FET

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0014%/8h= +1.5% APRnext payment +$0.14 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against KuCoin+0.033%7-day average −0.011% · you sell dearer than you buy

Net, funding: paid 7d − costs−$76as in the Funding arb table

Net, price: spread back to 7d avg − costs−$65as in the Price arb table

costs, in and out, $10k−$690.694% of the position

Long on KuCoin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.068%−$7 on $10k

Price spread, last 7 days−0.044%−$4 · spread now +0.033%, 7d avg −0.011%

Together, before fees−0.112%−$11 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Binance is 0.045% dearer against KuCoin than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.011%. Mind the row above: over the last 7 days funding on this pair cost −0.068%, 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	KuCoin FETUSDTM	0.1994	0.0100	pay 0.0100% / 8h	1h 27m	$10.4M	$18.3M	50x
Short	Binance FETUSDT	0.1995	0.0114	get 0.0114% / 8h	1h 27m	$30.4M	$114.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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

Position, each leg$Hold fordaysFee KuCoinbpFee BinancebpOrdersPrice spread, now +0.033%Rate

Funding earned: $2.87
Price spread: +0.033% → −0.011%: $4.46
Slippage, 4 orders: −$47.44
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$62.11
Costs to cover: 0.694%
Break-even: 158.3 days

Slippage from KuCoin: live order book, 11 min ago; Binance: live order book, 15 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 KuCoin live order book, 11 min ago	2.50 bp	23.6 bp −$24	88.9 bp −$889	doesn't fit	doesn't fit
Sell Binance live order book, 15 min ago	2.50 bp	12.4 bp −$12	22.2 bp −$222	97.9 bp −$9,788	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	−0.5245%	1h	0.1991	−0.150%	$41K	$312K	10x	as long as short
Coinbase International FET-PERP-INTX	−0.0688%	1h	0.1995	+0.050%	$150K	$259K	50x	as long as short
gTrade (Gains Network) FET/USD	L +0.0006% / S −0.0004%	1h	0.1990	−0.225%	$20K	—	150x	as long as short
Injective FET/USDC PERP	+0.0033%	1h	0.2010	+0.802%	$3K	$166K	12x	as long as short
Aster FETUSDT	+0.0100%	8h	0.1994	0.000%	$189K	$815K	10x	as long as short
Gate FET_USDT	+0.0100%	8h	0.1991	−0.150%	$2.6M	$12.9M	50x	as long as short
KuCoin FETUSDTMlong	+0.0100%	8h	0.1994	long leg	$10.4M	$18.3M	50x
Variational Omni FET	+0.0100%	8h	0.1995	+0.058%	$273K	$501K	—	as long as short
Orderly PERP_FET_USDC	+0.0100%	8h	0.1990	−0.201%	$37K	$7K	10x	as long as short
MEXC FET_USDT	+0.0111%	8h	0.1994	0.000%	$29.1M	$25.2M	200x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended FET-USD	+0.0112%	1h	0.1993	−0.030%	$33K	$201K	10x	as long as short
Binance FETUSDTshort	+0.0114%	8h	0.1995	+0.033%	$30.4M	$114.7M	75x
Bitget FETUSDT	+0.0189%	8h	0.1995	+0.050%	$16.2M	$11.8M	75x	as long as short
BingX FET-USDT	+0.0189%	8h	0.1994	0.000%	—	$5.9M	—	as long as short
GMX FET/USD [ETH-USDC]	L +0.0201% / S −0.0301%	1h	0.1990	−0.215%	$13K	—	100x	as long as short
BloFin FET-USDT	+0.0231%	8h	0.1994	0.000%	$1.7M	$3.2M	100x	as long as short
OKX FET-USDT-SWAP	+0.0417%	4h	0.1996	+0.100%	$984K	$8.1M	20x	as long as short
Hyperliquid FET	+0.0576%	1h	0.1994	−0.020%	$8.4M	$8.5M	5x	as long as short
Phoenix FET	+0.0635%	1h	0.1995	+0.035%	$35K	$38K	5x	as long as short
Kraken Futures PF_FETUSD	+0.0652%	1h	0.1994	+0.004%	$985K	$2.2M	50x	as long as short