data as of
Settings8H · net · $10k
Funding arb /

FET

all FET markets
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Funding spread now, next payment 16:00 UTC+0.0672%/8h
paid, last 24h+0.069%paid, last 3 days+0.179%to open and closeno order book
The current rate is far above what this pair has been paying: over the last 3 days it paid 0.179% in total (about 21.9% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni FET0.20130.0100pay 0.0100% / 8h21m 21s$275K$265K
ShortHyperliquid FET0.20260.0772get 0.0097% / 1h21m 21s$10.1M$6.6M5x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$141.15
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$132.15
Break-even
0.4 days
Slippage unknown: Variational Omni: RFQ quote, 29 min ago; Hyperliquid: live order book, 3 min ago. Net counts fees only.

Price risk

price view
Price gap now
+0.649%
Avg gap 7d
+0.035%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 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
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 29 min ago7.42 bpdoesn't fit22.3 bp −$223doesn't fitdoesn't fit
Sell Hyperliquid live order book, 3 min ago2.47 bp7.1 bp −$713.1 bp −$131doesn't fitdoesn't fit

FET on 20 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Deribit FET_USDC-PERPETUAL−0.1229%1h$18K$157K10xas long as short
Gate FET_USDT−0.0008%8h$2.8M$11.0M50xas long as short
gTrade (Gains Network) FET/USDL +0.0006% / S −0.0011%1h$36K150xas long as short
Injective FET/USDC PERP+0.0033%1h$2K$65K12xas long as short
Kraken Futures PF_FETUSD+0.0038%1h$1.0M$2.6M50xas long as short
Orderly PERP_FET_USDC+0.0078%8h$37K$38K10xas long as short
Aster FETUSDT+0.0100%8h$346K$509K10xas long as short
Binance FETUSDT+0.0100%8h$31.8M$104.3M75xas long as short
OKX FET-USDT-SWAP+0.0100%4h$862K$7.1M20xas long as short
MEXC FET_USDT+0.0100%8h$34.4M$20.6M200xas long as short
Show all 20 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
KuCoin FETUSDTM+0.0100%8h$10.1M$15.7M50xas long as short
Bitget FETUSDT+0.0100%8h$16.5M$11.3M75xas long as short
BingX FET-USDT+0.0100%8h$5.0Mas long as short
Variational Omni FETlong+0.0100%8h$275K$265K
Extended FET-USD+0.0104%1h$30K$147K10xas long as short
GMX FET/USD [ETH-USDC]L +0.0206% / S −0.0362%1h$14K100xas long as short
BloFin FET-USDT+0.0220%8h$1.7M$2.6M100xas long as short
Coinbase International FET-PERP-INTX+0.0288%1h$189K$193K50xas long as short
Phoenix FET+0.0316%1h$27K$52K5xas long as short
Hyperliquid FETshort+0.0772%1h$10.1M$6.6M5x