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

FET

all FET markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: MEXC against Extended+0.024%7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$420.424% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.012%+$1 on $10k
Price spread, last 4 days (all we have)+0.030%+$3 · spread now +0.024%, 7d avg −0.002%
Together, before fees+0.042%+ Points / potential airdropExtended: Active · farm board+$4 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.027% dearer against Extended than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.002%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended FET-USD0.19770.0104pay 0.0013% / 1h30m 43s$33K$198K10x
ShortMEXC FET_USDT0.19770.0100get 0.0100% / 8h2h 30m$29.4M$25.1M200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Extended. 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
−$0.84
Price spread: +0.024% → −0.002%
$2.69
Slippage, 4 orders
−$37.41
Fee Extended: 2.5 bp × 2 orders
−$5
Fee MEXC: 0 bp × 2 orders
$0
Net
−$40.56
Costs to cover
0.424%
Break-even
never at this rate
Slippage from Extended: live order book, 16 min ago; MEXC: live order book, 3 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 Extended live order book, 16 min ago9.06 bp17.8 bp −$18144.9 bp −$1,449doesn't fitdoesn't fit
Sell MEXC live order book, 3 min ago2.53 bp2.5 bp −$39.2 bp −$9239.3 bp −$3,925159.0 bp −$79.5K

FET on 20 venues

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−0.3280%1h0.1976−0.026%$38K$299K10xas long as short
Coinbase International FET-PERP-INTX−0.1152%1h0.1995+0.935%$149K$259K50xas long as short
gTrade (Gains Network) FET/USDL +0.0006% / S −0.0004%1h0.1975−0.062%$20K150xas long as short
Injective FET/USDC PERP+0.0033%1h0.2010+1.694%$3K$166K12xas long as short
Aster FETUSDT+0.0100%8h0.1977+0.046%$188K$810K10xas long as short
Binance FETUSDT+0.0100%8h0.1977+0.020%$30.1M$114.5M75xas long as short
Gate FET_USDT+0.0100%8h0.1974−0.127%$2.6M$12.8M50xas long as short
MEXC FET_USDTshort+0.0100%8h0.1977+0.024%$29.4M$25.1M200x
KuCoin FETUSDTM+0.0100%8h0.1977+0.024%$10.3M$18.5M50xas long as short
Variational Omni FET+0.0100%8h0.1977+0.034%$271K$479Kas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_FET_USDC+0.0100%8h0.1976−0.026%$37K$7K10xas long as short
Extended FET-USDlong+0.0104%1h0.1977long leg$33K$198K10x
Bitget FETUSDT+0.0192%8h0.1975−0.077%$15.9M$11.9M75xas long as short
BingX FET-USDT+0.0195%8h0.1976−0.026%$6.0Mas long as short
GMX FET/USD [ETH-USDC]L +0.0201% / S −0.0301%1h0.1974−0.129%$13K100xas long as short
BloFin FET-USDT+0.0220%8h0.1979+0.126%$1.7M$3.2M100xas long as short
OKX FET-USDT-SWAP+0.0365%4h0.1976−0.026%$972K$8.1M20xas long as short
Kraken Futures PF_FETUSD+0.0464%1h0.1979+0.123%$1.0M$2.2M50xas long as short
Phoenix FET+0.0649%1h0.1996+1.001%$35K$37K5xas long as short
Hyperliquid FET+0.0842%1h0.1976−0.026%$8.4M$8.4M5xas long as short