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 − costs—under 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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance FETUSDT | 0.2088 | 0.0123 | pay 0.0123% / 8h | 7h 15m | $31.9M | $111.9M | 75x |
| Short | Aster FETUSDT | 0.2090 | 0.0100 | get 0.0100% / 8h | 7h 15m | $190K | $758K | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 12 min ago | 2.44 bp | 11.9 bp −$12 | 24.0 bp −$240 | 209.8 bp −$21.0K | doesn't fit |
| Sell Aster live order book, 17 min ago | 4.93 bp | 22.7 bp −$23 | 231.6 bp −$2,316 | doesn't fit | doesn't fit |
FET on 20 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit FET_USDC-PERPETUAL | −0.1663% | 1h | 0.2087 | −0.048% | $43K | $323K | 10x | as long as short |
| Coinbase International FET-PERP-INTX | −0.0736% | 1h | 0.2089 | +0.048% | $144K | $283K | 50x | as long as short |
| Kraken Futures PF_FETUSD | −0.0295% | 1h | 0.2090 | +0.117% | $1.1M | $2.1M | 50x | as long as short |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0004% | 1h | 0.2079 | −0.454% | $21K | — | 150x | as long as short |
| Injective FET/USDC PERP | +0.0033% | 1h | 0.2100 | +0.575% | $2K | $166K | 12x | as long as short |
| Aster FETUSDTshort | +0.0100% | 8h | 0.2090 | +0.096% | $190K | $758K | 10x | |
| Gate FET_USDT | +0.0100% | 8h | 0.2089 | +0.048% | $2.9M | $12.3M | 50x | as long as short |
| KuCoin FETUSDTM | +0.0100% | 8h | 0.2090 | +0.096% | $10.8M | $17.7M | 50x | as long as short |
| Variational Omni FET | +0.0100% | 8h | 0.2087 | −0.038% | $301K | $580K | — | as long as short |
| Orderly PERP_FET_USDC | +0.0100% | 8h | 0.2085 | −0.144% | $37K | $12K | 10x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget FETUSDT | +0.0104% | 8h | 0.2092 | +0.192% | $17.2M | $11.6M | 75x | as long as short |
| Binance FETUSDTlong | +0.0123% | 8h | 0.2088 | long leg | $31.9M | $111.9M | 75x | |
| MEXC FET_USDT | +0.0124% | 8h | 0.2090 | +0.096% | $29.8M | $25.5M | 200x | as long as short |
| BingX FET-USDT | +0.0126% | 8h | 0.2090 | +0.096% | — | $5.9M | — | as long as short |
| Extended FET-USD | +0.0128% | 1h | 0.2087 | −0.026% | $32K | $204K | 10x | as long as short |
| OKX FET-USDT-SWAP | +0.0150% | 4h | 0.2088 | 0.000% | $1.1M | $8.1M | 20x | as long as short |
| GMX FET/USD [ETH-USDC] | L +0.0203% / S −0.0301% | 1h | 0.2079 | −0.452% | $13K | — | 100x | as long as short |
| BloFin FET-USDT | +0.0244% | 8h | 0.2079 | −0.431% | $1.5M | $3.4M | 100x | as long as short |
| Phoenix FET | +0.0594% | 1h | 0.2083 | −0.225% | $36K | $35K | 5x | as long as short |
| Hyperliquid FET | +0.0736% | 1h | 0.2094 | +0.268% | $8.9M | $8.4M | 5x | as long as short |
Binance FETUSDT
Aster FETUSDT
Deribit FET_USDC-PERPETUAL
Coinbase International FET-PERP-INTX
Kraken Futures PF_FETUSD
gTrade (Gains Network) FET/USD
Injective FET/USDC PERP
Gate FET_USDT
KuCoin FETUSDTM
Variational Omni FET
Bitget FETUSDT
MEXC FET_USDT
BingX FET-USDT
Extended FET-USD
OKX FET-USDT-SWAP
GMX FET/USD [ETH-USDC]
BloFin FET-USDT
Phoenix FET
Hyperliquid FET