Funding you earn now, next payment 02:00 UTC+0.4261%/8h= +466.6% APRnext payment +$5.33 per $10,000 · paid last 24h +0.460%
Price spread now: Extended against Deribit−0.015%7-day average −0.034% · 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−$46as in the Price arb table
costs, in and out, $10k−$480.476% of the position
Funding, last 6 days (all we have)+0.569%+$57 on $10k
+Price spread, last 3 days (all we have)+0.026%+$3 · spread now −0.015%, 7d avg −0.034%
=Together, before fees+0.595%+ Points / potential airdropExtended: Active · farm board+$59 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.034%, so right now this pair is about funding alone: +$128 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 6 days it paid 0.569% in total (about 36.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.33 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 | Deribit FET_USDC-PERPETUAL | 0.2033 | −0.4157 | get 0.0520% / 1h | 2m 35s | $30K | $230K | 10x |
| Short | Extended FET-USD | 0.2033 | 0.0104 | get 0.0013% / 1h | 2m 35s | $33K | $250K | 10x |
Deribit FET_USDC-PERPETUAL
Extended FET-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Deribit. 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
- $894.9
- Price spread: −0.015% → −0.034%
- $1.85
- Slippage, 4 orders
- −$35.6
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $849.15
- Costs to cover
- 0.476%
- Break-even
- 0.4 days
Slippage from Deribit: live order book, 1 min ago; Extended: live order book, 64 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 Deribit live order book, 1 min ago | 4.92 bp | 8.4 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 64 min ago | 8.78 bp | 13.6 bp −$14 | 36.3 bp −$363 | 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-PERPETUALlong | −0.4157% | 1h | 0.2033 | long leg | $30K | $230K | 10x | |
| Coinbase International FET-PERP-INTX | −0.0760% | 1h | 0.2041 | +0.394% | $148K | $220K | 50x | as long as short |
| Kraken Futures PF_FETUSD | −0.0736% | 1h | 0.2037 | +0.202% | $994K | $2.2M | 50x | as long as short |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0015% | 1h | 0.2034 | +0.049% | $23K | — | 150x | as long as short |
| Injective FET/USDC PERP | +0.0033% | 1h | 0.2010 | −1.131% | $3K | $166K | 12x | as long as short |
| Aster FETUSDT | +0.0100% | 8h | 0.2034 | +0.072% | $260K | $719K | 10x | as long as short |
| Binance FETUSDT | +0.0100% | 8h | 0.2034 | +0.056% | $31.7M | $111.7M | 75x | as long as short |
| Gate FET_USDT | +0.0100% | 8h | 0.2032 | −0.049% | $2.7M | $12.4M | 50x | as long as short |
| MEXC FET_USDT | +0.0100% | 8h | 0.2033 | 0.000% | $31.1M | $25.3M | 200x | as long as short |
| KuCoin FETUSDTM | +0.0100% | 8h | 0.2033 | 0.000% | $10.6M | $18.9M | 50x | as long as short |
Coinbase International FET-PERP-INTX
Kraken Futures PF_FETUSD
gTrade (Gains Network) FET/USD
Injective FET/USDC PERP
Aster FETUSDT
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 | 0.2039 | +0.302% | $337K | $420K | — | as long as short |
| Orderly PERP_FET_USDC | +0.0100% | 8h | 0.2033 | 0.000% | $38K | $7K | 10x | as long as short |
| Extended FET-USDshort | +0.0104% | 1h | 0.2033 | −0.015% | $33K | $250K | 10x | |
| GMX FET/USD [ETH-USDC] | L +0.0202% / S −0.0278% | 1h | 0.2032 | −0.026% | $14K | — | 100x | as long as short |
| OKX FET-USDT-SWAP | +0.0246% | 4h | 0.2036 | +0.148% | $1.0M | $8.1M | 20x | as long as short |
| BingX FET-USDT | +0.0362% | 8h | 0.2034 | +0.049% | — | $6.0M | — | as long as short |
| Bitget FETUSDT | +0.0385% | 8h | 0.2035 | +0.098% | $16.5M | $11.7M | 75x | as long as short |
| Phoenix FET | +0.0474% | 1h | 0.2042 | +0.428% | $36K | $43K | 5x | as long as short |
| Hyperliquid FET | +0.0480% | 1h | 0.2036 | +0.128% | $9.0M | $8.4M | 5x | as long as short |
Variational Omni FET
Orderly PERP_FET_USDC
GMX FET/USD [ETH-USDC]
OKX FET-USDT-SWAP
BingX FET-USDT
Bitget FETUSDT
Phoenix FET
Hyperliquid FET