Funding you earn now, next payment 23:00 UTC−0.0083%/8h= −9.1% APRpaid last 24h +0.001%
Price spread now: Extended against OKX−0.261%7-day average −0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$680.680% of the position
Funding, last 7 days−0.009%−$1 on $10k
+Price spread, last 4 days (all we have)+0.281%+$28 · spread now −0.261%, 7d avg −0.031%
=Together, before fees+0.272%+ Points / potential airdropExtended: Active · farm board+$27 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Extended is 0.230% cheaper against OKX than usual: you would sell low and buy high (−$23 if the spread goes back to its 7-day average of −0.031%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX FET-USDT-SWAP | 0.2030 | 0.0187 | pay 0.0094% / 4h | 1h 08m | $881K | $7.6M | 20x |
| Short | Extended FET-USD | 0.2025 | 0.0104 | get 0.0013% / 1h | 8m 02s | $34K | $190K | 10x |
OKX FET-USDT-SWAP
Extended FET-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against OKX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$17.5
- Price spread: −0.261% → −0.031%
- −$23
- Slippage, 4 orders
- −$52.98
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$108.47
- Costs to cover
- 0.680%
- Break-even
- never at this rate
Slippage from OKX: live order book, 5 min ago; Extended: live order book, 8 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 OKX live order book, 5 min ago | 2.47 bp | 13.0 bp −$13 | 52.6 bp −$526 | doesn't fit | doesn't fit |
| Sell Extended live order book, 8 min ago | 7.66 bp | 15.6 bp −$16 | 45.0 bp −$450 | doesn't fit | 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 | −0.3198% | 1h | 0.2023 | −0.345% | $27K | $200K | 10x | as long as short |
| Coinbase International FET-PERP-INTX | −0.0744% | 1h | 0.2027 | −0.148% | $152K | $202K | 50x | as long as short |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0012% | 1h | 0.2024 | −0.315% | $32K | — | 150x | as long as short |
| Gate FET_USDT | +0.0068% | 8h | 0.2024 | −0.296% | $2.8M | $12.0M | 50x | as long as short |
| Aster FETUSDT | +0.0100% | 8h | 0.2026 | −0.197% | $344K | $533K | 10x | as long as short |
| Binance FETUSDT | +0.0100% | 8h | 0.2026 | −0.212% | $31.7M | $107.6M | 75x | as long as short |
| MEXC FET_USDT | +0.0100% | 8h | 0.2025 | −0.246% | $34.6M | $25.2M | 200x | as long as short |
| KuCoin FETUSDTM | +0.0100% | 8h | 0.2025 | −0.246% | $10.5M | $19.1M | 50x | as long as short |
| Variational Omni FET | +0.0100% | 8h | 0.2023 | −0.334% | $285K | $327K | — | as long as short |
| Orderly PERP_FET_USDC | +0.0100% | 8h | 0.2024 | −0.296% | $37K | $5K | 10x | as long as short |
Deribit FET_USDC-PERPETUAL
Coinbase International FET-PERP-INTX
gTrade (Gains Network) FET/USD
Gate FET_USDT
Aster FETUSDT
Binance FETUSDT
MEXC FET_USDT
KuCoin FETUSDTM
Variational Omni FET
Orderly PERP_FET_USDCShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended FET-USDshort | +0.0104% | 1h | 0.2025 | −0.261% | $34K | $190K | 10x | |
| OKX FET-USDT-SWAPlong | +0.0187% | 4h | 0.2030 | long leg | $881K | $7.6M | 20x | |
| GMX FET/USD [ETH-USDC] | L +0.0201% / S −0.0278% | 1h | 0.2023 | −0.348% | $14K | — | 100x | as long as short |
| BloFin FET-USDT | +0.0220% | 8h | 0.2024 | −0.296% | $1.7M | $2.6M | 100x | as long as short |
| Hyperliquid FET | +0.0269% | 1h | 0.2028 | −0.089% | $8.9M | $7.9M | 5x | as long as short |
| BingX FET-USDT | +0.0313% | 8h | 0.2026 | −0.197% | — | $5.6M | — | as long as short |
| Bitget FETUSDT | +0.0329% | 8h | 0.2027 | −0.148% | $16.4M | $11.4M | 75x | as long as short |
| Kraken Futures PF_FETUSD | +0.0357% | 1h | 0.2027 | −0.170% | $1.0M | $2.2M | 50x | as long as short |
| Injective FET/USDC PERP | +0.0553% | 1h | 0.2010 | −0.985% | $3K | $166K | 12x | as long as short |
| Phoenix FET | +0.0599% | 1h | 0.2019 | −0.547% | $35K | $36K | 5x | as long as short |
GMX FET/USD [ETH-USDC]
BloFin FET-USDT
Hyperliquid FET
BingX FET-USDT
Bitget FETUSDT
Kraken Futures PF_FETUSD
Injective FET/USDC PERP
Phoenix FET