FET

Alert

Funding spread now, next payment 19:00 UTC−0.1369%/8h

paid, last 24h−0.232%paid, last 5 days+0.616%to open and close $10k−$59

The current rate is far above what this pair has been paying: over the last 5 days it paid 0.616% in total (about 47.5% 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	OKX FET-USDT-SWAP	0.1971	0.0100	pay 0.0050% / 4h	1h 25m	$825K	$7.3M	20x
Short	Deribit FET_USDC-PERPETUAL	0.1972	−0.1269	pay 0.0159% / 1h	25m 00s	$15K	$219K	10x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee OKXbpFee DeribitbpOrdersRate

Funding earned: −$287.49
Slippage, 4 orders: −$42.18
Fee OKX: 5 bp × 2 orders: −$10
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$346.67
Break-even: never at this rate

Slippage from OKX: live order book, 4 min ago; Deribit: live order book, 55 min ago.

Price risk

price view

Price gap now: +0.051%
Avg gap 7d: +0.003%

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 OKX live order book, 4 min ago	5.02 bp	18.5 bp −$18	62.2 bp −$622	doesn't fit	doesn't fit
Sell Deribit live order book, 55 min ago	7.44 bp	10.9 bp −$11	doesn't fit	doesn't fit	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-PERPETUALshort	−0.1269%	1h	$15K	$219K	10x
Kraken Futures PF_FETUSD	−0.0318%	1h	$1.0M	$2.2M	50x	as long as short
Gate FET_USDT	−0.0004%	8h	$2.7M	$11.7M	50x	as long as short
Coinbase International FET-PERP-INTX	0.0000%	1h	$176K	$166K	50x	as long as short
gTrade (Gains Network) FET/USD	L +0.0006% / S −0.0021%	1h	$20K	—	150x	as long as short
Injective FET/USDC PERP	+0.0033%	1h	$3K	$67K	12x	as long as short
Orderly PERP_FET_USDC	+0.0081%	8h	$36K	$3K	10x	as long as short
Aster FETUSDT	+0.0100%	8h	$334K	$531K	10x	as long as short
Binance FETUSDT	+0.0100%	8h	$31.0M	$107.4M	75x	as long as short
OKX FET-USDT-SWAPlong	+0.0100%	4h	$825K	$7.3M	20x

Show all 20 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
MEXC FET_USDT	+0.0100%	8h	$32.3M	$23.3M	200x	as long as short
KuCoin FETUSDTM	+0.0100%	8h	$10.0M	$17.8M	50x	as long as short
Bitget FETUSDT	+0.0100%	8h	$15.8M	$11.4M	75x	as long as short
BingX FET-USDT	+0.0100%	8h	—	$5.2M	—	as long as short
Variational Omni FET	+0.0100%	8h	$271K	$289K	—	as long as short
Extended FET-USD	+0.0104%	1h	$31K	$146K	10x	as long as short
GMX FET/USD [ETH-USDC]	L +0.0200% / S −0.0272%	1h	$13K	—	100x	as long as short
BloFin FET-USDT	+0.0220%	8h	$1.7M	$2.5M	100x	as long as short
Hyperliquid FET	+0.0225%	1h	$9.0M	$7.5M	5x	as long as short
Phoenix FET	+0.0446%	1h	$27K	$53K	5x	as long as short