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

FET

all FET markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8hnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against MEXC+0.050%7-day average +0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$670.674% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.087%+$9 on $10k
Price spread, last 7 days−0.020%−$2 · spread now +0.050%, 7d avg +0.033%
Together, before fees+0.067%+$7 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC FET_USDT0.20100.0100pay 0.0100% / 8h4h 23m$36.7M$24.3M200x
ShortKuCoin FETUSDTM0.20110.0100get 0.0100% / 8h4h 23m$10.3M$18.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against MEXC. 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
$0
Price spread: +0.050% → +0.033%
$1.64
Slippage, 4 orders
−$55.41
Fee MEXC: 0 bp × 2 orders
$0
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$65.77
Costs to cover
0.674%
Break-even
never at this rate
Slippage from MEXC: live order book, 10 min ago; KuCoin: live order book, 10 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 MEXC live order book, 10 min ago2.51 bp7.3 bp −$713.3 bp −$13358.9 bp −$5,894198.7 bp −$99.4K
Sell KuCoin live order book, 10 min ago5.01 bp40.2 bp −$40103.2 bp −$1,032doesn'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−0.1734%1h0.2012+0.100%$16K$219K10xas long as short
Gate FET_USDT−0.0059%8h0.2008−0.100%$2.8M$11.6M50xas long as short
gTrade (Gains Network) FET/USDL +0.0006% / S −0.0012%1h0.2011+0.044%$32K150xas long as short
Coinbase International FET-PERP-INTX+0.0064%1h0.2017+0.348%$180K$167K50xas long as short
Orderly PERP_FET_USDC+0.0081%8h0.20100.000%$37K$4K10xas long as short
Hyperliquid FET+0.0100%1h0.2013+0.149%$9.1M$6.9M5xas long as short
Aster FETUSDT+0.0100%8h0.2010−0.012%$341K$520K10xas long as short
Binance FETUSDT+0.0100%8h0.2011+0.047%$31.4M$106.3M75xas long as short
OKX FET-USDT-SWAP+0.0100%4h0.2013+0.149%$855K$7.4M20xas long as short
MEXC FET_USDTlong+0.0100%8h0.2010long leg$36.7M$24.3M200x
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin FETUSDTMshort+0.0100%8h0.2011+0.050%$10.3M$18.1M50x
Bitget FETUSDT+0.0100%8h0.2014+0.199%$16.4M$11.4M75xas long as short
BingX FET-USDT+0.0100%8h0.2011+0.050%$5.5Mas long as short
Variational Omni FET+0.0100%8h0.2005−0.224%$269K$298Kas long as short
Extended FET-USD+0.0104%1h0.2010+0.013%$32K$144K10xas long as short
GMX FET/USD [ETH-USDC]L +0.0201% / S −0.0278%1h0.2010+0.012%$13K100xas long as short
BloFin FET-USDT+0.0220%8h0.2009−0.050%$1.7M$2.5M100xas long as short
Phoenix FET+0.0397%1h0.2016+0.313%$27K$54K5xas long as short
Kraken Futures PF_FETUSD+0.0420%1h0.2012+0.112%$1.1M$2.2M50xas long as short
Injective FET/USDC PERP+0.1604%1h0.1990−0.995%$3K$52K12xas long as short