Funding you earn now, next payment 11:00 UTC−0.0116%/8h= −12.7% APRpaid last 24h −0.037%
Price spread now: Extended against BloFin−0.103%7-day average −0.078% · you buy dearer than you sell
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$620.625% of the position
Funding, last 7 days−0.268%−$27 on $10k
+Price spread, last 4 days (all we have)+0.136%+$14 · spread now −0.103%, 7d avg −0.078%
=Together, before fees−0.133%+ Points / potential airdropExtended: Active · farm board−$13 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Extended is 0.025% cheaper against BloFin than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.078%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin FET-USDT | 0.2062 | 0.0220 | pay 0.0220% / 8h | 5h 08m | $1.8M | $3.3M | 100x |
| Short | Extended FET-USD | 0.2060 | 0.0104 | get 0.0013% / 1h | 8m 22s | $38K | $212K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against BloFin. 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
- −$24.36
- Price spread: −0.103% → −0.078%
- −$2.47
- Slippage, 4 orders
- −$45.48
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$89.32
- Costs to cover
- 0.625%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 3 min ago; Extended: live order book, 36 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 BloFin live order book, 3 min ago | 4.86 bp | 10.9 bp −$11 | 26.1 bp −$261 | 158.7 bp −$15.9K | doesn't fit |
| Sell Extended live order book, 36 min ago | 10.32 bp | 18.8 bp −$19 | 90.6 bp −$906 | doesn't fit | doesn't fit |
FET on 20 exchanges
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 | −0.6497% | 1h | 0.2061 | −0.048% | $33K | $321K | 10x | as long as short |
| Kraken Futures PF_FETUSD | −0.1162% | 1h | 0.2064 | +0.084% | $1.0M | $2.0M | 50x | as long as short |
| Coinbase International FET-PERP-INTX | −0.1152% | 1h | 0.2073 | +0.533% | $144K | $276K | 50x | as long as short |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0003% | 1h | 0.2060 | −0.119% | $10K | — | 150x | as long as short |
| Injective FET/USDC PERP | +0.0033% | 1h | 0.2100 | +1.843% | $2K | $166K | 12x | as long as short |
| Aster FETUSDT | +0.0100% | 8h | 0.2058 | −0.172% | $159K | $748K | 10x | as long as short |
| Binance FETUSDT | +0.0100% | 8h | 0.2059 | −0.170% | $31.7M | $111.1M | 75x | as long as short |
| OKX FET-USDT-SWAP | +0.0100% | 4h | 0.2059 | −0.145% | $995K | $7.6M | 20x | as long as short |
| Gate FET_USDT | +0.0100% | 8h | 0.2058 | −0.194% | $2.9M | $12.8M | 50x | as long as short |
| MEXC FET_USDT | +0.0100% | 8h | 0.2058 | −0.194% | $29.7M | $26.0M | 200x | as long as short |
Show all 20 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin FETUSDTM | +0.0100% | 8h | 0.2059 | −0.145% | $10.9M | $17.2M | 50x | as long as short |
| Bitget FETUSDT | +0.0100% | 8h | 0.2058 | −0.194% | $16.3M | $12.1M | 75x | as long as short |
| BingX FET-USDT | +0.0100% | 8h | 0.2059 | −0.145% | — | $5.8M | — | as long as short |
| Variational Omni FET | +0.0100% | 8h | 0.2059 | −0.147% | $304K | $599K | — | as long as short |
| Orderly PERP_FET_USDC | +0.0100% | 8h | 0.2057 | −0.242% | $36K | $12K | 10x | as long as short |
| Extended FET-USDshort | +0.0104% | 1h | 0.2060 | −0.103% | $38K | $212K | 10x | |
| GMX FET/USD [ETH-USDC] | L +0.0203% / S −0.0304% | 1h | 0.2060 | −0.077% | $13K | — | 100x | as long as short |
| BloFin FET-USDTlong | +0.0220% | 8h | 0.2062 | long leg | $1.8M | $3.3M | 100x | |
| Phoenix FET | +0.0418% | 1h | 0.2066 | +0.170% | $36K | $36K | 5x | as long as short |
| Hyperliquid FET | +0.0853% | 1h | 0.2062 | +0.010% | $9.9M | $8.2M | 5x | as long as short |
BloFin FET-USDT
Extended FET-USD
Deribit FET_USDC-PERPETUAL
Kraken Futures PF_FETUSD
Coinbase International FET-PERP-INTX
gTrade (Gains Network) FET/USD
Injective FET/USDC PERP
Aster FETUSDT
Binance FETUSDT
OKX FET-USDT-SWAP
Gate FET_USDT
MEXC FET_USDT
KuCoin FETUSDTM
Bitget FETUSDT
BingX FET-USDT
Variational Omni FET
GMX FET/USD [ETH-USDC]
Phoenix FET
Hyperliquid FET