Funding you earn now, next payment 08:00 UTC−0.0252%/8h= −27.6% APRnext payment −$2.52 per $10,000 · paid last 24h −0.021%
Price spread now: Aster against Bitget−0.269%7-day average +0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$113as in the Price arb table
costs, in and out, $10k−$840.836% of the position
Funding, last 5 days (all we have)−0.021%−$2 on $10k
+Price spread, last 4 days (all we have)+0.366%+$37 · spread now −0.269%, 7d avg +0.023%
=Together, before fees+0.346%+ Points / potential airdropAster: Stage 5 · farm board+$35 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Aster is 0.292% cheaper against Bitget than usual: you would sell low and buy high (−$29 if the spread goes back to its 7-day average of +0.023%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid -0.021% in total (about -1.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.52 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget FETUSDT | 0.2027 | 0.0352 | pay 0.0352% / 8h | 6h 29m | $16.3M | $11.8M | 75x |
| Short | Aster FETUSDT | 0.2022 | 0.0100 | get 0.0100% / 8h | 6h 29m | $260K | $718K | 10x |
Bitget FETUSDT
Aster FETUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Bitget. 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
- −$52.92
- Price spread: −0.269% → +0.023%
- −$29.16
- Slippage, 4 orders
- −$63.58
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$165.66
- Costs to cover
- 0.836%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 4 min ago; Aster: live order book, 38 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 Bitget live order book, 4 min ago | 2.48 bp | 13.4 bp −$13 | 40.4 bp −$404 | doesn't fit | doesn't fit |
| Sell Aster live order book, 38 min ago | 9.73 bp | 26.8 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
FET on 19 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 | −0.4674% | 1h | 0.2021 | −0.296% | $29K | $231K | 10x | as long as short |
| Coinbase International FET-PERP-INTX | −0.0760% | 1h | 0.2019 | −0.395% | $147K | $216K | 50x | as long as short |
| Kraken Futures PF_FETUSD | −0.0740% | 1h | 0.2026 | −0.032% | $988K | $2.2M | 50x | as long as short |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0015% | 1h | 0.2020 | −0.346% | $23K | — | 150x | as long as short |
| Injective FET/USDC PERP | +0.0033% | 1h | 0.2010 | −0.839% | $3K | $166K | 12x | as long as short |
| Aster FETUSDTshort | +0.0100% | 8h | 0.2022 | −0.269% | $260K | $718K | 10x | |
| Binance FETUSDT | +0.0100% | 8h | 0.2024 | −0.148% | $31.3M | $112.7M | 75x | as long as short |
| Gate FET_USDT | +0.0100% | 8h | 0.2022 | −0.247% | $2.7M | $12.4M | 50x | as long as short |
| MEXC FET_USDT | +0.0100% | 8h | 0.2023 | −0.197% | $31.9M | $25.0M | 200x | as long as short |
| KuCoin FETUSDTM | +0.0100% | 8h | 0.2025 | −0.099% | $10.6M | $19.2M | 50x | as long as short |
Deribit FET_USDC-PERPETUAL
Coinbase International FET-PERP-INTX
Kraken Futures PF_FETUSD
gTrade (Gains Network) FET/USD
Injective FET/USDC PERP
Binance FETUSDT
Gate FET_USDT
MEXC FET_USDT
KuCoin FETUSDTMShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni FET | +0.0100% | 8h | 0.2017 | −0.484% | $333K | $420K | — | as long as short |
| Orderly PERP_FET_USDC | +0.0100% | 8h | 0.2020 | −0.345% | $38K | $7K | 10x | as long as short |
| Extended FET-USD | +0.0104% | 1h | 0.2024 | −0.172% | $33K | $247K | 10x | as long as short |
| OKX FET-USDT-SWAP | +0.0156% | 4h | 0.2028 | +0.049% | $993K | $8.1M | 20x | as long as short |
| GMX FET/USD [ETH-USDC] | L +0.0201% / S −0.0278% | 1h | 0.2019 | −0.395% | $13K | — | 100x | as long as short |
| Hyperliquid FET | +0.0211% | 1h | 0.2027 | 0.000% | $9.0M | $8.3M | 5x | as long as short |
| BingX FET-USDT | +0.0326% | 8h | 0.2024 | −0.148% | — | $6.0M | — | as long as short |
| Bitget FETUSDTlong | +0.0352% | 8h | 0.2027 | long leg | $16.3M | $11.8M | 75x | |
| Phoenix FET | +0.0474% | 1h | 0.2020 | −0.355% | $35K | $43K | 5x | as long as short |
Variational Omni FET
Orderly PERP_FET_USDC
Extended FET-USD
OKX FET-USDT-SWAP
GMX FET/USD [ETH-USDC]
Hyperliquid FET
BingX FET-USDT
Phoenix FET