Funding you earn now, next payment 23:00 UTC−0.0211%/8h= −23.1% APRpaid last 24h +0.001%
Price spread now: Extended against Bitget−0.142%7-day average −0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$640.638% of the position
Funding, last 7 days−0.092%−$9 on $10k
+Price spread, last 4 days (all we have)+0.144%+$14 · spread now −0.142%, 7d avg −0.044%
=Together, before fees+0.052%+ Points / potential airdropExtended: Active · farm board+$5 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Extended is 0.098% cheaper against Bitget than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.044%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.092% in total (about -4.8% 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget FETUSDT | 0.2014 | 0.0315 | pay 0.0315% / 8h | 1h 33m | $16.4M | $11.4M | 75x |
| Short | Extended FET-USD | 0.2011 | 0.0104 | get 0.0013% / 1h | 33m 56s | $34K | $190K | 10x |
Bitget FETUSDT
Extended FET-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$44.31
- Price spread: −0.142% → −0.044%
- −$9.77
- Slippage, 4 orders
- −$46.76
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$117.84
- Costs to cover
- 0.638%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 5 min ago; Extended: live order book, 47 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, 5 min ago | 4.94 bp | 13.6 bp −$14 | 34.1 bp −$341 | doesn't fit | doesn't fit |
| Sell Extended live order book, 47 min ago | 9.17 bp | 17.9 bp −$18 | 73.8 bp −$738 | 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 | −0.4205% | 1h | 0.2011 | −0.149% | $27K | $200K | 10x | as long as short |
| Coinbase International FET-PERP-INTX | −0.0744% | 1h | 0.2011 | −0.149% | $151K | $200K | 50x | as long as short |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0012% | 1h | 0.2011 | −0.139% | $32K | — | 150x | as long as short |
| Gate FET_USDT | +0.0048% | 8h | 0.2010 | −0.199% | $2.7M | $11.9M | 50x | as long as short |
| Aster FETUSDT | +0.0100% | 8h | 0.2013 | −0.033% | $342K | $535K | 10x | as long as short |
| Binance FETUSDT | +0.0100% | 8h | 0.2013 | −0.072% | $31.5M | $107.4M | 75x | as long as short |
| MEXC FET_USDT | +0.0100% | 8h | 0.2012 | −0.099% | $34.5M | $25.1M | 200x | as long as short |
| KuCoin FETUSDTM | +0.0100% | 8h | 0.2011 | −0.149% | $10.4M | $19.1M | 50x | as long as short |
| Variational Omni FET | +0.0100% | 8h | 0.2016 | +0.113% | $274K | $317K | — | as long as short |
| Orderly PERP_FET_USDC | +0.0100% | 8h | 0.2010 | −0.199% | $37K | $5K | 10x | as long as short |
Deribit FET_USDC-PERPETUAL
Coinbase International FET-PERP-INTX
gTrade (Gains Network) FET/USD
Gate FET_USDT
Aster FETUSDT
Binance FETUSDT
MEXC FET_USDT
KuCoin FETUSDTM
Variational Omni FET
Orderly PERP_FET_USDCShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended FET-USDshort | +0.0104% | 1h | 0.2011 | −0.142% | $34K | $190K | 10x | |
| OKX FET-USDT-SWAP | +0.0156% | 4h | 0.2016 | +0.099% | $857K | $7.5M | 20x | as long as short |
| Hyperliquid FET | +0.0163% | 1h | 0.2013 | −0.045% | $8.9M | $7.9M | 5x | as long as short |
| GMX FET/USD [ETH-USDC] | L +0.0201% / S −0.0278% | 1h | 0.2010 | −0.214% | $13K | — | 100x | as long as short |
| BloFin FET-USDT | +0.0220% | 8h | 0.2017 | +0.149% | $1.7M | $2.6M | 100x | as long as short |
| BingX FET-USDT | +0.0299% | 8h | 0.2013 | −0.050% | — | $5.6M | — | as long as short |
| Bitget FETUSDTlong | +0.0315% | 8h | 0.2014 | long leg | $16.4M | $11.4M | 75x | |
| Kraken Futures PF_FETUSD | +0.0360% | 1h | 0.2014 | +0.017% | $1.0M | $2.2M | 50x | as long as short |
| Injective FET/USDC PERP | +0.0553% | 1h | 0.2010 | −0.199% | $3K | $166K | 12x | as long as short |
| Phoenix FET | +0.0599% | 1h | 0.2017 | +0.164% | $27K | $36K | 5x | as long as short |
OKX FET-USDT-SWAP
Hyperliquid FET
GMX FET/USD [ETH-USDC]
BloFin FET-USDT
BingX FET-USDT
Kraken Futures PF_FETUSD
Injective FET/USDC PERP
Phoenix FET