FET

Alert

Funding spread now, next payment 16:00 UTC+0.0643%/8h

paid, last 24h+0.069%paid, last 7 days+0.185%to open and close $10k−$67

The current rate is far above what this pair has been paying: over the last 7 days it paid 0.185% in total (about 9.7% 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	0.2026	0.0100	pay 0.0050% / 4h	11m 44s	$868K	$7.1M	20x
Short	Hyperliquid FET	0.2028	0.0743	get 0.0093% / 1h	11m 44s	$10.1M	$6.6M	5x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee OKXbpFee HyperliquidbpOrdersRate

Funding earned: $135.02
Slippage, 4 orders: −$47.87
Fee OKX: 5 bp × 2 orders: −$10
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: $68.15
Break-even: 3.5 days

Slippage from OKX: live order book, 3 min ago; Hyperliquid: live order book, 2 min ago.

Price risk

price view

Price gap now: +0.114%
Avg gap 7d: +0.109%

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, 3 min ago	4.93 bp	20.2 bp −$20	70.8 bp −$708	doesn't fit	doesn't fit
Sell Hyperliquid live order book, 2 min ago	5.67 bp	17.3 bp −$17	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-PERPETUAL	−0.1721%	1h	$19K	$157K	10x	as long as short
Gate FET_USDT	0.0000%	8h	$2.8M	$11.0M	50x	as long as short
gTrade (Gains Network) FET/USD	L +0.0006% / S −0.0011%	1h	$36K	—	150x	as long as short
Injective FET/USDC PERP	+0.0033%	1h	$2K	$65K	12x	as long as short
Kraken Futures PF_FETUSD	+0.0038%	1h	$1.0M	$2.6M	50x	as long as short
Orderly PERP_FET_USDC	+0.0078%	8h	$37K	$38K	10x	as long as short
Aster FETUSDT	+0.0100%	8h	$346K	$510K	10x	as long as short
Binance FETUSDT	+0.0100%	8h	$31.8M	$104.5M	75x	as long as short
OKX FET-USDT-SWAPlong	+0.0100%	4h	$868K	$7.1M	20x
MEXC FET_USDT	+0.0100%	8h	$35.0M	$20.7M	200x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
KuCoin FETUSDTM	+0.0100%	8h	$10.1M	$15.8M	50x	as long as short
Bitget FETUSDT	+0.0100%	8h	$16.6M	$11.3M	75x	as long as short
BingX FET-USDT	+0.0100%	8h	—	$5.0M	—	as long as short
Variational Omni FET	+0.0100%	8h	$280K	$269K	—	as long as short
Extended FET-USD	+0.0104%	1h	$31K	$147K	10x	as long as short
GMX FET/USD [ETH-USDC]	L +0.0206% / S −0.0362%	1h	$14K	—	100x	as long as short
BloFin FET-USDT	+0.0220%	8h	$1.7M	$2.6M	100x	as long as short
Coinbase International FET-PERP-INTX	+0.0288%	1h	$185K	$194K	50x	as long as short
Phoenix FET	+0.0316%	1h	$27K	$52K	5x	as long as short
Hyperliquid FETshort	+0.0743%	1h	$10.1M	$6.6M	5x