10.5 bp −$11	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 4 min ago	2.53 bp	12.3 bp −$12	22.9 bp −$229	131.7 bp −$13.2K	doesn't fit

FET on 20 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Deribit FET_USDC-PERPETUAL	−0.1264%	1h	$36K	$116K	10x	as long as short
Gate FET_USDT	−0.0136%	8h	$2.6M	$8.0M	75x	as long as short
Kraken Futures PF_FETUSD	−0.0053%	1h	$1.0M	$2.3M	50x	as long as short
gTrade (Gains Network) FET/USD	L +0.0005% / S −0.0010%	1h	$38K	—	150x	as long as short
Injective FET/USDC PERP	+0.0033%	1h	$2K	$65K	12x	as long as short
Orderly PERP_FET_USDC	+0.0076%	8h	$37K	$49K	10x	as long as short
Coinbase International FET-PERP-INTX	+0.0088%	1h	$181K	$208K	50x	as long as short
Aster FETUSDT	+0.0100%	8h	$193K	$261K	10x	as long as short
Binance FETUSDTshort	+0.0100%	8h	$30.3M	$83.7M	75x
OKX FET-USDT-SWAP	+0.0100%	4h	$888K	$5.5M	20x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
MEXC FET_USDT	+0.0100%	8h	$36.8M	$16.0M	200x	as long as short
KuCoin FETUSDTM	+0.0100%	8h	$9.1M	$11.6M	50x	as long as short
Bitget FETUSDT	+0.0100%	8h	$15.4M	$8.8M	75x	as long as short
BingX FET-USDT	+0.0100%	8h	—	$4.1M	—	as long as short
Variational Omni FET	+0.0100%	8h	$275K	$138K	—	as long as short
Extended FET-USD	+0.0104%	1h	$30K	$144K	10x	as long as short
GMX FET/USD [ETH-USDC]	L +0.0204% / S −0.0355%	1h	$13K	—	100x	as long as short
BloFin FET-USDT	+0.0220%	8h	$1.6M	$1.8M	100x	as long as short
Phoenix FET	+0.0282%	1h	$27K	$43K	5x	as long as short
Hyperliquid FETlong	+0.0858%	1h	$9.7M	$5.3M	5x