Funding you earn now, next payment 05:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Variational Omni against Extended−0.064%7-day average +0.043% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.008%−$1 on $10k
+Price spread, last 4 days (all we have)+0.428%+$43 · spread now −0.064%, 7d avg +0.043%
=Together, before fees+0.420%+ Points / potential airdropExtended: Active · Variational Omni: Active · farm board+$42 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: Variational Omni is 0.106% cheaper against Extended than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.043%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended FET-USD | 0.2017 | 0.0104 | pay 0.0013% / 1h | 54m 27s | $33K | $253K | 10x |
| Short | Variational Omni FET | 0.2016 | 0.0100 | get 0.0100% / 8h | 3h 54m | $277K | $478K | — |
Extended FET-USD
Variational Omni FETFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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: −0.064% → +0.043%
- −$10.64
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$16.48
- Costs to cover
- 0.050%
- Break-even
- never at this rate
Slippage unknown: Extended: live order book, 63 min ago; Variational Omni: RFQ quote, 65 min ago. Net counts fees only.
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, 63 min ago | 8.03 bp | 15.7 bp −$16 | 119.0 bp −$1,190 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 65 min ago | 7.28 bp | doesn't fit | 46.1 bp −$461 | doesn't fit | 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 | −0.3703% | 1h | 0.2016 | −0.071% | $38K | $307K | 10x | as long as short |
| Coinbase International FET-PERP-INTX | −0.1192% | 1h | 0.2017 | −0.022% | $145K | $247K | 50x | as long as short |
| Kraken Futures PF_FETUSD | −0.0363% | 1h | 0.2019 | +0.101% | $997K | $2.2M | 50x | as long as short |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0011% | 1h | 0.2016 | −0.084% | $33K | — | 150x | as long as short |
| Injective FET/USDC PERP | +0.0033% | 1h | 0.2010 | −0.369% | $3K | $166K | 12x | as long as short |
| Aster FETUSDT | +0.0100% | 8h | 0.2016 | −0.079% | $194K | $812K | 10x | as long as short |
| Binance FETUSDT | +0.0100% | 8h | 0.2018 | +0.028% | $30.9M | $113.4M | 75x | as long as short |
| Gate FET_USDT | +0.0100% | 8h | 0.2016 | −0.071% | $2.7M | $12.4M | 50x | as long as short |
| MEXC FET_USDT | +0.0100% | 8h | 0.2015 | −0.121% | $31.3M | $24.5M | 200x | as long as short |
| KuCoin FETUSDTM | +0.0100% | 8h | 0.2018 | +0.028% | $10.6M | $18.7M | 50x | as long as short |
Deribit FET_USDC-PERPETUAL
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 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni FETshort | +0.0100% | 8h | 0.2016 | −0.064% | $277K | $478K | — | |
| Orderly PERP_FET_USDC | +0.0100% | 8h | 0.2015 | −0.121% | $38K | $7K | 10x | as long as short |
| Extended FET-USDlong | +0.0104% | 1h | 0.2017 | long leg | $33K | $253K | 10x | |
| GMX FET/USD [ETH-USDC] | L +0.0201% / S −0.0278% | 1h | 0.2015 | −0.139% | $13K | — | 100x | as long as short |
| BloFin FET-USDT | +0.0220% | 8h | 0.2016 | −0.071% | $1.7M | $3.1M | 100x | as long as short |
| BingX FET-USDT | +0.0249% | 8h | 0.2018 | +0.028% | — | $5.9M | — | as long as short |
| OKX FET-USDT-SWAP | +0.0250% | 4h | 0.2018 | +0.028% | $1.0M | $8.2M | 20x | as long as short |
| Bitget FETUSDT | +0.0255% | 8h | 0.2018 | +0.028% | $16.4M | $11.8M | 75x | as long as short |
| Hyperliquid FET | +0.0460% | 1h | 0.2018 | +0.013% | $8.7M | $8.4M | 5x | as long as short |
| Phoenix FET | +0.0505% | 1h | 0.2020 | +0.142% | $35K | $38K | 5x | as long as short |
Orderly PERP_FET_USDC
GMX FET/USD [ETH-USDC]
BloFin FET-USDT
BingX FET-USDT
OKX FET-USDT-SWAP
Bitget FETUSDT
Hyperliquid FET
Phoenix FET