After costs, if the gap returns to its 7d average, $10k+$35
spread now+0.794%7d average−0.001%fees + slippage, in and out−$45spread needed0.445%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin FET-USDT | 0.1978 | 0.0220 | pay 0.0220% / 8h | 2h 39m | $1.6M | $1.8M | 100x |
| Short | Hyperliquid FET | 0.1994 | 0.0848 | get 0.0106% / 1h | 39m 32s | $9.7M | $5.3M | 5x |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $79.37
- Funding while held
- $18.84
- Slippage, 4 orders
- −$23.51
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $53.7
- Spread needed to break even
- 0.445%
Slippage from BloFin: live order book, 5 min ago; Hyperliquid: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0628%
- Per $10,000 a day
- +$18.84
- Average in range /8h
- —
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, 5 min ago | 7.58 bp | 13.6 bp −$14 | 31.8 bp −$318 | 155.3 bp −$15.5K | doesn't fit |
| Sell Hyperliquid live order book, 4 min ago | 0.25 bp | 4.8 bp −$5 | 7.8 bp −$78 | doesn't fit | doesn't fit |
FET price on every exchange
against the cheapest. Click to use as the short leg.FET on 20 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective FET/USDC PERP | −12.032% | +0.0033% | 1h | $2K | $65K | 12x | as long as short |
| Variational Omni FET | −0.096% | +0.0100% | 8h | $275K | $138K | — | as long as short |
| BloFin FET-USDTlong | 0.000% | +0.0220% | 8h | $1.6M | $1.8M | 100x | |
| Phoenix FET | +0.187% | +0.0282% | 1h | $27K | $43K | 5x | as long as short |
| Gate FET_USDT | +0.303% | −0.0139% | 8h | $2.6M | $8.0M | 75x | as long as short |
| MEXC FET_USDT | +0.303% | +0.0100% | 8h | $36.7M | $16.0M | 200x | as long as short |
| BingX FET-USDT | +0.303% | +0.0100% | 8h | — | $4.1M | — | as long as short |
| Extended FET-USD | +0.350% | +0.0104% | 1h | $32K | $149K | 10x | as long as short |
| Bitget FETUSDT | +0.404% | +0.0100% | 8h | $15.3M | $8.8M | 75x | as long as short |
| Binance FETUSDT | +0.430% | +0.0100% | 8h | $30.2M | $83.9M | 75x | as long as short |
Show all 20 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Orderly PERP_FET_USDC | +0.506% | +0.0076% | 8h | $37K | $49K | 10x | as long as short |
| GMX FET/USD [ETH-USDC] | +0.532% | L +0.0204% / S −0.0355% | 1h | $13K | — | 100x | as long as short |
| OKX FET-USDT-SWAP | +0.556% | +0.0100% | 4h | $886K | $5.4M | 20x | as long as short |
| Deribit FET_USDC-PERPETUAL | +0.556% | −0.1256% | 1h | $36K | $116K | 10x | as long as short |
| gTrade (Gains Network) FET/USD | +0.579% | L +0.0005% / S −0.0020% | 1h | $22K | — | 150x | as long as short |
| Aster FETUSDT | +0.605% | +0.0100% | 8h | $194K | $259K | 10x | as long as short |
| KuCoin FETUSDTM | +0.607% | +0.0100% | 8h | $9.2M | $11.6M | 50x | as long as short |
| Coinbase International FET-PERP-INTX | +0.708% | +0.0088% | 1h | $182K | $208K | 50x | as long as short |
| Kraken Futures PF_FETUSD | +0.783% | −0.0053% | 1h | $1.1M | $2.3M | 50x | as long as short |
| Hyperliquid FETshort | +0.794% | +0.0848% | 1h | $9.7M | $5.3M | 5x |
BloFin FET-USDT
Hyperliquid FET
Injective
Variational Omni
Phoenix
Gate
MEXC
BingX
Extended
Bitget
Binance
GMX
OKX
Deribit
gTrade (Gains Network)
Aster
KuCoin
Coinbase International
Kraken Futures