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

FET

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin FET-USDT0.20620.0220pay 0.0220% / 8h5h 08m$1.8M$3.3M100x
ShortExtended FET-USD0.20600.0104get 0.0013% / 1h8m 22s$38K$212K10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 3 min ago4.86 bp10.9 bp −$1126.1 bp −$261158.7 bp −$15.9Kdoesn't fit
Sell Extended live order book, 36 min ago10.32 bp18.8 bp −$1990.6 bp −$906doesn't fitdoesn't fit

FET on 20 exchanges

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−0.6497%1h0.2061−0.048%$33K$321K10xas long as short
Kraken Futures PF_FETUSD−0.1162%1h0.2064+0.084%$1.0M$2.0M50xas long as short
Coinbase International FET-PERP-INTX−0.1152%1h0.2073+0.533%$144K$276K50xas long as short
gTrade (Gains Network) FET/USDL +0.0006% / S −0.0003%1h0.2060−0.119%$10K150xas long as short
Injective FET/USDC PERP+0.0033%1h0.2100+1.843%$2K$166K12xas long as short
Aster FETUSDT+0.0100%8h0.2058−0.172%$159K$748K10xas long as short
Binance FETUSDT+0.0100%8h0.2059−0.170%$31.7M$111.1M75xas long as short
OKX FET-USDT-SWAP+0.0100%4h0.2059−0.145%$995K$7.6M20xas long as short
Gate FET_USDT+0.0100%8h0.2058−0.194%$2.9M$12.8M50xas long as short
MEXC FET_USDT+0.0100%8h0.2058−0.194%$29.7M$26.0M200xas long as short
Show all 20 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin FETUSDTM+0.0100%8h0.2059−0.145%$10.9M$17.2M50xas long as short
Bitget FETUSDT+0.0100%8h0.2058−0.194%$16.3M$12.1M75xas long as short
BingX FET-USDT+0.0100%8h0.2059−0.145%$5.8Mas long as short
Variational Omni FET+0.0100%8h0.2059−0.147%$304K$599Kas long as short
Orderly PERP_FET_USDC+0.0100%8h0.2057−0.242%$36K$12K10xas long as short
Extended FET-USDshort+0.0104%1h0.2060−0.103%$38K$212K10x
GMX FET/USD [ETH-USDC]L +0.0203% / S −0.0304%1h0.2060−0.077%$13K100xas long as short
BloFin FET-USDTlong+0.0220%8h0.2062long leg$1.8M$3.3M100x
Phoenix FET+0.0418%1h0.2066+0.170%$36K$36K5xas long as short
Hyperliquid FET+0.0853%1h0.2062+0.010%$9.9M$8.2M5xas long as short