Funding you earn now, next payment 06:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Binance against Extended+0.053%7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$570.569% of the position
Funding, last 7 days+0.012%+$1 on $10k
+Price spread, last 4 days (all we have)+0.032%+$3 · spread now +0.053%, 7d avg +0.036%
=Together, before fees+0.043%+ Points / potential airdropExtended: Active · farm board+$4 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended FET-USD | 0.2006 | 0.0104 | pay 0.0013% / 1h | 14m 04s | $33K | $202K | 10x |
| Short | Binance FETUSDT | 0.2007 | 0.0100 | get 0.0100% / 8h | 2h 14m | $30.6M | $114.7M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Extended. 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
- −$0.84
- Price spread: +0.053% → +0.036%
- $1.71
- Slippage, 4 orders
- −$41.92
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$56.06
- Costs to cover
- 0.569%
- Break-even
- never at this rate
Slippage from Extended: live order book, 32 min ago; Binance: live order book, 14 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 Extended live order book, 32 min ago | 9.06 bp | 17.8 bp −$18 | 144.9 bp −$1,449 | doesn't fit | doesn't fit |
| Sell Binance live order book, 14 min ago | 2.53 bp | 12.2 bp −$12 | 21.4 bp −$214 | 88.9 bp −$8,887 | 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 | −0.1244% | 1h | 0.2005 | −0.025% | $41K | $312K | 10x | as long as short |
| Coinbase International FET-PERP-INTX | −0.1152% | 1h | 0.1991 | −0.723% | $149K | $260K | 50x | as long as short |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0004% | 1h | 0.2003 | −0.115% | $20K | — | 150x | as long as short |
| Injective FET/USDC PERP | +0.0033% | 1h | 0.2010 | +0.224% | $3K | $166K | 12x | as long as short |
| Aster FETUSDT | +0.0100% | 8h | 0.2004 | −0.100% | $191K | $817K | 10x | as long as short |
| Binance FETUSDTshort | +0.0100% | 8h | 0.2007 | +0.053% | $30.6M | $114.7M | 75x | |
| Gate FET_USDT | +0.0100% | 8h | 0.2004 | −0.075% | $2.7M | $12.8M | 50x | as long as short |
| MEXC FET_USDT | +0.0100% | 8h | 0.2004 | −0.075% | $30.3M | $25.2M | 200x | as long as short |
| KuCoin FETUSDTM | +0.0100% | 8h | 0.2004 | −0.075% | $10.5M | $18.4M | 50x | as long as short |
| Variational Omni FET | +0.0100% | 8h | 0.2004 | −0.066% | $274K | $480K | — | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_FET_USDC | +0.0100% | 8h | 0.2003 | −0.125% | $38K | $7K | 10x | as long as short |
| Extended FET-USDlong | +0.0104% | 1h | 0.2006 | long leg | $33K | $202K | 10x | |
| BingX FET-USDT | +0.0193% | 8h | 0.2006 | +0.025% | — | $6.0M | — | as long as short |
| Bitget FETUSDT | +0.0194% | 8h | 0.2007 | +0.075% | $16.3M | $11.9M | 75x | as long as short |
| GMX FET/USD [ETH-USDC] | L +0.0201% / S −0.0301% | 1h | 0.2002 | −0.189% | $13K | — | 100x | as long as short |
| BloFin FET-USDT | +0.0220% | 8h | 0.2005 | −0.025% | $1.7M | $3.2M | 100x | as long as short |
| OKX FET-USDT-SWAP | +0.0417% | 4h | 0.2007 | +0.075% | $985K | $8.2M | 20x | as long as short |
| Kraken Futures PF_FETUSD | +0.0458% | 1h | 0.2008 | +0.118% | $1.0M | $2.2M | 50x | as long as short |
| Phoenix FET | +0.0649% | 1h | 0.2005 | −0.045% | $35K | $37K | 5x | as long as short |
| Hyperliquid FET | +0.0802% | 1h | 0.2007 | +0.090% | $8.5M | $8.4M | 5x | as long as short |
Extended FET-USD
Binance FETUSDT
Deribit FET_USDC-PERPETUAL
Coinbase International FET-PERP-INTX
gTrade (Gains Network) FET/USD
Injective FET/USDC PERP
Aster FETUSDT
Gate FET_USDT
MEXC FET_USDT
KuCoin FETUSDTM
Variational Omni FET
BingX FET-USDT
Bitget FETUSDT
GMX FET/USD [ETH-USDC]
BloFin FET-USDT
OKX FET-USDT-SWAP
Kraken Futures PF_FETUSD
Phoenix FET
Hyperliquid FET