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

FET

all FET markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC−0.0023%/8h= −2.5% APRnext payment $0.23 per $10,000 · paid last 24h −0.003%
Price spread now: Aster against Binance+0.096%7-day average +0.030% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$570.565% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)+0.009%+$1 on $10k
Price spread, last 4 days (all we have)−0.028%−$3 · spread now +0.096%, 7d avg +0.030%
Together, before fees−0.019%+ Points / potential airdropAster: Stage 5 · farm board−$2 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.066% dearer against Binance than usual: you sell high and buy low (spread +0.096% now, against its 7-day average of +0.030%): +$7 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 9.6 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance FETUSDT0.20880.0123pay 0.0123% / 8h7h 15m$31.9M$111.9M75x
ShortAster FETUSDT0.20900.0100get 0.0100% / 8h7h 15m$190K$758K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

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

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$4.76
Price spread: +0.096% → +0.030%
$6.56
Slippage, 4 orders
−$38.5
Fee Binance: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$54.71
Costs to cover
0.565%
Break-even
never at this rate
Slippage from Binance: live order book, 12 min ago; Aster: live order book, 17 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 12 min ago2.44 bp11.9 bp −$1224.0 bp −$240209.8 bp −$21.0Kdoesn't fit
Sell Aster live order book, 17 min ago4.93 bp22.7 bp −$23231.6 bp −$2,316doesn't fitdoesn't fit

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−0.1663%1h0.2087−0.048%$43K$323K10xas long as short
Coinbase International FET-PERP-INTX−0.0736%1h0.2089+0.048%$144K$283K50xas long as short
Kraken Futures PF_FETUSD−0.0295%1h0.2090+0.117%$1.1M$2.1M50xas long as short
gTrade (Gains Network) FET/USDL +0.0006% / S −0.0004%1h0.2079−0.454%$21K150xas long as short
Injective FET/USDC PERP+0.0033%1h0.2100+0.575%$2K$166K12xas long as short
Aster FETUSDTshort+0.0100%8h0.2090+0.096%$190K$758K10x
Gate FET_USDT+0.0100%8h0.2089+0.048%$2.9M$12.3M50xas long as short
KuCoin FETUSDTM+0.0100%8h0.2090+0.096%$10.8M$17.7M50xas long as short
Variational Omni FET+0.0100%8h0.2087−0.038%$301K$580Kas long as short
Orderly PERP_FET_USDC+0.0100%8h0.2085−0.144%$37K$12K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget FETUSDT+0.0104%8h0.2092+0.192%$17.2M$11.6M75xas long as short
Binance FETUSDTlong+0.0123%8h0.2088long leg$31.9M$111.9M75x
MEXC FET_USDT+0.0124%8h0.2090+0.096%$29.8M$25.5M200xas long as short
BingX FET-USDT+0.0126%8h0.2090+0.096%$5.9Mas long as short
Extended FET-USD+0.0128%1h0.2087−0.026%$32K$204K10xas long as short
OKX FET-USDT-SWAP+0.0150%4h0.20880.000%$1.1M$8.1M20xas long as short
GMX FET/USD [ETH-USDC]L +0.0203% / S −0.0301%1h0.2079−0.452%$13K100xas long as short
BloFin FET-USDT+0.0244%8h0.2079−0.431%$1.5M$3.4M100xas long as short
Phoenix FET+0.0594%1h0.2083−0.225%$36K$35K5xas long as short
Hyperliquid FET+0.0736%1h0.2094+0.268%$8.9M$8.4M5xas long as short