Settings8H · net · $10k
Funding arb · Price arb /

FET

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h +0.039%
Price spread now: Injective against Aster−1.913%57s7-day average −0.615% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.120%+$12 on $10k
Price spread, last 3 days (all we have)+1.266%+$127 · spread now −1.913%, 7d avg −0.615%
Together, before fees+1.385%+ Points / potential airdropAster: Stage 5 · farm board+$139 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 Injective is 1.298% cheaper against Aster than usual: you would sell low and buy high (−$130 if the spread goes back to its 7-day average of −0.615%). Swap the legs. Mind the row above: over the last 5 days funding on this pair paid +0.120%, so the current rate has only just turned against you. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster FETUSDT0.20490.0100pay 0.0100% / 8h52m 24s$342K$540K10x
ShortInjective FET/USDC PERP0.20100.0033get 0.0004% / 1h52m 24s$3K$166K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against Aster. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$14
Price spread: −1.913% → −0.615%
−$129.8
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$151.82
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Aster: live order book, 25 min ago; Injective: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 25 min ago9.93 bp27.6 bp −$28353.9 bp −$3,539doesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: 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: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit FET_USDC-PERPETUAL−0.3158%1h0.2047−0.107%$28K$200K10xas long as short
Coinbase International FET-PERP-INTX−0.0728%1h0.2051+0.088%$153K$205K50xas long as short
Kraken Futures PF_FETUSD−0.0476%1h0.2049−0.029%$1.0M$2.2M50xas long as short
gTrade (Gains Network) FET/USDL +0.0006% / S −0.0012%1h0.2047−0.125%$32K150xas long as short
Injective FET/USDC PERPshort+0.0033%1h0.2010−1.913%$3K$166K12x
Gate FET_USDT+0.0069%8h0.2046−0.156%$2.8M$12.0M50xas long as short
Aster FETUSDTlong+0.0100%8h0.2049long leg$342K$540K10x
Binance FETUSDT+0.0100%8h0.2047−0.121%$32.0M$108.0M75xas long as short
MEXC FET_USDT+0.0100%8h0.2049−0.010%$34.8M$24.8M200xas long as short
KuCoin FETUSDTM+0.0100%8h0.2047−0.107%$10.6M$19.1M50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni FET+0.0100%8h0.2046−0.145%$289K$327Kas long as short
Orderly PERP_FET_USDC+0.0100%8h0.2045−0.205%$38K$5K10xas long as short
Extended FET-USD+0.0104%1h0.2046−0.141%$34K$190K10xas long as short
GMX FET/USD [ETH-USDC]L +0.0201% / S −0.0278%1h0.2046−0.148%$14K100xas long as short
BloFin FET-USDT+0.0220%8h0.2049−0.010%$1.7M$2.7M100xas long as short
BingX FET-USDT+0.0321%8h0.2047−0.107%$5.6Mas long as short
OKX FET-USDT-SWAP+0.0321%4h0.2050+0.039%$998K$7.8M20xas long as short
Bitget FETUSDT+0.0339%8h0.2049−0.010%$16.5M$11.4M75xas long as short
Phoenix FET+0.0508%1h0.2048−0.044%$36K$45K5xas long as short
Hyperliquid FET+0.0991%1h0.2050+0.044%$9.1M$7.9M5xas long as short