FET

Alert

Funding spread now, next payment 13:00 UTC−0.0062%/8h

paid, last 24h−0.042%paid, last 5 days−0.041%to open and closeno order book

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phoenix FET	0.1989	0.0282	pay 0.0035% / 1h	33m 16s	$27K	$43K	5x
Short	BloFin FET-USDT	0.1970	0.0220	get 0.0220% / 8h	2h 33m	$1.6M	$1.8M	100x

Funding history

latest

Range statsloading…

Funding on every exchange

click an exchange to add or hide it

latest

Profit calculator

Position, each leg$Hold fordaysFee PhoenixbpFee BloFinbpOrdersRate

Funding earned: −$13.09
Slippage, 4 orders: no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$32.09
Break-even: never at this rate

Slippage unknown: Phoenix: no order-book sample; BloFin: live order book, 1 min ago. Net counts fees only.

Price risk

price view

Price gap now: −0.980%
Avg gap 7d: —

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 Phoenix no order-book sample	—	—	—	—	—
Sell BloFin live order book, 1 min ago	15.19 bp	22.5 bp −$23	34.4 bp −$344	125.1 bp −$12.5K	doesn't fit

Phoenix: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

FET on 20 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Deribit FET_USDC-PERPETUAL	−0.1772%	1h	$36K	$116K	10x	as long as short
Gate FET_USDT	−0.0142%	8h	$2.6M	$8.0M	75x	as long as short
Kraken Futures PF_FETUSD	−0.0054%	1h	$1.0M	$2.3M	50x	as long as short
gTrade (Gains Network) FET/USD	L +0.0005% / S −0.0006%	1h	$31K	—	150x	as long as short
Injective FET/USDC PERP	+0.0033%	1h	$2K	$65K	12x	as long as short
Orderly PERP_FET_USDC	+0.0076%	8h	$37K	$48K	10x	as long as short
Coinbase International FET-PERP-INTX	+0.0088%	1h	$181K	$208K	50x	as long as short
Aster FETUSDT	+0.0100%	8h	$189K	$263K	10x	as long as short
Binance FETUSDT	+0.0100%	8h	$30.0M	$84.1M	75x	as long as short
OKX FET-USDT-SWAP	+0.0100%	4h	$882K	$5.4M	20x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
MEXC FET_USDT	+0.0100%	8h	$36.0M	$16.2M	200x	as long as short
KuCoin FETUSDTM	+0.0100%	8h	$9.1M	$11.6M	50x	as long as short
Bitget FETUSDT	+0.0100%	8h	$15.3M	$8.8M	75x	as long as short
BingX FET-USDT	+0.0100%	8h	—	$4.1M	—	as long as short
Variational Omni FET	+0.0100%	8h	$277K	$140K	—	as long as short
Extended FET-USD	+0.0104%	1h	$32K	$148K	10x	as long as short
GMX FET/USD [ETH-USDC]	L +0.0204% / S −0.0355%	1h	$13K	—	100x	as long as short
BloFin FET-USDTshort	+0.0220%	8h	$1.6M	$1.8M	100x
Phoenix FETlong	+0.0282%	1h	$27K	$43K	5x
Hyperliquid FET	+0.0719%	1h	$9.6M	$5.3M	5x	as long as short